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NCC directs telecoms to audit billing systems
News

NCC partners Nokia to train Nigerians on 4G/5G technology

In a bid to equip young Nigerians with cutting-edge telecommunications skills, the Nigerian Communications Commission has inked a significant Memorandum of Understanding with Nokia Solutions and Networks Nigeria. This collaboration aims to provide comprehensive training on the latest 4G/5G radio and transmission technologies. The Executive Vice Chairman of the NCC, Dr. Aminu Maina, unveiled this […]

Spotify pays $10bn to music industry in 2024
News

Spotify pays Nigerian artists N25b royalties

Music streaming platform, Spotify, has unveiled that it disbursed over N25 billion in streaming royalties to Nigerian artists throughout 2023. This significant disclosure was made within the pages of its annual Loud & Clear report, a comprehensive analysis focusing on the Nigerian music market. According to Spotify’s report, the earnings for Nigerian artists in 2023 […]

Samsung issues update for Galaxy users' security
News

Samsung issues update for Galaxy users’ security

Samsung, the tech giant renowned for its innovative devices, has issued a crucial update for its flagship smartphones, emphasizing the installation of two “critical” security fixes. Among these fixes, one is notably overdue and necessitates urgent installation. The belated critical fix, initially part of Google’s April security release, addresses a Qualcomm modem issue that could […]

News

AMEX unveils Nigeria’s first business card

O3 Capital, a leading Nigerian fintech and the country’s first non-bank credit card issuer has announced a partnership with American Express to issue business credit cards in Nigeria, potentially improving access to dollars in the country. O3 Capital said the firm has partnered to issue four new American Express credit cards: the O3 American Express […]

Nigeria's FX reserves hits $32.3bn, rises by $262m
News

Nigeria’s FX reserves hits $32.3bn, rises by $262m

Nigeria’s foreign exchange reserves have surged to $32.369 billion as of May 6, 2024, marking a significant rebound from a recent one-month decline that saw reserves dip to $32.107 billion. According to the latest report from the Central Bank of Nigeria (CBN), the country’s foreign reserves experienced a commendable increase of $262 million after weeks […]

Canada fines Binance $4.38m for money laundering
News

Canada fines Binance $4.38m for money laundering

Canada’s anti-money laundering agency announced on Thursday that it had imposed a hefty fine of nearly C$6 million ($4.38 million) on cryptocurrency exchange Binance for breaching money laundering and terrorist financing laws. The Financial Transactions and Reports Analysis Centre of Canada revealed that Binance had failed to register as a foreign money services business with […]

Dell reports data breach, assures customers of limited impact
News

Dell reports data breach, assures customers of limited impact

Technology giant Dell informed its customers on Thursday of a data breach involving customer names and physical addresses. Dell disclosed that it was investigating an incident concerning a Dell portal housing a database containing select customer information related to purchases, TechCrunch reported. The breached data encompassed customer names, physical addresses, as well as Dell hardware […]

Reddit introduces policy to safeguard user privacy
News

Reddit introduces policy to safeguard user privacy

The popular social media platform, Reddit has unveiled a new policy on Thursday aimed at striking a balance between licensing its content to tech giants like Google and safeguarding users’ privacy. The newly introduced “Public Content Policy” is set to complement Reddit’s existing privacy and content policies, outlining guidelines for the access and utilization of […]

Three high-paying social media jobs
News

Three high-paying social media jobs

Since the inception of the first social media platforms in 1997, the digital landscape has been transformed, with social media becoming an integral part of daily life for billions worldwide. Its pervasive presence, often unnoticed yet deeply ingrained, has made imagining a day without its use a challenge for many. Today, the global social media […]

News

FG begin fresh audit of N2.7tn subsidy debt

The Federal Government is ready to embark on a fresh audit of the N2.8tn fuel subsidy claim by the Nigerian National Petroleum Company Limited. A first audit was carried out by KPMG reducing the claims from N6 trillion to N2.7 trillion, according to The Punch. The Federal Government is also considering appointing an external auditor […]

News

Nigeria Air: Court grants Ex-aviation minister, daughter, N100m bail each

A Federal Capital Territory High Court, Abuja, granted the former Minister of Aviation and Aerospace, Hadi Abubakar Sirika, bail on Thursday. The ex-minister’s daughter, Fatimah Hadi Sirika, and his inlaw, Jalal Hamma were also granted bail by the court, according to The Punch. The Economic and Financial Crimes Commission charged Sirika, his daughter, son-in-law, and […]

News

Seplat eyes additional 390m gas production by end of 2024

Seplat Energy’s Chief Operating Officer, Samson Ezugworie, has announced plans for the company to significantly ramp up its gas production capacity. Speaking on the sidelines of the Oil Technology Conference in Houston, Texas, Ezugworie revealed that Seplat aims to increase its gas production by an additional 390 million standard cubic feet by the end of […]

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