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Russia fines Zoom $1.18m for operating without office
Business

Zoom staff to resume office twice a week

For the first time since the COVID-19 epidemic started, Zoom, the company that helped start the remote work revolution during the pandemic, is asking its employees to report to work. CNN reported that the firm noted in a statement that Zoom is now adopting a “structured hybrid approach,” which requires employees who live close to an […]

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22.4m Nigerians enrolled for NIN in 2022 – NBS

The National Identity Management Commission registered and issued National Identity Numbers to a total of 22,492,748 Nigerians in 2022, a reduction of 16.85% from the 27,052,148 in 2021. The National Bureau of Statistics published a study on Monday under the title “National Identity Registration Statistics 2022” on the NBS website. The 36 states and the […]

Spanish Court upholds temporary ban on Worldcoin's iris-scanning project
News Tech

Kenya police raid Worldcoin facility

Kenyan law enforcement officers searched a Worldcoin facility near Nairobi over the weekend. The raid, according to reports, takes place as the contentious cryptocurrency project that ChatGPT CEO Sam Altman unveiled last month is under more and more scrutiny. Remember that privacy advocates from all over the world have voiced concerns regarding the collecting of […]

Tesla CFO Zachary Kirkhorn steps down after four years
News Tech

Tesla CFO Zachary Kirkhorn steps down after four years

Tesla announced on Monday that Zachary Kirkhorn had resigned as its chief financial officer and that Vaibhav Taneja, its head of accounting, had been selected as the new CFO. Kirkhorn, a 13-year company veteran, resigned from his position on Friday but will continue to work for Tesla through the end of the year. Kirkhorn wrote […]

American company PayPal has introduced a new cryptocurrency stablecoin called PayPal USD.
News Tech

PayPal launches USD stablecoin

American company PayPal has introduced a new cryptocurrency stablecoin called PayPal USD. The new stablecoin will be issued by Paxos Trust Co. and will be fully backed by deposits in US dollars, short-term US Treasury securities, and other cash equivalents. The company announced that American clients would soon be able to purchase the new stablecoin. […]

Egypt startup Buguard secures $500k seed funding
News

Egypt startup Buguard secures $500k seed funding

Egypt, Cairo-based cybersecurity firm specializing in offensive security services, Buguard, has successfully raised a substantial $500,000 in seed funding. This strategic injection of capital will play a pivotal role in advancing Buguard’s operations, with a key focus on team expansion, product enhancement, sales growth, and forging valuable channel partnerships. The funding round was spearheaded by […]

India hits break on PC importation ban
News Tech

India hits break on PC importation ban

The Indian government has suspended the law that directed all PC makers to obtain a licence before importing their equipment days after. The start of the permit programme was absolutely unanticipated, and it is said to have caused Samsung and Apple to stop shipping products. The licencing plan was updated on Friday by India’s Directorate […]

NIA urges govt to implement National Building Code
Business

NIA urges govt to implement National Building Code

The National Institute of Architects has demanded that the National Building Code be put into effect in order to prevent catastrophes involving buildings throughout the country. The Punch reported that following the recent lift tragedy at the General Hospital, Odan, Lagos State, which resulted in the death of Dr. Diasco Vwaere, the president of the Nigerian Institute […]

LIRS sets January 31st deadline for filing tax returns
Business

LIRS to organize tax summit

The Lagos State Internal Revenue Service on Tuesday announced a conference with stakeholders in the local government revenue collecting system. According to The Punch, a statement made by the Lead Consultant at Korki & Associates, Kehinde Bamigbetan, stated that the seminar last year on professionalizing the revenue operations in local governments drew on the successes of that event. […]

Mark Zuckerberg beats Elon Musk in billionaire rankings
News Tech

Mark Zuckerberg ready to face Elon Musk in cage fight

Mark Zuckerberg, CEO of Meta, claims he is “ready today” but “not holding his breath” to challenge Tesla CEO and Twitter founder Elon Musk in a cage match. The fight with the Tesla titan has been proposed for August 26th, according to a post made by Mr Zuckerberg on Sunday in Meta’s new social media […]

Top Russian companies, partners to visit Africa
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Top Russian companies, partners to visit Africa

Major Russian business organizations and Eurasian Economic Union members are planning business trips to several African countries. The Ounch reported that the Russian Export Centre, Roscongress Foundation, State Development Corporation VEB.RF, RosGeo, and the Russian Union of Industrialists and Entrepreneurs are a few of the organizations anticipated to take part in the mission. Others include the Eurasian […]

How Netcore Cloud processed 2bn emails by 2022 - Report
Business

How Netcore Cloud processed 2bn emails by 2022 – Report

A report by Netcore Cloud, an omnichannel marketing technology platform has announced that it processed two billion email interactions in Nigeria by 2022. The Punch reported that the company detailed the many parameters that determined how Nigerians responded to and read their emails from various businesses in a 2022 research. According to the paper, the business was able to assess the […]

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