Business Archives - Page 40 of 52

Femi Otedola Acquires First Bank Nigeria, Remains Top Shareholder

Reports reaching Earthnews, confirmed that Nigerian billionaire businessman, Femi Otedola has taken over First Bank of Nigeria Plc. According to the said reports, Otedola being the...

Non-Payment: Gencos Lose N1.66trillion over Unused Power

Business4 years ago

Non-Payment: Gencos Lose N1.66trillion over Unused Power

The issue of irregular power supply is not strange in Nigeria as it has long-gone become the cohabiting companion. Though, lately effort has been paraded towards...

Business4 years ago

Facebook to Rebrand with a New Name

Facebook is planning to change its company name next week to reflect its focus on building the metaverse, according to a source with direct knowledge of...

CBN Alerts Nigerians of illegal firms promising outrageous returns

Business4 years ago

Nigerian Undergraduates, Graduates to Get N500m Grant from CBN

The prevalence of economy crisis and struggle in doing business which has significantly impacted the standard of living is now a cross-border reality. As an intervention,...

Business4 years ago

Naira Appreciates to N414.07/$1 as Bitcoin Hits $66k

The Naira appreciated against the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange (forex) market by 0.16 per cent or 66...

Google has said it will no longer post ads next to misinformation about climate change on its search engine or on global video-sharing platform YouTube. Google is boldly tackling climate change denial across its advertising platforms and YouTube, with bans and new demonetisation policies starting from next month – November The new policy for Google advertisers, publishers and YouTube creators will prohibit the platforms from helping people make money from content that “contradicts well-established scientific consensus around the existence and causes of climate change.” That includes online content referring to climate change as a hoax or a scam, or denying the world’s temperature is rising and that human activity is contributing to the problem, Google said in a post. “Advertisers simply don’t want their ads to appear next to this content,” Google said. “And publishers and creators don’t want ads promoting these claims to appear on their pages or videos.” The internet giant added that the policy change aligns with efforts by the company to promote sustainable practices and confront climate change. “Google’s important decision to demonetize climate misinformation could turn the tide on the climate denial economy,” said NGO Avaaz campaign director Fadi Quran. “For years, climate misinformers have confused public opinion and obstructed urgent political action on climate change, and YouTube has been one of their weapons of choice.” Quran urged other online platforms to follow Google’s lead and stop funneling money to those peddling debunked denials of climate change. Similarly, Social networking colossus Facebook, which is Google’s biggest competitor in the digital advertising market, touts efforts to curb climate misinformation at its platform but has no yet such ad ban in place.

Business4 years ago

Climate Change: Google to Ban Ads, Demonetise YouTube Videos Promoting Denial

Google has said it will no longer post ads next to misinformation about climate change on its search engine or on global video-sharing platform YouTube. Google...

Nigeria’s Oil Reserves Drop by 543m Barrels – OPEC

Business4 years ago

Nigeria’s Oil Reserves Drop by 543m Barrels – OPEC

The Nigeria crude oil reserves shed 543 million barrels. This is according to the Annual Statistical Bulletin of the Organisation Exporting Countries released on Wednesday. The...

Guilder Ultimate Search Partners MultiChoice for Season 12

Business4 years ago

Guilder Ultimate Search Partners MultiChoice for Season 12

The Guilder Ultimate Search (GUS) organiser, Nigerian Breweries Plc, has announced a partnership with Africa’s leading entertainment company, MultiChoice Nigeria, for the broadcast of the reality...

Naira Slides Further Despite CBN’s Assurance

Business4 years ago

Naira Slides Further to N575/$ Despite CBN’s Assurance

The naira has been facing consistent downslope for quite some time. On Thursday, it slides again to N575 despite assurances by the Central Bank of Nigeria...

NGX: Investors lose N11bn as Stocks Slid Further

Business4 years ago

NGX: Investors lose N11bn as Stocks Slid Further

Nigerian Stock Exchange lost N11.02bn at the end of trading on Wednesday as banking stocks declined for the eighth consecutive trading day. This has brought negative...