Category: News

E-Payment transactions surged 89% to N257.7tn in Q1’24

Electronic payment transactions in Nigeria rose by 89 percent to N257.73 trillion in the first...

SEC virtual CMC meeting to boost market confidence

The Securities and Exchange Commission of Nigeria has announced there will be a virtual Capital...

Osimhen, Fireboy, Veekee James others make Forbes 30 Under 30

Five Nigerians have been recognized by Forbes Magazine in its 30 Under 30 Africa Class...

Nigeria, 14 others have low credit ratings – World Bank

Nigeria and 14 other countries have been identified by the World Bank as having weak...

Meta to temporarily shut down Threads in Turkey

Meta announced on Monday its decision to temporarily close Threads in Turkey starting April 29,...

Adobe to develop AI video creator

Adobe is in the process of developing an AI model designed to generate video content,...

Wema bank tightens security after losing N658m to fraud

Wema Bank boasting of ₦1.8 trillion ($1.6 billion) in consumer deposits has disclosed ₦685 million...

Nigeria Exchange in decline two weeks in a row

For the second consecutive week, the NGX experienced a downward trend, with a 1.09% decline...

OpenAI expands to Japan with new office launch

The artificial intelligence startup, OpenAI, moved into the Japanese market on Monday with the inauguration...

Samsung overtakes Apple as top phonemaker after iPhone shipments drop

Samsung has overtaken Apple as the phonemaker after Apple experienced a roughly 10% decline in...

Institute urges FG to carry out technical audit of power infrastructure

The Nigerian Institute of Electrical and Electronic Engineers has urged the Federal Government to embark...

Finance minister hails SecureID over digitisation efforts

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has commended...