TensorWave Raises $100M to Accelerate AI Infrastructure Growth with AMD-Powered GPU Clusters
Las Vegas-based AI infrastructure startup TensorWave has successfully raised $100 million in a significant Series A funding round, announced on…
Category: Technology
Cyber Talent Drain Threatens Nigeria’s Digital Defenses
Nigeria is facing an escalating cybersecurity crisis due to a severe shortage of skilled professionals, just as the volume and…
CBN Launches NRBVN Platform to Boost Diaspora Remittances to $1 Billion Monthly
In a significant stride towards deepening financial inclusion, the Central Bank of Nigeria (CBN), in partnership with the Nigeria Inter-Bank…
Abia State Partners with MTN Nigeria to Drive Digital Transformation and Economic Growth
The Abia State Government has signed a Memorandum of Understanding (MoU) with MTN Nigeria to advance its digital transformation strategy.…
IMF Warns Surge in AI-Driven Electricity Demand Could Strain Global Economy and Environment
The International Monetary Fund (IMF) has issued a warning about the rapidly growing electricity demand driven by the expansion of…
Opera’s MiniPay Expands Access to Digital Dollars with Global App Launch
Opera has officially launched its MiniPay app for digital dollars on both iOS and Android platforms, providing a user-friendly, low-cost…
Trump Heads to Gulf With Bold Agenda: Oil, AI, Trade, and Nuclear Talks in Focus
President Donald Trump is heading to the Gulf for a high-stakes diplomatic visit, making stops in Saudi Arabia, the UAE,…
Apple to Tackle iPhone Battery Life with AI in iOS 19 Update
Apple is preparing to address one of the most common issues iPhone users face—battery life—by integrating artificial intelligence (AI) into…
African deep tech innovation takes stage at summit
The second edition of the DeepTech Summit (DTS) was successfully held at the University Mohammed VI Polytechnic (UM6P) in Benguerir,…
AI Set to Reshape Nigerian Businesses and Jobs: CEOs Embrace Tech-Driven Growth
The future of work in Nigeria is getting a high-tech upgrade, with artificial intelligence (AI) poised to transform how businesses…
Nigeria to Deploy $3 Billion Telecom Infrastructure by June 2025 to Boost Digital Inclusion
Nigeria is set to receive telecommunications infrastructure worth $3 billion by June 2025, according to the Minister of Communications, Innovation…
10% Of Nigerians Affected By Data Breaches Since 2004 – Report
A new report by global cybersecurity firm Surfshark reveals that 10% of Nigerians have fallen victim to data breaches since…
Tinubu’s “Nigeria First” Policy Set to Boost Local Industry and Jobs, Says NASENI
President Bola Ahmed Tinubu’s recently launched “Nigeria First” policy has received strong backing from the National Agency for Science and…
OpenAI and Microsoft Rework Partnership Amid $57.9B Funding and IPO Talks
OpenAI and Microsoft are in the midst of high-level negotiations to reshape their multibillion-dollar partnership, with an eye on enabling…
SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffers
SoftBank Group is expected to report a net loss of 26.9 billion yen ($184.4 million) for its fourth quarter, marking…
MTN Nigeria Pays N764.2bn in Taxes, Invests N3.5bn in Social Initiatives, and Reinforces ESG Leadership
MTN Nigeria Communications Plc (MTNN) announced a substantial contribution of N764.2 billion in taxes, levies, and duties to the Nigerian…
Microsoft 2025 Work Trend Report: Rise of the Frontier Firm Signals AI-Led Workforce Evolution
Microsoft’s 2025 Work Trend Index, developed in collaboration with LinkedIn, introduces the concept of the “Frontier Firm”, a new type…
Nigeria Records 119,000 Data Breaches in Q1 2025 Amid Global Decline — Surfshark Report
In the first quarter of 2025, Nigeria recorded over 119,000 data breaches, according to a new report from cybersecurity firm…
Shareholders Urge SEC to Overhaul Unclaimed Dividend Process in Nigerian Banks
Shareholders in Nigeria are pressing the Securities and Exchange Commission (SEC), registrars, and stockbrokers to reform the process for claiming…
OpenAI Appoints Fidji Simo as CEO of Applications to Drive Global Operations and Growth
OpenAI has announced that Fidji Simo will become its new Chief Executive Officer of Applications, a role aimed at scaling…
Airtel Africa Gears Up for Airtel Money IPO, Projects H1 2026 Listing and Robust Financial Performance
Airtel Africa is making significant strides in its preparation for the IPO of Airtel Money, its mobile money service, with…
Microsoft Triumphs in FTC’s Appeal, Securing $69 Billion Activision Blizzard Acquisition
In a significant legal win for Microsoft, a federal appeals court ruled on May 7, 2025, to reject a challenge…
Trump Administration to Overturn Biden’s Global AI Chip Export Restrictions
The Trump administration is set to rescind and revise a Biden-era regulation that aimed to limit the global export of…
Africa’s Digital Leap: How Multi-Industry Fintechs Like Redtech Are Powering a Connected Future
Africa’s digital economy is undergoing rapid transformation, with fintechs leading the charge. While traditional players like Moniepoint and Flutterwave have…
SEC Launches Tech Adoption Survey to Accelerize Innovation in Nigerian Capital Market
The Securities and Exchange Commission (SEC) of Nigeria has initiated a technology adoption survey targeted at Capital Market Operators (CMOs),…
African Startups Raise $803M in Early 2025, Signaling Strong Tech Sector Rebound
In a strong indication of recovery, African startups have collectively raised $803 million in funding between January and April 2025—a…
Gmail Users Face Lockout Risk After Sophisticated Phishing Attack, Google Warns
Google has sounded the alarm for its 1.8 billion Gmail users, urging anyone affected by a recent password hack to…
Nigerian CEOs Embrace AI and Market Expansion to Tackle Economic Challenges – PwC Survey
Nigerian CEOs are aggressively adopting artificial intelligence and exploring new markets as part of broader efforts to future-proof their companies…
OpenAI to Halve Microsoft Revenue Share Amid Corporate Restructuring
OpenAI has informed investors that it plans to significantly reduce the share of its revenue going to Microsoft as part…
Nigeria Must Strengthen AI Regulations to Build Trust and Innovation, Says Microsoft MD
To fully harness the potential of Artificial Intelligence (AI), Nigeria needs to establish a robust regulatory framework, according to Ola…