Cybercrime Costs Nigeria Over $3bn in Six Years, NITDA Seeks Stronger Cyber Defences
The National Information Technology Development Agency (NITDA) has revealed that Nigeria lost more than $3 billion to cybercrime between 2019…
UAE highlights investment drive in Nigeria, others
The United Arab Emirates has highlighted its expanding investment and development partnership with Nigeria and other African countries, citing increased…
Africa’s Biggest Entrepreneurship Gathering Heads for Cape Town
As African entrepreneurs gather under one umbrella Africa’s entrepreneurial ecosystem is experiencing a period of unprecedented growth. Across the continent,…
IBM Shares Crash 25% as AI Upends Software Spending
The company suffered a steeper one-day fall than during the 1987 Black Monday crash. IBM said it had “faltered” in…
10,000-Passenger Terminal Boosts Hajj Operations
NIGERIA has revitalized the Hajj Terminal at Murtala Muhammed International Airport, enhancing its capacity to process 8,500 to 10,000 passengers…
South African Inflation Surges to 5% – A Two-Year High
A fourth straight month of accelerating prices has put the Reserve Bank’s 3% target far from reach. South Africa’s headline…
FG rakes in $2.016bn royalties from Shell
Shell says it paid $2.016 billion in royalties to the Federal Government and awarded $518 million in contracts to Nigerian…
Nigeria hosts Africa’s ICT policymakers as continent charts next digital agenda
Ministers of Telecommunications, Information and Communication Technologies (ICTs), and the Digital Economy in Africa will convene in Nigeria’s federal capital,…
Finance Minister seeks stronger cooperation of financial system stability
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, said a stronger financial system was critical to…
Crude oil taxes have increased Nigeria’s FX reseves to $52.5bn , says CBN Governor
Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), says the country’s gross external reserves rose to $52.52…