PalmPay, a premier Africa-focused payment platform, is celebrating its fifth anniversary in the Nigerian market growing its customer base to 35 million within the period. As...
In an effort to bridge the skills gap and curb brain drain in the Nigerian telecom sector, the Nigerian Communications Commission (NCC) has tasked telcos with...
The Nigeria Inter-Bank Settlement System (NIBSS) says instant payments increased to N89.50 trillion in July 2024. Instant payment is an account-based, real-time electronic funds transfer (EFT)...
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has raised the benchmark interest rate in the country by 50 basis points to 27.25%, the...
Nigeria’s high inflation rate which was 32.15% in August has continued to impact the prices of energy, with the rates paid by Nigerians for cooking gas...
The supply of the Dollar and other currencies increased by 117% at the foreign exchange market as the Naira strengthened on Friday. Data obtained from FMDQ...
Mr. Bowale Odukale, a US-based communication expert currently serving as Digital Communication Technologist at Zinc Collective in the United States, has called for accelerated digital literacy...
Zoho, a global technology company, today said that it grew by 31% in 2023 in Nigeria, one of its key markets in the Africa region. The company...
By Olusegun Ayeoyenikan The National Agency for Science and Engineering Infrastructure (NASENI) is mandated to make available in the Nigerian market the primary and intermediate capital products required...
Salesforce Ventures is announcing a new $500 million AI fund, bringing its total commitment to AI innovators to $1 billion in the past 18 months. The fund...
Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency, the FBI said in a report released Monday that shows a 45%...
Chinese smartphone company Huawei said launched its Mate XT, world’s first trifold smartphone, pegging the price at an least equivalent of $2,800. The launch has been...
The National Centre for Artificial Intelligence and Robotics (NCAIR), with support from Google, today announced the launch of the AI Fund, a N100 million initiative aimed...
The Lagos-based Dangote Refinery has started processing premium motor spirit (PMS), commonly known as petrol, as the Nigerian National Petroleum Company (NNPC) Limited is set to...
The Nigerian Communications Commission (NCC) is pleased to announce significant progress in the Federal Government’s 2020 policy to link all Subscriber Identification Modules (SIMs) to National...
Leading figures in the telecommunications and information and communications technology (ICT) sectors are set to address the pressing issue of brain drain in the sector. Stakeholders...
By Feyishola Jaiyesimi Nigeria’s cocoa exports rose by 304 percent in the first quarter (Q1) of 2024 due to higher demand and naira depreciation, according to...
The Nigerian equities market sustained rally to close in the green yesterday as price increases in TotalEnergies Marketing Nigeria Plc and 48 others lifted the overall...
Nigeria’s Gross Domestic Product (GDP) experienced a year-on-year growth of 3.19% in real terms during the second quarter of 2024. The GDP growth rate surpasses the...
The foreign exchange turnover in July stood at $7.39 billion at the official trading window for the Nigerian currency in July. The July figure which is...
