Economy

Oct
05
2022
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By Abia ThinkTank
News Update: FG Sues Meta(Owners Of Facebook, Instagram and WhatsApp Platforms)

News Update: FG Sues Meta(Owners Of Facebook, Instagram and WhatsApp Platforms)

Economy
FG sues Meta, seeks N30bn penalty The Advertising Regulatory Council of Nigeria says it has lodged a suit against Meta Platforms Incorporated (owners of Facebook, Instagram and WhatsApp platforms) and its agent AT3 Resources Limited at the Federal High Court, Abuja Judicial Division. According to a statement on Tuesday by the apex regulatory body for Nigeria’s advertising ecosystem, ARCON is seeking a declaration among others that the continued publication and exposure of various advertisements directed at the Nigerian market through Facebook and Instagram platforms by Meta Platforms Incorporated without ensuring the same is vetted and approved before exposure is illegal,…
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Jun
26
2022
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By Abia ThinkTank
How to bounce back from a setback – Pst. Francine Sam-Anya

How to bounce back from a setback – Pst. Francine Sam-Anya

Economy
*NHIMANA INTERNATIONAL * “How To Bounce Back From A Setback 2nd Edition” Featuring…… Past. Francine Sam-Anya & More. Live Worship/ Fashion Show/ Skin & Beauty Experts/ Give Aways. Date: 2nd of July 2022. Time: 11:30Am. Location: Le Meridian Ogeyi Place, PH River’s State. We will be streaming live on Facebook at Francine Abigael Ministries ( Facebook Page) and instagram.
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Apr
29
2022
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By admin
We are buying Twitter from Elon musk – Cubana Chief Priest

We are buying Twitter from Elon musk – Cubana Chief Priest

Economy, Metro, , , , , ,
Less than 48 hours after taking over Twitter, Business mogul, Elon Musk is set to be put to the test, as celebrity barman, Cubana Chief priest, claims that him and some other billionaires from the Eastern part of Nigeria, are preparing a bid to buy Twitter from the world's richest man. "We are making progress on submitting our offer to acquire Twitter from Elon Musk, with $70B. Billionaires from the East comprising myself, Obi and E-Money and the rest, we are coming.." Cubana Chief priest tweeted. Early this year, business magnate Elon Musk proposed to buy out Twitter, Inc., for…
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Apr
25
2022
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By admin
Billionaire Elon Musk reaches agreement to buy Twitter for $44bn

Billionaire Elon Musk reaches agreement to buy Twitter for $44bn

Economy, , , ,
Billionaire, Elon Musk, has reached an agreement to buy Twitter for approximately $44 billion, the company has confirmed. Musk acquired the company at $54.20 a share, the same price named in his initial offer on April 14. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement included with the release. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots,…
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Apr
08
2022
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2022 budget deficit jumps to N7.35tn, Buhari to borrow N965bn

2022 budget deficit jumps to N7.35tn, Buhari to borrow N965bn

Economy, Metro, Politics, , , , ,
• President writes Reps, seeks amendment to 2022 Fiscal Framework The President, Major General Muhammadu Buhari (retd.), has written a letter to the House of Representatives, informing the parliament that the deficit in the 2022 Appropriation Act has risen by N965.42bn to N7.35tn. Consequently, the President said the Federal Government would borrow funds to fill the gap. Buhari, therefore, called for an amendment to the Federal Government’s budget and the fiscal framework for 2022.https://imasdk.googleapis.com/js/core/bridge3.509.0_en.html#goog_877067980 Speaker of the House, Femi Gbajabiamila, read out the cover letter on the executive bill, titled, ‘Submission of the Revised 2022 Fiscal Framework’, and dated April…
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Apr
08
2022
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Nigeria, others at high risk of debt distress, IMF warns

Nigeria, others at high risk of debt distress, IMF warns

Economy, Politics, , , ,
Nigeria and 72 other countries are at high risk of debt distress or already in debt distress, according to a new report by the International Monetary Fund, IMF The report, titled “Restructuring debt of poorer nations requires more efficient coordination,” noted that low-income countries face fewer debt challenges today than they did 25 years ago, thanks in particular to the Heavily Indebted Poor Countries initiative, which slashed unmanageable debt burdens across sub-Saharan Africa and other regions. The report noted that although debt ratios were lower than in the mid-1990s, the debts have been creeping up for the past decade and…
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Apr
04
2022
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Buhari best Nigerian president since 1914 amalgamation – Gov Masari

Buhari best Nigerian president since 1914 amalgamation – Gov Masari

Economy, Politics, , , , ,
Governor Aminu Masari of Katsina State has described President Muhammadu Buhari as the best Nigerian president since the 1914 amalgamation. According to Masari: “Since the amalgamation of Nigeria in 1914, the country has never had a better government and President like Muhammad Buhari.” He spoke in Katsina at a rally organized by the beneficiaries of the Federal government’s Social Investment Programme (NSIP), NAN reports. Masari said Buhari has laid a foundation that would aid the next administration to get Nigerians out of poverty. “With this initiative which no administration has ever thought of, the President needs more commendation and support…
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Apr
04
2022
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Buhari govt overwhelmed by insecurity – Obasanjo

Buhari govt overwhelmed by insecurity – Obasanjo

Economy, Metro, Politics, , , , , , ,
Former President, Olusegun Obasanjo says the government of President Muhammadu Buhari has been overwhelmed by insecurity. Obasanjo was reacting to the recent Kaduna train attack wherein eight persons were reported dead and many sustained injuries. He spoke while he played host to a People’s Democratic Party (PDP) presidential aspirant, Dr. Ugochukwu Williams, at his Penthouse residence within the premises of the Olusegun Obasanjo Presidential Library (OOPL), Abeokuta, Ogun State. According to Obasanjo, Nigerians traveling are no longer safe on the road, on trains, and at the airport. He called for concerted efforts to stem the tide of insecurity in Nigeria,…
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Apr
02
2022
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2023: I’ll make 20m Nigerians millionaires by 2030 if elected – Yahaya Bello

2023: I’ll make 20m Nigerians millionaires by 2030 if elected – Yahaya Bello

Economy, Politics, , , , , ,
Governor Yahaya Bello of Kogi State, on Saturday, promised to make 20 million Nigerians millionaires, if elected President in 2023. Bello disclosed this while declaring his intentions to run for the Presidency in 2023. The governor had declared his intentions to run for the Presidency at the Eagles Square in Abuja. He promised to build on the legacy of President Muhammadu Buhari by creating 20 millionaires in the country by 2030. Bello disclosed that each of the 20 millionaires would empower five other Nigerians. The Presidential aspirant recalled how reports claimed that over 100 million Nigerians lived in extreme poverty…
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