News

Respite for Consumers as MTN Partners Meta to Refine Voice and Video Calling Quality

There is respite for telecoms subscribers across Africa that cherish moments of video and voice conversation and desires streaming time as MTN Group, Africa’s telecommunications service provider, has partnered with Meta to enhance the quality and reliability of voice and video calls on real-time calling applications such as WhatsApp across 12 MTN markets. By optimising […]

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Business

Bill Compelling Facebook, TikTok & Others to Have Offices in Nigeria Passes Second Reading

The Nigerian Senate has passed through second reading a bill seeking to amend the Nigeria Data Protection Act, 2023, to require social media platforms to establish physical offices within the country. The bill, titled ‘ A Bill for an Act to Amend the Nigeria Data Protection Act, 2023, to Mandate the Establishment of Physical Offices […]

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Business

OTT Business Messaging to Increase by 265% Hitting $9.8b as WhatsApp Spearheads Growth with Two Billion Market Share

Global revenue from over the top (OTT) business messaging will increase from $3.6 billion in 2025 to $9.8 billion in 2029. This sizeable growth of 265% will be driven by WhatsApp’s transition to a per message pricing model. WhatsApp is the largest OTT messaging application in the world, with more than 2 billion users globally, […]

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News

Meta Ends Fact-Checking Programmes in The US Over Political Issues

Social 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 […]

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Business

Access Bank Wins Best Digital, Best Website at Digital Jurist Awards 2024

Access Bank PLC has been named the 2024 Best Digital Award Winner in the Commercial Banks Category at the Digital Jurist Awards, organized by Phillips Consulting (pcl.). In addition to this top honour, the Bank also secured the Best Website Award, achieving an impressive score of 201 points for its engaging and user-friendly digital experience. […]

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News

TikTok Deletes 2.1 Million Videos in Nigeria for Violating Content Guidelines 

TikTok said it removed over 2.1 million videos in Nigeria in the second quarter of 2024 for violating its community guidelines. According to the Community Guidelines Enforcement Report shared on Tuesday, Tiktok said the action is part of the company’s ongoing efforts to enhance content moderation and create a safer platform for users. “Key findings […]

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Social Media

Gender Parity will Unlock $287bn for Africa’s Economy by 2030, Says Report

AMA PRESS RELEASE Tackling systemic barriers towards the participation of young women in Africa’s workforce will drive an estimated $287 billion to its economy by 2030, boosting GDP by five percent, a new report commissioned by the Mastercard Foundation reveals. Conducted in collaboration with McKinsey & Company, the study reinforces the crucial role of women’s […]

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Business

JUST IN: Telegram CEO, 39 Years Old Pavel Durov Arrested in France

Telegram chief executive Pavel Durov has been arrested by French police at an airport north of Paris. Mr Durov was detained after his private jet had landed at Le Bourget Airport, French media reported. According to officials the 39-year-old billionaire was arrested under a warrant for offences related to the popular messaging app. The investigation […]

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Financial

Meta Plans Spending $99bn of Money Made from Your Activities on All Platforms Year End

The social media giant Meta Platforms plans to spend between $96 billion to $99 billion from the money it will make from your activities in all its platform: Facebook, Instagram, Threads and WhatsApp, among other products and services. As at June 30 of 2024, the already made $39 billion. “We expect full-year 2024 total expenses […]

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Social Media

Meta Dangles $2m Grants Before Africans Who Develop Apps to Tackle Poverty & Enhance Economic Devt

Meta, the parent company that owns Facebook, Instagram and WhatsAPP  is offering a grant of $2 million to Africans who are able to develop applications in areas such as economic development, science and innovation and public service. The company made this known while unveiling the launch of the Llama 3.1 Impact Grants, in its continued […]

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