Business
Facebook to pay $52 mn Settlement For Trauma To Content Reviewers
Facebook has agreed to a $52 million court settlement to compensate content moderators who suffered mental trauma from the graphic and violent images they were required to review, plaintiff lawyers
Samsung Heir Apologises Over Corruption Scandal
The heir to the Samsung empire bowed in apology Wednesday for company misconduct including a controversial plan for him to ascend to the leadership of the world’s largest smartphone maker.
Facebook Set to Permit Creators, Musicians Charge For Livestream Access
Facebook Live will be overhauled as the coronavirus lockdown forces entertainment industries online. Facebook has announced sweeping changes to its Facebook Live platform, including plans to let artists charge for
ICANN Rules Against Private Equity Group Running Charity-haven .org
The agency that oversees internet addresses late Thursday rejected a controversial bid to let a private equity firm control the .org online neighborhood known as a haven for nonprofits. Ethos
Twitter Chief Executive Jack Dorsey Pedges $1 bn for COVID-19 Relief Effort
Twitter co-founder and chief executive Jack Dorsey said Tuesday he was committing $1 billion of his personal fortune to coronavirus relief through his philanthropic fund. Dorsey said in a series
Corona Extra Beer Producer Halts Brewing Over Virus
The Mexican brewer of Corona beer said Thursday it was suspending production because of the health emergency in the country over the COVID-19 pandemic. Grupo Modelo — whose brands also
China Slashes Rate, Injects $7 bn into Market to Counter Covid-19
China’s central bank on Monday cut an interest rate on loans to banks by the largest margin in five years and injected 50 billion yuan ($7 billion) into the financial
Imo IRS Warns Against Illegal Revenue Collection
Ikenna Orioha Imo State Internal Revenue Service (IIRS) formerly Board of Internal Revenue has warned against illegal revenue collection and touting in the State. The Parastatal warned those who indulge
Group Takes Investment Campaign to Imo …Woos Potential Investors
Victor Nwachukwu Pennywise Wealth Management, an investment management firm, has called on investors to take advantage of its investment opportunities in the State. The group’s Head of Communication in Imo
China to Grant Tariff Exemptions on Additional U.S Goods
China has said it will accept applications for new tariff exemptions for 696 products imported from the United States including key agricultural and energy products such as pork, beef, soybeans,
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means
Amb. Ogbuagu Commissions Nkwo Imo Market Project, Pays Off Traders Levies
Ikenna Orioha Amb. Uche Ogbuagu who represents Ikeduru State Constituency in the Imo State Legislature, on Saturday, 25th Day of January, 2020, commissioned Nkwo-Imo Market, at Obodo Amaimo Community. Commissioning
US, China Sign ‘Momentous’ Trade Deal
The United States and China signed a truce in their trade war on Wednesday after nearly two years of tensions, bringing relief to markets but largely leaving massive tariffs in
CBN Records N3.17tn Deposits from 11 Commercial Banks in 9 Months
The Central Bank of Nigeria has recorded N3.17tn deposits from 11 commercial banks in nine months between January and September 2019. This is according to Data obtained from the financial
Empire Energy Receives Medal for Youth Empowerment
Ikenna Orioha Medal of “Chief Employment of Labour, Imo State”, has been bestowed on Empire Energy, a business conglomerate based in Owerri, for employing people with reasonable salary. The Imo
Become Financially Free through IBEN Forex Trading
A renowned Forex trade business firm, IBEN FOREX INSTITUTE AND INVESTMENT (International Business Empowering Network) with Registration code Rc: 1606200 has perfected plans to shut out failures experienced in the
France Vows Retaliation After US Threatens Sanctions on Key Goods
France Tuesday warned the United States of strong EU retaliation if it imposed tariffs on key French products ranging from sparkling wine to cheese to handbags, in an intensifying row
Air Peace Request To Commence Flight Operations in South Africa Granted
The Ministry of Foreign Affairs wishes to inform that the South African Government has granted request for the Nigerian Designated Airline, Air Peace to commence commercial flights to Johannesburg, South
Facebook, London Police Teams Up To Track Terror Live Streams
Facebook on Tuesday teamed up with the London police to help its artificial intelligence tools track live streams of terror attacks such as the New Zealand mosque massacre. A self-professed
Oil prices soar more than 10% after Saudi plant attacks
Oil prices surged more than 10 percent Monday after attacks on two Saudi Arabian plants that slashed output in the world’s top producer by half, with Donald Trump blaming Iran
US ‘locked and loaded’ after Saudi attacks as oil prices surge
President Donald Trump said Sunday the US is “locked and loaded” to respond to attacks on Saudi oil infrastructure that Washington blamed on Iran, which have sent oil prices soaring.
Nigeria’s VAT Revenue Increases In 2019 Second Quarter
The Nigerian Government has generated the sum of N311.94 billion from Value Added Tax (VAT) in the second quarter of 2019. The National Bureau of Statistics (NBS) disclosed this in
Facebook To Cut Off Huawei In Compliance With US Sanctions
Facebook said Friday it would stop allowing pre-installation of its social networking apps on Huawei devices to comply with US sanctions against the Chinese technology giant. The social media giant
Ad Discrimination: Facebook Settles With Rights Group
The leading social network said housing, employment or credit ads will no longer be allowed to target by age, gender or zip code — a practice critics argued had led
Full statement of Diamond -Access merger Scheme
Ever since the public notice of the proposed take over/ merger of Diamond and Access, the citizenry has been in panic of what they stand to loose in ares of
