Microsoft Announces 6,000 Global Layoffs to Streamline Operations and Invest in AI
Microsoft has announced plans to lay off approximately 6,000 employees, representig nearly 3% of its global workforce. This move is ...
Meta Clarifies Nigeria Chat Alert as Anti-Scam Measure, Not Discrimination.
Meta, the parent company of Facebook and Instagram, has clarified that its recent chat alert targeting Nigerian users is part ...
Google Introduces AI-Powered Campaign Tools For African Businesses
Google has launched a suite of AI-Powered campaign features tailored for African businesses, aiming to enhance their online advertising capabilities ...
Platos Health Secures $1.4Million Pre-Seed Funding to Launch Preventive Health Device in Nigeria.
Platos Health, a Nigerian healthcare startup, has secured $1.4 million in pre-seed funding to roll out its preventive health device ...
Meta Faces $220 Million Fine in Nigeria Over Data Privacy Violations
Nigeria's Federal Competition and Consumer Protection Commission (FCCPC) has imposed a $220 million fine on Meta platforms, the parent company ...
CBN Fines Paystack ₦250 Million Over Zap Wallet Licensing Breach
In a significant regulatory move, the Central Bank of Nigeria (CBN) has fined Paystack ₦250 million (approxiamtely $155,400) for operating ...
Nigeria’s SEC Classifies Cryptocurrencies as Securities: Implications for Crypto Companies
In April 2025, Nigeria's Securities and Exchange Commission (SEC) officially recognized cryptocurrencies and digital assets as securities under the newly ...
Nigeria Launches First Indigenous AI Software To Transform Education.
In a historic move for Nigeria's tech landscape, BildUp, a homegrown technology company, has unveiled the country's first indigenous Artificial ...
Flutterwave Joins Circle Payments Network to Enhance Cross-Border Transactions
Flutterwave, a leading African fintech company, has officially joined the Circle Payments Network (CPN), a major milestone in the company's ...
Zone Proposes Regulated Ethereum-Style Blockchain With Built-In Compliance for Africa
Zone, the Nigerian blockchain payment infrastructure company, is setting its sight on a bold vision: Creating a regulated Ethereum-like blockchain ...