Category: News

CBN investigates 19.7m dormant bank accounts

The number of dormant bank accounts in Nigeria has exceeded 19.69 million, according to the...

NGX rebounds as investors gain N505bn

The Nigerian Exchange rebounded on Wednesday, recovering from the previous day’s loss as the All-Share...

Nigeria sues Binance for $79.5bn over alleged economic losses, tax evasion

The Nigerian government has filed a lawsuit against cryptocurrency exchange Binance, demanding $79.5 billion in...

Power generation reaches 5,543MW as govt unveils new plans

The Federal Government has announced plans to move most electricity consumers in Nigeria to Band...

Microsoft unveils Majorana 1, its first quantum computing chip

Microsoft has unveiled Majorana 1 on Wednesday, its inaugural quantum computing chip, marking a significant...

Kuda sued over gender discrimination, wrongful termination in UK

A former executive of Kuda Technologies Limited has filed a lawsuit in the United Kingdom,...

Facebook to delete live videos after 30 days, introduces download options

Facebook announced on Tuesday that live videos will now be stored on the platform for...

HP acquires Humane’s assets for $116m, AI pin sales discontinued

Tech startup Humane announced on Tuesday that HP has acquired most of its assets for...

Ex-OpenAI CTO Mira Murati launches AI startup

Mira Murati, the former Chief Technology Officer of OpenAI, has launched a new artificial intelligence...

NRC committed to making rail transport top choice

The Managing Director of the Nigerian Railway Corporation, Kayode Opeifa, has reaffirmed the corporation’s commitment...

FG lists ₦368.3bn bond, raises market offerings on NGX

The Federal Government of Nigeria has listed a ₦368.3 billion bond on the Nigerian Exchange...

iPhone components maker considers supply chain shift to India

Murata Manufacturing Co., IPhone components maker is considering expanding production in India as part of...