Court Dismisses Criminal Charges Against Seplat Energy

A Federal High Court in Abuja has dismissed the criminal case brought forward by the Nigeria Immigration Service’s against Seplat Energy and some of its officers. All named defendants were completely discharged by the court. On April 20, the Nigerian Immigration Service (RNS Number : 9385W) withdrew the charge related to Mr. Roger Brown’s immigration […]
Twitter Strips Free Verified Accounts Of Blue Tick, As It Affects Tinubu, Atiku, Peter Obi, Kwankwaso, Others

The president-elect and party leader of the All Progressives Congress, Bola Tinubu, as well as the Peoples Democratic Party (PDP), Atiku Abubakar, Peter Obi of Labour Party (LP) and and Rabiu Kwankwaso of the New Nigeria Peoples Party (NNPP) were all stripped of their verification badges by the microblogging platform Twitter on Thursday. In addition […]
Elon Musk Threatens To Sue Microsoft Over Twitter Data

Twitter boss Elon Musk has threatened to sue Microsoft as he accused the technology giant of using data from his social media company without permission. “They trained illegally using Twitter data. Lawsuit time,” the multi-billionaire said in a tweet. Mr Musk was responding to Microsoft’s plan to remove Twitter from its corporate advertising platform. He did […]
Peak Milk Takes Down Insensitive Easter Advert Apologises To CAN

The management of FrieslandCampina WAMCO Nigeria Plc, the manufacturer of Peak Milk, has apologised to the Christian Association of Nigeria (CAN) and Christians for their insensitive Easter advertisement, which used the crucifixion of Jesus Christ as a metaphor to promote their product on Good Friday, and has stated that the social media advertisement has been […]
Virgin Orbit: Richard Branson’s Rocket Firm Files For Bankruptcy

British billionaire Sir Richard Branson’s rocket company Virgin Orbit has filed for bankruptcy in the US after failing to secure new investment. The satellite launch company halted operations weeks ago but it hopes to find a buyer for the business. The company, based in California, announced last week that it would cut 85% of its […]
China’s Loans To Africa Worry World Bank President David Malpass

The president of the World Bank has told the BBC that he is concerned about some of the loans China has been making to developing economies in Africa. David Malpass says the terms and conditions need to be “more transparent”. It comes amid worries that countries including Ghana and Zambia are struggling to repay their […]
Adidas Backtracks On Black Lives Matter Design Opposition

Adidas says it is withdrawing a request to the US Trademark Office to reject a Black Lives Matter (BLM) application for a trademark featuring three parallel stripes. The sportwear giant did not give a reason for the reversal. On Monday, Adidas said the Black Lives Matter Global Network Foundation design would create confusion with its […]
Elon Musk: Twitter Boss Announces Blue Tick Shake-up

Twitter boss Elon Musk has announced a shake-up of the social media platform’s paid Twitter Blue feature. From 15 April only verified subscribers will have posts recommended to other users and be allowed to vote in polls. Under the policy, posts from non-paying accounts will not be included in the “For you” stream of recommended […]
Silicon Valley Bank: Collapsed US Lender Bought By Rival

The assets and loans of collapsed US lender Silicon Valley Bank (SVB) are being bought by rival First Citizens BancShares. The failure of SVB earlier this month triggered fears about the stability of other lenders, sparking sharp falls in bank shares around the world. In Europe, worries over the strength of Swiss banking giant Credit […]
CBN Ask Banks To Open On Weekends

The Central Bank of Nigeria (CBN) has directed all commercial banks to open for operation on Saturdays and Sundays as the apex bank evacuates banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease the circulation of banknotes of various denominations. Acting director of the corporate communications […]