Lagos, Nigeria – April 30, 2025 Guaranty Trust Bank (GTBank) has announced a revision of its SMS alert charges, with the new rate set at ₦6 per message, up from the previous ₦4. The updated fee structure will take effect on Thursday, May 1, 2025. In a message sent to […]
China’s factory activity contracted at its fastest pace in 16 months in April, as steep US tariffs took a heavy toll on the manufacturing sector, adding urgency to Beijing’s efforts to roll out fresh economic stimulus. The manufacturing Purchasing Managers’ Index (PMI) fell to 49.0 in April, the weakest […]
The Young Innovators of Nigeria (YIN) has called on the Federal Government to provide a more enabling environment that will allow young inventors to fully contribute to national development and economic transformation. Speaking in Abuja during an interview with the News Agency of Nigeria (NAN), the founder of YIN, Mr. […]
By CHIMEZIE ORISAKWE It is often wise to be sceptical when politicians promise heaven on earth because, more often than not, they have shown Nigerians that their grand declarations frequently lack corresponding action. Like many Nigerians, I have learned to take such a political promise with a grain of salt. […]
The Institute of Information Management (IIM) Africa proudly announces its 2025 Global Convention, Induction, Investiture, and Awards Ceremony, a prestigious gathering of thought leaders, professionals, policymakers, and innovators across the public and private sectors. Scheduled to take place from May 12 to 17, 2025, at the University of Lagos, this […]
Nigeria has taken a significant step in bolstering its cybersecurity framework with the enactment of the Cybercrime (Prohibition, Prevention, etc.) Act, 2024. The updated law aims to address emerging threats in the digital space, protect critical national information infrastructure, and promote safer online practices for individuals, businesses, and government agencies. […]
Digital Realty, a global leader in data center and interconnection solutions, has announced the expansion of its interconnection platform, ServiceFabric, into Nigeria. The platform will be deployed natively at the company’s LOS1 and LOS2 facilities in Lagos, providing Nigerian enterprises with low-latency, high-performance connectivity and access to global cloud and […]
Tesla has announced a significant decline in its financial performance for the first quarter of 2025, reporting a 71% decrease in net income to $409 million, compared to $1.4 billion in the same period last year. Revenue also fell by 9% to $19.3 billion, with automotive sales dropping 20% year-over-year. […]
The Internet eXchange Point of Nigeria (IXPN), the nation’s leading Internet Exchange Point, has announced a groundbreaking achievement: surpassing 1 Terabit per second (1Tbps) in aggregate peak domestic internet traffic for the first time1 . This landmark achievement signifies a major advancement in the development of Nigeria’s internet infrastructure and […]
Edo State Governor, Senator Monday Okpebholo, has ordered the immediate and indefinite suspension of Dr. George Oshiapi Egabor, the Okumagbe of Uwano Kingdom in Agenebode, Etsako East Local Government Area, following a string of kidnappings and killings in the area. The action comes amid heightened concern over insecurity in the […]
