More than a decade after an acquisition spree that boosted its footprint in sub-Saharan Africa, First Bank of Nigeria Limited is looking to expand into several other countries, including Ethiopia, Angola and Cameroon. Deputy Managing Director, Ini Ebong, said in an interview that “There are a number of large economies with large banking pools that […]
Read MoreThe Aurora Tech Award-an annual award put together to celebrate the boldest and most ambitious female founders in emerging markets, has unveiled the list of participating Nigeria start-ups dominate the list. A statement issued by inDrive, said that out of a record-breaking 2,018 applications from 116 countries, Nigeria leads the longlist with an impressive 21 […]
Read MoreThe Nigeria Police Force National Cyber-crime Centre (NPF-NCCC) has been named the Best Cyber-crime Unit in Africa for 2024 by the INTERPOL Cyber-crime Directorate in Singapore, ranking first among 54 African countries. According to the NPF-NCC, the achievement demonstrates the Nigeria Police Force’s commitment to combating cyber-crime and improving citizens’ digital safety. It went on to say: […]
Read MoreTechnology distribution company in Africa, TD Africa has unveiled its Green Hero Initiative, a groundbreaking program designed to tackle Nigeria’s persistent energy challenges and promote the adoption of sustainable energy solutions. This initiative underscores TD Africa’s commitment to advancing cleaner, more affordable energy alternatives for Nigerian households and businesses. As the cost of fossil fuels […]
Read MoreGoogle 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 […]
Read MoreSocial 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 […]
Read MoreThe 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 […]
Read MoreThe 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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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 […]
Read MoreAMA 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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