Category: News

Banks refund N7.05bn, $714,569 to customers, says CBN 

The Central Bank of Nigeria has announced that banks operating in the country have refunded...

Most tax evasion cccurs at state level – NFIU

The Chief Executive Officer of the Nigerian Financial Intelligence Unit, Mrs Hafsat Bakari revealed that...

TCN launches Investigation into recent power grid collapses

Federal Government, through the Transmission Company of Nigeria has announced an investigation into the multiple...

Moove expands into Mexico after US entry

One month after launching in the US, Nigerian startup Moove, which provides vehicle financing for...

Apple unveils updated iPad mini with AI features

Apple announced a new version of the iPad mini on Tuesday, marking its first significant...

Instagram introduces new “Profile Card” feature for easy sharing

Instagram is launching a new “profile card” feature, functioning as a digital business card for...

Spotify expands music video testing to 85 new markets

Spotify announced today that it is expanding its testing of music videos to 85 additional...

JP Morgan secures license to open office in Kenya

After a lengthy 12-year wait, US banking giant JP Morgan Chase has received an operating...

GSK sues Moderna for patent infringement over mRNA technology

British drugmaker GlaxoSmithKline has filed a lawsuit against Moderna in U.S. federal court in Delaware,...

Nigeria’s inflation rate hit 32.70% in September 2024

Nigeria’s headline inflation rate rose to 32.70% in September 2024, up from 32.15% in August,...

Nigerian telecoms attracted $304m foreign investments in 2024 H1 — NBS

The Nigerian telecom sector has experienced a significant resurgence in foreign direct investments, attracting $304...

Nigeria positioned to lead IT economy through innovation – HP executive

The Managing Director for HP in Southern Africa, Yesh Surjoodeen, has stated that Nigeria’s increasing...