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Economic and Financial Crimes Commission - EFCC.

Former MD urges new EFCC boss to revisit N100 billion petition against Alpha Beta

A former Managing Director of Alpha Beta Consulting Limited and Alpha Beta LLP, Mr. Dapo Apara, has called on the new acting Chairman of the Economic and Financial Crimes Commission, Mohammed Umar, to revisit his petition against the company.
Currency depreciation, inflation, negative growth, businesses closed- Algeria's economy has been battered by the one-two punch of the coronavirus crisis and tumbling oil revenues.

Algeria economy rocked by one-two punch of coronavirus crisis

Currency depreciation, inflation, negative growth, businesses closed: Algeria's economy has been battered by the one-two punch of the coronavirus crisis and tumbling oil revenues.
Majority of our laws are dead, said, Ajibola Basiru, spokesman of the senate.

Senate commends Buhari for assenting to CAMA Bill

The Senate has commended President Muhammadu Buhari for assenting to the Companies and Allied Matters Bill passed by the National Assembly.
Masari spoke in an interview with State House correspondents after a meeting he held with President Muhammadu Buhari at the Presidential Villa, Abuja.

President Buhari signs amended Companies and Allied Matters Bill

President Muhammadu Buhari on Friday assented to the Companies and Allied Matters Bill, 2020 recently passed by the National Assembly.
U.S. President Donald Trump on Thursday raised the possibility of delaying the nation’s Nov. 3 presidential election despite its date being enshrined in the U.S. Constitution, drawing immediate objections from Democrats.

Donald Trump bans dealings with Chinese owners of TikTok, WeChat

President Donald Trump on Thursday ordered a sweeping but unspecified ban on dealings with the Chinese owners of consumer apps TikTok and WeChat, although it remains unclear if he has the legal authority to actually ban the apps from the U.S.
U.S. President Donald Trump on Thursday raised the possibility of delaying the nation’s Nov. 3 presidential election despite its date being enshrined in the U.S. Constitution, drawing immediate objections from Democrats.

Facebook removes Donald Trump post for violating coronavirus misinformation rules

Facebook on Wednesday took down a post by U.S. President Donald Trump, which the company said violated its rules against sharing misinformation about the coronavirus.
The requests contained in three separate letters read at the beginning of plenary on Tuesday by the Senate President, Ahmad Lawan. 3

Senate queries N1.121 billion spent by NDDC IMC on public communication

The Senate has raised the alarm over the N1.121 billion spent by Niger Delta Development Commission, NDDC, on Public Communication.

Bristow Helicopters fires 100 pilots, engineers over coronavirus effect on operations

Bristow Helicopters has announced the sack of about 100 pilots and engineers following the devastating effect of the coronavirus pandemic on its operations and finances. The announcement comes barely 24 hours after Air Peace announced the sack of about 70 pilots citing the pandemic’s effect on its finances.
TikTok

China will not accept US ‘theft’ of TikTok

China says it will not accept the U.S.’ “theft” of a Chinese technology company, state media reported on Tuesday.
President Donald Trump is days away from announcing strong action against the popular Chinese-owned video sharing app TikTok to protect US national security, Secretary of State Mike Pompeo said Sunday.

Mike Pompeo: Donald Trump days away from moving against TikTok

President Donald Trump is days away from announcing strong action against the popular Chinese-owned video sharing app TikTok to protect US national security, Secretary of State Mike Pompeo said Sunday.
The Director-General of National Agency for Food and Drug Administration and Control (NAFDAC), Mojisola Adeyeye has criticised the overdependence on importation in Nigeria.

Only thing Nigerian pharmaceutical companies don’t import is water – NAFDAC chief

The Director-General of National Agency for Food and Drug Administration and Control (NAFDAC), Mojisola Adeyeye, has criticised the overdependence on importation in Nigeria.
United States Army soldiers can no longer use TikTok on government-owned phones following a decision to ban the app.

ByteDance ‘reaches’ deal to sell TikTok American operations

TikTok parent company ByteDance has reportedly agreed to sell its American operations to prevent the Trump administration from banning it in the US, according to Reuters.
The National Information Technology Development Agency (NITDA) has drawn the attention of Nigerians to a fraudulent online data collection form that is capitalizing on the COVID-19 pandemic to defraud unsuspecting Nigerians.

NITDA working to balance concerns, advantages of fourth industrial revolution – chief

As studies indicate that some jobs are vulnerable to automation in the next decade and how companies and organisations get to adapt to the rapid transformation, security risks triggered by digitisation, the Director-General of National Information Technology Development Agency (NITDA), Mallam Kashifu Abdullahi, has said that the agency is working round the clock to balance the concerns and advantages of Fourth Industrial Revolution (FIR).
Men count Nigerian naira banknotes at a livestock market, ahead of Eid al-Adha, amid the spread of the coronavirus disease (COVID-19), in Abuja, Nigeria July 29, 2020. REUTERS-Afolabi Sotunde

Starved of dollars, Nigerian businesses struggle for survival

Around 80% of the materials that go into Lagos-based diaper and sanitary towel manufacturer Wemy’s products are imported. To buy them, Paul Odunaiya needs dollars, which he can no longer find.
The trial of two former French spies suspected of sharing secrets with China opened in a Paris criminal court Monday, behind closed doors for reasons of national security.

German firms in China do not expect business to recover until 2021

German companies in China do not expect business to return to pre-pandemic levels until next year, according to an advocacy paper published on Wednesday by the German Chamber of Commerce in China.
Kazakh President Qasym-Zhomart Toqaev has ordered an extension of a nationwide lockdown by another two weeks to stem the outbreak of the coronavirus a day after officials began discussing a possible easing of restrictions.

Kazakhstan extends lockdown by two more weeks

Kazakh President Qasym-Zhomart Toqaev has ordered an extension of a nationwide lockdown by another two weeks to stem the outbreak of the coronavirus a day after officials began discussing a possible easing of restrictions.
Samsung is considering dropping its Bixby virtual assistant and Galaxy Apps Store from its mobile devices as part of a new global revenue-sharing deal with Alphabet’s Google, according to correspondence seen by Reuters on Tuesday.

Samsung could ditch Bixby and Galaxy Store as part of Google deal

Samsung is considering dropping its Bixby virtual assistant and Galaxy Apps Store from its mobile devices as part of a new global revenue-sharing deal with Alphabet’s Google, according to correspondence seen by Reuters on Tuesday.
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.

Central bank re-assigns two pre-shipment inspection agents for non-oil export

The Central Bank of Nigeria, CBN, yesterday, re-assigned two companies as Pre-Shipment Inspection Agents (PIA) for non-oil exports in the northern and south-western parts of the country.

Recent Stories

Chelsea manager Frank Lampard on the pitch before the match, as play resumes behind closed doors following the outbreak of the coronavirus disease (COVID-19) REUTERS-Michael Dalder

Frank Lampard promises to ‘keep moving forward’ as he reflects on first season in...

Frank Lampard says he is ‘really proud’ of his Chelsea players this season and has promised to ‘keep moving forward’ as he reflects on his first season in charge at Stamford Bridge.
Masari spoke in an interview with State House correspondents after a meeting he held with President Muhammadu Buhari at the Presidential Villa, Abuja.

President Buhari: We could’ve used army, police to overrun opposition during elections

President Muhammadu Buhari, on Monday, said if not for the respect All Progressives Congress, APC, has for the country, it could have used the army, the police and other security agencies to overrun the opposition Peoples Democratic Party, PDP, in the 2019 elections.

INEC heads to Supreme Court over Court of Appeal judgement on parties deregistration

The Independent National Electoral Commission (INEC) said it would approach the Supreme Court over conflicting judgements by the Court of Appeal on recently deregistered political parties.
The governor, Hope Uzodinma, disclosed this in Owerri, after meeting with the leadership of the state chapters of the Nigeria Union of Pensioners, NUP, led by Josiah Ugochukwu, Nigeria Labour Congress, NLC, Comrade Austin Chilakpu and Trade Union Congress, TUC, at the Government House in Owerri.

Governor Uzodinma backs Mamman Daura on rotational presidency

Imo State governor, Senator Hope Uzodimma, has lent credence to the position of President Muhammadu Buhari’s nephew, Mamman Daura on rotational presidency, saying the nation will be better off if merit is allowed to drive the political processes.

Man, friend in court for allegedly taking turns to defile 15-year-old stepdaughter

An Ikeja Chief Magistrates’ Court on Tuesday, ordered that a 50-year-old man, Paul Nnadi, and his friend, be remanded in Kirikiri Correctional Centre, Lagos for allegedly taking turns to rape his 15-year-old stepdaughter.