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How Much Is Temu’s Marketing Budget?

With an apparent willingness to spend significantly on marketing, Temu aims to win over Nigeria’s 200-million-strong population, many of whom are eager for affordable online shopping options

ByEmmanuel DanijiDecember 3, 20240Comments

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The Battle Over Advertising in AI: Elon Musk vs. OpenAI

The evolving clash between Elon Musk and OpenAI, the very company he helped co-found, reflects a deeper philosophical and ethical debate about the future of artificial intelligence (AI). Once aligned in vision, Musk and OpenAI now find themselves at odds over commercialization, advertising, transparency, and control in the AI space. OpenAI’s For-Profit Shift: A Controversial…

ByEmmanuel DanijiDecember 3, 20240Comments

Russia Legalizes Cryptocurrency Mining: Here's What It Takes to Qualify

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Putin Legalizes Cryptocurrency Mining In Russia: Here’s What It Takes to Qualify

Only Russian legal entities and individual entrepreneurs included in a register will have the right to mine

ByEmmanuel DanijiDecember 2, 20240Comments

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Union Bank of Nigeria Appoints Bayo Adeleke as Chairman Amidst Strategic Restructuring

Bayo Adeleke, a seasoned banking professional and former Managing Director/CEO of First Bank, brings a wealth of experience to his new role. Union Bank emphasized that Adeleke’s track record and commitment to excellence are vital to the bank’s vision of growth and transformation

ByEmmanuel DanijiDecember 2, 20240Comments

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CBN Launches Revamped Website to Boost Transparency and User Experience

The launch of the website aligns with CBN Governor Olayemi Cardoso’s earlier promise to overhaul the bank’s digital platforms to foster trust and openness

ByEmmanuel DanijiDecember 2, 20240Comments

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CBN Governor Olayemi Cardoso Unveils his Ambitious Economic Agenda for 2025

The CBN’s strategy involves addressing inflationary pressures while ensuring that liquidity ratios remain robust, thus safeguarding the resilience of Nigeria’s banking sector.

ByEmmanuel DanijiDecember 2, 20240Comments

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Zambia Launches National Public Free Wi-Fi to Boost Digital Inclusion

The ZamFree initiative is just the beginning of a broader effort to bridge Zambia’s digital divide. Plans are underway to expand free Wi-Fi access to more public spaces, including borders, schools, and healthcare facilities. This expansion will be crucial in ensuring widespread digital inclusion, particularly in rural and underserved areas.

ByEmmanuel DanijiDecember 2, 20240Comments