Corporate Stablecoin Adoption Set to Surge as U.S. Senate Approves Regulatory Framework
The U.S. Senate has passed a bill that could significantly shape the future of stablecoins, marking a major milestone in…
Category: Technology
USSD Now Costs ₦6.98 per 2 Minutes as Direct User Billing Begins Nationwide
Starting June 18, 2025, Nigerians using USSD codes for mobile banking and other digital transactions will now pay ₦6.98 for…
Tensions Escalate as Trump Mulls Iran Strike, Markets React Sharply
Hopes for a ceasefire between Israel and Iran took a blow after U.S. President Donald Trump made inflammatory posts on…
Experts Highlight Urgent Need for AI Infrastructure at Lagos Tech Forum
Global infrastructure company Vertiv, in collaboration with Africa Hyperscalers and Turner & Townsend, is hosting the AI Solutions Innovation Roadshow…
Nigeria Takes Key Role in Global Push to Connect 2.6 Billion Offline People
Nigeria has reclaimed a leading position in global digital policy as Dr. Bosun Tijani, the Minister of Communications, Innovation, and…
Telcos Hail New USSD Billing Rule as NCC, CBN Tackle Bank Payment Default
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has endorsed a new billing framework for USSD transactions called the…
Elon Musk’s xAI Nears $5 Billion Debt Raise Despite Tepid Investor Interest
Elon Musk’s artificial intelligence startup, xAI, is on course to secure $5 billion in fresh debt financing led by Morgan…
Wall Street Slips as Mideast Tensions and Fed Uncertainty Weigh on Markets
Wall Street futures declined on Tuesday amid growing investor caution as the Israel-Iran conflict entered its fifth day. The ongoing…
German AI Defence Start-up Helsing Secures €600 Million in Major Investment Round
German defence technology start-up Helsing has successfully raised €600 million in its latest funding round, significantly boosting its market valuation.…
OpenAI Considers Antitrust Action Against Microsoft Amid Partnership Tensions
OpenAI executives are weighing whether to accuse Microsoft, their largest investor, of anticompetitive practices, according to a report by the…
Beyond the Balance Sheet: Nigeria’s Bank Recapitalisation Spurs Debate on Profit vs Purpose
With only months left before the Central Bank of Nigeria’s (CBN) recapitalisation deadline, banks in Nigeria are rushing to meet…
U.S. Futures Edge Up Amid Mideast Tensions and Fed Rate Speculation
U.S. stock futures showed modest gains on Monday, rebounding slightly after last week’s sharp losses driven by escalating conflict between…
Microsoft Commits to Keeping European Cloud Data Within EU Borders
Microsoft has announced a comprehensive plan to protect the data of its European cloud customers by ensuring all data remains…
SEC Pushes for Recovery of N242bn in Unclaimed Dividends Amid Rising Backlog
The Securities and Exchange Commission (SEC) of Nigeria has revealed that unclaimed dividends in the nation’s capital market have ballooned…
Meta Appoints Arun Srinivas as India Head Amid Regulatory Scrutiny
Meta Platforms has named Arun Srinivas as its new Managing Director and Head for India, with the appointment taking effect…
DevSecFlow Launches AI-Powered Cybersecurity Platform to Fortify Nigeria’s Fintech Sector
DevSecFlow, a cybersecurity firm, has launched an advanced security operations platform called SECOYA, aimed at providing intelligent and scalable cyber…
Sophos Supercharges Firewall Security with AI-Powered Threat Detection and Enhanced VPN Support
Sophos, a global cybersecurity leader, has released an advanced update to its Sophos Firewall software, introducing AI-driven threat detection capabilities…
Nigeria’s Telecom Sector Bleeds $350 Million Annually on Diesel Amid Power Crisis – AFC Report
Nigeria’s telecommunications industry spends over $350 million annually on diesel to power its infrastructure, according to the Africa Finance Corporation’s…
Government Orders 10–15% Data Bundle Boost by July 1 to Improve Accessibility-Ghana
In a major policy move aimed at improving internet accessibility across Ghana, the government has directed all major mobile network…
France’s Mistral Launches Europe’s First AI Reasoning Model in Bid to Rival U.S. and China
French AI startup Mistral has unveiled Europe’s first AI reasoning model, marking a significant step in the continent’s race to…
Crypto Exchange Bullish Quietly Files for U.S. IPO Amid Renewed Market Optimism
Peter Thiel-backed cryptocurrency exchange Bullish has reportedly filed confidentially for an initial public offering (IPO) in the United States, according…
Meta and Nigerian Government Launch AI Accelerator to Drive Local Innovation
Meta, in collaboration with Nigeria’s Federal Ministry of Communications, Innovation, and Digital Economy (FMCIDE), has launched the Llama Impact Accelerator…
Global Outage Hits OpenAI’s ChatGPT, Users Worldwide Left Disconnected
OpenAI’s ChatGPT, one of the world’s most popular AI-powered chatbots, experienced a significant global outage on Tuesday, June 10, 2025.…
Google Faces Record Fine in Mexico as Antitrust Decision Nears
Mexico’s Federal Economic Competition Commission (Cofece) is expected to rule by June 17 on whether Google engaged in monopolistic practices…
French AI Challenger Mistral Unveils First European-Focused Reasoning Model to Rival OpenAI, DeepSeek
French artificial intelligence startup Mistral, backed by Microsoft, has officially entered the global AI race with the launch of its…
Amazon Commits $20 Billion to Pennsylvania Data Centres in Major AI and Cloud Push
Amazon has announced a landmark investment of at least $20 billion in Pennsylvania to expand its data centre footprint and…
Meta Bets Big on Scale AI with Historic $10 Billion Investment
Meta Platforms Inc. is preparing to invest more than $10 billion in Scale AI, a move that marks its most…
US-China Trade Talks Enter Day Two Amid Tension Over Tech and Tariffs
Trade negotiations between the United States and China resumed in London for a second day, with both sides aiming to…
U.S. and China Resume High-Stakes Trade Talks in London Amid Rare Earths Dispute
U.S. and Chinese officials reconvened in London on Tuesday for a second day of trade talks, with global markets closely…
Morgan Stanley Markets $5 Billion xAI Debt Amid Musk-Trump Fallout
Morgan Stanley is marketing a $5 billion debt package for xAI, the artificial intelligence startup owned by Elon Musk, sources…