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Australian children bypasses social media age limits - Report
News

Tech giants pledge stronger measures against online hate speech

Major tech companies, including Meta (parent company of Facebook), Elon Musk’s X (formerly Twitter), Google’s YouTube, and others, have committed to enhanced efforts in combating online hate speech as part of a newly updated Code of Conduct integrated into the European Union’s Digital Services Act. The European Commission announced on Monday that other signatories to […]

Bitcoin demand hits two-year high Argentina amid local currency crash
Crypto

Bitcoin hits new record ahead of Trump’s inauguration

Bitcoin hit an all-time high of $109,241 as the US braces for the inauguration of pro-crypto President-elect Donald Trump. The original cryptocurrency surged by 5.5% on Monday, setting a new all-time high. This rise followed the unveiling of memecoins by President-elect Trump and his wife, Melania, over the weekend. Trump’s memecoin quickly reached a market […]

News

NIRSAL targets yield-based insurance to boost agriculture sector

Financial institution NIRSAL Plc has announced a shift towards yield-based insurance in the agricultural sector to drive economic growth. This was revealed by the Principal Manager of Agribusiness Finance and Investment at NIRSAL Plc, Akinola Baiyewu, during the 2025 Annual Outlook Conference organized by Meristem in Lagos. The National Bureau of Statistics’ third-quarter 2024 GDP […]

Melania Trump launches $MELANIA cryptocurrency
News

Melania Trump launches $MELANIA cryptocurrency

Melania Trump, poised to become the First Lady of the United States, has unveiled her own cryptocurrency, $MELANIA, just a day before her husband, Donald Trump, is inaugurated as the 47th President. Taking to the social platform X, Melania announced, “The Official Melania Meme is live! You can buy $MELANIA now.” Hosted on the Solana […]

News

Tizeti to reduce costs with 90,000km fibre infrastructure

Tizeti, a leading Internet Service Provider in Nigeria, has announced plans to reduce bandwidth costs by 90% by utilizing the Federal Government’s 90,000-kilometre fibre-optic backbone project. The broadband initiative, supported by a $2bn grant from the U.S. Trade and Development Agency, will lay fibre-optic infrastructure along key national routes such as power grids, railways, roads, […]

News

FG allocates N207m for fish feed mills

The Federal Government has allocated N207.3 million for the establishment of local fish feed mills across the six geopolitical zones in the country, aiming to enhance the fisheries sector. Additionally, The government has earmarked N151 million for the development of post-harvest infrastructure in the fisheries and aquaculture sectors, aiming to reduce waste and improve efficiency […]

Trump’s crypto coin surges to $9bn market cap ahead of inauguration
News

Trump’s crypto coin surges to $9bn market cap ahead of inauguration

Donald Trump’s newly launched cryptocurrency, $TRUMP, soared to unprecedented heights on Monday, reaching a market capitalization of $9.2 billion just hours before the U.S. President-elect’s return to the White House. The meme coin surged 73% during Asian trading hours, hitting $46.06, with a staggering 24-hour trading volume of $42.2 billion, according to CoinMarketCap. The digital […]

News

Nigeria’s first AfCFTA shipment reaches Kenya

Nigeria’s first shipment under the African Continental Free Trade Area has arrived at Mombasa Port, Kenya. The shipment was coordinated by the Nigeria AfCFTA Coordination Office, led by Olusegun Awolowo, in line with the mandate from the African Union’s 31st Ordinary Assembly decision. The Nigeria AfCFTA Coordination Office stated in a Sunday release that the […]

The Nigerian equities market closed in positive territory on Thursday, with investors pocketing a gain of N239bn in market capitalisation
News

Nigerian equity market drops N1.45tn one week

The Nigerian equity market faced a downturn last week, with a market capitalisation loss of N1.45 trillion. The All-Share Index dropped by 2.94%, closing at 102,353.68 points, while market capitalisation fell by 2.26%, settling at N62.85 trillion. Trading volume also declined, with 2.252 billion shares worth N58.83 billion changing hands in 63,657 deals, compared to […]

featured

Nigeria’s biggest FX problem is illicit demands, says Oyedele

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that illicit demand is the primary factor putting pressure on the foreign exchange market. Oyedele made this disclosure on Saturday at The Platform Economic Outlook for 2025 event organised by The Covenant Nation, where he was one of the speakers. […]

News

Ex-First Bank MD Onasanya debunks fraud allegation

The former Group Managing Director of FirstBank, Dr. Bisi Onasanya, has denied allegations of his involvement in a commercial loan transaction that occurred 12 years ago at the bank. In a statement signed by his communication advisor on Sunday, Mr. Michael Oshunuyi, Onasanya described the claims as unfounded and as part of an effort to […]

TikTok unveils feature to allow users add for video context
featured

TikTok restores US service after Trump’s intervention

TikTok announced Sunday that it is restoring its services in the United States after President-elect Donald Trump pledged to reinstate the app’s access once he assumes office on Monday. The platform, which had gone offline late Saturday following a law mandating its shutdown over national security concerns, is gradually resuming operations. “As a result of […]

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