Jumia, Africa’s largest e-commerce platform, has made significant efforts to reduce its losses in 2024 through aggressive cost-cutting measures. Despite these efforts, the company reported a loss of $64.7 million for the year. This marks an improvement compared to previous…
Nigeria’s central bank has decided to keep its benchmark interest rate steady at 27.50%, following the recent rebasing of the Consumer Price Index (CPI). This move, announced on Thursday, reflects a cautious approach by the Central Bank of Nigeria (CBN)…
Wema Bank, a prominent Nigerian commercial lender, has made waves in the banking industry by implementing a significant salary increase for its employees, effective March 2025. This bold move positions Wema Bank as the best-paying lender in Nigeria, a title…
In a world where our inboxes are constantly flooded with unwanted emails, Superhuman is stepping up to the challenge with its new AI-powered categorization feature. This innovative tool aims to reduce the clutter of spam and marketing emails, allowing users…
The world of technology is changing, and one of the most exciting shifts I’ve witnessed is the rise of women in tech. It’s not just a trend; it’s a fundamental change in the industry’s landscape. I remember attending a tech…
Microsoft has recently made a significant announcement that it will invest $1 million to empower 1 million Nigerians with training in artificial intelligence (AI) and digital skills over the next two years. This initiative, unveiled at an event in Lagos,…
A former top-level employee of Kuda, Rosemary Hewat, has brought a legal action against the company, alleging Gender Discrimination and Wrongful Termination Allegations. The Ex-Kuda Executive lawsuit was filed in a UK employment tribunal, claiming that Kuda Technologies Limited and…
Witnessing the tech scene explode in Africa has been nothing short of inspiring. It’s like watching a seed you planted years ago suddenly sprout and blossom into something magnificent. I remember when access to technology was a luxury, a distant…
Facebook has on Tuesday, announced a significant change regarding its live video feature. Starting Wednesday, all Facebook live videos will now have a 30-day expiration date. This means that any live video posted on the platform will be automatically deleted…
Nigeria’s inflation rate has shown signs of slowing down in January 2025, following a significant change made by the National Bureau of Statistics (NBS) in how inflation is calculated. This adjustment, known as CPI rebasing, has altered the way various…
