Browsing: Business

NCC warns against charging phones in trains, restaurants and other public places

The Nigerian Communications Commission (NCC) has warned Nigerians about a newly discovered cyberattacks on Android devices in public places. The commission, through its Cyber Security Incident Response Team (CSIRT), identified vulnerabilities that hackers use in gaining unauthorised access into smartphones at public charging stations. The first is described as Juice Jacking, which can gain access into…

Nigeria’s inflation rate may be among world’s highest in 2022 – World Bank

The World Bank has said Nigeria may have one of the highest inflation rates in the world in 2022. Following increasing prices diminishing the welfare of Nigerian households, the international finance institution projected that the West African country might have one of the highest inflation rates globally and the seventh highest among Sub-Saharan African countries in…

N69.4bn Debt: Jimoh Ibrahim loses bid to recover assets and bank accounts

Chairman of Global Fleet Group, Jimoh Ibrahim has lost an appeal challenging seizure of his 12 assets and freezing of all his accounts by the Asset Management Corporation of Nigeria (AMCON). Prior to the recent ruling, Justice Rilwan Aikawa of the Federal High Court, Lagos had issued an order authorizing AMCON to take over Ibrahim’s assets over an alleged N69.4billion…

1 11 12 13 14 15 22