Blog

Clearing agents at the nation’s seaports have voiced strong concerns over escalating demurrage charges caused by an unexpected bank server outage, severely disrupting port operations. The technical failure has stalled payment transactions essential for cargo clearance, leading to prolonged container storage and increasing costs for importers and exporters. Industry insiders report that the bank’s server […]

The Transmission Company of Nigeria (TCN) has warned against building or engaging in any activities under transmission lines, following a thunderstorm fire that severely damaged property along the 132kV Otukpo–Nsukka–New Haven transmission line. The TCN said that a thunderstorm on the evening of September 3, 2025, caused a conductor on the line near Tower 97 […]

The Nigerian equities market, yesterday, began the trading week in a positive position as investors’ investments rose by N262 billion. Precisely, the All-Share Index up by 227.68 points, representing a gain of 0.24 per cent to close at 96,205.85 points. Also, market capitalisation appreciated by N262 billion to close at N88.199 trillion. The upturn was […]

The Nigeria Employers Consultative Association will be part of a summit hosted by the Federation of Kenya Employers, Business Africa Employers Confederation, International Labour Organisation (ILO) and the International Organisation of Employers (IOE), to champion business growth and the digital economy on the continent. This event brings together business leaders, policymakers and global experts to […]

The federal government and stakeholders in the Information and Communications Technology (ICT) sector have assured local tech startups of technical and funding support to scale globally. The experts, who spoke on the sidelines of the just concluded GITEX Nigeria Tech Expo and Future Economy Conference in Lagos, said that while startups in Nigeria don’t have […]

Information Analyst and cybersecurity expert, Nathaniel Akande has stated that Artificial Intelligence (AI) has become a critical pillar for building scalable and innovative enterprises across Africa. Hence, AI is no longer a distant technological concept but an active force reshaping how African businesses operate, scale, and deliver value. Speaking on the evolving role of AI, […]

The founder and chief executive officer (CEO) of Afiatv, Emeka Mba, has said that beyond trends, policy, infrastructure, and business models play a fundamental role in shaping audience behaviour. Speaking on the topic, ‘The New Viewers: Trends in Taste and Psychology,’ while addressing participants of the MTN Media Innovation Programme (MIP-4) at Pan-Atlantic University, Lagos, […]

A global technology company, Zoho, has launched Zia LLM—the company’s proprietary large language model, a no-code agent builder, Zip Agents Studio, with over 25 deployable Zip agents and a Model Context Protocol (MCP) to open up Zoho’s vast library of actions to third-party agents. “Today’s announcement emphasises Zoho’s longstanding aim to build foundational technology focused […]

A Nigerian  digital bank, Bankit Microfinance Bank (MFB) has successfully showcased its innovations and growth journey at the just concluded GITEX Africa, one of the continent’s largest platforms for technology and innovation. At the event, Bankit MFB highlighted its strides in fintech in Nigeria, reinforcing its role as a CBN-licensed and NDIC-insured digital bank committed […]

Nigeria’s external reserves have continued to accumulate, pushing the value of the naira to appreciate at both the official and parallel ends of the market. The Nigerian Foreign Exchange Market (NFEM) recorded an inflow of $2.8 billion in August. According to data by the Central Bank of Nigeria (CBN), gross reserves rose for the ninth […]