Category: News

Nigerian ride-hailing drivers launch SimpliRide to rival Bolt, Uber

A group of Nigerian ride-hailing drivers have launched SimpliRide, a locally developed app aiming to...

Carmakers granted temporary exemption from Trump’s Canada, Mexico tariffs

United States President Donald Trump announced a temporary exemption for carmakers from a new 25%...

Nigeria achieves record peak power generation of 5,801.84MW – TCN

Nigeria’s electricity sector has achieved a significant milestone, reaching an available power generation capacity of...

NITDA warns Nigerian website owners of critical WordPress plugin flaw

The National Information Technology Development Agency has issued a warning to Nigerian website owners regarding...

Telecom industry to reach $1.3trn revenue by 2028 – PwC Report

PricewaterhouseCoopers’ Global Telecom Outlook 2024-2028 projects that the telecommunications industry will generate $1.3 trillion in...

Maritime experts endorse return of cargo tracking note

Maritime stakeholders have endorsed the reintroduction of the International Cargo Tracking Note at Nigerian ports,...

AfDB to provide $230m trade finance package for Access Bank

The African Development Bank is set to roll out a $230 million trade finance package...

OpenAI to charge up to $20,000 a month for specialized AI ‘agents’

OpenAI may soon launch a range of specialized AI “agents,” with prices reaching as high...

YouTube introduces ad free plan to compete with Netflix, Disney

Alphabet Inc.’s YouTube has unveiled a new $7.99 monthly subscription service, “Premium Lite,” designed for...

ByteDance increases share buyback offer amid TikTok uncertainty

The Chinese parent company of TikTok, ByteDance, has launched a new share repurchase program for...

Dangote hails First Bank’s Eko Atlantic move as game-changer

The Chairman of Dangote Group, Aliko Dangote, has described First Bank’s decision to build a...

New tariffs raise concerns over US car price hikes

The auto industry in the United States are preparing for higher costs and significant disruptions...