Technology
Tech Layoffs Persist in 2024: Major Companies Cut Thousands of Jobs
The tech industry continues to witness a persistent wave of layoffs in 2024. After significant downsizing in 2022 and 2023, this year has...
Telcos may shutdown as Lagos-Calabar road project threatens connectivity
Telecommunication companies have expressed concern over possible connectivity disruptions as construction advances on the 700km Lagos-Calabar Coastal Highway. This is coming less than...
US Air Force Secretary Successfully Flies in AI-Controlled Fighter Jet
Air Force Secretary Frank Kendall boarded an experimental F-16 fighter jet controlled entirely by artificial intelligence (AI) at Edwards Air Force Base in...
Lesser Smartphone Demands: Apple Faces Global Sales Decline
Apple’s latest financial report has revealed a concerning trend as sales drop in nearly every market worldwide, except for Europe. The tech giant...
Google Podcasts announces exit, effective June
Google, a tech giant, announced its exit plan to discontinue Google Podcasts, a platform that allows users to play and listen to podcasts,...
Port Harcourt Tech Expo 2024: Transforming Tech, Empowering Youth
The Port Harcourt Tech Expo 2024, held from April 24th to 26th at the Horlikins Event Place, brought together key players in the tech...
Nigerian Fintechs Halt New Account Openings Following Regulatory Directives
Several prominent Nigerian fintech companies, including Kuda Bank, Moniepoint, OPay, and Palmpay, have ceased opening new customer accounts following a directive from the...
Tinubu, Bill Gates hold meeting in Riyadh on Technology and Seed Interests
President Bola Tinubu, in a meeting with Microsoft Founder Bill Gates, announced that his administration is investing in technology to ensure transparency and...
OPay’s Valuation Surges Over 30% Amid Nigeria’s Digital Payments Boom
OPay, the Nigerian fintech startup supported by Sequoia Capital and Softbank, has experienced a remarkable 30% increase in valuation since its Series C...
TikTok Ban in U.S Anticipated to Drive Growth for Instagram, YouTube, and Emerging Competitors
Research firm eMarketer reports that adult TikTok users in the U.S. spend an average of 54 minutes daily on the app, surpassing Instagram,...
Stripe Transforms Financial Services with Platform Update
Stripe, a leading financial technology company, maintains its position with a valuation of $65 billion and a staggering $1 trillion in total processed...
MTN, GLO, Others seek NCC approval for tariff increase
Nigeria’s telecommunications operators, MTN Nigeria, Globacom, and others, have asked the Federal Government, through the Nigerian Communications Commission (NCC), to approve an increase...