MultiChoice, the South African pay-TV company, has disclosed a write-off of N31.6 billion (approximately $21 million) in deposits held with Heritage Bank, following the bank’s liquidation in June 2024. The loss was reported in the company’s financial results for the six-month period ending September 30, 2024. The initial deposit, which […]
The inaugural draw of Globacom’s Festival of Joy customer reward promo took place on Thursday at the Delta Mall Gloworld in Warri, Delta State. The event drew a lively crowd, including Glo subscribers, media representatives, and Mr. Anwyuli Efejukwu, a representative from the National Lottery Regulatory Commission (NLRC). Globacom revealed […]
Parent company of Facebook and Instagram, Meta is preparing to introduce ads on its social media platform Threads beginning January 2025. Launched in mid-2023 as a competitor to X (formerly Twitter), Threads was initially developed to attract users amid shifts on X following Elon Musk’s acquisition. Since its debut, Threads […]
Donald Trump the President-elect has appointed tech mogul Elon Musk and biotech entrepreneur Vivek Ramaswamy to head a newly established Department of Government Efficiency (DOGE). Tasked with overhauling federal processes, the department’s mission is to cut through bureaucratic obstacles, reduce excessive regulations, and eliminate wasteful spending as part of Trump’s […]
The Nigerian government has called for urgent private sector investment in the country’s power sector, estimating that at least $10 billion will be needed over the next decade to achieve stable, 24-hour electricity supply nationwide. Minister of Power, Mr. Adebayo Adelabu, emphasized this during a meeting with Dr. Jobson Ewalefoh, […]
Nokia has acquired Rapid, a leading company in API marketplace solutions. The acquisition will integrate Rapid’s powerful API platform into Nokia’s “Network as Code” initiative, paving the way for telecom operators to grant developers streamlined access to network functions and boost 5G-powered innovation. By bringing Rapid’s advanced API capabilities into […]
Airtel Nigeria welcomed the 2024 Generation Unlimited (GenU) Steering Committee to its Banana Island headquarters in Lagos, where leaders from government, business, and civil society gathered to discuss strategies for empowering Nigerian youth through digital education and job-readiness. This collaboration, in partnership with UNICEF, reflects GenU 9JA’s mission to provide […]
To fortify the security of digital platforms for Nigerian users, the National Information Technology Development Agency (NITDA) has issued a comprehensive advisory on securing WhatsApp accounts. The guidelines are designed for both individual users and group administrators, outlining essential steps to prevent unauthorized access and mitigate the risks of cyber […]
MTN Nigeria, in collaboration with the Nigeria Conservation Foundation (NCF) and the World Wide Fund for Nature (WWF), has announced Osarode Stephen Odemwingie as the winner of the 2024 Nigeria PachiPanda Challenge for his innovative biorefinery solution, which transforms fruit, vegetable, and chicken feather waste into nutrient-rich farming supplements. His […]
Nigeria’s petrol prices have surged despite a recent 20.34% drop in the landing cost of Premium Motor Spirit (PMS) to N971.57 per litre, as revealed in the November 8, 2024, report from the Major Energy Marketers Association of Nigeria (MEMAN). The unexpected rise in pump prices has drawn sharp criticism […]
