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Nigerian man extradited to U.S. over multimillion-dollar hacking and fraud scheme

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Disney’s ESPN to acquire NFL Network, RedZone

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Germany expands Schengen visa access with new centres in Nigeria, Cameroon, and Cyprus

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Business and economic news from Nigeria and around the world.

Open Banking Nigeria gets backing from eTranzact and Accounteer

by Titobioluwa Okunade

eTranzact International Plc and Accounteer disclosed they were partnering with Open Banking Nigeria.

FG reiterates commitment to rejig steel sector, moves to ban steel importation

In a bid to revive the steel sector and encourage the local steel manufacturing industry, FG is considering the total...

Seplat commences $700 million gas plant construction, Vitol Energy transfers 4.63 million shares to Seplat , Seplat, Three more companies announce their closed period ahead of Q3 financial result , Seplat’s 9 months revenue dips by 11.5% according to latest earnings report, Earnings quality undermined by missed output, oil shocks, Firm issues warning over Seplat Petroleum’s acquisition of Eland Oil & Gas

Firm issues warning over Seplat Petroleum’s acquisition of Eland Oil & Gas

Starcrest Nigeria Energy Limited has issued a stern warning on the acquisition of Eland Oil & Gas by Seplat Petroleum...

Why Detty December is synonymous with the growth of Nigerian tourism

by Op-Ed Contributor

As the December period approaches, we would start to see a lot of events organized by several promotional companies.

Network operators accept government’s ‘shared facility arrangement’ that limits financial risk

by Fakoyejo Olalekan

Telecommunications companies have expressed their willingness to operate a shared facility proposed by the Federal Government.

Border Closure: Afreximbank boss demands use of Blockchain technology, , Afreximbank bags $100 million credit facility, Afreximbank pledges $500 million to support African creative products

Afreximbank urges Nigeria, other African countries to take advantage of opportunities in AfCFTA

The President of Afreximbank, Prof. Benedict Oramah has urged Nigerians and other African countries to take advantage of AfCFTA.

FG directs the suspension of NIMC staff involved in extortion of NIN applicants, SIM. Social media accounts monitoring, FG completes 11 projects to drive Digital Economy, FG orders NIPOST to stop cash transactions , Pantami moves to ban automatic voicemail service by telcos , Why Nigeria’s Data woes may not end soon , Pantami reacts to CBN’s ATM fee cut, keeps mute on directive to cut data cost , Pantami condemns FIRS move to collect stamp duty, MTN, Airtel, others disregarding Pantami’s voicemail, data directives on all front , FG warns State governments against RoW charge increase, FG reiterates commitment towards implementing broadband strategy ,FG reiterates commitment to 75% broadband penetration in 5 years , Pantami tasks Youth on developing creative and entrepreneurial digital skills

Pantami moves to ban automatic voicemail service by telcos

by Joseph Olaoluwa

Dr Isa Pantami has ordered the deactivation of automatic voicemails on existing phone lines in the country, according to Nigerian Tribune.

Square buys $50 million worth of Bitcoins, Twitter warns political figures to abstain from fake, misleading statements, Has Twitter's Jack Dorsey changed the popular narrative attached to Nigerians?, Twitter forecasts future drop in revenue after milestone record in 2019 Q4 , Twitter founder, Jack Dorsey invest N2.3 million in Nigerian startup, DevCareer , Some Verified accounts may not be able to tweet, as Twitter freezes password reset to address cyberattack, Jack Dorsey Sells First-ever Tweet for $2.9 million dollars as an NFT

Has Twitter’s Jack Dorsey changed the popular narrative attached to Nigerians

It came as a surprise when Twitter's Co-founder, Jack Dorsey offered Nigerian tech developer, Dara Oladosu a job during his...

PalmPay launches new payment app

by Abiola Odutola

PalmPay has launched a new mobile wallet application in Nigeria to aid CBN’s cashless policy and reward users with bonuses.

Ropeways, AfDB reap gains at Africa Investment Summit

by Joseph Olaoluwa