Music streaming giant Spotify was on Tuesday fined 58 million kronor ($5.4 million) for not properly informing users on how data is collected on them was being used, Swedish authorities said.
Spotify said it planned to appeal the decision.
The Swedish Authority for Privacy Protection (IMY) said it had reviewed “how Spotify handles customers’ right of access to their personal…
The Federal Government is set to make about N124.26bn in a year from the imposition of a 0.5 per cent import tax on goods introduced in Finance Bill 2023.
The Finance Bill 2023 which was signed into law on 28 May 2023 by former President, Mohammadu Buhari imposed a 0.5 per…
Barring all unforeseen circumstances, Dangote imported fuel will soon enter Nigerian market as the Nigerian National Petroleum Company Limited (NNPCL ) has granted the Chairman of Dangote Group and President, Dangote Refinery and Petrochemical Company, Alhaji Aliko Dangote…
The Nigerian stock market rose to its highest level since July 2008 on Tuesday, the first day of trading after the suspension of the Central Bank Governor, Godwin Emefiele.
According to a report by Bloomberg, investors are betting on a currency devaluation and sent the main index of the Nigerian Exchange to above 57,437 points, which contrasted with a flat performance for MSCI’s main…
The Nigerian Capital Development Fund Group Plc has expressed interest in listing on the Nigerian Exchange Limited.
This was revealed in a letter titled ‘Re: Expression of Interest to List on the Nigerian Exchange Limited’, signed by the Branch Manager, Ibadan Office of…
The Nigerian National Petroleum Company Limited has issued a fresh circular to oil marketers on how much they will pay to get petroleum products.
This came about two weeks after the Federal Government announced the removal of fuel subsidy.
NNPCL Retail, in a circular…
Analysts are considering how soon a devaluation may happen and how deep it will be, following the removal late Friday of a policy chief whose unorthodox policies included propping up the naira and banning access to foreign exchange for imports. The currency steadied Monday at 471.80 per dollar, having fallen for three weeks to hit a record low.
Bloomberg reported on Monday that speculation over a…
The Head of Media Relations Management, Nigeria Communications Commission, Dr Omoniyi Ibietan, has announced the release of his book on cyber politics.
According to a statement, the book titled, ‘Cyber Politics: Social Media, Social Demography and Voting Behaviour in…
The Nigerian Indigenous Shipowners Association of Nigeria on Monday stated that its members had started applying for the $700m Cabotage Vessels Financing Fund.
The Chairman Advisory Committee of NISA on CVFF, Dr Edward Sowho, told our correspondent during a telephone chat in…
Polaris Bank says it has adopted a customer-centric approach as part of its restructuring in order to boost future success.
The lender also said it was concluding plans to inject tier-ii capital in order to enhance the growth of its assets
This was stated by the bank’s Managing Director/ Chief Executive Officer, Adekunle Sonola, in an interview with Proshare, where he shed light on the financial…