MTN has said it will offer free international calls and short message service (SMS) to prepaid and postpaid customers affected by the Ukraine crisis. Its CEO, Karl Toriola, in a statement, said the offer is aimed at…
The Nigerian Communication Commission (NCC) is on the verge of deploying the Fifth Generation (5G) network in Nigeria. Already, spectrum licenses for the companies that will rollout services have been issued. Although…
Despite the high expectations and hype around the Central Bank of Nigeria’s digital currency- the eNaira- major retailers and vendors in the country are yet to adopt it over four months after launch. Following months of…
MTN has become the first African company to enter the metaverse by purchasing land in Africarare. MTN made this known in a statement on its website titled, ‘MTN Group becomes the first African company to enter the…
LAGOS, NIGERIA Local airlines in Nigeria are currently experiencing a low turnout of passengers following a 63 per cent hike in fare. This has become the order of the day barely two days after the hike took full effect.…
Spotify reportedly paid Joe Rogan at least $200 million to commit to podcasting on the platform exclusively for three and a half years, according to a New York Times report. That number, while astronomical, is double…
Flutterwave has reached over $30bn valuation after raising $250m setting the record of the most valuable investment in Africa at the moment. In March 2021, the San Francisco-headquartered and Lagos-based startup raised…
British tax authorities said on Monday they had made their first seizure of non-fungible tokens in a crackdown on suspected criminal activity to hide money. Her Majesty's Revenue & Customs seized three NFTs after…
South Africa has charged China's Huawei Technologies operating in the country to court for breaking rules on hiring locals, the labour department said on Friday. Approximately 90 per cent of the company's employees were…
The Department of Justice has finally found almost all of the billions worth of Bitcoin stolen during the 2016 hack of cryptocurrency exchange Bitfinex — in the hands of a published Forbes and Inc. writer and rapper,…
Africa's richest man, Aliko Dangote, has floated a car assemblage company in Kaduna state. The organisation, Dangote Peugeot Automobiles Nigeria Limited (DPAN) began its operation with the production of Land Trek, 3008,…
A museum dedicated to NFTs, the blockchain-based creations that have taken the world of art by storm by opening its doors in the United States. The Seattle NFT Museum features original artworks along with explanations…
Binance, the world’s largest cryptocurrency exchange by volume, is probing 281 Nigerian personal accounts for possible regulatory breaches. The company has restricted the accounts to ensure the platform’s security and…
The Central Bank of Nigeria has released a guide for bank customers and others on how and where they can lodge complaints against financial institutions regulated by it. The financial institutions include commercial…
A 27-year-old trader, Somadina Umeh, has emerged as the sixth millionaire in the ongoing ‘5for5’ promo by ALAT by Wema Bank. The trader received his cheque for ₦1 million on Friday, January 27, 2022, during the…
Guaranty Trust Bank Limited (GTCO) has introduced a faster and more convenient way to authorize transactions on its business app, GAPSLite. Before now, all transactions can only be performed on the Banking app with the…
The very popular car brand, Toyota, sold 10.5 million vehicles in 2021, a 10.1-per-cent jump from its sales in 2020 that sees the Japanese carmaker pulling farther ahead of its nearest rival, Volkswagen. It, therefore,…
The United Arab Emirates (UAE) has confirmed it will resume passenger flights from Nigeria and 11 other African countries from Saturday, January 29. The country’s National Emergency and Crisis Management Authority…
The Nigerian Senate on Wednesday approved the sum of N215,811,290,243 as budget for the Federal Inland Revenue Service (FIRS) for the 2022 fiscal year. The approval followed the consideration of a report by the…
The United Kingdom has resumed work and study visa applications processing in Nigeria. This was contained in a post by UKinNigeria on its social media handles on Wednesday. In the post, Nigerians were urged to proceed…