Top News
Davido Applauds Timing of Grammy's Best African Music Performance Category as "God's Timing"
Nigerian singer and Grammy-nominated artist, David Adeleke, popularly known as Davido, has described the creation of the Best African Music Performance category at the Grammys as being in "God ...
CKay Reveals BNXN's Request to be Removed from Hit Song "Hallelujah"
Nigerian singer CKay has opened up about the collaboration saga surrounding his 2023 hit song "Hallelujah" with fellow artist BNXN, formerly known as Buju. In a recent interview ...
Canal+ Initiates Bid to Acquire MultiChoice, Africa's Largest Pay-TV Company
Canal+, the French pay-TV giant under Vivendi SE ownership, has reportedly made a non-binding offer to acquire MultiChoice, Africa's largest pay-TV company, marking a significant move four year ...
CBN Takes Action Against Forex Speculation and Hoarding, Issues New Guidelines
In response to concerns over escalating foreign currency speculation and to mitigate risks, the Central Bank of Nigeria (CBN) has issued a fresh circular directing banks to report their foreign cur ...
Abuja Bureau de Change Offices Close Indefinitely Amid Escalating Forex Crisis
In response to the deepening foreign exchange crisis in Nigeria, Bureau de Change operators have declared the indefinite closure of their business establishments in Abuja, effective from Thursday, ...
MultiChoice to Infuse an Additional $89 Million into Showmax by March
MultiChoice, the Pan-African broadcasting giant currently under acquisition consideration by Canal+, has disclosed plans to invest an additional $89 million into its streaming platform, Showmax, by ...
Airtel Africa Faces Profits Plunge of 99% Due to Currency Devaluation in Nigeria and Malawi
Airtel Africa, a prominent telecommunications firm operating in 14 African countries, disclosed a staggering 99% decline in profits for the previous year, attributing the downturn to currency deval ...
Africa's Pioneering Blockchain Company, Zone, Set to Introduce Remittance Product in 2025
Zone, Africa's premier licensed blockchain payment infrastructure firm, is gearing up to unveil a remittance product in 2025, according to CEO Obi Emetarom, as disclosed to TechCabal this week. ...
Togocom Secures $60.2 Million Investment for Internet Connectivity Enhancement
Togocom, a Togolese mobile operator and a subsidiary of AXIAN Telecom, has secured a €55 million ($60.2 million) loan from the International Finance Corporation (IFC) to boost digital transfor ...
ECOWAS Responds to the Exit of Burkina Faso, Mali, and Niger
The Economic Community of West African States (ECOWAS) has released a statement in response to the alleged withdrawal of Burkina Faso, Mali, and Niger Republic from the regional alliance. Contrary ...
Music Sensation Omafumay Returns with New Afro-Pop Single "Live Life"
Sensational songstress Omafumay is set to captivate the music scene with her latest Afro-Pop single, "Live Life." The classy track, produced by the talented sound maker Magic, marks Omafu ...
Spyro Opens Up About Struggles with Faith Due to Strict Christian Upbringing
In a recent interview with Emmanuel Taymesan for the Tea with Tay Podcast, Spyro, the Headies Award winner and Next Rated nominee, candidly shared his childhood experiences growing up in a strict C ...
Police Recover N50 Million Stolen from Mr Ibu, Son and Lover Charged to Court
Detectives at the Force Criminal Investigation Department Annex, Alagbion, Ikoyi, Lagos, have successfully recovered N50 million allegedly withdrawn from the hacked bank account of Nollywood actor ...
BBNaija's Seyi Awolowo Hints at Political Involvement
Seyi Awolowo, a former contestant on the Big Brother Naija reality show, has suggested a potential entry into politics, citing societal expectations associated with being the grandchild of the late ...
Navigating Layoffs: Valuable Insights for Startups Facing Restructuring
The global tech industry has faced a series of layoffs over the past two years, with 2023 being particularly challenging. Early signs in 2024 suggest a continuation of this trend, as reported layof ...
Microsoft Implements Layoffs of 1,900 Staff Following Activision Gaming Acquisition
Microsoft has initiated a workforce reduction, affecting 1,900 employees, constituting eight percent of its gaming division, subsequent to the completion of its high-profile acquisition of Activisi ...
US Regulator Initiates Probe into Tech Giants' Investments in AI Startups
The Federal Trade Commission (FTC), a prominent US antitrust regulator, announced on Thursday the commencement of an inquiry into investments made by major tech companies, including Microsoft, Goog ...
Sony Cancels $10 Billion Merger with Zee in India
On Monday, Sony officially terminated the $10-billion merger deal with Zee Entertainment, its Indian counterpart, which had been agreed upon in late 2021. The proposed joint entity aimed to create ...
Google CEO Cautions of Further Workforce Reductions
Sundar Pichai, the CEO of Google and Alphabet, has alerted employees about additional layoffs anticipated at the prominent search engine company as it shifts its focus towards new priorities, parti ...
NeuRaL AI Unveils BionicBox for Deployment of Large Language Models (LLMs) in Enterprises
NeuRaL AI, a provider based in Lagos offering essential assistance to organizations seeking to construct and implement Large Language Models (LLMs) for generative text, has revealed the introductio ...