News
Nigerian Banks’ Net Borrowing from CBN Surpasses N1 Trillion Amidst Liquidity Pressures
In August, Nigerian deposit money banks (DMBs) found themselves net borrowers from the central bank, with the total amount reaching a staggering N1 ...
News
Nigerian Innovator Secures Patent for Blockchain-Powered Authentication System
Hyperspace Technologies Limited has achieved a significant milestone by securing a patent for its innovative Multi-Factor Authentication (MFA) system, driven by blockchain technology. ...
Global
Global: Microsoft Introduces Copyright Protection for AI Users
Microsoft has unveiled its Copilot Copyright Commitment, a new initiative aimed at offering legal safeguards to customers utilizing its artificial intelligence (AI) services, ...
Africa
Nigerian and Angolan Currencies Among the Worst Performers in Africa
Despite being top oil producers in Africa, Nigeria and Angola have surprisingly witnessed the worst currency performance year to date, with the Nigerian ...
Global
Global: WhatsApp Introduces ‘Third-party Chats’ to Enable Cross-App Messaging
In a recent update, WhatsApp for Android beta (version 2.23.19.8) has introduced a new feature called “Third-party Chats.” This release closely follows the ...
News
Nigeria: Flutterwave Introduces Swap, a Revolutionary Digital Foreign Currency Exchange Platform in Nigeria
Flutterwave, Africa’s foremost payments technology company, has unveiled “Swap,” an innovative solution that grants Nigerians immediate access to foreign currency at competitive exchange ...
News
Nigeria: ABCON Calls on CBN to Empower Bureaux De Change with Digital Autonomy
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to grant Bureaux De Change ...
News
Nigeria: NCC Calls for Full Exemption of Telecom Companies from Excise Duty Amidst Concerns of Multiple Taxation
The Nigerian Communications Commission (NCC) is urging for a complete exemption of the telecom industry from paying excise duty, citing the non-luxury nature ...
News
Nigeria: Danbatta Applauds Swedish Government and Ericsson for Sustained Partnership in Capacity Building
Professor Umar Garba Danbatta, the Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), has expressed his appreciation ...
News
Nigeria: Insights from the Telecom Executives and Regulators Forum (TERF) 2023
The recent Telecom Executives and Regulators Forum (TERF) 2023, organized by the Association of Telecommunications Companies of Nigeria (ATCON) in Lagos, brought together ...