₦airaland Forum

The Nigerian National Petroleum Company (NNPC) Limited, the House of Representatives, and other ministries, departments, and agencies have all been asked to be sanctioned for failing to turn in their audited accounts.

The MPs looked into CBN, NNPC Limited, the Niger Delta Development Commission, and the Revenue Mobilization Allocation and Fiscal Commission and found that eight years’ worth of accounts—from 2014–2018 to 2019–2021—had not been rendered.

Report of the Committee on Public Accounts on the Deliberate and Reckless Refusal by Ministries, Departments and Agencies of Government to Render Audited Accounts for the Periods 2014-2018 and 2019-2021 to the Auditor-General for the Federation was published on Thursday, and it contained recommendations that were approved.

Full:https://technomymagazine.com/2022/12/09/house-of-reps-demands-the-arrest-of-top-accountants-at-cbn-nnpc-other/

The current withdrawal policy may be modified following evaluation, according to Central Bank of Nigeria (CBN) Governor Godwin Emefiele.

Emefiele stated on Thursday that although the financial regulator has no intention of suspending the policy, the central bank would not be strict in its adherence to it.

The timing, intent, and effects of the withdrawal strategy on Nigerians reportedly came under discussion in the House of Representatives, which asked that it be stopped.

Full: https://technomymagazine.com/2022/12/09/cbn-refuses-reps-call-to-suspend-the-new-cash-withdrawal-policy-receives-buharis-backing/

Of course, Mark Zuckerberg lives a simple life and does not buy expensive items except that he only owns a house worth $59 million; this is only one of the 10 properties he owns in the United States, and this is the situation for practically all the wealthy, beginning with Jeff Bezos and continuing with Larry Page and other wealthy people who own extremely nice homes, private jets, and very expensive automobiles, and saying that they live a simple life is simply one of the popular misconceptions.

The issue with many people is that they mistakenly believe that living a wealthy life entails owning Rolex watches, Lamborghini cars, and Gucci handbags. However, these interests only apply to the lower class of the wealthy, who feel the need to demonstrate their wealth to others; billionaires, on the other hand, have entirely different interests and spend their money on entirely different things. Naturally, there are occasional exceptions, like Ingvar Kamprad, the owner of IKEA, but this is only an oddity and cannot be generalized as a norm.

Read in full:https://technomymagazine.com/2022/12/09/why-do-wealthy-individuals-like-mark-zuckerberg-live-modest-lives-despite-having-access-to-practically-anything-they-desire/

According to the Nigerian Communications Commission (NCC), Airtel Nigeria is the only telecom provider prepared to submit a bid for the 3.5GHz spectrum license required for the deployment of 5G technology.

In preparation for the auction scheduled for December 19, the telco was the first to pay the $27.36 million intention to bid deposit.

Full: https://technomymagazine.com/2022/12/08/ncc-confirms-airtel-as-sole-bidder-for-new-5g-licence-as-auction-fails-to-attract-bidders/

Users can now register accounts on the well-known messenger Telegram without having to submit their cell phone numbers. The most recent upgrade to the app allows users to log in using blockchain-based numbers in addition to making cryptocurrency purchases on the Fragment platform.

A “New Era of Privacy” is promised by Telegram with accounts that do not require phone numbers.

Full: https://technomymagazine.com/2022/12/08/telegram-launches-blockchain-powered-numbers-for-no-sim-sign-ups/

Today, Tecno officially unveiled the Tecno Phantom X2 series as planned. Two versions, the Tecno Phantom X2 and Tecno Phantom X2 Pro, make up the lineup. These are the first genuine premium flagship smartphones from the company.

The two have almost identical specs. Only the cameras on the phones vary. Check out what they have to offer.

Tecno Phantom X2 Series Specifications

Full:https://technomymagazine.com/2022/12/07/retractable-camera-density-9000-chip-curved-display-and-more-features-of-the-tecno-phantom-x2-series/

Following the Central Bank of Nigeria’s (CBN) introduction of new cash withdrawal limitations via over-the-counter (OTC) and other channels, the value of the Naira decreased on Tuesday in the foreign exchange markets.

The CBN stated on Tuesday that it will cap individual cash withdrawals at N100,000 OTC and charge a 5% processing fee for sums over the cap. The cap for corporate organizations is N500,000, with an additional 10% fee for sums above the cap.

Full:https://technomymagazine.com/2022/12/07/naira-falls-as-cbn-sets-new-withdrawal-restrictions/

Chipper Cash, a cross-border payment firm with an emphasis on Africa, has let go of some of its staff only a year after it received $150 million.

Erin Fusaro, Chipper Cash’s Vice President of Engineering, verified the development in a LinkedIn post that Nairametrics came across. The layoffs have not been formally verified by the company.

Read More:https://technomymagazine.com/2022/12/06/employees-are-laid-off-by-ftx-backed-chipper-cash/

The Federal Government’s proposed education loan for domestic university students was rejected by the Academic Staff Union of Universities (ASUU).

The Students Loan Bill, proposed by Femi Gbajabiamila, Speaker of the House of Representatives, was approved by the National Assembly in November.

Full:https://technomymagazine.com/2022/12/06/ASUU-demands-that-the-nigerian-government-uphold-agreements-and-rejects-the-proposed-education-loan/

Following a raid on the firm’s offices by representatives of the lenders, Med-View Airline has accused First Bank of violating a court order about an alleged N4 billion debt owed by the airline company.

The bank representatives and police officers allegedly broke into Med-View Airline’s properties in Ikeja and Lekki on Monday, telling the airline that they were carrying out a court order that First Bank had received.

Full:https://technomymagazine.com/2022/12/06/first-bank-floods-med-view-airline-and-seizes-the-premises-due-to-an-n4-billion-debt/

The Amazon co-founder with a net worth of $115 billion, the fourth richest man in the world, Jeff Bezos has donated $123 million to organisations to move homeless people to permanent residences.

The donations to 40 groups in 26 US states and Puerto Rico, ranging from $600,000 to $5 million are the latest and largest awards from Bezos’ Day One Fund, which was founded in 2018.

Full: https://technomymagazine.com/2022/11/30/jeff-bezos-gives-123-million-to-combat-homelessness-in-us/

The National Association of Nigerian Students (NANS), South-West Zone, on Tuesday condemned the increase in fuel prices in the region.

Fuel queues have resurfaced in Lagos and other parts of the country with many filling stations selling products above the approved pump price.


Full Details:https://technomymagazine.com/2022/11/30/nans-threatens-to-shut-down-filling-stations-over-increase-in-fuel-price/

The Nigerian Communications Commission (NCC) said it has arrested three representatives of companies selling what they call ‘fake and non-type-approved phones’ in Kano.

Full details: https://technomymagazine.com/2022/11/30/ncc-arrests-sellers-of-fake-phones-in-kano/

Chinese security forces detained people in anticipation to prevent a planned protest on Monday as authorities worked to stamp out widening dissent seeking political freedoms and an end to Covid lockdowns.

Read More: https://technomymagazine.com/2022/11/28/china-govt-moves-to-constrain-nationwide-protests/

US authorities announced a ban on Friday on the import or sale of communications equipment considered “an unacceptable risk to national security”, including gear from Chinese giants Huawei Technologies and ZTE.

Read More: https://technomymagazine.com/2022/11/28/us-bans-chinas-huawei-and-zte-over-security-risk/

The UK government departments were ordered on Thursday to stop installing Chinese-made surveillance cameras at “sensitive sites”.

The action comes with the government moving more forcefully against China and its companies on security grounds.

Read More:https://technomymagazine.com/2022/11/25/uk-clamps-down-on-chinese-surveillance-cameras/

Nurses across most of Britain will next month hold the first strikes in their union’s 106-year history, joining a host of other UK workers taking industrial action over pay.

Read More:https://technomymagazine.com/2022/11/25/nurses-join-other-striking-uk-staff-on-december-walk-out/

The National Agency for the Control of AIDS (NACA), says data available to it shows that there has been a drastic decline in the infection rate of HIV/AIDS in Nigeria.

This was disclosed on Thursday by Gambo Aliyu, The Director-General of NACA during a press conference in Abuja ahead of the 2022 World AIDS Day (WAD), said new HIV infections gradually declined from 103,404 in 2019 to 92,323 in 2021, giving the indication that Nigeria will meet the United Nations’ target of ending HIV/AIDS by 2030.

Read More:https://technomymagazine.com/2022/11/25/nigerias-hiv-aids-infection-rate-has-dropped-drastically-naca/

Media trends that the Labour Party’s campaign plane was grounded have been denied by the federal government.

Labour Party presidential candidate Peter Obi’s supporters and a few party leaders were denied access to the aircraft carrying them to their rally in Ibadan, the capital of Oyo State as earlier reported.

Read More: https://technomymagazine.com/2022/11/24/ncaa-denies-grounding-obidient-aircraft-in-lagos/

The federal government has expressed concern over the rising wave of Nigerian health workers fleeing the Nigerian health system to work abroad.

Read More: https://technomymagazine.com/2022/11/24/fg-worried-about-increasing-brain-drain-as-more-doctors-leave/

Bandits have abducted four people in the Kolo village of Gusau Local Government Area in Zamfara State and refused to collect old naira notes as ransom.

Channels Television gathered that the bandits earlier demanded N10m as ransom but after the negotiation, they agreed to collect N5m.

Read In Full: https://technomymagazine.com/2022/11/24/bandits-abduct-four-persons-in-zamfara-demand-new-naira-notes-as-ransom/

Bill Gates, the fifth-richest person in the world and co-founder of Microsoft, typically releases favourite book lists seasonally and annually.

Read More:https://technomymagazine.com/2022/11/22/bill-gates-just-released-some-of-his-top-five-favorite-books-of-all-time/

The largest island in Indonesia, Java, was stunned by an earthquake that eradicated dozens of structures and killed at least 17 people, with fears that the death toll may rise sharply.

Read More:https://technomymagazine.com/2022/11/22/5-6-magnitude-earthquake-struck-indonesia/

From January to September 2022, computers in the industrial control systems (ICS) environment were attacked using multiple means in Nigeria and other parts of Africa, including the Middle East and Turkey (META).

Read More:https://technomymagazine.com/2022/11/22/over-38-per-cent-of-computers-suffer-attack-in-nigeria-kaspersky/

Cadbury Nigeria Plc has announced the introduction of a new product, Cadbury Bournvita Biscuit, into the Nigerian market.

Read More:https://technomymagazine.com/2022/11/21/cadbury-introduces-new-product-bournvita-biscuit/

FIFA President, Gianni Infantino has said that Europe and the rest of the Western world have no right to give moral lessons.

Read More: https://technomymagazine.com/2022/11/21/europe-has-no-right-to-give-moral-lessons-fifa-boss-infantino/

The Central Bank of Nigeria (CBN) has mandated commercial banks in the country to be open for business on Saturdays until January 31, 2023, to allow bank customers to exchange old naira notes for new ones.

Read More: https://technomymagazine.com/2022/11/18/cbn-to-banks-work-on-saturdays-until-january-2023/

Zenith Bank is set to host the second edition of its tech fair with a particular focus on technology innovations such as artificial intelligence, cloud computing, machine learning, blockchain, robotics, big data, fintech, augmented reality, data analytics, 5G, and communications technologies, among others.

ReadMore:https://technomymagazine.com/2022/11/18/zenith-tech-fair-to-showcase-inventions-in-ai-others/

The Rice Farmers Association of Nigeria and Tiamin Rice Company have signed a memorandum of agreement for the processing and sale of rice domestically and abroad.

Read More: https://technomymagazine.com/2022/11/17/nigeria-to-begin-export-of-rice-to-egypt-despite-claims-of-food-shortages/

The Rivers State Governor, Nyesom Wike May have finally made up his mind not to support Abubakar Atiku, the presidential candidate of his party, the Peoples Democratic Party (PDP) in the 2023 general elections.

Read More: https://technomymagazine.com/2022/11/17/wike-finally-pledges-support-for-peter-obis-campaign/

The National Bureau of Statistics (NBS) has disclosed that 63% of persons living in Nigeria (estimated at 133 million people) are multidimensionally poor.

The NBS stated in its most recent National Multidimensional Poverty Index Report (MPI), released on Thursday, stating that 63% of Nigerians live in poverty as a result of insufficient access to health, education, and living standards, as well as unemployment and shocks.

Read More: https://technomymagazine.com/2022/11/17/nbs-says-133-million-nigerians-are-multidimensionally-poor/

On Tuesday, Former President Donald Trump declared he will scale a third run for the White House.

Addressing a crowd at his Mar-a-Lago estate, he said, “In order to make America great and glorious again, I am tonight announcing my candidacy for president of the United States.”

Read More: https://technomymagazine.com/2022/11/16/us-2024-donald-trump-declares-for-presidency/