Binance Recorded A Turnover 20bn More Than Health And Education Budget – Says Minister
Cryptocurrency trading platform, Binance, recorded a turnover in Nigeria larger than the country’s budget for education and health. This was disclosed by Nigeria’s Minister for[more...]
$5.3m Fraud: US Hunts Scammers, Traces Funds to Nigeria, Hong Kong, Others
The US government has filed a civil forfeiture action to recover $5.3 million linked to a business email compromise (BEC) scheme that defrauded a Massachusetts[more...]
How 2,400 Foreigners Attempted to Acquire Nigerian passport With Fake NIN
The Minister of Interior, Olubunmi Tunji-Ojo, has said that the Ministry recently uncovered 2,400 non-Nigerians attempting to acquire the country’s international passport with fake National[more...]
OpenAI Sets Up Safety Committee to Evaluate Global Operations in 90 Days
The board of OpenAI has set up a safety and security committee to evaluate its operations as the company begins training its next artificial intelligence[more...]
NCC: A Digital Enabler of the Renewed Hope Agenda
In Nigeria, a young tech-savvy and upwardly mobile population is teeming, and exploring derivable benefits of digital technologies. They are propelled by rapidly expanding internet[more...]
Tariff Hike: DISCOs Generate ₦100 billion Revenue in One Month
Power distribution companies in Nigeria have banked on the recent tariff hike to increase their earnings in March 2024. The increased earnings which rose from[more...]
The Five Most Innovative Ministers in Tinubu’s Government
These ministers have implemented transformative initiatives that have yielded measurable results in just 12 months. As President Bola Tinubu marks his first year in office,[more...]
ITU Announces $4.8 Billion Investment to Boost Global Connectivity
The International Telecommunications Union (ITU), has announced $4.8 billion investment commitments to drive global connectivity. The UN Agency for digital technologies announced this on Monday[more...]
Elon Musk’s AI Company Begins Mass Recruitment of Engineers With $6 Billion
Elon Musk’s AI company, xAI, has secured a $6 billion investment to bolster its capacity to compete with rivals like OpenAI, Google, and Microsoft. The[more...]
China Pumps $47.5 Billion into Chip Industry Amid Tech War With U.S
China is doubling down on its plan to dominate advanced technologies of the future by setting up its largest-ever semiconductor state investment fund, according to[more...]
20 Most Valuable Nigerian-Owned Brands in Africa
The report is based on extensive research on understanding customer perception of brands worldwide. Nigerian brands showed a solid outing as about 26 indigenously owned[more...]
Titans of Tech Conference and Expo Gets July Date To Focus on Tech for Good
The Oriental Hotel in Victoria Island, Lagos, will play host to the much-anticipated biggest gathering of tech professionals in West Africa, Titans of Tech Conference[more...]
Weeks After Closing Nigeria Office, Microsoft Set To Build $1 Billion Digital Centre in Kenya
Microsoft Corporation and G42, a leading artificial intelligence company in the United Arab Emirates are working together to build a $1 billion geothermal-powered data center[more...]
Security Breach: Flutterwave Loses ₦11 Billion
One month after obtaining a court order to recover $24 million lost to unauthorised POS transactions, Flutterwave suffered another security breach that allowed unknown persons[more...]
5 African Countries With The Highest Number of Satellites in Space
5 African countries that have the highest number of satellites in space While it may not be widely recognized, the African space industry is steadily[more...]
The Top 10 Internet Service Providers in Nigeria in 2024
The adoption of ISPs is yet to reach the expected threshold as its subscriber base has failed to match that of the MNOs As of[more...]
Google Unveils AI-Powered Scam Detection Feature on Android Phones
Tech giant, Google, is rolling out AI features on Android phones including its Gemini Nano functioning as live scam detection for users. Google unveiled this[more...]
Balancing Growth With Affordability In Nigeria’s Telecom Industry
Today, Nigeria's telecommunication industry stands at a crossroads. It is facing pressure on a thousand different fronts. On the inside, it is battling with the[more...]
Why 71% of Nigerians Lack Access To Mobile Internet – GSMA
Groupe Special Mobile Association (GSMA), the umbrella body of mobile operators globally, has said that only 29% of Nigerians have regular access to mobile internet,[more...]
The 6 Biggest Snubs At The 2024 Africa Magic Viewers Choice Awards (AMVCA)
Some other nominees were completely snubbed losing in almost every single category they were nominated in. At the 2024 African Magic Viewers Choice Awards (AMVCA),[more...]
