Category: News

Instagram’s Edits app records 7m downloads on debut, surpasses CapCut

Meta’s latest release, Instagram Edits, has made a striking entrance into the video editing space,...

Lagos adds 3,941 new parking slots to combat traffic congestion

The Lagos State Government has added 3,941 new parking slots at key locations across the...

CBN raises over ₦1tn at OMO auction amid liquidity surge

The Central Bank of Nigeria raised ₦1.008 trillion at its OMO auction on Friday, April...

Musk’s wealth Jumps $18.2b after Tesla’s strongest gain in months

Elon Musk’s personal fortune jumped by $18.2 billion on Thursday, after Tesla Inc. shares recorded...

FBI arrests US judge over alleged assistance to undocumented immigrant

The Federal Bureau of Investigation arrested a United States judge on Friday for allegedly helping...

WhatsApp, Meta fined $220m for data discrimination 

The Nigeria Competition and Consumer Protection Tribunal has ordered WhatsApp and Meta Platforms Inc. to...

Revolut reports $1bn profit in 2024

Digital banking giant Revolut has posted a record net profit of $1 billion (£790 million)...

IMF urges Nigeria to broaden tax revenue base

The International Monetary Fund has urged the Nigerian government to expand its tax revenue base...

MTN confirms cyberattack, says core systems remain unaffected

Africa’s largest telecom operator, MTN Group has disclosed a cybersecurity breach that exposed personal data...

No more dumping, FG bans waiver for threaded pipes importation

The Federal Government has officially prohibited the issuance of waivers for importing threaded pipes used...

OpenAI unveils lightweight tool for ChatGPT users

OpenAI has launched a new “lightweight” version of its deep research tool within ChatGPT, making...

Meta expands Threads ads globally amid rising competition with X

Meta has announced a global expansion of ads on its Instagram-linked app, Threads, just months...