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Business

Bankit Africa introduces gamification to boost financial liiteracy

The Chief Executive Officer of Bankit Africa, Yen Choi, announced that the bank has integrated gamification to enhance financial literacy. In a statement on Monday, the neobank revealed that customers can now earn money by playing games on their mobile devices. Choi stated that incorporating game dynamics into banking enables Bankit Africa to go beyond […]

News

Africa’s youth workforce holds key to future economies – PMI boss

The Managing Director of the Project Management Institute, Sub-Saharan Africa, George Asamani, has stated that Africa’s young workforce has the potential to become a major global economic force by 2050, helping to bridge labor shortages in aging economies. This was disclosed in a statement by Asamani in the CitCiting Future of Jobs Report 2025 by […]

Trump considers sanctions against China’s DeepSeek
News

Chinese AI startup DeepSeek upgrades V3 Model, challenging US rivals

Chinese artificial intelligence startup DeepSeek has launched a major upgrade to its V3 large language model, intensifying competition with United States’ tech leaders such as OpenAI and Anthropic. The latest model, DeepSeek-V3-0324, is now available on the AI development platform Hugging Face, marking the company’s latest effort to establish a strong foothold in the evolving […]

Investment company BlackRock launches Bitcoin ETF in Europe
News

Investment company BlackRock launches Bitcoin ETF in Europe

BlackRock has introduced its first Bitcoin exchange-traded product in Europe, aiming to capitalize on the growing demand for cryptocurrency investments in new markets. This move follows the asset manager’s success in the United States, where it has attracted over $50 billion into similar products. The world’s largest asset manager has launched the ‘iShares Bitcoin ETP,’ […]

The president of Signal defended the messaging app’s security on Tuesday after senior Trump administration officials mistakenly included a journalist in an encrypted chat discussing imminent United States military action against Yemen’s Houthis.
News

Signal defends app’s security after US officials’ leak

The president of Signal defended the messaging app’s security on Tuesday after senior Trump administration officials mistakenly included a journalist in an encrypted chat discussing imminent United States military action against Yemen’s Houthis. Signal’s Meredith Whittaker did not directly address the mishap, which Democratic lawmakers have labeled a national security breach. However, in a post […]

Major social media outage disrupts Facebook, Instagram
News

Major social media outage disrupts Facebook, Instagram

A widespread social media outage affected both Facebook and Instagram on Tuesday morning, leaving thousands of users unable to access key features of the platforms. According to Downdetector, reports of issues with Instagram began surfacing around 9 a.m. ET, followed by similar complaints from Facebook users. Instagram users reported that the outage primarily impacted the […]

Apple to evade EU fine with changes to browser options
News

Apple to evade EU fine with changes to browser options

Apple is expected to avoid a potential fine and an order from the European Union regarding its browser options on iPhones after making adjustments to comply with landmark EU regulations, Reuters reported. The European Commission, which launched an investigation in March last year under the Digital Markets Act, is likely to conclude its probe early […]

Business

Pizza Hut staff protest over ‘wage theft’, violations

Workers at Pizza Hut outlets across Scotland, operated by the Glenshire Group, have staged protests over alleged “wage theft” and violations of annual leave and rest break entitlements. Unite the Union has filed two collective grievances on behalf of cooks, cleaners, and delivery drivers. Unite the Union claims Glenshire Brands has systematically undermined the pay […]

Tech

Cassava Technologies, Nvidia partner to launch Africa’s first AI factory

Cassava Technologies, a leading African tech company, has partnered with Nvidia, a global AI computing giant, to launch Africa’s first AI factory in South Africa. This initiative aims to strengthen the continent’s technological landscape by providing advanced AI infrastructure and resources, fostering innovation, and accelerating digital transformation. It also aims to bridge the AI skills […]

Crypto

Trump-Backed crypto bank unveils USD1 stablecoin

World Liberty Financial, a decentralized finance venture backed by President Donald Trump and his family, on Tuesday announced plans to launch a stablecoin named USD1. The company said this digital asset will be pegged to the U.S. dollar and fully backed by short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents. Initially, USD1 […]

Electricity

DisCos’ revenue hits N509.84bn in Q4 2024 amid efficiency boost

The Nigerian Electricity Regulatory Commission reported that Electricity Distribution Companies collected N509.84 billion out of the N658.40 billion billed in Q4 2024. This represents a collection efficiency of 77.44%, an improvement from the previous quarter. This was disclosed in NERC’s 2024 Fourth Quarter Report, published on its website in Abuja on Tuesday. The Q4 2024 […]

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