Nigerian Stocks Decline as Market Capitalization Drops by ₦1.1 Trillion
The Nigerian Exchange Limited (NGX) recorded a significant decline yesterday as market capitalization dropped by ₦1.1 trillion, driven by selloffs...
Sourcefin Secures ZAR150 Million to Empower South African SMMEs
Sourcefin, a South African fintech and alternative funding provider founded in 2020, has raised ZAR150 million (US$8.2 million) from Futuregrowth...
Meta to Cut 5% of Workforce, Targeting Low Performers
Meta, the parent company of Facebook, Instagram, and WhatsApp, has announced plans to reduce its workforce by 5%, focusing on...
NCC Directs Telecom Companies to Disconnect USSD Codes of Nine Banks Over Debts
The Nigerian Communications Commission (NCC) has directed telecommunications companies to disconnect the Unstructured Supplementary Service Data (USSD) codes assigned to...
CBN Fines Nine Nigerian Banks ₦150 Million Each for Failing to Provide Naira Notes via ATMs
The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) for failing to ensure the availability of...
Borno, Federal Governments Unveil Livestock Estate to Revolutionize Agriculture Landscape And Boosting Small Livestock
The Borno State Government, in collaboration with the Federal Government, has launched the Ngarannam Livestock Estate, a state-of-the-art facility aimed...
Kwara State Government Distributes 100 Motorcycles and 5,000 Enzymes to Support Agriculture Extension
The Kwara State Government has launched the distribution of 100 motorcycles and 5,000 enzymes to agricultural extension agents and livestock...
U.S. and Nigeria Partner on $2 Million Grant for Fiber Optic Expansion
The United States and Nigerian governments have signed a $2,095,000 grant to evaluate the feasibility of deploying over 90,000 kilometers...
Nigerians Telecom Operators Set to Suspend USSD Services Over N250 Billion Debt
Telecom operators in Nigeria are preparing to suspend Unstructured Supplementary Service Data (USSD) services in two weeks following the failure...
Global Smartphone Market Surges 4% After Two-Year Decline
The global smartphone market experienced a long-awaited recovery in 2024, growing by 4% year-on-year after two years of decline, according...
