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Canada’s biggest banks join boycott of Facebook platforms

Canada’s biggest banks join boycott of Facebook platforms Canada’s biggest lenders confirmed on Friday they had joined a widespread boycott of Facebook Inc. begun by U.S. civil rights groups.The boycott is seeking to pressure the world’s largest social media platform to take concrete steps to block hate speech. More than 400 brands have pulled advertising on Facebook in response to the “Stop Hate for Profit” campaign, begun after the death of George Floyd, a Black man who died in police custody in Minneapolis on May 25. Canadian lenders Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, National Bank of Canada and Canadian Imperial Bank of Commerce all said they will pause advertising on Facebook platforms in July. Desjardins Group,

Lockdown: e-learning for students boosts sales of cell phones

Lockdown: e-learning for students boosts sales of cell phones The free e-learning portals for all students in primary and secondary schools following the closure of schools nationwide has boost the sales of cellphone in Abuja. Cellphone By Hawa Lawal The free e-learning portals for all students in primary and secondary schools following the closure of schools nationwide to prevent the spread of COVID-19 pandemic is a boost for cellular phone sellers in Abuja, the News Agency of Nigeria (NAN) survey reveals. At the launching of the portals — schoolgate.ng and mobileclassroom.com.ng. in Abuja — Minister of State for Education Chukwuemeka Nwajiuba, said that all students in Nigeria had been granted free-access to e-learning. The platforms are subscription-free for Nigerian students in primary and secondary levels during

Why NASS directs DisCos to suspend increase in electricity tariff

Why NASS directs DisCos to suspend increase in electricity tariff The Sen. Gabriel Suswan says the National Assembly directs DisCos not to increase electricity tariff because of the economic challenges in the country Gabriel Suswam By Kingsley Okoye Sen. Gabriel Suswan (PDP-Benue) says the National Assembly directs the Electricity Distribution Companies (DisCos) not to increase electricity tariff because of the current economic challenges occasioned by COVID-19 pandemic across the country. Suswan, Chairman, Senate Committee on Power, made the disclosure in an interview with the News Agency of Nigeria (NAN) in Abuja on Thursday. He said that the increase in the tariff had to stop for now even when it was obvious that an increase, given the provision of necessary distribution infrastructure in the electricity market, would

Electricity: Sen. Suswan suggests measure for improved metering , other distribution infrastructures

Electricity: Sen. Suswan suggests measure for improved metering , other distribution infrastructures The Sen.Gabriel Suswan has advised Federal Government to purchase prepaid meters in bulk to bridge gap in the electricity sector. Gabriel Suswam By Kingsley Okoye Sen.Gabriel Suswan (PDP Benue) has advised Federal Government to purchase prepaid meters in bulk as a holder of 40 per cent equity in distribution chain to bridge metering gap in the electricity sector. Suswan gave the advice in an interview with the News Agency of Nigeria (NAN) in Abuja on Thursday while suggesting possible solution to challenge of poor power supply and distribution of prepaid meters by DisCos in the electricity market. Suswan, who is the Chairman, Senate Committee on Power, also said that government could also decide to

Zenith Bank tops in Nigeria by Tier-1 capital

Zenith Bank tops in Nigeria by Tier-1 capital Zenith Bank Plc has emerged as number one Bank in Nigeria by Tier-one Capital in the 2020 Top 1,000 World Bank Ranking, published by The Banker Magazine. Zenith Bank tops in Nigeria by Tier-1 capital By Chinyere Joel-Nwokeoma Zenith Bank Plc has emerged as number one Bank in Nigeria by Tier-one Capital in the 2020 Top 1,000 World Bank Ranking, published by The Banker Magazine. The bank, in a statement on Thursday in Lagos, said that it climbed a whopping 29 spots from 425 in 2019 to 386 in the 2020 global ranking of banks. The statement noted that the bank retained its position as the number one Tier-one bank in Nigeria with Tier-one capital of 2.79 billion

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