By Funmi Ojo WhatsApp, a subsidiary of Meta, has announced its intention to appeal the $220 million fine imposed by the Federal Competition and Consumer Protection Commission (FCCPC) for violating Nigeria’s data privacy laws. In a statement released to the News Agency of Nigeria (NAN) on Saturday in Lagos, WhatsApp …
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By Funmi Ojo The Central Bank of Nigeria (CBN) has announced plans to take control of funds in dormant accounts, assets, and unclaimed balances held in banks and other financial institutions across the country. According to a revised guideline released by the apex bank, these funds will be transferred to …
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By Taiwo Niyi The Federation Accounts Allocation Committee (FAAC) has announced the distribution of N1.354 trillion as June 2024 Federation Accounts Revenue to the Federal Government, States, and Local Government Councils across Nigeria. Bawa Mokwa, spokesperson for the Office of the Accountant-General of the Federation, revealed this in a communiqué …
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Transport workers in Lagos State have accused the officials of Operation MESA, a joint security task force of harassment and extortion. This joint security operation, comprising the Nigerian Army, Navy, and Air Force, operates in collaboration with the police to combat crime in the state. Tricycle and motorcycle riders in …
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