In a Bid to prevent the panic affecting the banking sector since the recent week’s crash of Silicon Valley Bank (SVB), US regulators shut down New York-based Signature Bank. However, the attention of the Signature Bank Limited, a Nigerian financial institution, has been drawn to recent news surrounding the closure […]
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Meta has announced a second round of layoff with 10,000 employees affected and 5,000 vacancies withdrawn as the Big Tech industry awaits deep economic downturn. Co-founder and CEO of Meta Mark Zuckerberg also revealed that the company will cancel lower priority projects, as the indirect costs of these […]
About 16% of Social Media Users Named WhatsApp as their most preferred Platform leading other social media apps like Facebook, TikTok and Instagram with more than two billion monthly active users worldwide. The social media space is extremely competitive and constantly changing keeping its users engaged for longer […]
There are growing concerns by some stakeholders over the current draft National Information Technology Development Agency (Repeal and Re-Enactment) Bill 2021, which seeks to convert the National Information Technology Development Agency (NITDA) from a development to a regulatory agency. The bill seeks to enact an Act that will empower […]
With the massive layoff of big Tech companies in 2022, there are reasons that things may worsen which has surpass the level of recession the world has experienced. According to data by global outplacement and career transitioning firm global outplacement & career transitioning firm Challenger, Gray & Christmas, in […]
The trending social media app TikTok has been sued by the US state of Indiana over growing fears for the safety and privacy issues of young adult. The app fails to safeguard young people and privacy as it depicts alcohol, tobacco, and drugs, sexual content, nudity, among others. It […]
By Ajayi Favour Major players in healthcare sector in West Africa raise concern over the non-availability of affordable healthcare service to Africans and raises the need for the sector to leverage on innovation to disrupt the sector at landmark centre in Lagos during Medic West Africa Event. At the gathering, […]
Reuben Muoka, a creative journalist and accomplished public relations professional, has been chosen as the Nigerian Communications Commission’s new director of public affairs (DPA). Dr. Ikechukwu Adinde, who has taken up responsibilities as the Director of the Commission’s Special Duties Department, is succeeded by Reuben Muoka. Along with Ismail Adedigba, […]
The Ministry of Communications and Digital Economy, in collaboration with the Nigeria Communications Commission (NCC), set a lofty goal of reaching 70% broadband penetration in Nigeria by 2025. This aim is noteworthy because broadband penetration now stands at 42.27 percent, requiring the Ministry to more than double broadband penetration in […]
Nigeria has given its approval to Elon Musk’s Starlink, a SpaceX-operated satellite broadband constellation that would provide satellite Internet access to 32 countries. Elon Must, the world’s wealthiest person, tweeted this. The Nigerian Communication Commission, or NCC, has confirmed. Starlink connects people all around the world with high-speed, low-latency broadband […]