Bank of England rejects major overhaul of cash system
The Bank of England has told top banks to clarify by March, on how they will keep enough cash…
Category: Technology
FT Names Elon Musk As ‘Person Of The Year’
Tesla Inc Chief Executive Officer Elon Musk has been named the Financial Times newspaper’s “Person of the Year”. The FT…
YouTube Says Services Fixed After Disruption Affects Thousands
Alphabet YouTube said on Tuesday it has fixed an issue that caused thousands of users to lose access to its…
Reps probe Uber, Bolt, others over tax returns
Car hire service providers like Uber, Bolt, in-drive, and other technology-based transport companies in Nigeria has been resolved to…
Elon Musk Sells More Tesla Shares
SpaceX and Tesla CEO Elon Musk sold another 934,091 shares of his electric car company, which are worth around $906.49…
Facebook Owner Is Behind $60 Mln Deal For Meta Name Rights
Meta Platforms Inc, the owner of social media network Facebook, is behind a $60 million deal to acquire the trademark assets…
Zoom To Charge Nigerians 7.5 Percent VAT
Zoom Video Communications, Inc. (Zoom) says it will begin to charge 7.5 percent value-added tax (VAT) on customers in Nigeria…
MTN, Mafab Win 5G Licence, To Pay N227bn To FG
In a dramatic fashion, a telecom under dog, MAFAB Communications, emerged from nowhere, Monday, to become one of the winners…
MTN, Airtel, Mafab Enter 5th Round As 5G Auction
The current price per lot of the 100MHz band of the 3.5GHz spectrum at the ongoing auction being organised by…
NCC Completes Mock Session For Spectrum Auction Of 5G
The Nigerian Communications Commission (NCC) has successfully carried out a mock session for the 3.5 gigahertz (GHz) spectrum auction for…
U.S. Chipmaker Intel To Invest $7 Bln In New Facility
American chip manufacturer Intel Corporation will invest 30 billion ringgit ($7.10 billion) in a new, state-of-the-art facility, Malaysian authorities said…
Equinix Acquire Nigeria’s Leading Data Center MainOne
California-based digital infrastructure company, Equinix, has acquired Nigeria’s leading data center and connectivity solutions provider, MainOne at a whopping $320million, MainOne…
U.S Whatsapp Will Allow Crypto Payment Through Novi
Meta Platforms cryptocurrency wallet, Novi, will allow users to send and receive money through the social media giant’s messaging app,…
Elon Musk: I Am Thinking Of Becoming An Influencer
Tesla Inc Chief Executive Officer Elon Musk is “thinking of” leaving his jobs and becoming an influencer, the world’s richest…
United State $52 Billion Bill Could Slip Into 2022
A $52 billion bill aimed at bolstering the U.S. semiconductor industry will include funding for chip design activities, a U.S.…
Mock Auction Of 5G spectrum To Hold On Friday-NCC
The Nigerian Communications Commission has said Nigeria’s 5G plan will allow efficient allocation of spectrum for 5G deployment, and ensure…
Range Rover Velar Named Luxury Sport Utility Vehicle Of The Year
Coscharis Motors Plc says one of the brands it represents, the Range Rover Velar, has been named the Luxury Sport…
Nigerians To Pay 7.5 Percent As VAT For Facebook Ad
Facebook says Nigerians will pay 7.5 percent value-added tax (VAT) on all ad placements from January 1, 2022. The social…
Roku Enters Multiyear Agreement With Google
Roku a brand of hardware digital media players manufactured by American company has announced that it reached a multiyear agreement with…
Tek Expert Employee Base Grew From 400 To Over 1,800
Tek Experts has announced that it has grown its employee base from 400 to over 1,800 employees in Nigeria in…
Cybersecurity Firm “ DataSixth Security Consulting” Gets Recognition
DataSixth Security Consulting says it has won the ‘Cybersecurity Company of the Year 2021 Award’ at the 5th Tech Innovation…
Donald Trump Raises £1bn For His Truth Social App
Former US president Donald Trump hope to launch his Truth social app in 2022, he has been working on Truth…
Meta And Africa No Filter Partners To Promote Use Of Virtual Reality In Storytelling
Meta and Africa No Filter, a narrative change organisation, have announced a partnership to launch a new fund in Nigeria…
India Propose Jail Term For Cryptocurrency Violators
According to Bloomberg India on Tuesday, it said the policies set in place for crypto users by India government could…
WhatsApp New Feature Allows Chat To Disappear By Default
Popular instant messaging service, WhatsApp has added a new feature that gives users better control over their messages and how…
Microsoft Introduces Hybrid Workspace
Microsoft has said there is a need to redefine work processes as around 40 per cent of the global workforce…
Self-Driving Car Unit “Mobileye” To Go Public In U.S
According to Reuters “Intel Corp said on Monday it plans to take self-driving-car unit public in the United States in…
Chinese Startup SenseTime To Raise $767 Million In Hong Kong IPO
Chinese artificial intelligence startup SenseTime Group is looking to raise up to $767 million in its Hong Kong initial public…
South Africa Mobiz Raise $4 Million In Pre-Series A Round
South Africa Mobile marketing startup Mobiz has raised a total of $4 million for its pre-Series A round from a…