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 ($594,943) in fraud and forgery losses for…
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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 recorded during the week ending April 12,…
OpenAI expands to Japan with new office launch
The artificial intelligence startup, OpenAI, moved into the Japanese market on Monday with the inauguration of its inaugural Asia office in Tokyo,…
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 smartphone shipments, attributed to heightened competition from…
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 on audit of all power infrastructure assets…
Finance minister hails SecureID over digitisation efforts
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has commended the smartcard manufacturing company, SecureID Limited, for…
PTML Customs generated N67bn revenue in Q1
Nigeria’s Customs Service Port & Terminal Multipurpose Limited Command, has disclosed that it generated a total of N66.9 billion in revenue for…
NCC seizes N300m worth pirated books at Onne Port
The Nigerian Copyright Commission has recently said it intercepted three shipping containers laden with 3000 cartons of pirated books worth about N300…
DisCos struggle to satisfy Band A customers, other Bands neglected
Nigeria’s Electricity Regulatory Commission recently increased electricity tariff by 231 per cent for category A consumers. The new Multi-Year Tariff Order raised…
S’Africa joins Nigeria, to recall toxic cough syrup
The South African Health Products Regulatory Authority has issued a recall for specific batches of Johnson & Johnson’s children’s cough syrup due…
Why many Nigerian fintechs may never make profits – Interswitch CEO
Founder and Group CEO of Interswitch, Mr. Mitchell Elegbe, remarked that numerous fintech ventures in Nigeria might struggle to achieve profitability due…
Top ten Nigeria universities in 2024
Tertiary education in Nigeria constitutes a crucial element of the nation’s educational framework, extending advanced learning opportunities beyond secondary schooling. The Times…