Blog

Moniepoint gets nod to acquire Kenyan Kopo Kopo
News

Moniepoint enters remittance market with new app, Monieworld

Nigeria’s newest tech unicorn, Moniepoint, is setting its sights on the country’s lucrative remittance market with the launch of Monieworld, a new money transfer app designed for the UK-Nigeria corridor. Unveiled this week, Monieworld allows UK residents to send money directly to any Nigerian bank account. Transfers can be made either from a Monieworld account […]

Musk's xAI tests standalone app for Grok chatbot
News

Elon Musk’s Grok chatbot adds Workspace, Google Drive integration

Elon Musk’s AI venture, xAI, has rolled out a major new feature for its chatbot, Grok, introducing a collaborative workspace called Grok Studio that allows users to create and edit documents, code, and even browser-based games. Announced late Tuesday on Musk’s social media platform X, Grok Studio is now live on Grok.com for both free […]

News

FIRS blames revenue loss to poor data management

The Executive Chairman of the Federal Inland Revenue Service, Zacch Adedeji, stated on Tuesday that it is challenging to quantify revenue lost to tax expenditures due to poor data availability across relevant government agencies. He explained that tax incentives are not adequately assessed in terms of their actual economic benefits, making it difficult to determine […]

featured

Federation account allocation drops for third consecutive month to N1.57tn

The Federation Account Allocation Committee has reported a continued decline in monthly disbursements, with ₦1.578 trillion shared among the Federal Government, states, and local governments for March 2025. This marks the third consecutive monthly drop in allocations this year, following N1.678tn shared in February and N1.703tn in January. The decline was disclosed in a press […]

Tech billionaires lose $34.4bn amid market sharp decline
News

Zuckerberg admits Instagram acquisition was because of better camera

Meta CEO Mark Zuckerberg admitted on Tuesday that Instagram had a superior camera feature at the time of its acquisition, a key moment in an antitrust trial aimed at challenging the tech giant’s past mergers. Speaking during his second day on the witness stand, Zuckerberg told the court that Meta—then known as Facebook—was developing a […]

Anthropic upgrades AI chatbot Claude
News

Anthropic integrates Claude AI to Google Workspace

AI startup Anthropic announced on Tuesday that its chatbot Claude, now integrates with Google Workspace, allowing users to connect directly with their Gmail, Google Calendar, and Google Docs accounts. The new integration, currently in beta, is available to subscribers on the Max, Team, Enterprise, and Pro plans. To activate the feature, administrators must first enable […]

OpenAI updates ChatGPT search tool to enhance online shopping
News

OpenAI developing social media platform to rival X – Report

OpenAI is quietly building its own social media network with similarities to Elon Musk’s X, formerly Twitter, according to a report by The Verge on Tuesday. The report claims the AI company has developed an internal prototype that includes a social feed centered around ChatGPT’s image-generation capabilities. While the project remains in its early stages, […]

Business

3,700 people hospitalized as sandstorm hits Iraqi airports

Visibility dropped to less than one kilometre (about half a mile) in central and southern Iraqi cities as a storm enveloped the region in an eerie orange haze. Both Basra and Najaf airports were closed during the storm, which began to weaken on Tuesday morning, according to AFP photographers. Health ministry spokesperson Saif al-Badr stated […]

News

Petrol imports down 67% in eight months — NMDPRA

Imports of Premium Motor Spirit have dropped sharply from 44.6 million litres per day in August 2024 to 14.7 million litres as of April 13, 2025—a decline of about 30 million litres, or 67 per cent—according to the latest supply tracker from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The Chief Executive Officer of […]

Business

US economy to lose billions amid tourism, products boycott

The US economy faces potential billions in losses in 2025 due to a decline in foreign tourism and boycotts of American products, adding to existing economic challenges and heightening the risk of a recession. Daata released on Monday by the International Trade Administration, revealed non-citizen arrivals by plane dropped nearly 10% in March compared to […]

Business

China halts Boeing aircraft deliveries amid escalating trade war

China has instructed its airlines to halt further deliveries of Boeing aircraft in response to the United States’ imposition of 145% tariffs on Chinese goods. The Chinese government is exploring ways to support domestic airlines that lease Boeing aircraft and are now facing higher costs due to rising trade tensions with the United States, according […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]