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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.

CAC: Only Companies fit and qualified will be engaged in public procurement

The Registrar General of the Corporate Affairs Commission (CAC), Garba Abubakar, has said that companies that are not fit and qualified should not engage in public procurement.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Trading sustains positive trend, up by 0.31 per cent

Activities on the Nigerian Stock Exchange (NSE) extended a positive trend on Tuesday with key market indices appreciating further by 0.31 per cent.
Graham Ivan Clark, 17, was arrested Friday in Tampa, where the Hillsborough State Attorney’s Office will prosecute him as an adult. He faces 30 felony charges, according to a news release.

Florida teen arrested as mastermind of Twitter hack

A Florida teen was identified Friday as the mastermind of a scheme earlier this month that commandeered Twitter accounts of prominent politicians, celebrities and technology moguls and scammed people around the globe out of more than $100,000 in Bitcoin. Two other men were also charged in the case.
Vice President Yemi Osinbajo

Presidency to meet Senate over Azura Power plant controversy

A Presidency official weekend, also confirmed that senior Federal Government officials would be communicating with the Senate to clarify some of the misconceptions that featured last week when the Chairman of the Senate Committee on Power, Senator Gabriel Suswam, presented a report on ‘Addressing Nigeria’s Power Sector Problems’ for debate at Plenary.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation up by N177 billion on Dangote Cement gain

The key market indicators of the Nigerian Stock Exchange (NSE) on Thursday posted the first gain for the week, appreciating by 1.40 per cent.
A Zenith Bank logo is seen on a sign on top of the bank in Freetown, Sierra Leone August 19, 2017. REUTERS-Afolabi Sotunde

Nigerian banks to limit debit card spending abroad to ease forex risk

Nigerian banks plan to reduce the amount customers can spend abroad using debit cards on Monday, two lenders said, as banks try to limit foreign currency settlement risk.
The Federal Bureau of Investigations (FBI) has said that $15.3million, which is part of the money Olalekan Jacob Ponle aka Woodberry stole, was stashed away in a Bitcoin (BTC) wallet.

Grand jury indicts Woodberry for ‘wire fraud’

Olalekan Ponle, a Nigerian held in the United States for alleged multi-million-dollar fraud, has been indicted by the grand jury, a group of lawyers empowered to conduct legal proceedings and investigate potential criminal conduct.
A man reads a message on data bundles from mobile telecoms operator Econet Wireless on his mobile phone in Harare, Zimbabwe, January 13, 2017. REUTERS-Philimon Bulawayo

Zimbabwe accuses mobile phone operator Econet of money laundering

Zimbabwean police have issued a warrant against the largest mobile phone operator Econet Wireless to hand over a list of its mobile money transactions and subscribers because authorities suspect it of involvement in money laundering, according to the warrant.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria’s stock market opens week with N55 billion loss

The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in some blue chips.

SEC, NITDA partner on data protection

The Securities and Exchange Commission, SEC, has restated its preparedness to collaborate with the National Information Technology Development Agency, NITDA, in a bid to foster safe conduct of transactions and usage of personal data in the Nigerian capital market.
The Federal Bureau of Investigations (FBI) has said that $15.3million, which is part of the money Olalekan Jacob Ponle aka Woodberry stole, was stashed away in a Bitcoin (BTC) wallet.

How FBI tracked Hushuppi’s ally Woodberry via WhatsApp, iPhone

Olalekan Jacob Ponle, popularly known as Woodberry, was nabbed through details accessed from his WhatsApp, iPhone and Bitcoin transactions, court documents reveal.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation opens week with N162 billion loss

The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a loss of N162 billion in a day.

UK Export Finance set to back Total’s $20 bln Mozambique LNG project

Britain’s export credit agency UK Export Finance (UKEF) is set to back a $20 billion liquefied natural gas (LNG) project in Mozambique, a source with direct knowledge of the matter told Reuters on Friday.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock market opens week with N119 billion loss

Nigerian equities market resumed trading on Monday with a loss of 0.91 per cent as a result of profit taking in some blue chips.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Trading resumes after Eid-el-Fitr celebration with 0.07% growth

The Nigerian Stock Exchange (NSE) reopened trading on Wednesday after the public holidays to mark the Eid-el-Fitr celebration with a marginal growth of 0.07 per cent.
In an effort to control the spread of the new virus ‘Coronavirus’, the Chief Executive of Hong Kong Carrie Lam has ordered on Tuesday that the city would sharply cut the number of visitors from mainland China.

China pushes security law after unrest

China’s parliament said it will introduce a proposal Friday for a national security law in Hong Kong at its annual session, in a move the US warned would “highly destabilising” for the financial hub.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation rises further by N130 billion

Sentiments remained positive on the Nigerian Stock Exchange (NSE) on Wednesday, with the market capitalisation growing by N130 billion due to gains by Dangote Cement.

Recent Stories

The Nigeria Football Federation (NFF) has celebrated with former Super Eagles Captain Austin Okocha who turns 47 on Friday, August 14th, 2020.

NFF celebrates former Super Eagles skipper Austin Okocha at 47

The Nigeria Football Federation (NFF) has celebrated with former Super Eagles captain Austin Okocha who turns 47 on Friday, August 14th, 2020.
Super Eagles goalkeeper Daniel Akpeyi has continued his good run of form between the sticks as he kept his fourth consecutive clean sheet in the league when Kaizer Chiefs ran out 2-0 winners against Chippa United in an ABSA Premiership clash at Nelson Mandela Bay Stadium on Wednesday.

Daniel Akpeyi plays down rivalry with Itumeleng Khune

Super Eagles goalkeeper Daniel Akpeyi has described South Africa international goalkeeper Khune Itumeleng, as a legend.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

Group urges Atiku Abubakar, Bukola Saraki to join APC

Ahead of the 2023 general elections in Nigeria, a youth group affiliated with the All Progressives Congress (APC) has called on a former vice president, Atiku Abubakar, and former Senate President, Bukola Saraki, to return to the party.
Super Eagles and APOEL Nicosia goalkeeper Francis Uzoho continues his road to recovery ahead of the 2020-2021 Cypriot First Division season scheduled to start on August 21st

Francis Uzoho ready for new Cypriot First Division season

The Nigeria international recently returned to training after suffering a ligament injury back in October during Super Eagles’ international friendly outing against five-time world champions Brazil in Singapore. He had since been sidelined from action after undergoing successful surgery.
A worker packs cases of wine for distribution at Nederburg Wine Estate in Paarl, South Africa, July 8, 2020. REUTERS-Mike Hutchings

South African business confidence recovers from 35-year low

South African business confidence recovered from a 35-year low in July, boosted by improving global economic activity, but the measure remained well-below average, over worries about the slow re-opening of the economy and soaring local infections.