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The Nigerian cryptocurrency landscape continues to shift as Kucoin, a major global exchange, announced the suspension of its peer-to-peer (P2P) services for the Nigerian Naira (NGN) on May 15th, 2024. This move follows similar actions by other prominent exchanges like…
The African tech scene is abuzz with activity as Lagos, Nigeria gets ready to host the famous Africa Technology Expo (ATE) this June, The event, which has as its theme “Beyond Headlines, Into Solutions,” is expected to be a flagship…
In a move celebrating both entrepreneurship and its centennial year, TotalEnergies has ignited a spark of opportunity across Africa with the launch of the 2024 Startupper Challenge. In this initiative, TotalEnergies targets 100 startups in a new contest, aiming to…
The tech world is buzzing with anticipation as Apple nears a deal with OpenAI, a frontrunner in artificial intelligence research. This potential partnership signifies Apple’s significant push into the ever-evolving realm of AI and could fundamentally reshape how users interact…
East Africa has been struggling with another internet outage after a vital subsea cable cuts again on Sunday. Following similar incidents in West Africa in March, this latest crisis highlights the continent’s heavy reliance on poor electricity infrastructure. The network…
Nigeria’s technological future looks bright, with 37 exceptional young minds walking away as winners at the recently concluded Omniverse Africa Tech Competition. Organized by Ominiverse Africa, the tech division of the multifaceted Omniverse Tech Industry. The competition created a platform…
President Tinubu has taken the major step in response to growing concerns over the implementation of a controversial cybersecurity levy. The levy, which generated much controversy and criticism among stakeholders, has now been suspended by the President pending a thorough…
In an unusual development, Airtel, one of the world’s largest telecommunications services companies, has declared an unprecedented $13 billion dividend payout. The announcement came despite the company’s huge foreign exchange (forex) loss of $549 million. Airtel to pay $13bn Dividend:…
In a bold move that underscores its commitment to monetary discipline, the International Monetary Fund (IMF) has asked the Central Bank of Nigeria (CBN) to stop waivers for banks. The directive comes as part of a wider strategy to make…
In a sudden reversal, Nigerian banks have stopped collection of deposit processing fees, providing relief to customers who were met with the charges on May 1st, 2024. The move came as the Central Bank of Nigeria ( The CBN) issued…
