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In July 2024, Point of Sale (PoS) transactions in Nigeria soared to an unprecedented ₦1.01 trillion, marking a significant rise in Nigerian PoS transactions. This surge reflects a broader shift towards cashless transactions, as the volume increased from ₦930.76 billion…
Lionsgate is embracing AI filmmaking through a strategic partnership with Runway, a creative technology company specializing in artificial intelligence. This collaboration aims to integrate AI tools in film production at every stage—from pre-production to post-production—making it a pioneering effort that…
Zenith Bank, a leading Tier-1 Nigerian bank with a market capitalization of ₦1.19 trillion, is set to finalize its switch to a new core banking platform in October. This transition comes after a recent glitch during the migration process disrupted…
Infinix, a trendy tech brand known for its innovative approach to smartphone design, has officially launched its first-ever flippable smartphone, the Infinix Zero Flip. This latest flagship device stands out in the market with its unique features, including 4K ProStable…
Artificial Intelligence (AI) is set to have an economic impact on Africa, with a potential contribution exceeding $30 billion over the next decade. A recent report titled “The Digital Opportunity of Sub-Saharan Africa,” commissioned by Google and published by Public…
In order to improve cash availability across Nigeria, the Central Bank of Nigeria (CBN) has announced new regulations targeting banks with non-functional Automated Teller Machines (ATMs). This initiative is part of the broader CBN ATM regulations designed to ensure that…
Starlink has made a significant move in the Kenyan internet market by introducing an affordable kit just three days after Safaricom, the country’s leading internet service provider (ISP), announced a substantial increase in its fiber internet speeds. The new Starlink…
Bolt Drivers Migration: Bolt drivers are threatening to migrate to other e-hailing platforms due to rising tensions over fare increases and operational grievances. Earlier this month, Bolt announced a 15% fare hike, citing ongoing fuel scarcity and operational challenges faced…
Chpter, an innovative AI-powered conversational commerce platform, has successfully raised $1.2 million in a Pre-Seed funding round led by Renew Capital. This funding aims to enhance Chpter’s social media support for African small and medium enterprises (SMEs), empowering them to…
The South African Social Security Agency (SASSA) has officially announced the SASSA October Payment Dates 2024, outlining the schedule for beneficiaries of various grants. Understanding the SASSA payment schedule October 2024 is crucial for recipients to ensure timely access to…
