business news
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Business Fin24.com | Elon Musk fined $20m, loses Tesla chair in fraud settlement – News24 News
Elon Musk will give up the role of Tesla chairperson and pay a $20m penalty to settle fraud charges … Read more via News24 News – https://ift.tt/2Qjmv1l Get more: Nigeria Business News- curator
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Business Facebook Says Security Flaw Affected 50 Million Accounts – Channels Television
Facebook on Friday disclosed a security flaw which could have allowed 50 million accounts to be taken over by hackers. The large social network said it learned this week of the attack that allowed hackers to steal “access tokens,” the equivalent of digital keys that enable them to access...- curator
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Business Jack Ma Is Retiring. Is China’s Economy Losing Steam? – The New York Times
Mr. Huang teaches international management at M.I.T. Jack Ma at the World Economic Forum meeting in Tianjin, China, this month.... Read more via The New York Times – https://ift.tt/2InDOM7 Get more: Nigeria Business News- curator
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Business Elon Musk charged with fraud – Autoexpress
Elon Musk, the chief executive and co-founder of Tesla, has been charged with securities fraud and could lose control of his company as a result. The allegations come as the American Securities and Exchange Commission (SEC) alleges tweets by... Read more via Autoexpress –...- curator
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Business A Taiwanese hacker says he’s going to delete Mark Zuckerberg’s Facebook account on Sunday and livestream the whole event – Business Insider
A Taiwanese hacker announced to his 26,000 Facebook followers on Wednesday that he's going to delete Mark Zuckerberg's account — and people will be able to tune in live as he does it.... Read more via Business Insider – https://ift.tt/2OhNtZY Get more: Nigeria Business News- curator
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Business Nigerian traders in Ghana cry for help – TODAY.NG
Many Nigerians are familiar with the notorious statement, “Ghana must go”. But it seems the reverse is the case now given the consistent cry by some Nigerians living in Ghana over the treatment being meted out on them by some citizens of the host country..... Read more via TODAY.NG –...- curator
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Politics Uber to cough up $148 million for hiding a data breach in 2016 – The Next Web
Uber to cough up $148 million for hiding a data breach in 2016 Uber will have to cough up a sum of $148 million in fines for the data breach it suffered in 2016, which affected 600,000 drivers in the US, and 57 million customers across the … Read more via The Next Web – https://ift.tt/2xG5Uy4...- curator
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Business Facebook Group Leaders From Africa to Receive up to $50,000 Each to Build their Online Communities – TechMoran News
Facebook.com has announced the names of 116 people worldwide who have been selected to join the … Read more via TechMoran News – https://ift.tt/2ztNFNr Get more: Nigeria Business News- curator
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Business Oil above $80 lifts stocks, offsets trade and bond market chill – Reuters
European shares rose and Wall Street was set for a stronger open on Tuesday, as … Read more via Reuters – https://ift.tt/2OWt9dy Get more: Nigeria Business News- curator
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Business Instagram founders resign to explore “curiosity and creativity again” – BellaNaija
The co-founders of Instagram Kevi Systrom and Mike Krieger have announced that they are leaving the company they sold to Facebook for $1bn six years ago.... Read more via BellaNaija – https://ift.tt/2DrEpO7 Get more: Nigeria Business News- curator
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Business Fashion Giant, Versace ‘To Be Sold Shortly’ – Channels Television
Italian fashion giant Versace is about to be sold, the country’s biggest-selling newspaper said Monday, citing anonymous sources who suggested the deal could come in the next few hours. Donatella Versace, the brand’s artistic director and vice-president of the group, has called a staff meeting...- curator
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Business Is it time to invest in Bitcoin? – Sanlam
In our recently published report, ‘The Generation Game’, we made an interesting discovery. Our research found that 11% of under-45s said investing in cryptocurrency had.... Read more via Sanlam – https://ift.tt/2PUJAaG Get more: Nigeria Business News- curator
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Business MTN shares rise after Nigeria says reviewing information to resolve $8.1 bln dispute – Reuters News
Shares in South Africa’s MTN rose 5 percent on Thursday, after Nigeria’s central bank said on Wednesday that it was reviewing information provided by the telecoms firm and four banks over a dispute on the repatriation of dividends.... Read more via Reuters News – https://ift.tt/2xC2agb Get...- curator
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Business CBN: Banks To Pay N10,000 Fine For Each Failed Transaction Not Reversed Within 24 Hours – Sahara Reporters
The Central Bank of Nigeria (CBN) has directed banks to pay N10,000 for each failed transaction based on … Read more via Sahara Reporters – https://ift.tt/2Nkoiq3 Get more: Nigeria Business News- curator
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Business Galaxy Note 9 battery overheats, smokes out, now subject of lawsuit – Pocketnow
A New York woman has launched a lawsuit against Samsung after her Galaxy Note 9 “became extremely hot” and began emitting thick smoke. The issue, which the company says is the.... Read more via Pocketnow – https://ift.tt/2xwkmYH Get more: Nigeria Business News- curator
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Business Uber Turns Five, Expresses Fulfillment as Business – Thisdaylive Newspaper
Ride hailing firm, Uber has said that it is proud of its achievements in its five years of operations in Africa. The company, which clocked five recently, stated that it had since amassed 1.3 million riders.... Read more via Thisdaylive Newspaper – https://ift.tt/2D0mnlC Get more: Nigeria...- curator
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Business Ethiopian Airlines is founding new African flag carriers – The Economist
IN 1989 The Economist praised Ethiopian Airlines’ “unqualified success”, despite operating in a “disastrous economy” suffering from civil war, famine and Marxist inefficiency. Since then the airline has grown its yearly passenger numbers by... Read more via The Economist –...- curator
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Business MTN goes to court against CBN, AG over fine – BusinessDay News
MTN Nigeria Communications Limited (MTN Nigeria) which continues to categorically and unequivocally deny all charges related to the Central Bank of Nigeria (CBN) and Attorney General of the Federation (AGF) investigations into the company’s CCIs and unpaid taxes respectively has.... Read more...- curator
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Business Alibaba’s Zhang prepares to step from Jack Ma’s shadow – The Guardian Nigeria Newspaper
Both in personality and skillset, Alibaba’s Daniel Zhang will herald a new era for the Chinese e-commerce giant when he takes over full leadership from charismatic founder Jack Ma. Ma announced Monday that in exactly one.. Read more via The Guardian Nigeria Newspaper – https://ift.tt/2CBCYME...- curator
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Business Oil climbs towards $80 as U.S. drilling stalls, Washington sanctions against Iran loom – Vanguard Newspaper
Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November.... Read more via Vanguard Newspaper – https://ift.tt/2NxCcEC Get more: Nigeria Business News- curator
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