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BREAKING: Nigerians paid N2.23 trillion to kidnappers in 12 months – NBS report Nexovant
The latest Crime Experience and Security Perception Survey (CESPS) conducted by the National Bureau of Statistics (NBS) has revealed alarming figures on the state of crime in Nigeria. According to the survey, Nigerians paid a total of N2.23 trillion in ransom over the 12-month period from May 2023 to April 2024. This amount was paid […]
Meta fined €251 million over data breach that affected 29 million Facebook users globally Nexovant
Social media company, Meta, has been slammed a €251 million in Europe over a 2018 personal data breach that impacted 29 million Facebook users globally. The Irish Data Protection Commission (DPC), which announced the fine on Tuesday, said Meta Platforms Ireland Limited (‘MPIL’) reported the breach in September 2018. Of the 29 million Facebook users […]
Inflation: Nigerian businesses to face higher interest rates challenge in 2025—LCCI Nexovant
The Lagos Chamber of Commerce and Industry (LCCI) has warned businesses in Nigeria to prepare for higher interest rate challenges in 2025 as the Central Bank of Nigeria (CBN’s) policies failed to tame inflation. The Director-General of the LCCI, Dr. Chinyere Almona, said this in a statement issued on Tuesday in reaction to the latest […]
DR Congo files criminal case against Apple over alleged Illegal mineral exploitation Nexovant
The Democratic Republic of the Congo (DRC) has initiated criminal proceedings against European subsidiaries of Apple, accusing the tech giant of incorporating illegally mined “blood minerals” into its global supply chain. The complaints, filed in Paris and Brussels, allege that Apple procured minerals sourced from conflict-stricken eastern DRC and Rwanda, where materials are reportedly mined […]
President Tinubu appoints Aisha Garba as Executive Secretary of Universal Basic Education Nexovant
President Bola Ahmed Tinubu has approved the appointment of Aisha Garba, an international development specialist, as the executive secretary of Universal Basic Education (UBEC). This was disclosed in a statement by Bayo Onanuga, Special Adviser to the President (Information & Strategy), on December 17, 2024. The presidency described Garba as a senior education specialist with […]
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