Freedom Square TV

The Corporate Affairs Commission (CAC) has initiated a massive regulatory crackdown, placing 100,000 inactive companies on notice for striking off from the national corporate register.   This sweeping exercise is driven by the failure of these affected entities to comply with basic statutory obligations, specifically their ongoing failure to file…

Microsoft announced Monday that it is eliminating approximately 4,800 jobs—roughly two percent of its global workforce—as part of an aggressive cost-cutting strategy and a sweeping restructuring of its struggling Xbox gaming division. The mass layoffs mark the tech giant's latest effort to free up capital as it pours tens of…

Tony Elumelu will retire as Group Chairman of United Bank for Africa on August 21, 2026, after completing the maximum 12-year tenure for non-executive directors as stipulated by the Central Bank of Nigeria corporate governance guidelines. The decision was approved during the bank's board meeting on Monday.   The bank…

The Central Bank of Nigeria (CBN) has withdrawn the operating licences of 46 microfinance banks across the country, with the decision taking effect from July 1, 2026.   The development was announced in a statement issued on Wednesday by the Acting Director of Corporate Communications at the CBN, Hakama Sidi…

Meta-owned messaging platform WhatsApp has announced a major privacy update that will allow users to connect with others without sharing their phone numbers, introducing unique usernames as an alternative way to identify and contact people.   The company disclosed on Monday that the feature, which will be rolled out gradually…

The Chief Executive Officer of [Mastercard], Michael Miebach, has disclosed that the global payment technology company is contributing approximately $2 billion in foreign exchange inflows to Nigeria while helping to prevent nearly $200 million in fraudulent financial transactions.   Miebach made the disclosure on Thursday during a visit to Bola…

Mobile phone users in Nigeria and other emerging markets received airtime credit worth $3.18 billion in 2025, reflecting a growing reliance on telecom-linked lending services across developing economies, according to the latest financial statements released by fintech company Optasia.   The report showed that airtime advances provided through telecommunications operators…

China has strongly criticised the United States for adding several Chinese firms to a Pentagon blacklist, describing the move as an unjustified crackdown on its companies.   Speaking on Tuesday, Chinese Foreign Ministry spokesman Lin Jian said Beijing firmly rejects what it views as Washington’s misuse of national security concerns…

United Nigeria Airlines has responded to public concerns following the circulation of a viral video showing passengers being issued handwritten boarding passes before a flight.   The video, which was shared on X by Morris Monye, generated widespread reactions online after he questioned the state of Nigeria’s aviation sector and…

Fresh market checks carried out on Monday revealed significant increases in the price of cooking gas across various parts of Nigeria, with consumers now paying between N1,400 and N2,000 per kilogramme depending on location.   In several communities across Lagos State, residents reported sharp hikes in prices over the past…