There have been series of reports and allegations that Alpha Beta was secretly owned by a former Governor of Lagos State, Asiwaju Bola Ahmed Tinubu, he has neither commented on the allegations officially.
GLOBAL
Tyson Foods recalls 69,000 pounds of chicken
Industrial-scale foods production giant, Tyson Foods said it is recalling about 69,000 pounds of contaminated food. According to a report by Associated Press, the Arkansas-based Tyson Foods is recalling more than 69,000 pounds (31,297 kilograms) of frozen, ready-to-eat chicken strips because they may be contaminated with pieces of metal. The […]
Swedbank CEO to carry-on despite money laundering review
Sweden’s largest lender and the largest lender in the Baltic region, Swedbank said its CEO will continue in office despite a money laundering review at the bank. Swedbank said in statement that “After reviewing the FRA Update, the Board confirms its continued confidence in the CEO and her ability to […]
Breaking: Uber to file IPO on the NYSE
Latest news from Bloomberg says ride-hailing giant, Uber is looking at launching an initial public offering, IPO, on the New York Stock Exchange, NYSE. It would be recalled that Lyft, Uber’s major competitor had in the last quarter of last year filed for an IPO on the NASDAQ, the most […]
TECH
Breaking: Uber to file IPO on the NYSE
Latest news from Bloomberg says ride-hailing giant, Uber is looking at launching an initial public offering, IPO, on the New York Stock Exchange, NYSE. It would be recalled that Lyft, Uber’s major competitor had in the last quarter of last year filed for an IPO on the NASDAQ, the most […]
Facebook server mistakenly exposed user passwords
Social networking giant, Facebook Inc., has issued an alert that it discovered several passwords of its users were exposed. Facebook said in a statement that found that some user passwords were being stored in a readable format within our internal data storage systems. This caught our attention because our login […]
Facebook says AI software failed to flag New Zealand terror videos
Social networking giant, Facebook Inc., has admitted in a statement that its artificial intelligence software did not flag the New Zealand terror attack. Last week, a terror suspect killed about 49 people in a deadly shooting that targeted Mosques in New Zealand’s city of Christchurch. However, the world was shocked […]
STARTUPS
Marek Zmyslowski fires back at estranged Nigerian ‘Godfather’ investors
After receiving salvos and several allegations of fraud, money laundering and unethical practices from his estranged ‘Godfather’ investors, Marek Zmyslowski, has replied his critics. In a new medium post to refuted all the allegations thrown at him in this Medium post. Marke has now provided his alleged evidence to prove his […]
Untold story of Marek Zmyslowski’s alleged theft, money laundering at HotelOga
It seems there is now a balance to the diatribe launched by Marek Zmyslowski, against his shareholders/investors at HotelOga. Last week, Marek Zmyslowski, a former executive at Jumia’s hotel booking site came out to drag Nigerians, Nigerian and his estranged investors in HotelOga. In his medium article, Marek Zmyslowski described […]
BRIEF: Digital savings app, Piggybank rebrands to PiggyVest
Digital savings and investment app, Piggybank said it has rebranded to PiggyVest. The company said it changed the name to reflect its new direction to offer more products including insurance services. It would be recalled that PiggyVest raised $1.1 million last year to acquire new license and growth into new […]
Meet Lara, The Chat Bot For Getting Around Town
Have you ever gotten lost in a new city or even worse in the city you live while trying to locate a new place? What survival mechanics did you use; ask a stranger, call a friend or ask Google? Pretty certain, whichever tactic you used, the experience wasn’t fun. Next […]
Other News
PonkiHosting brings affordable hosting for startups
Hosting and setting up your website should not cost you an arm and a leg, what PonkiHosting guarantees you is affordable rates, quality service and everything you want from you web administrator. 99.9% Uptime Guarantee: You get 99.9% Server uptime assured on all our hosting plans and VPS. You have no […]
Tyson Foods recalls 69,000 pounds of chicken
Industrial-scale foods production giant, Tyson Foods said it is recalling about 69,000 pounds of contaminated food. According to a report by Associated Press, the Arkansas-based Tyson Foods is recalling more than 69,000 pounds (31,297 kilograms) of frozen, ready-to-eat chicken strips because they may be contaminated with pieces of metal. The […]
Swedbank CEO to carry-on despite money laundering review
Sweden’s largest lender and the largest lender in the Baltic region, Swedbank said its CEO will continue in office despite a money laundering review at the bank. Swedbank said in statement that “After reviewing the FRA Update, the Board confirms its continued confidence in the CEO and her ability to […]
Breaking: Uber to file IPO on the NYSE
Latest news from Bloomberg says ride-hailing giant, Uber is looking at launching an initial public offering, IPO, on the New York Stock Exchange, NYSE. It would be recalled that Lyft, Uber’s major competitor had in the last quarter of last year filed for an IPO on the NASDAQ, the most […]
Italy’s Maire Tecnimont begins revamp of Nigerian refinery
The Nigerian National Petroleum Corporation (NNPC), said Milan Based Maire Tecnimont S.p.A has started the rehabilitation of its of 210,000bpd refinery in Port Harcourt. The refinery which is located in the Niger Delta region is one of the four moribund refineries of the government-owned petroleum refineries. The NNPC said in […]
Facebook server mistakenly exposed user passwords
Social networking giant, Facebook Inc., has issued an alert that it discovered several passwords of its users were exposed. Facebook said in a statement that found that some user passwords were being stored in a readable format within our internal data storage systems. This caught our attention because our login […]
Breaking: Airtel opens discussions to list on NSE
Bharti Airtel’s local unit in Nigeria, Airtel Nigeria is said to have opened discussions on the possibilities of listing on the Nigerian Stock Exchange, NSE. People with the knowledge of the matter said the listing could be by introduction instead of an initial public offering, IPO. If the news is […]
Facebook says AI software failed to flag New Zealand terror videos
Social networking giant, Facebook Inc., has admitted in a statement that its artificial intelligence software did not flag the New Zealand terror attack. Last week, a terror suspect killed about 49 people in a deadly shooting that targeted Mosques in New Zealand’s city of Christchurch. However, the world was shocked […]
VTB Capital, Gazprombank to lead Russia Eurobond sale
Latest information from Russia’s Finance Ministry indicated that it has selected lenders VTB Capital plc, a unit of VTB, and Gazprombank to advise on its Eurobond sale. According to the update, both investment banks will organise its international 2019 Eurobond issue, the ministry said in a statement earlier today. No […]
Boeing adds to its ranks to boost global ‘partnerships’
American commercial and military aviation giant, Boeing said it has made new appointments aimed at further strengthening the company’s global presence and partnerships: Boeing said in a statement that it appointed Marc Allen named the senior vice president of Boeing and president of Embraer Partnership and Group Operations. The company […]
BRIEF: EU Competition regulator fines Google $1.8 billion
According to report from the Associated Press, AP, EU regulators has fine Google $1.68 billion for abusing its dominance in online advertising. This is not the first time the EU competition regulators will be fining Google. Over the years, Google has been fined over $4 billion mostly for favouring its […]