Nigerian travelers are experiencing significantly higher international airfares compared to their counterparts in neighboring countries. Despite the high demand for travel, airfares from Nigeria remain much more expensive. For instance, a recent viral social media post highlighted that a Lagos to London flight costs $1,636 while the same route from […]
Technology
The Central Bank of Nigeria (CBN) has announced the signing of collaboration agreements in financial technology (fintech) with the Central Bank of Egypt. This development was shared by the apex bank on its official Twitter account on Tuesday. The signing ceremony for the partnership occurred at the recently concluded ‘Seamless […]
A delegation of more than 15 U.S. businesses is set to visit Nigeria for B2B meetings and networking events, organized by the U.S. Commercial Service (CS Nigeria). The trade mission delegates will have a specific focus on ICT/Cybersecurity, Beauty Care/Consumer Goods, Automotive, and Trade Multiplier services. If you wish to […]
Uber’s Country Manager in Nigeria, Tope Akinwumi, announces the launch of the emergency in-app service and audio recording feature in the country. Uber, an American vehicle-for-hire and delivery company, has introduced these features to prioritize the safety of drivers and riders. The inclusion of technology aims to continuously improve safety […]
The on-going Skill Acquisition Training and Youth Empowerment Programme of the National Agency for Science and Engineering Infrastructure (NASENI) is fast gaining traction and the attention of many State government across the federation. The latest to buy into it is the Osun State Governor Senator Ademola Adeleke who […]
MarkHack 2.0’s top 5 finalists will go through a 3-month incubation program at Eko Innovation Center, receiving $50,000 USD seed capital upon completion. MarkHack’s curator and Founder of Eko Innovation Center, Victor Afolabi, announced this at the event’s grand finale in Lagos, Nigeria. The program involved innovative pitch sessions, […]
The parent company of TikTok, Bytedance, has ventured into the realm of music streaming by introducing TikTok Music. This newly launched subscription-based service allows users to synchronize their existing TikTok accounts. By doing so, they gain the ability to explore, download, and enjoy tracks discovered within the video app. With […]
The technology brand,TECNO, announces the introduction of its environmentally-friendly ‘Magic Skin’ design, powered by recycled materials, contributing to the preservation of the planet and mitigating the adverse impacts of climate change. During a recent media parley in Lagos, the Marketing Manager of the company, Thompson Ani, revealed that TECNO is […]
The Chairman of the Trade Promotion Board at the Lagos Chamber of Commerce and Industry (LCCCI), Leye Kupoluyi, cautioned industrial entities about the impending disruptions caused by advancing technology at a media launch for this year’s Information Communication Technology and Telecommunications Expo. He emphasized the need for businesses to […]
The President of Dangote Group, Aliko Dangote, has managed to remain Africa’s wealthiest individual, even with the Nigerian currency’s fluctuation relative to the dollar, as indicated by the Bloomberg Billionaires Index. In the latest daily top billionaire lists, Dangote’s wealth was evaluated at a remarkable $15.6 billion, securing his position […]