Category: News

TCN suspends AEDC over market participation agreement violation

The Abuja Electricity Distribution Company has been suspended by the Transmission Company of Nigeria for...

Netflix records $9.5bn revenue, adds 8m subscribers

Streaming platform, Netflix has added 8.05 million new paid subscribers in the second quarter of...

Microsoft global outage linked to cybersecurity firm CrowdStrike

An upgrade from cybersecurity company CrowdStrike appears to have partially caused a global computer outage...

African startups backed by Google secure $266m funding

Startups supported by Google for Startups Black Founders Fund in Africa have collectively secured $266...

Abuja court strikes out FG’s N30b illegal ads suit against Meta

The Federal High Court sitting in Abuja has dismissed the N30 billion alleged illegal advertisement...

Elon Musk mocks Microsoft over global disruptions

Billionaire businessman and CEO of microblogging platform, X has mocked the global disruption caused by...

Lagos plans CNG-powered buses by end of 2024

The Lagos State Government has unveiled plans to introduce compressed natural gas-powered buses for public...

Universal Insurance anticipates over N20bn income in 2024 

Universal Insurance Plc has predicted a premium income of N20 billion for the 2024 financial...

FG launch cleantech initiative to empower startups, SMEs 

The Federal Government has unveiled the National Cleantech Innovation Entrepreneurship Ecosystem, an initiative that aims...

Microsoft system glitch causes global disruptions

Businesses worldwide have faced significant disruptions following a series of technical glitches in Microsoft’s systems,...

FG seeks regulations for e-commerce platforms in Nigeria

Federal government intends to create regulations for e-commerce platforms and provide cyber insurance to enhance...

UK finance institution commits $50m to Nigerian businesses

British International Investment, the United Kingdom’s development finance institution and impact investor, has recently announced...