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Friday, January 10, 2025

Nigerians, South Africans Engage In Online Prank War: Bolt VS Uber

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A recent online feud between Nigerian and South African users of ride-hailing apps Bolt and Uber has left drivers frustrated and out of pocket....

Naira Gains At N1,600 Per Dollar

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On Thursday, August 22, 2024, the Nigerian Naira appreciated to N1,600 per dollar in the parallel market, a notable improvement from N1,615 the previous...

Konga Begins Massive Back-to-School Discounts

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As the new academic year approaches in Nigeria, Konga, a leading e-commerce platform, has announced a major initiative to ease the financial burden on...

From Mielie Farm to Tech Mogul: Koos Bekker’s Story

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Koos Bekker is a name synonymous with innovation and vision. Born in 1952 on a mielie farm near Potchefstroom, Bekker's journey to becoming the...

Naira Weakens to 1,599.50 per Dollar

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As of Thursday, August 22, 2024, the Nigerian Naira is trading at 1,599.50 Naira to 1 US Dollar in the parallel market, commonly referred...

Five Things to Know About Increment in Passport Fees

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The federal government has announced the upward increment in Nigeria's passport which will take effect from next month, stating reasons for the increment. Here are...

Nigerian Businesses to Create More Jobs, CBN Survey Reports

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According to the latest Business Expectations Survey (BES) from the Central Bank of Nigeria (CBN), Nigeria’s economy is set for a boost, with job...

Data Protection Violation: Federal Government Fines Fidelity Bank

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The Federal Government of Nigeria has imposed a hefty fine of N555 million on Fidelity Bank Plc for serious violations of data protection regulations....

Rising Cyber Threats Prompt Nigerian Banks to Invest N222bn

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Five major Nigerian banks have committed to investing approximately N222 billion ($1.20 billion) in technology and cybersecurity as they work to meet new capital...

Fidelity Bank Denies Data Breach, Challenges ₦555.8m Fine

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Fidelity Bank, a prominent Nigerian bank, has denied allegations of a data breach and rejected a ₦555.8 million ($353,254) fine imposed by the Nigerian...