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FCMB kicks off its 10th season of the Millionaire Promo, offering N1m prizes to winners across Nigeria, with draws until September 2025.  First City Monument Bank (FCMB) has officially launched the 10th season of its highly anticipated...
Banks in the FCT have increased their over-the-counter withdrawal limit to N50,000, up from N5,000, improving cash access for customers.  Deposit Money Banks in the Federal Capital Territory (FCT) have increased their maximum over-the-counter withdrawal limit...

Nigerian Airlines now sourcing Jet A1 fuel from Dangote refinery

Nigerian airlines confirm purchasing Jet A1 fuel from Dangote Refinery, exploring local sourcing to reduce fuel costs in the aviation sector.  Nigerian airline operators have...

Nigeria’s inflation rate rises to 32.70% in September 2024

Nigeria's headline inflation rate increased to 32.70% in September 2024, largely due to rising petrol prices.  Nigeria's headline inflation rate surged to 32.70% in September...

Nvidia overtakes Microsoft in market capitalization, surging to $3.13 Trillion

Nvidia's market capitalization surpassed Microsoft's, reaching $3.13 trillion, driven by strong AI demand for its GPUs. Nvidia(NVDA) has overtaken Microsoft (MSFT) in market capitalization, making...

Vodafone expands Google partnership to boost AI-Powered services across Europe, Africa

Vodafone expands its partnership with Google to enhance AI-driven services, targeting customers across Europe and Africa over the next decade. Vodafone has expanded its partnership...

Nigeria faces gas supply crisis by 2030, NUPRC warns

Nigeria may face a gas supply shortfall of 3.1 billion cubic feet daily by 2030, warns the Nigerian Upstream Petroleum Regulatory Commission. Nigeria could face...

Nigeria sees surge in cryptocurrency adoption amid economic challenges

A report by Chainalysis highlights that cryptocurrency adoption in Nigeria is increasing, with the country receiving approximately $59 billion in cryptocurrency from July 2023...

Moove expansion into the U.S.: Nigerian mobility startup targets profitability with EV focus

Nigerian mobility startup Moove is expanding into the U.S., aiming to boost profitability by 2025. The company focuses on electric vehicle financing and driver...

Apple introduces advanced “clean up” tool in latest iOS 18.1 Beta for seamless photo editing

Apple has introduced a range of new features in its latest developer betas for iOS 18.1, iPadOS 18.1, and macOS 15.1, with a particular...

Workpay secures $5 million in Series A funding to fuel expansion across Africa

Kenyan HR and payroll startup Workpay has raised $5 million in Series A funding, a significant milestone that underscores the company’s rapid growth and...

TRG Datacenters study reveals most unreliable work-related platforms of 2024 amid global outages

In a comprehensive study conducted by TRG Datacenters, the work-related services and platforms that have experienced the most significant global outages over the past...

Dangote Group denies reports of N600 per litre petrol pricing

Dangote Group has issued a firm denial of recent reports suggesting that it plans to set the pump price of petrol at N600 per...

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