The West Indian Ocean Cable Company (WIOCC) has secured $41 million in debt funding to expand data centre infrastructure in Nigeria, South Africa, Democratic Republic of...
The Biden administration announced on Thursday that it would ban the sale of software in the U.S. built by Russian antivirus vendor Kaspersky Lab, citing longstanding...
The Federal Government has approved a final N280 billion for Julius Berger Nigeria PLC to complete the Bodo-Bonny road project in Rivers State. This announcement was...
First Bank of Nigeria Limited has appointed Olusegun Alebiosu as its substantive Managing Director/Chief Executive Officer. Mr. Alebiosu has been serving as the Acting Managing Director...
India’s Financial Intelligence Unit (FIU) has imposed a fine of 188.2 million rupees ($2.25 million) on Binance, the world’s largest crypto exchange, for operating in the...
PayPal has appointed Srini Venkatesan, a top tech executive from Walmart, as its new Chief Technology Officer to spearhead the company’s foray into artificial intelligence. Venkatesan’s...
Nigerian fintech company, Carbon, has announced the shutdown of its debit card operations in Nigeria, just two years after the service was launched. This decision was...
Electric vehicle startup Fisker, which sought Chapter 11 protection earlier this week, said its U.S. units had also filed for bankruptcy in a court in Delaware...
The Lagos State Government (LASG) has finalized plans to create a dedicated Aviation Unit within the Lagos State Ministry of Transportation. This initiative is a key...
GE Aerospace is embarking on an ambitious project to develop a hybrid electric engine, aiming to power next-generation narrow-body jets by the middle of the next...
