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Software

German Software Giant SAP Fined $220m for Corrupt Offenses in Seven Countries

German-multinational software giant SAP has agreed to pay a criminal fine of over $220 million  to the US, following investigations into corruption committed in seven countries including South Africa. According to a statement released by the US Justice Department, SAP will pay the fines to both the US Securities and Exchange Commission (SEC) and the US Justice […]

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News

Lagos to Host Nigeria’s Artificial Intelligence Summit Next Month

AI in Nigeria is thrilled to announce its groundbreaking artificial intelligence (AI) conference and hackathon, InnovateAI Lagos 2024. InnovateAI Lagos 2024, which is set to be a pivotal event in the Nigerian artificial intelligence industry is themed: “Adapting AI For Nigeria: Crafting Intelligent Solutions For Our Unique Landscape” and will explore the transformative power of […]

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Business

Airtel Plans to Establish Africa’s Largest Data Centre in Nigeria

The Chief Executive Officer of Airtel Africa, Mr segun Ogunsanya, has disclosed that plans are underway to set up Africa’s largest Data Center in Nigeria. Ogunsanya made this known on Wednesday while interacting with State House Correspondents after his meeting with President Bola Ahmed Tinubu. He commended President Bola Ahmed Tinubu’s FX policy saying it […]

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Business

CBN Appoints New Executives for Union, Polaris, Keystone Banks

Hours after the dissolution of the Board and Management of Union Bank, Keystone Bank and Polaris Bank, the Central Bank of Nigeria (CBN), on Wednesday, appointed new executives to oversee the affairs of the three banks. The apex bank, in a statement by its spokesperson, Sidi Hakama, announced Yetunde Oni as the Managing Director and […]

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Business

Africa’s Blue Economy Set for Boost as BlueInvest Opens Application for 2024 Entrepreneur Contest

AMA PRESS RELEASE   BlueInvest Africa is calling for African entrepreneurs eager to venture into the blue economy. Thirty outstanding projects will be handpicked for presentation to a panel of investors at the second edition of BlueInvest Africa, scheduled to take place in Kenya on 3 and 4 July 2024. The deadline for applications is […]

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Business

Bitcoin Exchange-Traded Funds Approval May Spark Price Increase to About $60,000

The SEC approval of Bitcoin Exchange-Traded Funds (ETFs) signals a landmark moment for both Bitcoin and the broader cryptocurrency market, and could send prices skyrocketing in the longer-term with BTC prices perhaps hitting $60,000 this quarter, predicts the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The bullish […]

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Business

TECNO Kicks-off  2024 with N108m Prizes Give-away in ‘Spark 20 Promo’ Campaign

In a thrilling start to the new year, TECNO is unleashing an exciting promo for its users and customers across Nigeria. This promo promises many fantastic prizes, including cashback, fabulous gifts, and the coveted SPARK 20 phones throughout January 2024.  TECNO is offering its customers and fans an opportunity to win cashback, gifts, and SPARK […]

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Business

Dangote Reclaims Top Position As Africa’s Richest Person

Nigerian businessman and philanthropist, Aliko Dangote, has reclaimed his position as the richest person in Africa, according to Forbes Real-Time Billionaires. Last week, South African business tycoon, Johann Ruper, took over the position from Dangote as African richest. According to the ranking as of January 8, Dangote’s net worth improved by $10 million to $10.1 […]

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BrandTech

Desktop Video Ads Facing Third Year of Decline as Total Spending Forecast to Drop by 1.4% in 2024

Over the past six years, brands and companies worldwide have spent almost $760bn on video advertising. The amount of money spent on video ads per year has jumped nearly five times in this period, rising from $35.5bn in 2017 to $176.6bn last year. And while the global video ad spending is set to grow by […]

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Business

FaceBook Founder, Zuckerberg Finds New Passion in Cattle Rearing, Promised Best Beef

Founder of social media platform, Facebook, Mr Mark Zuckerberg, has found a new passion that no one saw coming. The serial entrepreneur today posted on Facebook his latest passion, said he has started raising cattle at Ko’olau Ranch on Kauai, and that his goal is to create some of the highest quality beef in the […]

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