Business

LG Electronics Showcases Latest Hitech Commercial Air Conditioner  at Summit, Assures of More Innovative Solutions in Africa

LG Electronics, a global pioneer in household and commercial electronics, has unveiled its latest advancements in HVAC technology at the Annual LG HVAC Consultant Leaders’ Summit held in Lagos. The event spotlighted the company’s new commercial air conditioner, the Variable Refrigerant Flow (VRF) System, and the Multi V 5 air quality solution, all designed to […]

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Business

CBN Pegs Daily Limit Transaction for PoS Agents at N1.2m & Customer Daily Withdrawal  N100,000

The Central Bank of Nigeria (CBN) has restricted Point of Sales (PoS) agents to a daily transaction limit of N1.2 million. This was revealed in its ‘Circular on Cash-Out Limits for Agent Banking Transactions’. According to the circular, the development is in the apex bank’s effort to advance a cashless economy. “The Bank hereby releases […]

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News

Citizens Across Six Cities to Enjoy Over 6,000 Meals from Airtel Gesture Yuletide Campaign  

Airtel Nigeria has commenced its annual 5 Days of Love campaign, a philanthropic initiative designed to spread the joy and warmth of the festive season by feeding thousands of underprivileged Nigerians and supporting communities across the country. Marking its 10th edition, this year’s campaign themed ‘5 Days; 6 Cities; 6,000 Meals’ successfully kicked off in […]

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Business

Apple Tops Smartphone Market Share by 27.7% as Samsung Aheads On by 4.5% 

For almost 15 years, tech giants Apple and Samsung have been competing for the title of the world’s largest smartphone vendor. Samsung held the lead most of the time, but things changed in January 2023 when Apple took the top spot. Since then, the US tech titan has stayed ahead, holding the largest share of […]

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Business

Foundations Light Up Lives of Citizens with The Bold Christmas Project 

Dolly Children Foundation and Flourish Roots Foundation collaborated to carry out the eagerly awaited BOLD Christmas Project, a touching program that has grown to be a mainstay of holiday cheer and generosity. 100 children and their families were impacted by the foundations’ successful efforts to spread holiday cheer to underprivileged communities during the event, which […]

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Gadgets and Device

NCC Type-Approved Phones Hit 2,346 as 88 Types Enter Nigerian Market in June

The Nigerian Communications Commission (NCC) has released the lists of numbers mobile phones that were approved in the last few months. According that the statistics published by the Commission on its website the current of numbers of the type-approved phones in Nigeria is at 2,346. To ensure maximum interoperability and affordability for consumers, the Type […]

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Business

Billing-to-Payment Platform Startup Billboxx Closes $1.6m Pre-seed Funding to Tackle Cashflow

Nigerian startup Billboxx, an integrated billing-to-payment platform aimed at ensuring timely payments for businesses across Africa, has closed a $1.6 million pre-seed funding round to help it tackle the critical cashflow challenges faced by SMEs across Africa. Founded in early 2023 by Justus Obaoye and Abdulazeez Ogunjobi, Billboxx has built an integrated billing-to-payment platform that streamlines billing […]

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FinTech

EFCC BIG FEAT: Arrests 193 Foreigners, 599 Others for Alleged Crypto Fraud

The Economic and Financial Crimes Commission (EFCC) has revealed a landmark arrest of a total number of 792 suspects for offences bordering on cryptocurrency investment fraud and romance scam. EFCC’s Director of Public Affairs, Wilson Uwujaren, who briefed journalists at the commission’s office in Lagos on Monday said the suspects were apprehended on Tuesday, December […]

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Business

NITDA Underscore Safe and Responsible Data Utilisation for Thriving Digital Economy

The National Information Technology Development Agency (NITDA) has underscored the critical role of data in driving a sustainable digital economy. Speaking at the just concluded 2024 Digital Nigeria Innovation Challenge, NITDA’s Director General, Kashifu Inuwa harped on the need for safe and responsible data utilisation. Inuwa highlighted the importance of data sovereignty in ensuring Nigeria’s […]

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Technology

Nigeria Mulls Online Protection Bill, Seeks Input from Stakeholders

The National Information Technology Development Agency (NITDA) has released a Whitepaper on the Framework for an Online Harms Protection Bill in Nigeria. This pivotal document was developed in collaboration with Advocacy for Policy and Innovation (API), an Africa-focused non-profit dedicated to advancing digital innovation and inclusive policy development. According to a statement from the Director, […]

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