The World Bank has banned Nigerian firms Viva Atlantic Limited and Technology House Limited, alongside CEO Norman Bwuruk Didam, for 30 months over fraudulent and corrupt practices related to the National Social Safety Nets Project. Violations include bid misrepresentation, falsified documents...
Lagos State generated $71.6 million from tourism and entertainment during the 2024 ‘Detty December’ festivities, with hotels and apartments driving revenue. Events like the Greater Lagos Fiesta and African Fashion Week attracted locals and tourists, highlighting the city’s cultural vibrancy and...
The Nigerian Communications Commission (NCC) has approved a 50% tariff increase for telecom operators, addressing rising operational costs. The adjustment aims to enhance service delivery, support infrastructure investments, and balance consumer protection with industry sustainability...
Bitcoin reached a historic $109,000 as Donald Trump’s return to the U.S. presidency sparks optimism in the crypto market. The surge is fueled by Trump’s pro-crypto stance and the launch of his meme coin, $TRUMP, which gained 900% in two days, underscoring the growing influence of politics on...
Melania Trump’s cryptocurrency, $MELANIA, skyrocketed to a £1.4 billion valuation shortly after launch, attracting thousands of investors. The coin’s success overshadowed Donald Trump’s $TRUMP coin, causing a temporary crash in its value. Critics question the ethical implications of the Trumps...
The Transmission Company of Nigeria (TCN) reports vandalism of 18 transmission towers in six days across Rivers, Abia, and Kano states, disrupting power supply and grid expansion. TCN urges public cooperation to protect critical infrastructure, highlighting the financial strain and operational...
Dangote Refinery has justified its recent petrol price hike, citing a 15% surge in global crude oil prices. The refinery increased its depot price to N950 per litre, emphasizing its efforts to minimize the impact on Nigerians while maintaining competitive pricing amid rising international crude...
TikTok is back in the U.S. after Trump extended the deadline for the company to secure a U.S. buyer. Despite the Supreme Court's decision to allow a potential ban, TikTok resumed service, though new downloads are still unavailable. Trump hints at U.S. ownership as a possible solution.
TikTok...
ByteDance’s TikTok, CapCut, and Lemon8 apps went offline in the U.S. before a nationwide ban citing national security concerns. The shutdown affects millions, prompting users to explore alternatives. President-elect Trump hinted at a possible 90-day reprieve, sparking hope for the platform’s...
TikTok abruptly went offline in the U.S. ahead of a nationwide ban, impacting 170 million users. The ban, citing national security concerns, follows a Supreme Court decision. President-elect Trump may delay the ban for 90 days, offering hope for influencers, businesses, and users who rely on the...
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