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CAF appeal board names Nigerian Justice Harriman president

Nigerian Justice Roli Harriman has been chosen as the next head of the CAF Appeals Board on the sidelines of the Confederation of African Football’s Ordinary General Assembly in Abidjan, Cote d’Ivoire. Harriman, a 62-year-old High Court judge who has served as an Alternative Dispute Resolution judge in Delta State since January 2013, has replaced […]

Ex-Binance CEO sentenced to four months in jail
News Tech

Binance lays off over 1000 employees

The cryptocurrency exchange Binance has laid off some staff days after key executives left the company. “Over the last six years, we have grown from 30 to a team of almost 8,000 across the globe. As we prepare for the next major bull cycle, it has become clear that we need to focus on talent […]

Microsoft proposes relocation of Chinese staff over US-China tensions
News Tech

Microsoft discloses Chinese hackers exploited flaw in system

Microsoft has disclosed that Chinese hackers stole emails from clients including government agencies by exploiting a flaw in its system. The tech giant said that Chinese hackers were able to carry out their cyberespionage campaign because to “a validation error in Microsoft code” in a blog post that was published on Friday. The blog offered […]

NGX names VFD's Nonso Okpala Non-Executive Director
Appointments

NGX names VFD’s Nonso Okpala Non-Executive Director

The shareholders of the Nigerian Exchange Group Plc approved the group managing director of the VFD Group, Mr. Nonso Okpala, as a new non-executive director of the Nigerian Exchange Group Plc. According to one of the country’s top sector-agnostic investment firms, VFD Group Plc, the appointment was made at their 62nd annual general meeting held in Lagos earlier today, […]

Meta's Threads hits 175m monthly users amid challenges
News Tech

Meta blocks access to Threads through VPN – Report

Meta’s Threads app, has disclosed its preventing access to the platform with the use of a virtual private network. According to Techcrunch, the disclosure is coming after receiving numerous complaints from users in the EU who were unable to access the platform. Threads was recently released by Meta, however, due to privacy issues, it is […]

NvisionU Nigeria names Segun Omobolaji new country manager
Appointments

NvisionU Nigeria names Segun Omobolaji new country manager

NvisionU Nigeria, one of Nigeria’s fastest-growing health, wellness, and financial literacy firms, has appointed Mr Segun Omobolaji as its new County Manager. The company’s direction and goals for this appointment are to grow the Nigerian market in order to reach its global target of 200,000 clients and $100 million in sales by 2023. Mr. Segun […]

Nigeria can become global talent exporter, says NITDA DG
Business

MSMEs digitization to boost Nigeria’s GDP by $53bn – NITDA

The National Information Technology Development Agency has stated that digitizing Micro, Small, and Medium Enterprises could improve Nigeria’s GDP by $53 billion. This was said by the director-general of NITDA, Mr. Kashifu Inuwa, when he visited the Lagos headquarters of the GIZ/Digital Transformation Centre, Nigeria. The digital transformation of MSMEs, according to Inuwa, will contribute to the expansion […]

Fuel, electricity tariff cap costly, IMF warns Nigeria
Business

CBN’s funding of FG deficits will hike inflation – IMF

The Central Bank of Nigeria has been encouraged by the International Monetary Fund to take steps to suspend or limit its funding of the government’s fiscal deficits if it wants the booming inflation to subside. The National Bureau of Statistics reports that the country’s inflation increased from 22.22 percent in April 2023 to 22.41 percent in […]

Elon Musk to remove light mode on 'X' platform
News Tech

Twitter introduces setting to reduce spam messages

Twitter on Thursday introduced a message setting aimed at reducing spam in users’ inboxes. Starting “as soon as” July 14, Twitter will roll out a new messaging setting targeted at minimising spam in direct messages by redirecting messages from Verified users you don’t follow back to your “Message Request” inbox rather than your main inbox. […]

Malaysian PM discusses Tesla investment with Elon Musk
News Tech

Malaysian PM discusses Tesla investment with Elon Musk

Tech billionaire Elon Musk on Friday spoke with Malaysian Prime Minister Anwar Ibrahim on the phone to discuss SpaceX’s satellite communications service and Tesla’s investment in the country. “I welcome the company’s interest and decision to invest in Malaysia, and Elon Musk’s willingness to come to Malaysia,” Anwar said in a statement. Earlier this year, […]

Access Bank, Qatar airways partner, offer discounted flight tickets
Banking

Access Holdings acquires majority shares of Angolan bank Finibanco

Access Holdings has announced that it has successfully acquired the majority of Finibanco Angola. The group stated that the transaction was made through its flagship subsidiary, Access Bank Plc, in a press release notice that was sent to the Nigeria Exchange Limited. Group CEO of Access Holdings, Dr. Herbert Wigwe, commented on the transaction’s conclusion. “To […]

Airtel, MTN, others must get ad campaign approval - NCC
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Airtel, MTN, others must get ad campaign approval – NCC

The Nigerian Communications Commission has introduced new guidelines requiring MTN, Airtel, Glo, and other Mobile Network Operators to obtain the commission’s approval before running advertising campaigns. These guidelines aim to regulate the conduct of promotional activities by MNOs in Nigeria. Under the 15-page document, MNOs must submit a written request to the NCC for approval […]

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