A court in Moscow on Thursday fined Google for failing to store the data of users who are based in Russia in that country. A judge imposed a fine of 3 million roubles (40,000 dollars) on Google, the first time the company has faced a penalty of this kind in Russia. However, LinkedIn, an employment…
The Organisation of Petroleum Exporting Countries (OPEC) says the global energy sector requires about 12.6 trillion dollars investment cumulatively for development by 2045. The Secretary General of OPEC, Dr Mohammad Barkindo made the disclosure while presenting a keynote address at the 14th Annual Conference of the Nigerian Association of Energy Economics (NAEE) in Abuja on…
Airtel, UNICEF partner to empower Nigerian youthsTelecommunication company, Airtel Nigeria, says it has partnered with UNICEF to empower Nigerian youths through the newly launched Generation Unlimited (GenU) initiative. Telecommunication company, Airtel Nigeria, says it has partnered with UNICEF to empower Nigerian youths through the newly launched Generation Unlimited (GenU) initiative. Airtel in a statement on…
By Emmanuel Udodinma Mindful of the inherent benefits that accrue from sporting activities, including economic advantages, Nigerians have been urged to embrace sports as viable business and corporate ventures. They have also been advised to engage in sports as a professional and business venture that is capable of uplifting their fortunes and that of their…
The Federal Government has extended the deadline for NIN-SIM data verification to October 31. This was contained in a joint statement signed by the Director of Public Affairs of the Nigerian Communications Commission, Dr Ikechukwu Adinde, and the Head, Corporate Communications at Nigeria Identity Management Commission, Mr Kayode Adegoke issued on Saturday. The statement was…
Okechukwu Nnodim, Sami Olatunji, Amarachi Orjiude, Temitayo Jaiyeola, Stephen Agwaibor, Adepeju Adenuga and Juliana Ajayi The cost of food items in Nigeria has been recording significant increases in the past one year. A survey carried out by our correspondents in markets across Lagos, Ogun and Federal Capital Territory showed that staple food commodities have witnessed…
Fidelity Bank has promoted 745 employees following its 2019 and 2020 financial years performance reviews. The promotion is to boost staff’s morale and enhance their efficiency and productivity. In a statement at the weekend, the bank stated that a total of 461 staff members benefited from the 2019 financial year exercise, while 284 staff members…
Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, has organised a webinar aimed enlightening the public about safe investment. The session themed ‘Investing in uncertain times’ via Instagram, as part of the Stanbic IBTC #BlueTalks series, featured Head, Investment Management, Fadekemi Obasanya, and Fund Analyst, Ekene Nwaokoro, both of Stanbic IBTC Asset…
The Accident Investigation Bureau (AIB) has denounced the rumour making the rounds that Air Peace plane crashed in Ilorin. Mr Tunji Oketunbi, AIB General Manager, Public Affairs, said this in a statement on Saturday in Lagos. Oketunbi said that “there was no crash whatsoever,” adding that the tyres busted after landing. “This is to confirm…
