The CBN has sacked the entire members of the board of First Bank of Nigeria. The Central Bank of Nigeria has announced the immediate removal of all of the directors of First Bank Nigeria Limited as well as FBN holdings. The announcement comes on the heels of the CBN’s ultimatumContinue Reading
The Lee family pay the full amount, the largest-ever inheritance tax payment in South Korea, over a period of five years in six instalments. Samsung heir Lee Jae-yong and other family members of the late Samsung chairman Lee Kun-hee will pay over 12 trillion won, or around $10.8 billion, inContinue Reading
The National Broadcasting Commission (NBC) has reportedly suspended Channels Television over an interview with the station held with the spokesperson of the outlawed Indigenous People of Biafra (IPOB). Details of the suspension were not clear as of the time of this report but a senior official of the TV station confirmed the suspension toContinue Reading
TikTok is facing a legal challenge from former children’s commissioner for England Anne Longfield over how it collects and uses children’s data. The claim is being filed on behalf of of millions of children in the UK and EU who have used the hugely popular video-sharing app. If successful, theContinue Reading
Despite Trump’s defeat in November by Democrat Joe Biden, he remains influential in the Republican Party. Donald Trump plans to return to social media soon, using “his own platform” after being banned from Twitter and other outlets, a former advisor said Sunday. “I do think that we’re going to seeContinue Reading
* All enquiries referred to FBI – Embassy * Pantami denies, says I will sue for defamation Nigerians yesterday sent a deluge of requests to the Embassy of the United States of America in Abuja, trying to get more information and clarification on the alleged links of the Minister ofContinue Reading
Twitter often champions itself as a platform for public conversation, and over time, it has made changes to its user experience to make discussions more transparent. These include labels to identify heads of state and state-affiliated media accounts, as well as a community-driven approach to curb the spread of misinformation. Now, the firm has announced thatContinue Reading
Following six years of losses totaling $4.5 billion What just happened? Following months of rumors that it would happen, LG has finally confirmed it is quitting the phone business. The Korean giant said the decision to close its mobile unit was approved by the board of directors today. It comes after theContinue Reading
Find out if you were one of the 533 million affected users Over the last few days, it’s been revealed that the personal data of hundreds of millions of Facebook users around the globe has been leaked online. More specifically, over 533 million accounts from 106 countries that contain phone numbers, fullContinue Reading
An air force jet has dropped out of radar contact on a support mission in Borno. The Nigerian Air Force Alpha Jet was on an interdiction mission in support of ground troops. The mission was part of ongoing counterinsurgency operations in the north east. “The loss of radar contact occurredContinue Reading
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