As a major player in African e-commerce, Jumia operates in several economies grappling with currency instability, such as Nigeria and Egypt
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The CBN’s decision to grant the IMTO license to Currenzo is part of a broader initiative to bolster remittance flows and boost Nigeria’s foreign exchange reserves.
As the world watches the outcome of U.S. elections, one name often draws significant attention globally, including in Nigeria: Donald Trump
In a stark reminder of Nigeria’s unstable energy infrastructure, the country’s national power grid suffered a complete collapse, following a partial failure only a day earlier. This blackout, which affected all 22 operational generation companies nationwide, plunged the country into darkness and left businesses, startups, and households grappling with yet another extended power outage. Multiple…
Zenith Bank Plc has praised its customers for their patience during the system upgrading process. The bank stated that the IT infrastructure migration to a new and more robust operating system was aimed at ensuring better service delivery to customers. Recall that some weeks ago, Zenith Bank embarked on a system migration which caused several service…
Nigeria’s ngPIF Forum Drives Expansion of Digital Connectivity and Infrastructure In a significant step toward closing Nigeria’s digital divide, leading technology figures and key stakeholders gathered in Lagos for the Nigerian Peering and Interconnection Forum (ngPIF). The event, jointly organized by the Nigerian Network Operator Group and the Internet Exchange Point of Nigeria (IXPN), provided…
Bayo Olujobi, who joins from Stanbic IBTC Bank, brings close to two decades of experience in financial management, including expertise in regulatory compliance, budgeting, strategy formulation, and treasury management
Netflix has announced it will be delisting nearly all its interactive shows and films starting December 1, signaling the end of its experimental phase in viewer-driven narratives. This decision to discontinue interactive content highlights both the fleeting impact of the format and Netflix's evolving focus amidst a competitive streaming landscape. While interactive content once promised…
Ghana has emerged as West Africa's most targeted nation for cyberattack during the first half of 2024, according to NETSCOUT’s 1H2024 DDoS Threat Intelligence Report. In a period marked by increasingly frequent and sophisticated attacks, Ghana recorded a total of 4,753 distributed denial-of-service (DDoS) attacks, which predominantly targeted computer services and telecommunications sectors. Specifically, businesses…
Following the recent U.S. presidential elections, Bitcoin (BTC) has gained 2.4% in the past 24 hours, breaking the $70,000 threshold in early trading today
