Browsing: Science & Technology

Nigeria’s hopes for a major oil revenue boost in 2024 appear dashed as international oil companies (IOCs) prioritise projects elsewhere, sanctioning a staggering $125 billion worth…

Nigeria’s oil production has slumped by 104,062 barrels per day (bpd), raising concerns about the future of the country’s petrodollar income amid the lingering foreign exchange…

Nigeria is the third most vulnerable country to cyber-attacks, with banking malware attacks rising to 8 percent in 2023. Despite an overall 10 percent decrease in…

The Federal Government of Nigeria (FG) has set an ambitious target for the nation’s electricity Distribution Companies (DisCos) – distributing 6,100 megawatts (MW) of power within…

Pivoting to other businesses and products is offering a lifeline to startups in Nigeria. These startups, trying to survive difficult economic and business conditions, are finding…

Nigeria’s electricity sector has been haemorrhaging funds for over a decade, with N6 trillion gulped down by subsidies in the past ten years. Data from the…

Seven Nigerian banks made N108.4 billion from electronic banking in 2023. This is according to their audited results for 2023, which showed a 23.60 percent increase…

Kenya’s mobile money pioneer, M-PESA, isn’t just about sending and receiving money anymore. Safaricom has grand ambitions to transform M-PESA into a comprehensive financial hub, a…

Let me be honest, when I stumbled across the AOMAIS Sport II, my expectations were, well, low. See, I have had been using the Oraimo Bass…

Nigeria’s oil futures, Brass River and Qua Iboe, recorded gains on Wednesday as escalating conflicts in the Middle East and between Russia and Ukraine, a shrinking…