Browsing: Science & Technology

The recent rise in oil prices has raised the prospect of $100 per barrel but Nigeria, the largest producer of the commodity in Africa, may not…

Nigeria’s internet usage dipped to 694,804.54 terabytes (TB) in February, according to new data from the Nigerian Communications Commission. This marks the country’s first internet usage…

The Federal Government has unveiled plans to launch a multipurpose national identity card. The identity solution would provide payment capability for all social and financial services.…

Startups have begun to embrace mergers to survive funding shortages and economic headwinds. According to a report by Briter Bridges, at least two fintech companies merged…

HabariPay, the fintech subsidiary of Guaranty Trust Holding Company (GTCO) reported N2.17 billion profit after tax in 2023. A BusinessDay analysis of the financial report of…

INTERSTATE Electrics Limited, core investors in the Enugu Electricity Distribution Company (EEDC), has dismissed suggestions that it played any role by itself or in company of…

The Nigerian National Petroleum Company (NNPC) Limited has been reported to owe around $3 billion to oil traders for imported petrol. Five sources close to the…

MTN Uganda, the country’s leading telecommunications provider, announces the launch of its latest internet offerings under the WakaNet Home Internet. With a focus on delivering high-speed…

Nigeria is set to receive a much-needed boost in May with a $1.05 billion loan from the African Export-Import Bank (Afreximbank), according to reports from Bloomberg.…

Fintech companies in Nigeria have begun to leverage Unstructured Supplementary Service Data (USSD) code to expand their offline offering and curb rising payment fraud in the…