Buhari Needs Senate Approval for $800m Loan to Cushion Fuel Subsidy Removal Effects

President Muhammadu Buhari has sent a letter to the Senate seeking approval to take a loan to the tune of $800 million from the World Bank to cushion the effects…

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Twitter to Introduce Audio & Video Calls, Encrypted Messages

Twitter Inc Chief Executive, Elon Musk has revealed details about new features including adding calls and encrypted messaging coming to the social media platform. Last year, Musk flagged plans for…

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Abuja High Court Bars NBC from Imposing Fines on Broadcast Stations

A Federal High Court Abuja, on Wednesday, gave an order of perpetual injunction restraining the National Broadcasting Commission (NBC) from imposing fines, henceforth, on broadcast stations in the country. Justice…

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Glovo Expands Presence in Nigeria with Second Digital Supermarket

Glovo, a multi-category digital application, has expanded its operations in Nigeria with the opening of a second digital Micro-Fulfillment Centre (MFC) for improved service delivery and better customer satisfaction. Glovo’s…

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Content Creator Market Value Hits $104.2bn Jumping by 40% with TikTok & Youtube as Money Machine

The creator economy has seen impressive growth over the past years, with the entire market reaching $104.2bn value in 2022. The surging number of bloggers, social media influencers, podcasters, TikTokers,…

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Respite for Power Consumers in South East & More Investment as VP Lights-On Afam 3 Power Plant

There is now respite for the people of the South East on electricity power supply following the commissioning by the Nigerian Vice, President Yemi Osinbajo of the 240MW, AFAM 3…

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CBN to Sanction Shipping Companies Exporting Undocumented Cargoes

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emiefele, has read out a riot act to shipping companies exporting undocumented cargoes from the shores of the country.…

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MainOne Expands Global Interconnection Capabilities with Equinix Fabric

West Africa’s connectivity and data center services provider, MainOne, an Equinix Company has enhanced its interconnection capabilities by using Equinix Fabric to extend its network reach and provide its enterprise…

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Binance Rejigs Crypto Investment with New Auto-Invest Tool

Whether you’re new to investing in cryptocurrency, still trying to get your head around currency that can’t be stashed in your wallet, or a seasoned trader, chances are you’ll appreciate…

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How Fraud & Error Make Companies Lost Millions During Software Procurement

Organisations are losing hundreds of millions of money due to fraud, error and negligence in software procurement and licence renewals. This is according to Leon Steyn, CEO of boutique IT…

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