Companies

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.

The Senate has commended President Muhammadu Buhari for assenting to the Companies and Allied Matters Bill passed by the National Assembly.

President Muhammadu Buhari on Friday assented to the Companies and Allied Matters Bill, 2020 recently passed by the National Assembly.

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.

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

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.

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.

The Director-General of National Agency for Food and Drug Administration and Control (NAFDAC), Mojisola Adeyeye, has criticised the overdependence on importation in Nigeria.

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.

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).

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.

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.

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, 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.