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Facebook on Tuesday said the coronavirus pandemic has users flocking to its services while it undermines ad revenue on which the world’s biggest social network depends.

Facebook introduces corporate human rights policy it will ‘strive to respect’

Facebook is addressing the criticism it’s faced for its role in human rights abuses by putting its values on paper in a new “corporate human rights policy” collecting “the human rights standards [it] will strive to respect.” Under the policy, Facebook is committing to providing an annual report on its impact on human rights and a fund for human rights defenders.
FILE PHOTO - A 3D-printed Facebook logo is seen placed on a keyboard in this illustration taken March 25, 2020. REUTERS-Dado Ruvic-Illustration-File Photo

Facebook says it’ll start punishing group members who break its rules

Facebook is trying to clean up its Groups experience and limit the reach of potentially problematic users and communities. The company announced multiple changes to groups today, including plans to put users who break rules on probation, further limit the reach of civic and political groups, and require more moderation in groups that have violated Facebook’s rules.
FILE PHOTO - A 3D-printed Facebook logo is seen in front of a stock chart in this illustration taken November 3, 2016. REUTERS-Dado Ruvic-Illustration-File Photo

Facebook shuts stock trading group after GameStop frenzy

Facebook Inc took down a popular Wall Street discussion group, Robinhood Stock Traders, in a move that its founder on Thursday described as backlash for conversations buoying shares of GameStop Corp and other companies this week.
China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app.

Russia wages online battle against TikTok, YouTube

“I’m an American!” a young Russian under the username Neurolera exclaims in English on the popular video-sharing app TikTok as she explains how to impersonate a tourist to avoid arrest at a street demonstration.
FILE PHOTO - The Facebook logo is displayed on a mobile phone in this picture illustration taken December 2, 2019. REUTERS-Johanna Geron-Illustration-

Facebook’s Donald Trump ban will be reviewed by new oversight board

Facebook vice president Nick Clegg says the company is referring its decision to indefinitely suspend former President Trump from its platform to its newly-established oversight board for a complete review. The president’s Facebook account was suspended indefinitely on January 7th after he incited his followers to attack the US Capitol on January 6th. Six people died in the ensuing riots.
FILE PHOTO - The Facebook logo is displayed on a mobile phone in this picture illustration taken December 2, 2019. REUTERS-Johanna Geron-Illustration-

Facebook says starts process of appointing Turkey representative

Facebook Inc said on Monday it had started the process of appointing a legal entity as a local representative in Turkey in compliance with a new social media law which critics have said will muzzle dissent.
Facebook might be putting Messenger back into its main social media app.

Facebook imposes restrictions on live-streaming to prevent future abuse

Facebook has announced that it would start restricting who can live stream video on the platform following the white nationalist terrorist attacks in New Zealand only a few months ago.

Facebook holds exhibition against fake news

As part of its continued commitment to tackling false news, fake accounts and hate speech, as well as improving the transparency of advertising on its platform, Facebook, recently held an election Integrity Exhibition for media, civil society partners and other stakeholders in Nigeria.

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“At this moment, l cannot say how many students were taken away by the gunmen until l get there, but we have already mobilized security men and members of the vigilantatè who are now in pursuit of the abductors,” the commissioner stated.

Two ‘killed’, one injured as robbers attack bullion van in Ondo

Two persons were feared killed while one was injured as bank robbers attacked a bullion van at Bolorunduro area in Ondo East council area of Ondo state.
Governor Oluwarotimi Akeredolu of Ondo State has granted amnesty to 11 inmates serving various jail terms in correctional centres in the state to mark the beginning of 2021.

Ondo governor commiserates with Pastor Adeboye over son’s demise

Ondo State Governor Rotimi Akeredolu has commiserated with the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adejare Adeboye, over the death of his son, Pastor Dare Adeboye.
L-R: Katsina state Governor, Honourable Bello Masari. Kebbi’s state Governor, Senator Atiku Bagudu, Governor, Central Bank of Nigeria, Godwin Emefiele and President, Maize Farmers Association Bello Abubakar Annur (with Reflective jacket) at the Flag- off of the National Maize harvest and Loan Recovery and launching of 2020/2021 Dry Season Maize Farming in Katsina on Thursday, May 6, 2021

CBN governor vows to block maize importation

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Thursday vowed to resist importation of maize as Nigerians have the capacity and capability to grow the crop locally to meet consumption demand.
1. Vice President Yemi Osinbajo on Wednesday presided over the weekly Federal Executive Council (FEC) meeting at the State House, Abuja.

VP Osinbajo: Nigeria’s unity must not be compromised

Nigeria’s Vice President, Prof. Yemi Osinbanjo, on Thursday, insisted that the unity of the country should not be compromised in anyway.
Mele Kyari, group managing director, Nigerian National Petroleum Corporation (NNPC), says buyers were begged to purchase Nigeria’s crude oil at $9 per barrel in April.

NNPC: We’ll commission rehabilitated PHC refinery in 2023

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has assured Nigerians that the Port Harcourt Refinery Complex (PHRC) will roar back to life on or before April 5, 2023 when repairs would have been completed.

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The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent in October 2020, compared with 7.35 percent in the previous month.

Group laud CBN’s sack of First Bank directors

The Nigeria Ethnic Youth Leaders Council has lauded the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the apex bank’s decision to sack some key board members of First Bank Nigeria (FBN) and First Bank of Nigeria Holding Plc.
“At this moment, l cannot say how many students were taken away by the gunmen until l get there, but we have already mobilized security men and members of the vigilantatè who are now in pursuit of the abductors,” the commissioner stated.

MBF: Nigerian government watches helplessly as bandits hold sway

The Middle Belt Forum has described as sad the threat by bandits to kill the students they abducted from Greenfield University, Kaduna.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Electricity consumers praise central bank for N120 billion power intervention

As a part effort to support and grow revenue of the power sector, the Central Bank of Nigeria, CBN, last week disclosed that it has disbursed about N3.6 billion for procurement of pre-paid meters to stabilise the billing system in electricity consumption in Nigeria as part of its N120.2 billion investments in distribution companies, DisCos, for infrastructure capital expenditure.
Nigerian National Petroleum Corporation (NNPC)

Official: NNPC not broke

The Nigerian National Petroleum Corporation (NNPC) says the zero revenue projection for May pertains only to the federation revenue stream it manages and not a reflection of its overall financial performance.
In a demonstration to tackle the menace of ghost workers that has continue to drain the coffers of government, Bauchi State Governor, Sen Bala Abdulkadir Mohammed will hold a public parley with all the stakeholders involved in the payment of workers salaries in the state.

Bauchi raises the alarm over influx of bandits from Yobe

Bauchi State Government has raised the alarm over the influx of bandits from neighboring Yobe state. It said the bandits had infiltrated four local governments.