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Meta's deep sea cable sparks $37B African economic boost
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Meta’s deep sea cable sparks $37B African economic boost

Onwubuke Melvin Former UK Deputy Prime Minister and Meta’s President of Global Affairs, Nick Clegg revealed that the Meta-backed deep-sea cable has the potential to generate approximately $37 billion in economic activity across Africa. This was disclosed in a statement by the Special Adviser to the President, Ajuri Ngelale, on Thursday. According to the statement, […]

Meta introduces message summaries to WhatsApp
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WhatsApp users can now pin three messages

WhatsApp announced on Thursday that users now have the ability to pin up to three messages in a chat for easier access. Previously, users were limited to pinning only one message at the top of a conversation with a contact or a group. Both Meta CEO Mark Zuckerberg and WhatsApp head Will Cathcart revealed this […]

Bi-Courtney urges FG, airlines partnership on regional flights
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Bi-Courtney urges FG, airlines partnership on regional flights

Onwubuke Melvin   A strategic partnership between the Federal Government and airlines has been called for by Bi-Courtney Aviation Services Limited, operators of Terminal 2 of Murtala Muhammed International Airport, Lagos, in order to exploit the untapped revenue potential of regional flight operations. BASL pointed out that in addition to the significant revenue of regional […]

C'River's 20km Road to boost economic growth - Lafarge
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C’River’s 20km Road to boost economic growth – Lafarge

Onwubuke Melvin   The Governor of Cross River State, Bassey Otu on Thursday commissioned a 20-kilometre road constructed by Lafarge Africa Plc. In the statement, the cement manufacturing company started the road construction in 2010 as an evacuation corridor that spans from Mfamosing, its operational base through Abiati, Etamkpini, and terminates at Odukpani junction by […]

Uganda to begin direct flight to Abuja - Commissioner
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Uganda to begin direct flight to Abuja – Commissioner

Onwubuke Melvin The government of Uganda has sought increased business collaboration with Nigeria while pledging to soon add Abuja to its airline routes. The Ministry of Foreign Affairs disclosed this via its official X page on Thursday. The ministry noted that the agreement was reached when its High Commissioner to Nigeria, Ambassador Nelson Ocheger met […]

Igbo Apprenticeship System Regulation Bill advances to second reading
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Igbo Apprenticeship System Regulation Bill advances to second reading

Onwubuke Melvin The Anambra State House of Assembly has successfully advanced a bill to its second reading, aiming to revitalize and set up a regulatory framework for the Igbo apprenticeship system, also known as ‘Igba Boi,’ according to Nairametrics. The “Anambra State Igbo Apprenticeship Bill 2024” was introduced by Mr. Ejike Okechukwu, the representative for […]

Crypto exchange OKX shuts down operations in India
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Crypto exchange OKX shuts down operations in India

Cryptocurrency exchange, OKX announced via email to its users in India on Thursday that it will be discontinuing its services in the country. Users were advised to withdraw their funds by the end of April. The decision comes after both Apple and Google removed the OKX app from their platforms in India. This action followed […]

US sues Apple for monopolizing smartphone market
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US sues Apple for monopolizing smartphone market

The U.S. Department of Justice and 15 states on Thursday, filed a lawsuit against Apple, as part of the government’s crackdown on Big Tech, alleging that the tech giant monopolized the smartphone market, disadvantaged smaller competitors, and inflated prices. Attorney General Merrick Garland stated, “Consumers should not suffer higher prices due to antitrust violations,” expressing […]

TikTok launches campus verification to help students connect
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Kenya demands TikTok compliance amid global regulatory pressure

Kenya’s Interior Minister announced on Thursday that the country is insisting TikTok demonstrate compliance with local privacy and user verification laws. The minister cited concerns over the platform’s role in disseminating propaganda, perpetrating fraud, and circulating inappropriate content. TikTok, along with other social media platforms, faces mounting pressure from global regulators to safeguard users against […]

Electricity

FG pledges metering solutions to revive Nigeria’s power

The Federal Government has made a firm commitment to bridging the metering gaps and solving the financial liquidity challenges in Nigeria’s power sector. This was revealed by the Special Adviser on Energy to President Bola Tinubu, Olu Verheijen, during her participation at the 2024 edition of CERAWeek by S&P Global in Houston, United States, according […]

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Shareholders commend SEC’s rejection of PZ Cussons’ buyout, delisting proposal

Shareholders under the aegis of the New Dimension Shareholders Association of Nigeria applauded the rejection of PZ Cussons’ bid to acquire shares of minority shareholders and delist from the NGX by the Securities and Exchange Commission. In a corporate disclosure, PZ Cussons (Holding) intended to buy the shares held by other PZ Cussons Nigeria shareholders […]