Blog

TikTok shuts down on Sunday unless Apple, Google halts removal from stores
Tech

TikTok rivals Threads with new text post feature

Popular social media platform, TikTok, has unleashed a revolutionary text-based content feature, expanding creative possibilities for its vibrant community. In addition to photos and videos, creators now have the power to share thoughts, ideas, and stories through text-based posts. This game-changing move elevates TikTok’s content creation to new heights, providing a dedicated space for the […]

Court frees Emefiele on N20m bail
featured

Court frees Emefiele on N20m bail

    Embattled former governor of the Central Bank of Nigeria, Godwin Emefiele, has been granted bail of N20 million by a Lagos High Court on Tuesday. According to Channels, the presiding judge, Justice Nicholas Oweibo, granted bail to Emefiele after considering the arguments presented by Emefiele’s legal representative, Joseph Daudu (SAN). The presiding judge […]

Figma makes blockbuster NYSE debut, rises $47bn market cap
News Tech

Adobe’s Figma deal faces thorough EU probe

Adobe’s $20 billion offer for cloud-based designer platform Figma will be the subject of a thorough EU antitrust inquiry following a preliminary evaluation by EU regulators. The action highlights antitrust watchdogs’ caution when it comes to IT agreements where larger businesses could buy rival start-ups in order to put them out of business. According to […]

Opinion

Fuel price to hit N1000/litre, financial analyst warns

The Federal Government has been urged to intervene in the foreign exchange market to curb the likely free fall of the Naira to the dollar in order to checkmate rising price of petrol, which experts say could hit N1000 per liter.   According to Tribune, Economists advised that the government should be wary of allowing […]

Medical tourism: Nigerians spend $1m in foreign hospitals
News

Medical tourism: Nigerians spend $1m in foreign hospitals

Nigeria has spent a staggering $1.04 million on foreign healthcare services in the first quarter of 2023, marking a significant increase of 40.54% compared to the same period in 2022, according to the Central Bank of Nigeria’s quarterly statistical bulletin. The Punch also reported that the breakdown reveals that medical tourism consumed $0.34 million in […]

Nigeria to produce food worth €62bn by 2024 - Report
Business

France, firm partner to teach Nigerian farmers networking

The French government and a Nigerian firm, JR Farms, have inked a strategic collaboration deal that would provide African farmers with industrial networking, worldwide practices, and access to commercial stakeholders. The Punch reported that JR Farms is an international agribusiness corporation with operations in Nigeria, Rwanda, and Zambia and the company had expanded its operations across Africa […]

Nigerians lament frequent pay-TV subscription hike
Business

Nigerians lament frequent pay-TV subscription hike

Customers have lamented as the parent firm of DStv, MultiChoice Nigeria, recently started implementing yet another regime of price increases across all of its different packages. According to The Punch, in April, the business announced an increase in the cost of its bouquets, claiming the need to reflect current economic conditions. This statement was made […]

How govt earned N80.86bn from electronic transfer fees
featured

How govt earned N80.86bn from electronic transfer fees

In the first half of 2023, electronic transfer levies brought in N80.86 billion for the three tiers of government. According to The Punch, this was based on information taken from a statement from the Federation Account Allocation Committee for the period of January to June 2023. It also happened after the country had recently seen […]

UBA begins $6bn project to support African SMEs
Business

UBA’s share price surges 95% in one year – Report

The United Bank for Africa Plc’s share price has increased by 95% in a year, garnering analysts’ ratings. According to BusinessDay, financial analysts support the bullish market sentiment and continue to suggest a buy recommendation on UBA shares, which have attracted a lot of interest from domestic and international investors after years of being undervalued. […]

Seven tech course without coding
Tech

Seven tech course without coding

Coding has often been considered the gateway to a successful career in the tech space. However, not everyone is inclined toward programming languages or coding skills. The good news is that there are numerous exciting tech courses that open doors to lucrative career opportunities without the need for coding expertise. Whether you’re an aspiring techie […]

First Bank restates commitment to support FMCG wholesalers
Banking

FBN Holdings to raise additional capital

FBN Holdings Plc, a provider of financial services, has announced that it will raise new capital if shareholders approve at the group’s annual general meeting, which is set for next month. The Punch reported that this information was included in the group’s notice to shareholders of its 11th annual general meeting. The announcement stated that […]