Opay to remove fraudulent accounts from system
Leading fintech company in Nigeria, OPay, has announced that it will be purging fraudulent accounts from its system starting March 1, 2024.…
market
Inflation’ll drop to 21.4% in 2024 – CBN gov
The Governor of the Central Bank of Nigeria anticipates that headline inflation will decrease to 21.4 percent in 2024. This projection was…
eBay plans to lay off 1,000 workers
Alex Omenye E-commerce giant eBay said on Wednesday that it intends to lay off 1,000 workers, or around 9% of its staff…
US mission in Nigeria launches tech centre in Lagos
Alex Omenye The United States Mission in Nigeria has launched an advanced American Space in Lagos, named the American Corner Lekki. The…
Nigerian edtech startup AltSchool launches in Kenya
Nigerian edtech startup, AltSchool Africa has opened up in Kenya, its second biggest market by revenue, the company’s co-founder, Adewale Yusuf disclosed.…
FG plans to sell five power plants for $1bn
The Federal Government, through the Bureau of Public Enterprises, is now conducting transactions to sell five power plants under the National Integrated…
Chery Automobile sales increase by 52.6%
Chery Automobile says it sold 1,881,316 automobiles in 2023, a 52.6 per cent increase over the previous year. The PUNCH reported that…
Nigerian market not ready for electric vehicles – Stakeholders
Industry experts have warned against early adoption of electric vehicles in Nigeria. According to The PUNCH, they cited inadequate power supply, a scarcity…
X replaces SMS 2FA support with passkeys on iOS
X, previously known as Twitter, announced on Tuesday the introduction of support for passkeys, a newer and more secure method of logging…
TikTok lays off 60 staff
TikTok has recently undergone a workforce reduction of approximately 60 positions, primarily in sales and advertising, marking the latest instance of a…
FG opens applications for Girls in ICT competition
The Federal Government through the Ministry of Communications, Innovation and Digital Economy, opened the portal for applications for Nigerian girls to participate…
Lagos shuts down Lekki Conservative Centre
The Lagos State government, through the Lagos State Safety Commission, has ordered the immediate shutdown of the Lekki Conservation Centre. In a…