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Hunger Crisis Aggravates in Nigeria as Inflation Rate Hits 24.08% Amid Forex Scarcity

The hunger crisis is heading to the ocean of calamity as the July 2023 rate showed an increase of 1.29% points when compared to the previous month’s which was 22.79%. The figures from the National Bureau of Statistics (NBS) as revealed in its Consumer Price Index (CPI) report released on Today calls for concern. The […]

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Business

Facebook Tops Social Media Advertising by 90% Instagram & TikTok Fall Behind with Brands Spent of $189.5bn

Although the social media landscape is constantly changing and evolving, with new players fighting for attention from audiences and marketers, no platform stands close to Facebook when it comes to social media advertising. The social media giant, which has an active user base of close to 2.9 billion, remains the most important platform among marketers […]

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FinTech

Bitcoin’s Lack of Volatility Affecting Market Stability, Says deVere Group CEO

Bitcoin, previously known for its ‘wild price swings’, is now trading sideways which is both a blessing and a curse for investors, affirms the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The analysis from deVere Group’s Nigel Green comes as volatility for major cryptocurrencies including Bitcoin and […]

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From Anatomy Labs to Fintech: What Biology Taught Me About Product Systems

My product management philosophy was shaped by dissecting human cadavers. This is not the typical origin story for a fintech product leader. Most of my peers come from computer science or business backgrounds. I come from anatomy labs at the University of Ilorin, where I spent years studying how biological systems interconnect. The transition seemed […]

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Business

Traditional Leaders & Residents of Ibeju Lekki Applaud Dangote Refinery CSR Activities

Residents of Ibeju Lekki, Lagos have showered encomium on the Management of Dangote Refinery concerning its social responsibility initiatives. The residents, which included a committee of traditional leaders also expressed appreciation to the company for providing vital infrastructure for their communities, repairing all the entrance roads of the 15 host communities by grading, sand filling, […]

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News

Sophos Uncovers Four Devastating Prominent Ransomware with Three Sharing Playbooks

Sophos, a global leader in innovating and delivering cybersecurity as a service, has released new findings on the connections between the most prominent ransomware groups this past year, including Royal, in its report, “Clustering Attacker Behavior Reveals Hidden Patterns.” Over the course of three months beginning in January 2023, Sophos X-Ops investigated four different ransomware […]

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Business

Vertiv Second Quarter Report Indicates Strong Performance Recording $206bn Profit & Unveils Q3 Plan

Vertiv Holdings Co, a global provider of critical digital infrastructure and continuity solutions, has reported financial results for its second quarter ended June 30, 2023. Vertiv reported second quarter net sales of $1,734 million, an increase of $335 million, or 24%, compared with last year’s second quarter and a 25% organic net sales increase, which […]

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Business

Again, Braintree Wins Diamond Partner LS Retail Award

Braintree, a Microsoft Gold Certified Partner, continues its victorious march in 2023 by clinching the LS Retail Diamond Partner award for the fourth consecutive year. This prestigious recognition further cements Braintree’s standing as a trusted digital solutions provider for Africa’s retail and Fast-Moving Consumer Goods (FMCG) sectors. LS Retail, a globally recognized provider of comprehensive […]

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FinTech

From Anatomy Labs to Fintech: What Biology Taught Me About Product Systems

My product management philosophy was shaped by dissecting human cadavers. This is not the typical origin story for a fintech product leader. Most of my peers come from computer science or business backgrounds. I come from anatomy labs at the University of Ilorin, where I spent years studying how biological systems interconnect. The transition seemed […]

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News

Nigeria Ranks No 1 Globally as Country with No Pornography Restrictions & Poorest in Internet Usage

In a new study conducted by experts at Proxyrack and have analysed the percentage of the population using VPNs, the restriction status of pornography, VPNs, and torrents, as well as the percentage of internet users in each country of the 10 selected countries of the world, Nigeria appear on top of the ranking. Nigeria is […]

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