News

Google Pays Canada Media Can$100m to Use Content to Offset Advert Revenue Loss

Google has paid Can$100 million to Canadian news outlets to use their content on its platform, as part of a deal with the government to offset loss of advertising revenues. Canada passed the Online News Act in 2023, joining Australia and a few countries in Europe in establishing policies to force tech platforms to compensate […]

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Business

Meta Ends Fact-Checking Programmes in The US Over Political Issues

Social media giant Meta announced Tuesday a significant rollback of its content moderation policies, including the termination of its third-party fact-checking program in the United States. “We’re going to get rid of fact-checkers and replace them with community notes similar to X (formerly Twitter), starting in the US,” Meta Founder and CEO Mark Zuckerberg said […]

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Business

Government Plans to Increase Telecoms Tariffs Soon But Not By 100%, Says Minister

The Nigerian Government has confirmed plans to increase telecoms tariffs but assured Nigerians it won’t be by 100% as requested by operators. The Minister of Communications, Innovation, and Digital Economy, Bosun Tijan, made this known at a stakeholders’ meeting in Abuja on Wednesday. He said the Nigerian Communications Commission (NCC) would come up with modalities […]

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Business

Rite Foods’ Sosa Fruit Drink Brand Wins 2024 ‘Innovative Soft Drink’ Award

The Sosa Fruit Drink brand from the stable of Rite Foods Limited, has been recognized as the “Innovative Soft Drink of the Year 2024” by Marketing Space, a brand-focused magazine. Sosa made its entry into the market in 2022, but has grown to become a premium fruit drink with five unique variants; Orange, Apple, Cranberry, […]

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Business

Nigeria Records Huge Forex Inflows in 2024 Rising by 65.7% to Hit $46.92bn

The CBN’s Economic Report for the review period showed that the rise was from $28.31 billion in the corresponding period of 2023. Data from the Central Bank of Nigeria said the net foreign exchange (FX) inflows through the economy rose by 65.7 per cent year-on-year (YoY) to $46.92 billion in the first ten months of […]

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AMA

Diverse Trio of Ambassadors Join Sportsbet.io

AMA PRESS RELEASE Popular crypto sports betting platform Sportsbet.io is welcoming a diverse intake of new ambassadors, with a chef, a singer and a betting tipster joining with a shared goal to spread the word about Sportsbet.io. The first is renowned Nigerian celebrity chef and lifestyle connoisseur Rasheed Sakajojo, better known as Unrashon. He joins the team […]

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Business

KPMG 2024 Customer Experience Survey Ranks PalmPay Top for Excellent Services in Fintech Market

Africa-focused fintech platform, PalmPay has been recognized in the 2024 KPMG West Africa Banking Industry Customer Experience Survey for delivering exceptional customer experiences and surpassing traditional banks in key areas of service delivery. The survey highlights PalmPay’s strong performance across multiple stages of the customer journey, with customers praising the platform’s seamless transaction processing, reliability, […]

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Business

Zinox Demands Public Apology from Human Rights Lawyer Falana Over Defamation, Reputational Damage

Zinox Technologies Limited, has demanded a public apology from human rights lawyer, Mr. Femi Falana over defamation and reputational injury inflicted on the company and its representatives by Falana and his client, Benjamin Joseph, the Chief Executive Officer of Citadel Oracle Concept Limited, an Ibadan-based computer firm. In a statement on Sunday, Zinox referenced recent […]

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First female pilot in China’s Xizang (Tibet): Breaking boundaries in a male-dominated sector

BEIJING, CHINA – Media OutReach Newswire – 4 January 2025 – A large number of Chinese women are breaking the glass ceiling to enter professions that were previously dominated by men. The first female pilot recruited by the People’s Liberation Army (PLA) Air Force in China’s Xizang (Tibet) Autonomous Region has attracted wide attention. According […]

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Business

JUST IN: MTN Nigeria Writes FG, Demands for Tariff Increase, Says ‘This is our Request’

Mobile Telephone Network (MTN) Nigeria has asked the Nigerian Government to consider increasing telecoms tariff in the light of the present economic crisis in the country. Chief Executive Officer of the largest telecoms network in the country, Mr Karl Toriola told Channels Television in an interview during its breakfast program, SunRise Daily that it has […]

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