Information and communications technology will benefit from easier access to foreign exchange, the World Bank has disclosed. It revealed this in its recent Nigeria Development Update report. According to the Word Bank, recent reforms by the Federal Government would contribute…
Smartphones are mini-computers; it all depends on what you are using them for. Though it could be a source of huge distraction, it can also be a productivity tool. Justice Okamgba writes on how you up productivity with your smartphones…
MAKA, a fashion and beauty e-commerce platform, has raised $2.65m in the pre-seed round. It noted that its round was co-led by investors such as 4DX Ventures and Janngo, Palm Drive Capital, Jonathan Shipman, and executives from delivery platform Wolt.…
The global Personal Computer market is set to recover in 2024 after managing to outperform expectations in the third quarter of 2023, the International Data Corporation has disclosed. Total shipments of PC grew to 68.5 million in the quarter being…
Victims lost $374.6m to approval phishing scammers from January to November, Chainalysis has revealed. In a preview of its upcoming ‘2024 Crypto Crime Report,’ the blockchain firm noted that the last two years have seen a significant growth in approval…
Anthropic, the OpenAI rival founded by ex-OpenAI employees, is in talks to raise a $750m funding round led by Menlo Ventures, a person with direct knowledge of the matter told CNBC. According to CNBC, the round would value Anthropic at…
Two e-commerce firms, Wasoko and MaxAB, have announced that they have signed preliminary merger terms to come together to drive the transformation of the continent’s informal retail sector. They stated that the merger would have a collective customer base of…
The recently signed Final Act WRC-23 by Nigeria will help improve the quality of network experience and boost access in the country, the Nigerian Communications Commission has disclosed. The Final Act, an inter-governmental treaty, was signed at the WRC-2023 conference…
The budget allocation to the Ministry of Communications, Innovation and Digital Economy fell for the second year in a row, despite its significant contributions to the country’s Gross Domestic Product. According to the budget submitted by President Bola Tinubu, the…
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