Nigeria’s digital payment ecosystem continues to break records, with electronic transactions hitting an unprecedented N1.08 quadrillion in 2024, an 80% increase from N600 trillion in 2023. This surge underscores the growing adoption of cashless payment systems, driven by improved financial technology, a reduction in cash-based transactions, and evolving consumer habits.…
Author: Staff Writer
Moove, the Africa-born vehicle financing company backed by Uber, has acquired Kovi, a Brazilian urban mobility provider. This acquisition marks a major step forward in Moove’s ambitious vision of building the world’s largest ride-hailing fleet while solidifying its presence in Latin America’s rapidly expanding market. While the financial details remain…
Ayoba, one of Africa’s super apps, has announced an innovative partnership with Chinese social media platform TikTok, in a bid to revolutionize digital entertainment on the continent. This collaboration integrates TikTok’s popular short-form video content directly into the Ayoba platform, delivering a seamless and localized entertainment experience for millions of…
When criminals deploy sophisticated techniques for forgery and fraud activities, document scanning and authentication systems must leverage better technological innovations to contain potential threats. Artificial intelligence (AI) emerges as a necessary tool in the digital landscape thanks to its limitless potential for augmenting many security-related processes and systems. The following…
While still reflecting on the emergence of DeepSeek and its seeming superiority over OpenAI’s ChatGPT and Google’s Gemini, another news from the East is trending. This time it is about China’s Chang Guang Satellite Technology Co. (CGST). This Chinese company has achieved a record-breaking 100 gigabits per second (Gbps) data…
In a dramatic turn of events, NVIDIA, the world’s leading AI chipmaker, experienced an unprecedented decline in market value, shedding nearly $600 billion in a single day. This historic downturn was triggered by the emergence of DeepSeek, a Chinese AI startup that unveiled a groundbreaking AI model capable of rivaling…
The artificial intelligence race is witnessing a seismic shift as DeepSeek, a relatively new entrant from China, takes the global stage, challenging established giants like OpenAI’s ChatGPT and Google’s Gemini. DeepSeek’s rise is not just about its cutting-edge technology but also its groundbreaking efficiency and unique approach to AI development.…
Approximately a year after introducing the Redmi Note 13, Xiaomi has raised the bar once more with the global debut of the Redmi Note 14 Series—a revolutionary lineup crafted to enhance the smartphone experience. The Nigerian launch event, took place in the vibrant city of Lagos, Nigeria today. Catering to…
The Nigerian Communications Commission (NCC) has approved a landmark 50% tariff adjustment for telecommunications companies, the first such increase in nearly eleven years. This decision comes amidst rising operational costs, economic pressures, and the need to sustain the telecommunications sector, which has been grappling with significant challenges, including a naira…
X (formerly Twitter) has rolled out a new video tab feature for users in the United States, marking a significant pivot towards prioritizing video content. This update aims to enhance discoverability and drive user engagement, reflecting a broader industry shift toward video-first platforms like TikTok and Instagram Reels. Positioned alongside…
In a dramatic series of events, TikTok briefly shut down in the United States over the weekend, only to return just hours later, thanks to a last-minute intervention by President-elect Donald Trump. The episode highlighted the platform’s immense cultural influence while underscoring the legal and political battles surrounding its operation…
Nigerian startup CreditChek has announced a significant investment from the Baobab Network. The innovative platform is tackling a long-standing challenge faced by African immigrants: access to financial services in their new countries of residence. In 2022, the startup raised $240,000 in pre-seed funding led by Atom Capital Founded by Kingsley Ibe and…
In line with the TikTok ban in the US, Apple has published a statement and a detailed support document outlining a list of apps removed from its App Store in the United States. This is an unusual step for the company, which rarely provides public updates about apps it blocks.…
Amid the ongoing TikTok ban and the removal of ByteDance’s CapCut app from major app stores, Meta has stepped in to seize the opportunity with a new offering. The tech giant announced a video editing app called Edits, designed specifically for creators who want powerful, mobile-first tools for producing high-quality…
As remote work continues to redefine professional lifestyles globally, several African countries have introduced digital nomad visas to attract remote workers. These visas offer an exciting opportunity to work and live in some of the continent’s most beautiful and culturally rich destinations. Updated for 2025, this article explores what a…
Donald Trump has once again made headlines, this time venturing into the cryptocurrency world with the launch of his official meme coin, $TRUMP. Announced just days before his second inauguration as President of the United States, the coin has already created a whirlwind of activity in the crypto market. Built…
In the age of Generative AI, where OpenAI’s ChatGPT and Microsoft’s CoPilot initially captured the spotlight, Google has reminded the world why it remains a dominant force in technology. With the recent integration of Gemini AI into Google Workspace, the tech giant is making a powerful statement: advanced AI should…
Dubai, a city renowned for its innovative and futuristic outlook, has launched a large-scale initiative to draw in international digital talent. The city has revealed the Creators HQ at Emirates Towers, backed by a generous AED 150 million ($40.8 million) Content Creators Support Fund. The launch, which took place during…
OpenAI has unveiled a new beta feature for ChatGPT called Tasks, signaling its ambitious entry into the competitive virtual assistant market, traditionally dominated by Apple’s Siri and Amazon’s Alexa. This feature marks a significant step in transforming ChatGPT from a real-time conversational tool into a proactive digital assistant capable of…
If you’ve ever relied on USSD codes to check your bank balance, transfer money, or pay bills, you might want to pay attention. The Nigerian Communications Commission (NCC) has approved the disconnection of USSD services for nine banks over unpaid debts owed to mobile network operators (MNOs). This move could…