Police Hold FIJ Reporter One Week Despite Calls For His Release

  One week after he was taken from his Lagos residence by armed men who turned out to be policemen, Daniel Ojukwu, a journalist with an online news platform, the Foundation for Investigative Journalism (FIJ), has remained in police custody despite strong calls for his release. Ojukwu’s lawyer, Abimbola Ojenike, told Channels Television on Tuesday […]

CBN directs banks to suspend charges on deposits till September

  The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024. The apex bank disclosed this in a circular dated May 6, 2024, signed by its Director of Banking Supervision, Adetona Adedeji. Customers of some of the Deposit Money Banks raised concerns that the banks have begun […]

200 jobs at risk as Microsoft shuts down centre in Nigeria

  In a significant setback to Nigeria’s burgeoning tech industry, reports suggest that Microsoft is considering the closure of its African Development Centre based in Lagos. This move, if confirmed, would have profound implications for the country’s technological landscape, potentially impacting job opportunities and innovation in the sector. According to industry insiders who spoke to […]

Bolt sacks 22 workers in Nigeria

  Bolt Nigeria, a technology-driven ride-hailing platform, on Tuesday said its restructuring efforts affected 22 employees that were laid off. The firm’s Communications Manager, Femi Adeyemo, confirmed this to our correspondent on the telephone on Tuesday. Adeyemo emphasised that Bolt Nigeria is not facing financial difficulties but is instead undergoing a restructuring process. “22 people […]

CBN Issues July 7 Deadline For PoS Operators’ Registration With CAC

  The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation (CAC). This was revealed during a meeting between Fintechs and the Registrar-General/Chief Executive Officer (CAC) Hussaini Magaji (SAN) in Abuja on Tuesday. Speaking at the event, the […]

APC Members Ask Court To Sack Ganduje As National Chairman

  The crisis rocking the All Progressives Congress appears to be unending, as another group of party members have asked a court in Abuja, to sack the National Chairman of the party, Abdullahi Ganduje, for allegedly holding the position unlawfully. The APC North-Central Forum filed a lawsuit at the Federal High Court in Abuja on […]

Putin takes oath for record fifth presidential term

  The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation (CAC). This was revealed during a meeting between Fintechs and the Registrar-General/Chief Executive Officer (CAC) Hussaini Magaji (SAN) in Abuja on Tuesday. Speaking at the event, the […]