Business
Global IT Disruptions Cause Flight Suspensions and Travel Chaos
Flights at Berlin Brandenburg Airport were suspended on Friday morning due to a “technical problem,” causing delays and cancellations until 10:00 am (0800 GMT), with no clear time for resumption.
This incident coincides with massive IT disturbances reported in several countries.
Australia experienced a large-scale IT outage affecting the national broadcaster, its largest international airport, and a major telecommunications company.
The disruption came as US tech giant Microsoft undertook “mitigation actions” to address service issues. The UK’s largest rail operator also warned of potential train cancellations due to IT problems.
In the US, all flights from major airlines like Delta, United, and American Airlines were grounded on Friday morning due to a communication issue, according to the Federal Aviation Administration (FAA), impacting flights regardless of their destination.
Business
OPay Introduces New Security Features for Customers
Nigerian fintech company OPay has introduced new security features to improve the safety of its application.
The company unveiled the Emergency Lock and Safety PIN features to give customers better control over their funds and provide added protection against fraud and unauthorized transactions.
The Emergency Lock feature allows customers to instantly freeze their OPay account with a single tap whenever they sense a threat or believe their account may be at risk.
The newly launched Safety PIN introduces an additional layer of security, helping customers protect themselves in situations where they may be forced to make a transfer or payment against their will.
Business
Nigeria’s Agricultural Sector Cannot Thrive Without Investment – FG
The Federal Government of Nigeria has spoken on the agriculture sector of the country and shared that, in its current state, it needs more capital as it cannot stand alone without it.
They stated that even more capital will be needed in order to transform the agricultural sector and improve food production in Nigeria.
“Relying solely on public capital will not suffice to finance the transformation of Nigeria’s agricultural sector. Similarly, private capital will not be mobilised at the necessary scale unless the associated risks are comprehensively understood, appropriately allocated, and effectively managed.”
Business
Dangote Refinery Increases Petrol and Diesel Prices
It has been noted that there is now an increase in fuel all around Nigeria, from … to 1000 plus in fuel stations.
It was also noted that Dangote Petroleum Refinery increased the price to 1,175 per litre and diesel has been increased to 1,620 per litre.
This new spike in fuel increase has caused Nigerians to lament widely, wondering why this change happened all of a sudden.
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