POS transactions reduce by N226bn as currency circulation increases
The first quarter of 2024 witnessed a notable decline in Point-of-Sale transaction values in Nigeria, reflecting a decrease of N225.73 billion compared…
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Do these seven things if your phone is hacked
In today’s digital age, where smartphones have become indispensable, falling victim to phone hacking can have devastating consequences. From blocked access to…
Coca-Cola partners Microsoft for cloud computing
Microsoft on Tuesday, revealed that Coca-Cola has entered into a $1.1 billion five-year agreement to leverage its cloud computing and artificial intelligence…
EFCC arrests Buhari ex-minister over alleged N8bn Nigeria Air fraud
The Economic and Financial Crimes Commission has arrested the former Minister of Aviation, Hadi Sirika, over an ongoing N8,069,176,864.00 money laundering probe.…
Gay dating app Grindr faces lawsuit for allegedly sharing users’ HIV status
A London-based law firm announced on Monday that it is initiating a mass data protection lawsuit against the gay dating app Grindr,…
CBN sells dollars to BDCs at N1,021/$ as naira falls
The Central Bank of Nigeria has issued a circular to all Bureau De Change operators, detailing a new initiative to directly sell…
NNPCL, partner unlock 12,000bpd production at Awoba Field
The Nigerian National Petroleum Company Limited has partnered with Newcross Exploration and Production Limited to restart production from the Awoba field which…
GTCO to pay shareholders N94bn dividend for 2023 financial year
Shareholders of Guaranty Trust Holding Company Plc are set to receive a total dividend of N94.180 billion for the financial year ending…
Microsoft introduces low price AI model for global users
Microsoft has introduced a more affordable AI model called Phi-3, aimed at users who may find the cost of its larger counterparts…
FCCPC summons owner of Chinese supermarket rejecting Nigerian shoppers
The Federal Competition and Consumer Protection Commission has demanded the presence of the owner of a Chinese supermarket in the Federal Capital…
FG to unbundle 11 Discos for more efficiency
Power distribution companies in Nigeria are currently being unbundled for more efficiency the Federal Government declared on Monday. It stressed that the…
US will ‘trample’ free speech with TikTok ban, says app
TikTok has reiterated its concerns regarding freedom of speech in response to a bill approved by the House of Representatives, aiming to…