JUST IN: CBN Hike Interest Rate to 24.75 %

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate by 200 basis points to 24.75 percent. This is according to a…

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About $900bn Telecoms Market Revenue Opportunity Ready for Telecoms Operators Investing in Cloud & API Services in 2024

Telecoms operators will find revenue growth through the monetisation of enterprise markets, such as cellular IoT, to capitalise on the $900 billion global telecommunications market this year. Despite their significant…

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MTN Exiting Two African Countries to Focus on Huge Revenue Markets

MTN Group has decided to withdraw from two West and Central African markets, as outlined in its recent 2023 report. The telecom giant has agreed to sell its equity interests…

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EU Launches Probe into Meta, Apple and Alphabet Under Sweeping New Tech Law

 The European Union on Monday began an investigation into Apple, Alphabet and Meta in its first probe under the sweeping new Digital Markets Act tech legislation. “Today, the Commission has…

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RETALIATION: China Bans Intel and AMD Chips from Government Kit

Another inevitable wave of reciprocal banning has emerged from China, which now seems to want only Chinese hardware and software on government PCs and servers. The FT was the first…

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Officer in Custody of Escapee Binance Executive Nadeem Anjarwalla Arrested by NSA

Nadeem Anjarwalla, an executive of cryptocurrency platform, Binance, has escaped from custody, according to the Office of the National Security Adviser (NSA), however, the officer in custody of the escapee…

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Nigeria Files Tax Evasion Charges Against Binance

In a significant move aimed at upholding fiscal responsibility and preserving the economic integrity of the nation, the Federal Government has taken legal action against Binance, a prominent cryptocurrency exchange…

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Schneider Electric Collaborates with NVIDIA on Designs for AI Data Centres

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced a collaboration with NVIDIA to optimise data centre infrastructure and pave the way for groundbreaking advancements in…

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NDPC to Partner Ondo to Upskill Youths, Create Jobs in Data Protection

The Nigeria Data Protection Commission (NDPC) has expressed its readiness to work with the Ondo state government to promote a culture of Data Protection that would also help create employment…

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