For years, social media companies have been offering free services, with billions of people using them in return for watching ads and providing some user data. But the global economic conditions and falling ad revenues have made even the largest social media giants shift their strategies, with many now offering subscriptions. According to data presented […]
Read MoreBinance Labs, the venture capital and incubation arm of Binance has committed $15 million into Xterio, a Web3 game platform and publisher bridging free-to-play and on-chain gaming with in-house and third-party games currently in development. The company plans to use this investment to further game and tech development, including integration of AI, and the launch […]
Read MoreThere is a severe need for funding in the upstream and midstream segment of the energy sector in Nigeria, and relevant success stories from the country will facilitate these investments, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown, has said. He said attracting the necessary funding will be dependent on regulatory reforms, fiscal […]
Read MoreMTN-backed African superapp Ayoba has partnered technology studio Adanian Labs to launch a Nigerian accelerator programme. The programme officially opens for applications on Monday; businesses have two weeks to apply through the Adanian Labs website. In a statement, Ayoba said the SME accelerator aims to address the challenges faced by small businesses, including limited access […]
Read MoreEcobank has introduced foreign currency transfer into its Ecobank Mobile and Omnilite apps that allows the recipient gets immediate credit in the target country’s local currency. Customers can now transfer money in seconds to 33 African countries where Ecobank Group operates. Announcing this new development in Lagos, Head, Consumer Banking, Ecobank Nigeria, Korede Demola- Adeniyi, […]
Read MoreA book by the Head of Media Relations at the Nigerian Communications Commission (NCC), Dr Omoniyi Ibietan, will be formally presented to the public by publishers of the book have said. Premium Times Books said in a statement on Monday that the unveiling ceremony of Cyber Politics: Social Media, Social Demography and Voting Behaviour in […]
Read MoreSeplat Energy Plc, a Nigerian independent energy company listed on both the Nigerian Exchange (NGX) and the London Stock Exchange (LSE) has emerged as winner of the ‘Excellence in Energy Leadership Company of the Year 2023’ award at the Excel Africa Excellence in Corporate Enterprise and Leadership Awards. Its Chief Executive Officer, Mr. Roger Brown […]
Read MoreA new year brings a new wave of cyber incidents for the crypto sphere. According to the analysis by the Atlas VPN team, various crypto projects and their clients lost a whopping $666,354,302 to 125 cyberattacks in the first half of 2023. Nevertheless, compared to the same period last year, crypto-related cyber incidents and losses […]
Read MoreTech firm HP, in partnership with Microsoft and T4 Education, has named Simi Nwogugu, CEO of JA Africa, as the winner of the Africa Education Medal 2023. The Africa Education Medal was founded last year with the aim of honouring individuals who have demonstrated impact, leadership, and advocacy in education. Nwogugu is based in Nigeria […]
Read MoreNestlé Professional continued its project to foster economic growth among food vendors in Nigeria hosting over 300 participants including food vendors, chefs, canteen and restaurant operators as well as culinary school students were trained on how to improve their food businesses at a Business of Food workshop in Ilorin. The training covered various aspects of […]
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