FG Orders Google, Apple To Deactivate ‘illegal’ Online Banks, Loan Apps

 The Federal Competition and Consumer Protection Commission has ordered Google LLC (Play Store) and Apple Inc. (Apple Store) to deactivate unathorised online banks and loan applications.

The Federal Government agency asked Google and Apple to delete the applications where evidence has established inappropriate conduct or use of the application in violation of the rights of consumers.

The agency also banned the acceptance and presentation of new online banking and loan applications without regulatory assessment and approval.

This is coming two days after FCCPC, in collaboration with the Independent Corrupt Practices and other Related Offences Commission, National Information Technology Development Agency, and the Nigerian Police Force shut down some illegal financial institutions operating on Opebi Road, Ikeja, Lagos.

Davido’s Father, Adedeji Adeleke Gifts Him Land In Banana Island

Nigerian singer, David Adeleke, popularly known as Davido, has received another piece of land in Banana Island from his billionaire father, Adedeji Adeleke.

The singer took to his Twitter page to announce his newly acquired land which was given to him by his father.

Davido then appreciated his father, as he reaffirmed his love for the older man.

“Woke up to another /and from popsi in banana again! Such a dope father! Love u pops,” Davido wrote.

The father-of-three revealed that the land would be used to build “some crazy sh*t” for his kids."

This comes two months after he did a house warming ceremony for his second home in Banana Island, Lagos.

The singer had on January 6, 2022, launched his new home with a star-studded house party.

Davido, popularly called Omo Baba Olowo (child of a rich man), had celebrated his new home a month after the Aye crooner gifted himself a brand new Lamborghini.

POWER GENERATION AND ONGOING LOAD SHEDDING NATIONWIDE

The Transmission Company of Nigeria wishes to notify consumers of electricity that the current load shedding being experienced nationwide is as a result of very low power generation by the Generation Companies (GENCOs) for TCN to wheel through the transmission grid to distribution companies nationwide. 

DisCos justify payment for meters despite FG’s ‘free meters’

The 11 electricity distribution companies yesterday, in Abuja, insisted that payment for meters by end-users remains justified despite the mass-metering programme of the government, which is premised on free meters.

The Association of Nigerian Electricity Distributors (ANED), the umbrella body of the utility companies said that not all approved metering schemes, currently active in the country, come at no immediate expense to customers