CBN, NIBSS partner to launch BVN platforms for Nigerians abroad
The Central Bank of Nigeria in partnership with the Nigeria Inter-Bank Settlement System has unveiled the Non-Resident Bank Verification Number platform, a…
News
Microsoft to cut 6,000 jobs amid rising AI investment costs
Microsoft announced Tuesday it will lay off approximately 6,000 employees—less than 3% of its global workforce—as the tech giant seeks to control…
Nvidia CEO Jensen Huang’s wealth rises to $120bn amid AI chip boom
Nvidia CEO Jensen Huang’s personal fortune has surged to an estimated $120 billion, up from $80 billion a year ago, as demand…
Jumia launches third-party logistics to boost profitability
In a major strategic shift, African e-commerce giant Jumia has launched Jumia Delivery, a logistics service now available to third-party businesses, including…
Apple expands emergency satellite features to iPhone 13 update
Apple has rolled out iOS 18.5, extending its emergency satellite capabilities to iPhone 13 users for the first time. Previously, this life-saving…
Spotify adds voice commands to AI DJ feature
Spotify is enhancing its AI DJ feature to feel more interactive, allowing users to make voice requests for song choices or playlist…
Kenya to ban cashless-only payments for small transactions
A new bill before Parliament could soon make it illegal for Kenyan businesses to refuse cash for purchases under Ksh100,000 ($775), in…
Nigerian telecom users may pay higher charges in new tax law
Nigerian telecom subscribers could soon pay 5% more for calls and data as the Senate passed the Nigeria Tax Bill 2024 on…
Opera expands reach of MiniPay stablecoin wallet for African users
Norwegian tech firm Opera has launched its stablecoin wallet app, MiniPay, as a standalone iOS application, expanding access across Africa for the…
Harvard hit with another $450m funding cut by Trump administration
The Trump administration announced on Tuesday that it is cutting an additional $450 million in federal grants to Harvard University, adding to…
FG approves Medipool to distribute essential healthcare products nationwide
The Coordinating Minister of Health and Social Welfare, Prof. Ali Pate, revealed that the Federal Executive Council has approved Medipool, a group purchasing…
Samsung unveils slimmest smartphone yet in strategic move against Apple
Samsung Electronics has launched its slimmest flagship smartphone to date — the Galaxy S25 Edge — in a bold move to outpace…