CSCS Teams Up with MTN Nigeria to Launch USSD Service for Capital Market Access
The Central Securities Clearing System (CSCS) has partnered with MTN Nigeria to roll out a USSD-based service aimed at improving access to capital market information for investors across the country. According to a report by Punch Newspaper, the new service allows MTN subscribers to instantly retrieve key investment details—such as portfolio updates and asset values—directly […]
DUOLINGO SET TO REPLACE SOME WORKERS WITH AI, CEO REVEALS
Language-learning platform Duolingo has announced a significant shift in its workforce strategy, revealing plans to replace many of its contract workers with artificial intelligence (AI). In a company-wide memo shared earlier this week, CEO and co-founder Luis von Ahn reaffirmed Duolingo’s commitment to becoming an “AI-first” organisation. He emphasised the need to rethink workflows entirely, […]
itel Power70: Nigeria’s First 10,000mAh Smartphone Redefines Battery Life
A Game-Changer for Nigerian Smartphone Users itel has shaken up the Nigerian smartphone market with the launch of the itel Power70, the industry’s first 10,000mAh battery smartphone. Nigerians are rushing to grab this device, thanks to its massive battery capacity, sleek design, and unbeatable affordability. 10,000mAh Mega Battery: Say Goodbye to Frequent Charging A major […]
Gold Prices on a Rampage: Surges for 7th Consecutive Week Amid Global Uncertainty
Gold Rally: Market Update Gold is on track for its seventh straight weekly gain, reaching $2,927.50 per ounce, just shy of the record $2,942.68 set earlier this week. The precious metal has surged in response to economic uncertainties, trade war concerns, inflation fears, and increasing central bank purchases. Why is Gold Rallying? Safe-Haven Demand Soars: […]
Femi Falana Sues Meta for $5 Million Over Alleged Privacy Invasion
Renowned Nigerian Lawyer Femi Falana Files $5 Million Lawsuit Against Meta Renowned Nigerian human rights lawyer, Femi Falana, has filed a $5 million lawsuit against Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, over alleged violations of privacy rights. The lawsuit, which was lodged at the Federal High Court in Lagos, accuses […]
How to Protect Your Devices Against Cybercriminals
As cyberattacks become more sophisticated, the importance of protecting personal devices cannot be overstated. Cybercriminals use various techniques to exploit vulnerabilities in phones and computers, causing significant financial and data losses. JUSTICE OKAMGBA highlights expert advice and practical strategies to safeguard your devices and personal information in this detailed guide. The Escalating Threat of Cybercrime […]
Mara, the Crypto Startup Backed by Coinbase, Collapses Amid Leadership Turmoil and $16 Million Loss in 2022
Mara, a pan-African crypto exchange backed by prominent investors like Coinbase Ventures and Alameda Research, faced a dramatic collapse just two years after its launch. The startup, founded in 2021 with a vision to “build Africa’s crypto economy,” burned through $16 million in 2022, with its leadership falling apart and financial mismanagement at the core […]
Tanzania Cracks Down on Predatory Loans, Bans Unlicensed Digital Lenders
The Bank of Tanzania (BoT) has announced a ban on unlicensed digital lenders operating in the country, urging consumers to verify the licenses of loan providers before using their services. This move targets over 100 unregistered apps that offer instant loans, often to individuals without access to traditional financial institutions. The crackdown addresses growing concerns […]
Strengthening the Backbone of Operations: Tunde Balogun Recognized for Automation
By 2023, automation had settled into everyday business reality. Systems were no longer experimental. They were embedded deeply into operations, shaping outcomes quietly and consistently. The challenge was no longer building automation, but living with it. Organizations began to confront an uncomfortable truth: automated systems were only as good as the thinking that designed them. […]
Vella Finance Shifts Focus from Crypto to SME Bankin
Nigerian fintech Vella Finance has announced it will discontinue all crypto-based operations to concentrate fully on serving small and medium enterprises (SMEs). In a recent email to users, Vella confirmed it would shut down crypto trading, deposits, wallets, fiat-crypto swaps, and other crypto services by October 30, marking a shift towards providing end-to-end banking solutions […]
