10 unbelievable things Nigeria imports
Countries around the globe frequently partake in the importation of goods, especially when local manufacturing or production cannot meet the demands of…
Finance
Mercedez mistakenly exposes customers’ data
Mercedes-Benz inadvertently left a significant amount of internal data exposed, after a private key was mistakenly made public, providing “unrestricted access” to…
FCTA approves N7bn for teachers’ salary arrears
The Secretary for Education in the Federal Capital Territory Administration, Dr. Danlami Hayyo, has announced the approval of N7 billion to settle…
FCMB reports gross earnings of N516.8bn in 2023
FCMB Group Plc has released its unaudited annual report and financial statements for fiscal year 2023. The Times reported that the group’s gross…
Moniepoint records 5.2bn transactions in 2023
Nigeria’s payments startup Moniepoint ended 2023 with 5.2 billion transactions over its online, mobile, card, and in-person payment channels, averaging 433 million…
Salesforce cuts workforce by 700
Salesforce is reducing its workforce by approximately 700 positions, accounting for about 1% of its global employee base, as per a Friday…
FG advocates for strict regulation of tobacco industry
The Federal Government has emphasized that the tobacco sector must be strictly regulated in conformity with national legislation and international best practices.…
NGX to draw in more investors – CEO
The Group Managing Director and Chief Executive Officer-designate of the Nigerian Exchange Group Plc, Temi Popoola, has presented a strategy for bridging…
Nigeria, Morocco speed up talks on $30bn gas pipeline
The Federal Government has stepped up talks with the Kingdom of Morocco in an effort to expedite the process of reaching a…
PayPal launches AI-powered products
PayPal on Thursday, announced the launch of innovative products powered by artificial intelligence, including a streamlined one-click checkout feature. This marks the…
Hackers stole $1.7bn crypto in 2023 – Report
In 2023, cryptocurrency platforms experienced approximately $1.7 billion in theft due to hacker attacks, a significant drop of 54.3% from the previous…
W’Bank predicts 3.7% growth for Nigeria’s economy in 2025
The World Bank’s recent report, “Global Economic Prospect: Subdued Growth, Multiple Challenges,” estimated that Africa’s largest economy will grow by 3.3%, up…