Business

FairMoney Boosts Customers’ Banking Experience with 30% Interest Increase

FairMoney, a financial service provider, made a significant update to all its savings services, delivering some of the highest interest rates in the Nigerian financial market. This increase underscores FairMoney’s ongoing commitment to providing exceptional value and supporting customers’ financial growth. Given the current high inflation of 32.7% as of September 2024 as released by […]

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Business

Dangote’s Investment in Nigeria’s CNG Projects Hits Over $280m, Now Largest CNG Operator

Dangote Cement Plc has made significant investments exceeding $280 million in compressed natural gas (CNG) technology and infrastructure. Nigerian President Bola Tinubu, whose commitment to CNG deployment and clean energy is unmatched in Africa, has maintained his administration’s drive to create a conducive environment for private sector investments and expand Nigeria’s CNG infrastructure to enhance […]

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Internet

Starlinks Halts Service Price Hike to Appease Consumers Amid Regulatory Challenges

Starlink has announced the reversal of its recent service fee increase in Nigeria. This decision comes as a welcome relief to Nigerians who have been eagerly awaiting affordable internet solutions. According to the world’s provider of satellite launch services, “Last month, we increased the monthly service price for Starlink in Nigeria to account for inflation, […]

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Business

World Bank, Others Set to Boost Nigeria’s 90,000km Fibre Project with $2bn Financing, Says Minister

The World Bank has provided a significant boost to Nigeria’s efforts to deploy 90,000 km of fibre across the country. According to the Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijani, who announced the development on his X account, the global bank, discussions were underway with bankers, including the World Bank, to raise […]

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Business

Cybercrime Activities Spin Out of Control as Criminality Extends to Mobile Devices & IoT, Warns NITDA Boss

The interconnectivity of smart devices and Internet of Things (IoT) is spinning cybercrime activities out of control. The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, who gave detailed complexities of cybercrime, in a paper titled “Alternative to Cybercrime” at the National Cybercrimes Summit 2024, organised by the Economic and Financial […]

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Business

Sahlgrenska Global Health Hackathon Set to Kick-off

Today marks the exciting launch of the Sahlgrenska Global Health Hackathon (SGHH) at Park Annual in Gothenburg, kicking off a year-long, global collaboration (co-action) focused on addressing critical global health challenges. Gothenburg, Sweden: The Hackathon SGHH unites individuals from across three continents, six countries, and nine healthcare innovation hotspots-bringing together students, researchers, professionals, innovators and […]

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Business

Ecobank Splashes N16m  on Winners of Super Rewards Millionaire Geng Promo

Ecobank Nigeria has awarded N16 million in cash rewards to customers since the launch of its Super Rewards Millionaire Geng Promo in July 2024. Mr. Otega Odjegba, the Regional Head of Ecobank’s Apapa-Isolo Region, shared this information during a recent monthly and quarterly raffle draw held in Lagos. This six-month campaign, which will run until […]

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Business

EFCC Drops all Charges Against Binance’s Gambaryan, Sights Diplomatic Reasons

Economic and Financial Crimes Commission (EFCC), has withdrawn all charges against Tigran Gambaryan, the head of financial crime compliance for the Binance Security and Investigations team. Ekene Iheanacho, a lawyer representing the Economic and Financial Crimes Commission (EFCC), announced his release today at the Federal High Court in Abuja. The EFCC’s lawyer said Gambaryan, a US […]

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News

South African Web Hoster, HOSTAFRICA Acquires Nigeria’s Webmanager.ng

South African web hosting company HOSTAFRICA has acquired webmanager.ng, one of Nigeria’s fastest-growing web hosting providers. The business announced the move recently, stating that it is HOSTAFRICA’s fourth investment in the vibrant West African region, which it believes has potential due to a thriving innovation environment and increasing use of the internet. “It is an […]

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Business

No Fresh Case Filed Against NNPCL, Others, Says Dangote Group

The Dangote Group has said that the recent crisis with the NNPCL was an old issue that started in June and culminated in a matter being filed on September 6, 2024 In statement, the Group said the parties are in discussion since the President Bola Tinubu’s directive on Crude Oil and Refined products sales in […]

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