News

Phubbing to Crash Marriages by 2024 as 71% of Couples Spend More Time on Phones

Couples have been warned that millions of marriages are at risk as new data reveals over half of lovers prefer the company of their smartphone to their partner. Phubbing is now predicted to become the biggest divorce trend of 2024, according to the phone experts at SellCell. A person looking at a phone while a […]

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News

JUST IN: Anambra State Begins Zero Right of Way Implementation as Against FG Approved N145 Per Linear Meter

Professor Charles Soludo’s Government of Anambra State has started the implementation of zero charges on Right-of-Way per linear meter. By implication, Anambra prides itself as the first State in South-East Nigeria to implement the waiver of the per linear meter Right of Way (RoW) charges as opposed to the N145 per linear metre recommended by […]

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Business

Global TikTok Downloads Hit 2.7 Million Daily

TikTok continues to enthrall the social media landscape, cementing its position among innovative platforms in the field. This strong foundation has enabled the short video-sharing app to register resurgent downloads, aiming to exceed the levels seen during the pandemic. As per data acquired and calculated by Finbold, TikTok’s global quarterly downloads for Q2 2023 reached […]

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Business

MoMo Set to Enable Inbound/Outbound Transfer Capabilities Across Africa

MoMo Payment Service Bank (MoMo PSB) and Saana Capital LLC (“Brij”), a Central Bank of Nigeria (CBN) licensed International Money Transfer Operator (IMTO), have unveiled strategic partnership to facilitate seamless inbound and outbound transfers across Africa, as well as convenient bill payment services. The collaboration between MoMo PSB and Saana Capital LLC (“Brij”), marks a […]

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Business

Nigeria Sovereign Investment Authority $500m Infrastructure Fund Raises Dust Among Lawmakers

Nigeria’s House of Representatives Ad-hoc Committee has initiated a probe into the activities of the Nigeria Sovereign Investment Authority (NSIA) since its establishment. Aminu Umar-Sadiq, the CEO of NSIA, revealed that the organisation has allocated more than $500 million towards domestic infrastructure projects and over $1 billion in third-party investments for Nigeria. Umar-Sadiq made the […]

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News

Danbatta Recounts Impact of NCC Local Content Policy, Says Business in Excess of N55bn Created

The local content polices of the Nigerian Communications Commission (NCC) has through Nigeria’s telecommunications industry created business in excess of N55 billion. Also the NCC policy ban on importation of whole￾body SIM cards has eased the burden on our demand for foreign exchange. The Executive Vice Chairman of the NCC, Prof Umar Danbatta made who […]

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Business

18 Entrepreneurs Seek $49.6m Intervention at Africa Social Impact Summit

African inventors and entrepreneurs are seeking $49 million from investors at the just concluded Africa Social Impact Summit (ASIS) to scale up their businesses. This is contained in a statement signed by Mrs Olapeju Ibekwe, Chief Executive Officer (CEO), Sterling One Foundation, made available to newsmen on Tuesday in Lagos. The News Agency of Nigeria […]

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Business

POLICY: Nasarawa State and NASENI Mulls Partnership On Local Lithium Processing

The Nasarawa State Government and the National Agency for Science and Engineering Infrastructure (NASENI) are set to partner on a lithium processing policy that would ensure that Lithium mined in the State is processed locally instead of exporting it raw. The processing policy is in line with NASENI’s drive to encourage the processing of Strategic […]

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News

Adobe Co-founder Dr John Warnock Dies Aged 82

Dr John Warnock, co-founder of computer software company Adobe, passed away on Saturday at the age of 82. He is survived by his wife Marva and three children. Warnock co-founded Adobe in 1982 with Dr Charles Geschke after they met as colleagues at Xerox. In a statement, Adobe says the duo’s first product was Adobe […]

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Business

Photo and Video Apps Surge in Five Years Hitting $12bn

As a key part of the social media experience, photo and video sharing has evolved over the past years. Today, photo and video apps have more users than ever, thanks to hundreds of millions of people willing to spend money on brushing up their digital presence and creating nice pictures. According to data presented by […]

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