Italy’s competition authority said Monday it had fined Apple 10 million euros ($12 million) for misleading claims about the water resistant properties of various iPhone models. It said the US tech giant “did not make it clear that this feature exists under certain specific conditions”, notably in laboratory tests with static and pure water, “and...
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Minister of finance: FG saves N45bn monthly through TSA.
Nigeria on Tuesday signed a Memorandum of Understanding with The Gambia to avail the foreign nation Nigeria’s vast knowledge, experience and technical expertise on the implementation of the Treasury Single Account. Minister of Finance, Budget and National Planning, Zainab Ahmed, who signed on behalf of Nigeria in Abuja, said the MoU was based on the...
FG lifts ban on Lufthansa, Air France.
Lufthansa, Air France/KLM have been given the approval to operate international flights into Nigeria. Minister of Aviation, Hadi Sirika, made the disclosure in a tweet on Tuesday. Sirika also added that Qatar Airways has been granted approval to resume flights to Abuja. The Minister hinted at the possibility of the Mallam Aminu Kano International Airport,...
Naira reachs to 475 as Dollar demand rises.
trading at 475 to the United States dollar in the parallel market amid a rise in demand for the greenback. The local currency, which has come under pressure in recent days, fell to 470 per dollar on Friday from 468 on Thursday. The naira was trading at 462-463 at the unofficial market at the start...