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Portugal to import Nigeria, US gas as US sanctions Russia

Portugal plans to boost LNG purchases from Nigeria, US, aiming to reduce reliance on dwindling Russian supplies. According to a Reuters report, Portuguese Environment Minister Maria da Graca Carvalho stated that the decision was made in response to sanctions on Russian oil and gas imports via pipelines. “Portugal is now practically independent of Russian gas […]

News

Meta to integrate WhatsApp into Facebook, Instagram

Meta announced on Tuesday that it will soon enable users to link their WhatsApp accounts to the Accounts Center, a centralized hub for managing connected experiences across Meta-owned platforms, including Facebook, Instagram, and Meta Quest. The integration will allow WhatsApp users to cross-post their Status updates directly to Instagram and Facebook Stories, eliminating the need […]

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Stripe to lay off 300 employees despite plans for headcount growth

Fintech giant,Stripe, is laying off 300 employees, according to a leaked internal memo reported on Tuesday by Business Insider. The job cuts will primarily affect workers in product, engineering, and operations roles, and despite the layoffs, Stripe plans to expand its overall workforce. Chief People Officer Rob McIntosh stated that the company intends to grow […]

News

Meta courts TikTok creators with cash bonuses, deals

Meta has launched an aggressive campaign to attract TikTok creators to its platforms, offering financial incentives, content deals, and tools to grow their audiences. The company announced on Tuesday that eligible TikTok creators could earn up to $5,000 in bonuses over three months for posting Reels on Facebook and Instagram. In addition to bonuses, Meta […]

Britain probes TikTok, Reddit over children's privacy
News

TikTok still unavailable in US despite Trump intervention

TikTok remained inaccessible on Apple and Google app stores in the United States on Tuesday, a day after President Donald Trump signed an executive order postponing the enforcement of a ban on the app by 75 days. The executive order came as uncertainty loomed over the future of TikTok, which went offline in the U.S. […]

MTN confirms cyberattack, says core systems remain unaffected
News

MTN Nigeria’s share price soars after telecom tariff hike

MTN Nigeria’s share price surged by 9.87% on Tuesday, closing at ₦256, following regulatory approval of a 50% increase in telecom tariffs. This marks the company’s highest share price since March 2024, when it traded at ₦267.80. The price jump reflects renewed investor confidence in MTN’s profitability prospects after enduring two years of financial losses. […]

Nigeria’s telecom records growth as mobile subscriptions rise to 169.3m
News

SERAP demands reversal of 50% tariff hike, threatens court action

The Socio-Economic Rights and Accountability Project has given the Federal Government and telecommunications companies, a 48-hour ultimatum to reverse the recent 50% increase in call and data charges. SERAP issued this demand through a tweet on Tuesday, calling the tariff hike “unlawful” and threatening legal action if the increase is not rescinded within the specified […]

TikTok removes more Universal Music songs as conflict worsens
Tech

TikTok: No winners in trade war, Chinese VP warns

Chinese Vice Premier Ding Xuexiang warned that there are “no winners” in a trade war, as China faces the potential of tariffs under the newly-inaugurated administration of Donald Trump. “Protectionism leads no where. [A] trade war has no winners,” Ding said Tuesday, according to an official English translation. He was speaking at the World Economic […]

Globacom CEO resigns after one month amid organizational challenges
News

Globacom CEO resigns after one month amid organizational challenges

Ahmad Farroukh, appointed CEO of Nigerian telecom giant Globacom in October 2024, has resigned after just one month in the role, multiple sources close to the matter have confirmed. While Globacom has yet to issue an official statement or notify employees of the development, insiders suggest that Farroukh’s abrupt exit stems from challenges related to […]

Meta slammed by oversight board over content policy overhaul
News

Meta to maintain fact-checking outside US

Meta, the parent company of Facebook and Instagram, announced plans to retain its fact-checking program outside the United States, though it may eventually roll out changes globally. The decision comes after Meta revealed earlier this month that it would replace U.S.-based fact-checkers with a community notes system, similar to the model used by Elon Musk’s […]

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Banks to settle N200bn USSD debt, prevent service disconnection

The planned disconnection of Unstructured Supplementary Service Data services for nine commercial banks may be averted, as the affected banks have started working to settle their debts before the January 27th deadline. Sources within telecom operators revealed that some banks have already made partial payments, while others, previously defiant, are now requesting negotiations following the […]

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