China asks Alibaba to divest media assets ― Report

Beijing has asked Chinese e-commerce titan Alibaba to divest its assets in the media sector out of concern over the company’s growing public influence, The Wall Street Journal reported Monday. Its founder Jack Ma, the ebullient and unconventional billionaire who officially retired from Alibaba in 2019 but remains a large shareholder, has been in authorities’ […]
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CBN extends EoI deadline for Infracorp asset managers

By Emma Ujah, Abuja The Central Bank of Nigeria (CBN) has extended, by two weeks, the deadline for the submission of Expressions of Interest for appointment as Independent Infrastructure Asset Managers for the Infrastructure Corporation of Nigeria Limited (Infracorp). Dr Kingsley Obiora, CBN Deputy Governor (Economic Policy), announced this in a short statement, on behalf […]

DPR seals 4 petrol stations in Katsina for selling above approved price

The Department of Petroleum Resources (DPR) on Monday, sealed four petrol stations in Katsina metropolis for selling product above government approved price. Engr. Muhammad Abdulrahaman, Controller in charge of Katsina Field Office of DPR, disclosed this in an interview with the News Agency of Nigeria (NAN) in Katsina. Abdulrahaman stated that the stations were sealed […]

Gunmen kidnap two OOU female students in Ogun

Suspected gunmen, on Sunday night, kidnapped two female students of Olabisi Onabanjo University (OOU), Ago Iwoye, Ayetoro campus. The News Agency of Nigeria (NAN) gathered that the incident occurred at about 9 pm. on Sunday when the suspected bandits stormed the Igbole Aibo quarter in Ayetoro, shooting sporadically. It was further gathered that the suspected […]

NCC restates commitment to tackle fake telecoms devices

The Nigerian Communications Commission says it is working with other consumer products regulatory agencies to tackle the importation of fake and bio hazardous phones and accessories into the country. The Executive Vice-chairman of the Commission, Prof. Umar Danbatta stated this at the World Consumer Rights Day news conference and presentation of Telecom Consumer Handbook on […]

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