Date | Title | Description |
16.10.2024 | BREAKING: Lagos to pay N85,000 minimum wage for civil servants – Sanwo-Olu | The Lagos state government has committed to paying a minimum wage of N85,000 to civil servants- higher than the federal government’s approved minimum wage of N70,000.
Mr Babajide Sanwo-Olu, Lagos state Governor stated this in an interview o... |
09.09.2024 | FG refutes reports of VAT increase to 10% | The federal government has debunked claims that it plans to increase the Value Added Tax (VAT) rate from 7.5% to 10%.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun disclosed this in a statement posted by the Sp... |
07.09.2024 | Presidency responds as Tinubu’s Spokesman, Ajuri Ngelale, steps down over health issues | The Nigerian Presidency confirmed that President Bola Tinubu has received a memo from Ajuri Ngelale, Special Adviser to the President on Media & Publicity and the Official Spokesperson of the President, detailing his decision to take an... |
05.08.2024 | Navigating Nigeria's Food Crisis: A Government's Balancing Act | The sun sets on Nigeria's agricultural landscape, casting long shadows over a nation grappling with soaring food prices and social unrest. The government, led by Minister of Agriculture and Food Security Abubakar Kyari, is at a crossroads. ... |
05.08.2024 | Suspension of import duties on food items will end by November – Abubakar Kyari | The Minister of Agriculture and Food Security, Abubakar Kyari, stated that the suspension of import duties on certain food items into the country will remain in effect only until the next harvest, expected around October or November this ye... |
05.08.2024 | Civil servants will receive first batch sale of 50kg rice for N40,000, says FG | The Federal Government has disclosed that the first batch sale of the 50 kilograms (kg) bag of rice for N40,000 will be directed to those in the public service before being made available to other regions of the country.
The Minister of Agr... |
03.08.2024 | Nigeria Police claim only Seven deaths, 34 injuries, 681 arrests made; refute Amnesty’s claims | The Nigeria Police Force has issued a rebuttal to Amnesty International, which claimed that thirteen individuals had died during the ongoing #EndBadGovernance protests and alleged that security forces used lethal tactics and firearms agains... |
02.08.2024 | Nigeria's EFCC Takes a Stand Against Immigration Fraud and Financial Corruption | In a world where borders blur and scams thrive, Nigeria's Economic and Financial Crimes Commission (EFCC) is stepping up its game. The EFCC has launched a new Immigration Fraud Section, a strategic move to combat the rising tide of immigrat... |
30.07.2024 | EFCC re-strategizing to prevent ‘dollars from flowing out of Nigeria’, others – Olukoyede | The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede disclosed that its operatives are “re-strategizing” to prevent all forms of financial corruption attributed to Nigerians.
Olukoyede made this state... |
27.07.2024 | Bridging Borders: The Rise of Global Educational Initiatives | In a world where knowledge is power, education remains the key to unlocking potential. Yet, access to quality education is often a luxury. This is especially true in regions like Malaysia and Nigeria, where dedicated individuals are strivin... |
23.07.2024 | Sim Shagaya’s Miva Open University is Transforming Tertiary Education in Nigeria
A fully flexible, digital e-Learning experience
Genuine sensitivity to the prevailing economic conditions
Dedicated, pe... | Tertiary education is a key lever for building thriving economies. According to the World Bank, Tertiary Education is instrumental in fostering growth, reducing poverty, and boosting shared prosperity. In 2017, a World Bank report, Sharing ... |
27.06.2024 | Safaricom under pressure for conflicting explanations over two-hour internet outage in Kenya | Kenyan telecoms giant Safaricom has come under pressure after it released conflicting statements on a nationwide internet outage on Tuesday. The disruption lasted over two hours and coincided with countrywide protests over the now-withdrawn... |
26.06.2024 | Nigeria: Satellite Giant Multichoice Has Not Cut Its Cable TV Subscription Prices in Nigeria As Claimed Online | Satellite giant MultiChoice has not cut its cable TV subscription prices in Nigeria as claimed online
IN SHORT: MultiChoice Nigeria has increased its subscription prices twice since December 2023. But claims that it reverted to the old subs... |
13.06.2024 | LegitCar Africa launches LegitCar Business for businesses and enterprise users | There is a huge market for second-hand vehicles in Africa. In Nigeria specifically, the used-car market is currently valued at $1.14 billion, and according to Aissatou Diouf, general manager at CFAO Suzuki, the market in Nigeria sees an ave... |
10.06.2024 | NLC rejects FG’s N62,000 minimum wage proposal, demands N250,000 | The Nigeria Labour Congress (NLC) has firmly rejected the federal government’s ₦62,000 minimum wage proposal, insisting on a minimum of ₦250,000.
Chris Onyeka, the NLC’s Assistant General Secretary, conveyed this stance during an interview ... |
20.05.2024 | Weekly Economic Index: Flutterwave loses ₦11 billion to security breach, the CBN approves 14 new IMTOs, and oil and gas stocks decline by 6.5% in NGX | Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: Fintech Giant Flutterwave Hit by Alleged ₦11 Billion Security Breach
Last week, Nigerian fintech leader Flu... |
09.05.2024 | DICE 2.0: A Resounding Success as Tech, Business and Creative Sector Leaders Converge to Discuss Africa’s Creative Economy. | After months of anticipation, Beyond Limits, under the visionary leadership of Dr. Juliet Ehimuan, successfully hosted the second edition of the DICE (Digital Innovation and Creative Excellence) Networking event. This esteemed gathering bro... |
13.03.2024 | Nigeria hit by another mass kidnapping, with more than 300 now believed missing | Kaduna, Nigeria — Gunmen have abducted dozens of people from a northwest Nigerian village, according to two local representatives and a United Nations source, just days after the kidnapping of more than 250 pupils from a school in the same ... |
29.12.2023 | Annual Economic Index: How did Nigeria’s economy fare in 2023? | 2023 was a year of extremes for the Nigerian economy. The economy achieved its highest stock market capitalization and a seemingly “decreased” unemployment rate. Yet, it also faced some of its lowest oil production, a record-high inflation ... |
28.12.2023 | CBN policies and how they affected Nigerians in 2023 | Many Nigerians would agree that 2023 was an interesting year for the Central Bank of Nigeria (CBN). It was marked by a series of challenges and controversies that affected even the most mundane activities for Nigerians. The apex bank found ... |
15.11.2023 | Amazon Facing Scrutiny from EU Regulators Over Digital Services Act Compliance | Quincy Jon, Tech Times 15 November 2023, 12:11 pm
In response to the Digital Services Act (DSA), the European Commission has issued a deadline of December 6 for Amazon to provide additional information regarding measures taken to protect cu... |
02.06.2023 | A tribute to Nigeria’s bittersweet fuel subsidy | You were born in the 70s, in the aftermath of the global oil crisis that shook the world. You were a response to the soaring prices of crude oil, a way to shield Nigerians from the harsh realities of the international market. You were a ges... |
16.03.2023 | The cost of cash scarcity in Nigeria: Electronic payment transactions decline by 5% in February. | Across the country, the ripple effect of cash scarcity is evident. Since the CBN redesigned the top three denominations of the Naira and put a timeline on when these old notes ceased to become legal tender, Nigerians have struggled to get c... |
15.03.2023 | Russia calls on US to halt ‘hostile’ flights after collision | Image from Twitter by The Enforcer
Russia’s ambassador to the United States on Wednesday called on Washington to stop “hostile” flights near his country’s border, after an American drone was intercepted by Russian fighters over the Black Se... |
02.03.2023 | Nigeria's Election Was Nearly Derailed By Technology - but Biometric Devices Weren't the Problem | Technology nearly derailed the conclusion of the 2023 presidential elections in Nigeria. The Independent National Electoral Commission could not fulfil its promise to transmit election results from the polling units on its result viewing po... |
24.02.2023 | Are layoffs to blame for the spread of fake news on Nigerian Twitter?
TechCabal’s 2021 Year-End report
Success! | For many observers, one of the signs that Twitter was taking its African market seriously was its decision to open an office on the continent. Twitter is the second-most-used social media platform in Africa and has around 5 million Nigerian... |
06.02.2023 | Burkina Faso attacks: at least 18 killed | At Least 18 Killed In Burkina Attacks. Image from Twitter by NowMyNews
At least 18 people have been killed in two attacks in Burkina Faso, sources briefed on the incidents told AFP on Sunday, as violence rages in the Sahel nation.
Attacks b... |
06.02.2023 | Turkey earthquake update: death toll rises to 592 in Syria | Image from Twitter by Aybike Mergen
At least 592 people were killed in Syria as buildings collapsed after a 7.8 magnitude earthquake struck neighbouring Turkey before dawn on Monday, state media and rescuers said.
The group said its teams w... |
24.01.2023 | Several senior Ukraine officials resign amid corruption allegations | Image from Flickr by ivbogdan.com
Several senior Ukrainian officials announced their resignations Tuesday as the defence ministry was shaken by a food procurement scandal and the presidency warned of tough anti-graft measures.
He posted a p... |
17.01.2023 | Vietnam president resigns amid major anti-graft purge | Vietnam president resigns amid major anti-graft purge. Image from Twitter/@Reuters
Vietnam President Nguyen Xuan Phuc has resigned, state media said Tuesday, after days of rumours he was about to be sacked amid a major anti-corruption drive... |
12.01.2023 | Benin opposition rejects results of parliament vote | Benin opposition rejects results of parliament vote. Image from Twitter/Jacaranda News
Benin’s main opposition on Thursday rejected the results of this week’s parliamentary election, claiming vote buying and fraud allowed allies of Presiden... |
03.08.2022 | Nigeria: Why I Oppose New 5% Tax On Phone Calls, Data - Pantami | The charge will raise the tax paid by Nigerians on phone calls to 12.5 per cent.
Nigeria's Minister of the Communications and Digital Economy, Isa Pantami, has opposed the government's plan to impose an additional five per cent excise duty ... |
18.07.2022 | South Africa gigantic coal power plant versus climate realities | Recent global events indicate that countries should intensify climate action – especially in Africa, where people hardly take scientific forecasts seriously. Africa has four primary climate zones: deserts, grasslands, tropical forests, and ... |
07.06.2022 | Senator Gaya says Tinubu, Osinbajo now only APC presidential aspirants, as others allegedly step down | --> -->
Senator Kabiru Gaya, the Director-General, Yemi Osinbajo Campaign Organisation has said that the list of presidential aspirants in the All Progressives Congress (APC) has been reduced to two, Bola Tinubu and Vice President Yem... |
25.05.2022 | Canza Finance is a neobank enabling decentralised cross-border payments for Africans | Share this article:
When Pascal Ntsama, Co-Founder and CEO of Canza Finance got admitted to Georgia Southern University to study advanced mathematics, he had vague plans of becoming a rocket scientist.
A year later, he transferred to Georgi... |
05.11.2021 | Ikoyi Building Collapse: Corpse of real estate developer, Femi Osibona reportedly recovered | --> -->
Femi Osibona, the owner of fourscore Homes, the real estate firm in charge of the collapsed 21-story building on Gerrard Road, Ikoyi has been reported dead.
According to Channels, Femi was onsite with a US-based friend, Wale B... |
02.11.2021 | Sanwo-Olu suspends LASBCA GM over Ikoyi building collapse as death toll rises to 15 | --> -->
The Lagos State Governor, Babajide Sanwo-Olu has ordered an indefinite suspension of the General Manager of the Lagos State Building Control Agency, Mr Gbolahan Oki, barely 24 hours after the collapse of a 21-storey high-rise ... |
26.10.2021 | No respite for Orji Uzor Kalu as EFCC asks Appeal Court to order retrial | --> -->
There appears to be no respite for the former Governor of Abia State, Senator Orji Uzor Kalu, as the Federal Government through the Economic and Financial Crimes Commission (EFCC), has appealed the Federal High Court judgment ... |
20.10.2021 | A year after the #EndSARS protests, what has changed? | On a sunny Tuesday afternoon on October 13, 2020, Lagos State governor, Babajide Sanwo-Olu, came out to address protesters in front of his office at Alausa, Ikeja. The protesters had been hanging around the governor’s office for almost a we... |
23.09.2021 | FG considers taking Rivers, Lagos states to Supreme Court over VAT collection | --> -->
The Federal Government has revealed that it is considering filing a suit at the Supreme Court in order to ensure a quick and permanent resolution to the ongoing dispute over Value Added Tax (VAT) collection between it and some... |
13.09.2021 | Jailbreak: 240 inmates escape from Kogi prison after gunmen attack | --> -->
No fewer than 240 inmates at the Medium Security Custodial Centre (MSCC) in Kabba, Kogi State, have escaped from jail following an attack on the facility by yet to be identified heavily armed gunmen.
The attackers who were sai... |
12.09.2021 | CJN orders disciplinary action against Abuja judge over order against Soludo | --> -->
The Chief Justice of Nigeria (CJN) who also doubles as the Chairman National Judicial Council (NJC), Justice Tanko Mohammed, has directed the Judicial Service Committee (JSC) of the FCT, Abuja to immediately probe the circumst... |
10.09.2021 | Appeal court stops Rivers, Lagos from collecting VAT pending determination of case | --> -->
The Court of Appeal sitting in Abuja has ordered all the contending parties to maintain the status quo on the collection of Value Added Tax (VAT) pending the determination of the appeal filed before the Federal Inland Revenue ... |
02.09.2021 | FG to include petrol subsidy expenditure in the 2022 budget | --> -->
The Federal Government has said that it will make provision for petrol subsidy as part of its expenditure in the 2022 budget.
This follows the non-resolution of the grey areas and outstanding issues between the federal governm... |
19.08.2021 | Reps directs FIRS to produce MTN tax receipts as FG plans to introduce road tax | --> -->
The House of Representatives has directed the Federal Inland Revenue Service (FIRS) to submit to it the receipts of the tax payments made by MTN for 2007 and between 2010 and 2017.
The request by the legislatures follows obser... |
17.08.2021 | FG says NNPC Limited to take off in 6 months, insists fuel subsidy remains | --> -->
The Federal Government has said that the state-owned oil firm, the Nigerian National Petroleum Corporation (NNPC) is set to turn to a commercial entity as it will become a limited liability company within the next 6 months.
Th... |
11.08.2021 | Court orders Shell to pay Ogoni communities N45.9 billion in 21 days | --> -->
A Federal High Court sitting in Abuja has ordered Shell Petroleum Development Company (SPDC) to pay the sum of N45.9 billion to the people of Ogoni in Rivers State within a period of 21 days.
The amount awarded against Shell i... |
10.08.2021 | FG threatens to review relationship with Indonesia over assault on diplomat | --> -->
The Federal Government has insisted on disciplinary action be taken against the Indonesian immigration officials that assaulted a Nigerian diplomat with a threat to review its relationship with Indonesia if they are not brough... |
08.08.2021 | Administration of second batch of Covid-19 vaccines commences on Tuesday – FG | --> -->
The Federal Government has announced that it will commence the administration of the second batch of Covid-19 vaccines that it just took delivery of, on Tuesday, August 10, 2021, in Abuja.
The latest tranche is the over 4 mill... |
06.08.2021 | FG explains why it is still paying fuel subsidy, says no set date for removal | --> -->
The Federal Government has explained why it is still paying fuel subsidy and has delayed the implementation of the full deregulation of the downstream sector of the petroleum industry.
The government in its explanation said th... |
04.08.2021 | Court stops DSS, AGF from arresting Sunday Igboho, blocking his bank accounts | --> -->
An Oyo State High Court sitting in Ibadan has restrained the Department of State Services (DSS) and Attorney General of the Federation (AGF), Abubakar Malami from arresting, the Yoruba nation agitator Mr. Sunday Adeyemo, popul... |
03.08.2021 | UAE lifts travel restrictions on passengers from Nigeria, 5 others | --> -->
The United Arab Emirates on Tuesday announced the relaxation of travel restrictions for inbound passengers from Nigeria and 5 other countries.
This is coming after the Middle East country in June, banned international flights ... |
23.06.2021 | Possible negotiations over #TwitterBan, Apollo Agriculture’s $1m raise, Nithio FI raise $4.5m | Share this article:
Good day,
Today, I’m discussing:
Possible negotiations over Twitter ban in Nigeria
Apollo Agriculture’s $1m raise
Nithio FI $4.5m funding round Possible negotiations over Twitter ban
Nigeria’s President, Muhammadu Buhari... |
16.06.2021 | UPDATED: Nigerian telecom workers to kick-off strike today; Data and call services may be disrupted | Share this article:
[UPDATE on June 18, 2021 at 11:06 WAT]: On Wednesday, June 16, 2022, MTN Nigeria publicly declared several media reports as “misleading”. The company, however, confirmed that due to rising insecurity in the country, MTN’... |
10.06.2021 | #TechpointDigest 100th edition, More on #TwitterBan, iOS, Android’s new features | Share this article:
Good day,
Today marks the 100th edition of Techpoint Digest, Techpoint Africa‘s daily newsletter. As of now, we’ve sent a hundred episodes to over 3,000 subscribers. Thank you all for sticking around.
If you’re one of ou... |
30.04.2021 | In sacking First Bank’s board, a bruised Emefiele enforces CBN tradition | Godwin Emefiele did not mince words. First Bank’s leaders crossed the line and were made to pay, without hurting the bank’s minority shareholders and 31 million customers. Too big to fail does not mean too big to be flogged.
Emefiele delive... |
31.07.2019 | MTN granted operating license to launch financial service in Nigeria | A subsidiary of MTN Nigeria, Yello Digital Financial Services (YDFS), has secured a licence from the Central Bank of Nigeria to operate financial services in the country.
Created in June 2018, YDFS is the company’s main pivot into the finan... |
23.01.2019 | Ride or Die – The Economic Case For Online Cab-hailing Services In Enugu | Before I moved to Lagos, I had spent over two decades growing up in the coal city, eating breakfasts of ọkpa (and accompanying bowls of custard or pap), suffering the crackling dryness of harmattan and enduring the red-earthed muddiness of ... |
23.05.2018 | Farmcrowdy Nominated for Digital Business of the Year at the Global African Business Awards and awarded the Nigerian National Productivity Order of Merit | Frankfurt (Germany) and Lagos (Nigeria), May 2018. We are very pleased to report that Farmcrowdy has been nominated for the Global African Business Awards Digital Business of the Year Award. The company was also recently awarded the Nigeria... |
23.03.2018 | Social Media Roundup: Bill Gates in Nigeria | Share this article:
Yesterday, Bill Gates, philantropist and founder of the Microsoft Corporation arrived Nigeria to see the first-hand progress the country is making on primary healthcare provision, polio eradication, nutrition and financi... |
24.11.2017 | Social Media Roundup: Agbada X | Share this article:
This week started with the buzz of the traditional marriage of Banky W and Adesua Etomi; #BAAD2017. Although the day was all about Banky and Adesua, someone else stole the show. Popular TV host, Ebuka showed up in an agb... |
03.11.2017 | Social Media Roundup: WhatsApp down! | Share this article:
Today, WhatsApp stopped working in several countries around the world for about an hour. Users of the instant messaging app could neither send nor receive messages. For some, it felt like a mini-natural disaster and they... |
29.09.2017 | 5 things we learned at the Interswitch Connect 2017 | Share this article:
On the 14th and 15th of September, stakeholders and experts in the digital financial ecosystem gathered to discuss, debate and evaluate the future of transactions in Nigeria at the Interswitch Connect 2017.
Banks, telcos... |
25.09.2017 | Riby aims to transform the way over 20 million West Africans use co-operatives | Share this article:
Mr. Lanre used to be hesitant about loaning his colleagues at work money, having suffered from bad debts. Luckily for him, his organisation launched a co-operative scheme to manage employees’ finance. Among other things,... |
06.09.2017 | Solar energy: Nigeria’s best shot at eradicating its electricity problem | Share this article:
In March 2017, some nursing mothers protested at a hospital in Rivers State over the death of their babies as a result of a power outage at the hospital.
“My child was okay before they took light, but three hours after t... |
22.06.2017 | Why there will be many more billionaire-kidnappers like Evans | Share this article:
In 2016, the National Bureau of Statistics (NBS) revealed that the FCT and Lagos State reported a total of 58,566 crime cases. In Lagos State alone, 246 persons were murdered, 542 vehicles stolen and 486 armed robbery su... |
03.05.2017 | Lagos state’s new surveillance system amplifies the need for a unified database | Share this article:
Last year, the Lagos State government announced plans to install 13,000 close circuit television (CCTV) cameras across the state as well as 6,000 street lights and security sensors for surveillance and crime prevention a... |
24.02.2017 | Angry Nigerian Media Voices: On Reports of Xenophobic Attacks in South Africa | wp_booster error:
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31.10.2016 | The Young Moguls that built a Media Empire in Nigeria with zero capital | Share this article:
With almost 30 years of industry experience between them, Chude Jideonwo and Adebola Williams have managed to build a media empire, all before they turned 30. They are the co-founders of RED Media Africa, the company beh... |
12.07.2016 | How to effectively get Angels, VCs and the media to notice your new Startup | Share this article:
The ideas I want to share with you can help you get the attention of the President of the United States of America even if it is just to tell him what you ate for breakfast. It is that powerful…..I am not kidding. Howeve... |
11.07.2016 | A new player is entering Africa’s online video race | - |
14.04.2016 | How Nigerian Startups can effectively use TV and Newspaper Ads to grow fast | Share this article:
What are the benefits when your startup is featured in local and (inter)national newspapers or you appear on TV? I wish you knew.
Talking about the benefits of this kind of coverage, Derek Halpern said: The RIGHT coverag... |
04.01.2016 | 5 Things Slowing the Growth of Technology in Nigeria | Making businesses’ more efficient, so they can provide a better service to the public at a lower cost. That is the idea behind Blueport Software. It has been a year now since I moved back to Nigeria to start Blueport. It has been a very suc... |
21.12.2015 | Diamond Bank’s CEO can’t do without these 15 apps | Mobile apps are becoming more relevant and popular in this time and age; especially with the increase in the number of people with access to smartphones. Their ease of use and intuitiveness has led to their growing demand among the busy and... |
20.09.2012 | Beyond Consumerism: Empowering The Next Generation Of Innovative Africans | Africans are often regarded as big consumers and small producers, even though the continent is rich with natural and human resources. Our capacity to consume in Africa far outweighs our local production level. We can boast of little or no i... |
20.09.2012 | As Arik Air Reaches 10 Millionth Landmark, Senate Hints At National Carrier Status | After 6 years of charting the African skyline, West Africa largest commercial airline, Arik Air has reached the 10 millionth passenger landmark at the end of the summer season.
The lucky passenger, a Nigerian businessman and Director of Rea... |
- | ‘Bandits’ kill 10 soldiers in attack on Nigerian military facility | At least 10 soldiers have been killed and an unconfirmed number of others wounded after an attack by armed groups locally known as bandits on a military facility in Birnin Gwari in the northwestern state of Kaduna in Nigeria.
Lagos-based Ch... |