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NCC notifies Nigerians on internet scam

The Nigerian Communications Commission has notified Nigerians on the increasing incidents of fraud across various internet platforms, especially on social media networks.
There have been too many scams and scandals in Britain’s financial services’ market and a fundamental review is needed, the Financial Conduct Authority (FCA) said on Tuesday.

UK watchdog seeks to overhaul scandal-hit consumer investment market

There have been too many scams and scandals in Britain’s financial services’ market and a fundamental review is needed, the Financial Conduct Authority (FCA) said on Tuesday.

Manufacturers urges Nigerian government to review levies on imported electricity meters

The Electricity Meter Manufacturers Association of Nigeria (EMMAN) has appealed to the Federal Government to review its levies on imported electricity meters to promote full local content in the production of pre-paid meters.
The Central Bank of Nigeria (CBN), said more than one million smallholders farmers had access to finance through its Anchor Borrowers Programme.

AFAN: Inadequate rain, big challenge for Southwest farmers

John Olateru, Oyo State Chairman, All Farmers Association of Nigeria (AFAN), on Tuesday said that inadequate rainfall was a big challenge for farmers in the South-West this year.

Group tasks NERC on price of prepaid meters

The All Electricity Protection Forum, an electricity advocacy group, has appealed to Nigerian Electricity Regulatory Commission (NERC) to reduce the cost of prepaid meters in the country.
8. President Muhammadu Buhari presides over the weekly virtual Federal Executive Council (FEC) Meeting, at the Council Chambers, State House, Abuja.

President Buhari approves 35% import tax adjustment on meters

President Muhammadu Buhari has approved one-year deferment of the 35 percent import adjustment tax (levy) imposed on fully built unit (FBU) electricity meters HS Code 9028.30.00.00.
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.

CBN bans banks, third parties from getting forex via Form M

The Central Bank of Nigeria (CBN) has banned banks from opening Forms M (FOR IMPORTERS) “whose payments are routed through a buying company/agent or any other third parties.”
Lagos State Students emerged winners at the 2019 Nigeria Television Authority (NTA) National Children’s Arts, Science and Technology Expo clinching the 1st position and 2nd Runner-up in Arts/Crafts and the Science and Technology category respectively.

NTA-StarTimes venture yields no profit in 11 years – NTA chief

The Senate on Monday queried the management of the Nigerian Television Authority (NTA) over what it called 11 years non-profitable venture with StarTimes.
Several major US companies have expressed their concern over the effects of the Trump administration’s executive order targeting WeChat, according to a report in The Wall Street Journal.

WSJ: Apple, Ford, and Disney push back on Donald Trump’s WeChat ban

Several major US companies have expressed their concern over the effects of the Trump administration’s executive order targeting WeChat, according to a report in The Wall Street Journal. “More than a dozen” companies including Apple, Ford, Walmart, and Disney are all said to have taken part in a call with White House officials on Tuesday where the companies detailed the adverse consequences that a ban on WeChat could have on their own businesses.
The EU has fined Qualcomm €242 million (around $272 million) for selling 3G modem chips at predatory prices in an attempt to drive a competing supplier, Icera, out of the market.

Qualcomm wins US antitrust lawsuit appeal over chip licensing

A U.S. appeals court on Tuesday reversed a lower court ruling against chip supplier Qualcomm in an antitrust lawsuit brought by the Federal Trade Commission.
LG Electronics, South Korea’s second-largest appliance firm after Samsung, posted a second-quarter net profit slump of 38.1 per cent to 65.6 billion won Thursday, saying it had been “affected significantly” by the pandemic.

LG profit slumps 38.1%, as Samsung profit rises 7.3%

South Korean tech giant Samsung Electronics defied the coronavirus to report higher net profits in the second quarter Thursday, with strong demand for memory chips overcoming the pandemic’s impact on smartphone sales.

Microsoft sees growth amidst coronavirus pandemic computing demands

“We are seeing businesses accelerate the digitization of every part of their operations from manufacturing to sales to customer service,” Nadella told a conference call.
Microsoft is offering hackers up to $100,000 if they can break the security of the company’s custom Linux OS. The software giant built a compact and custom version of Linux last year for its Azure Sphere OS.

Microsoft sees growth amid pandemic computing demands

Microsoft on Wednesday reported rising revenues in the past quarter amid strong demand for cloud computing services from pandemic-hit businesses and consumers and big gains in its Xbox gaming operations.
A branch of South African mobile communications provider Vodacom in Cape Town is shown in this picture taken November 10, 2015. REUTERS-Mike Hutchings-File Photo

Vodacom partners with China’s Alipay to create ‘super app’

Vodacom Group plans to create a ‘super app’ in partnership with digital payment provider Alipay, part of China’s Alibaba group, to allow consumers in South Africa to shop online, pay bills and send money to family from next year.

Niger lawmakers frown at excessive billing by Abuja Disco

The Niger state House of Assembly has frowned at excessive collection of monthly bills by the Abuja Electricity Distribution Company (AEDC) in the state.

NCC resolves 98 percent consumer complaints in 15 months

Ninety eight per cent (98%) of the total service-related complaints received from telecoms consumers within a 15-month period, spanning January 2019 to April 2020, have been successfully resolved, the Nigerian Communications Commission (NCC) has said in a report.
The National Agency for Food and Drug Administration and Control (NAFDAC) says it has not approved any drug or vaccine for the treatment of COVID-19.

NAFDAC warns consumers in Borno to be wary of unregistered hand sanitisers

The National Agency for Food Drug Administration and Control (NAFDAC), on Saturday warned consumers in Borno to avoid unregistered hand sanitisers which might contain substances that could be toxic and harmful.
Uber has confirmed that it’s buying on-demand delivery company Postmates in an all-stock deal valued at $2.65 billion.

Uber confirms $2.7 billion Postmates acquisition

Uber has confirmed that it’s buying on-demand delivery company Postmates in an all-stock deal valued at $2.65 billion. The announcement comes after a week of speculation which culminated in Bloomberg reporting earlier today that the deal was done, though neither company has responded to the claims until now.

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Governor Nyesom Wike on Tuesday claimed the Niger Delta Development Commission, NDDC, spent the sum of N10 billion to fight him during the 2019 governorship election.

Governor Wike: We don’t want inconclusive election in Edo

Governor Nyesom Wike of Rivers State and the Chairman of the PDP National Campaign Council for the Edo Governorship election has urged the Independent National Electoral Commission (INEC) to make sure the collation of the election is monitored and go well just like the election itself.
The Centre for Democracy and Development (CDD) has said thugs intimidated voters, election observers and journalists on a scale it said would affect the integrity of the governorship election in Kogi State.

Edo election: Votes sold for N1,000 to N15,000 – CDD

The Centre for Democracy and Development on Saturday condemned the high incidence of vote-trading recorded in the Edo State governorship election.

Sultan turbans 15 district heads in Sokoto

The Sultan of Sokoto, Sa’ad Abubakar III, on Saturday turbaned 15 new District Heads in Sokoto State.
The Lagos State Governor, Mr Babajide Sanwo-Olu, on Monday said that the Coronavirus pandemic had shown Nigerians that there was need for prayers.

Governor Sanwo-Olu: Pre-primary classes remain closed in Lagos

The Lagos State governor, Babajide Sanwo-Olu, has said that pre-primary classes in public and private schools across the state are to remain closed until further announcements are made.
Crystal Palace's Ivorian striker Wilfried Zaha celebrates scoring his side's third goal in the 3-1 victory over Manchester United at Old Trafford.

Crystal Palace’s Wilfried Zaha explains Jordan Ayew penalty swap against Manchester United

Crystal Palace attacker Wilfried Zaha has englightened the public on the incident leading to replacing Ghana striker Jordan Ayew in retaking a missed penalty during Saturday's Premier League triumph over Manchester United.