Objective Nigerian Stories…
Nigeria will lose N2.18 billion per day for blocking the operations of Twitter, a micro-blogging and social networking platform, in the country, an estimation by NetBlocks has shown. NetBlocks, a data-driven online service, estimated the economic cost of internet disruptions on its cost of shutdown tool (COST) platform. The platform, built on Brookings Institution and […]
#Twitterban – The ban on Twitter by the Muhammadu Buhari administration is a clampdown on freedom of expression and further shrinks Nigeria’s civic space, activists and opposition political parties have said. PREMIUM TIMES reported how the Nigerian government announced on Friday that it was suspending the activities of the social media giant in Nigeria. The […]
Facebook has joined Twitter in banning President Buhari’s controversial civil war statement. Earlier today, June 4, the Federal Government announced that Twitter has been suspended in Nigeria. This comes days after Twitter deleted the president’s controversial statement and the video where he made the statement. The banned statement made by Buhari reads: “Many of those misbehaving today […]
UK businesses – At an interactive session with Niyi Adebayo, minister of industry, trade and Investment, and Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), the UK business team said they need forex to pay their lenders and maintain their machines. Some of the companies present at the interactive session included GlaxoSmithKline, Savanna […]
FG suspends Twitter – The federal government has announced the suspension of the operations of Twitter, the microblogging and social networking service, in Nigeria. Lai Mohammed, minister of information, announced the “indefinite” suspension in a statement issued on Friday by Segun Adeyemi, his spokesman. According to the statement, the minister cited “the persistent use of […]
China – The debris from a Chinese rocket could hit Abuja this weekend. Experts say a piece of a rocket launched by China in late April is expected to re-enter the earth’s atmosphere between late Saturday and early Sunday, according to the American news platform, NBC. “It’s 10-stories tall and twice as heavy as a […]
Lagos – The Lagos State Government says it has begun payment of compensations to the 16 traditional land-owning families
CBN – The Central Bank of Nigeria (CBN) has granted operating licences to 10 additional international money transfer operators (IMTOs) as part of efforts to boost diaspora remittances. With the new licences issued, the total number of IMTOs operating in the country now stands at 57.In an updated post on its website yesterday, CBN listed […]
Online Payment – The Central Bank of Nigeria (CBN)the Bank in exercise of its powers under the CBN Act, 2007, hereby issues the Regulation on Electronic Payments and Collections for Public and Private Sectors in Nigeria (the Regulation).The Regulation is a revision of the Guidelines on Electronic Payment of Salaries, Pensions, Suppliers and Taxes in […]
Corruption – Minister of Information and Culture, Lai Mohammed has said that Nigeria’s current poor corruption rating by Transparency International is as a result of inadequate data. Addressing journalists on Wednesday on TI’s January 2021 report in which Nigeria scored 25 out of 100 points (the country’s worst rating since 2015), the Minister stated that they found few […]