South Africa has seen a marked boost in business confidence following the formation of its Government of National Unity (GNU), according to a recent report by consulting firm PricewaterhouseCoopers (PwC). Established in June, the GNU, a coalition of ten political parties, was formed after the general elections failed to yield …
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Google Invests $5.8m to Boost AI And Cybersecurity Skills in Africa
GOOGLE has announced a significant new investment of $5.8 million to develop AI and cybersecurity skills across Africa, focusing on South Africa, Nigeria, and Kenya as primary beneficiaries. The tech giant’s latest commitment builds on its growing impact on South Africa’s digital economy, which, according to Google, generated an estimated …
Read More »Moniepoint Becomes Unicorn With $110m to Expand Fintech
NIGERIA’S fintech firm Moniepoint has raised $110 million in fresh funding, backed by major investors including Google’s Africa Investment Fund, to accelerate its digital payments and banking services expansion across Africa. Announced on Tuesday, the funding also saw contributions from existing investors, London-based Development Partners International and private equity firm Lightrock, …
Read More »AgDevCo’s $10m Investment Boosts Ghana’s Aquaculture Industry
SPECIALIST agriculture investor AgDevCo has announced a major investment of $10 million in Tropo Farms, Ghana’s leading tilapia producer and one of the largest aquaculture companies in sub-Saharan Africa. The long-term funding aims to enhance Ghana’s fish production capacity, providing a sustainable, high-quality alternative to wild-caught fish and reducing reliance …
Read More »Borno Lawmaker, Satomi Unveils Distribution of Assorted Bags of Wheat to 5,600 Flood Victims
THE member representing Jere Federal Constituency, Borno State, Hon. Ahmed Satomi has flagged off the distribution of 25kg assorted bags of wheat to about 5,600 members of his constituency. The gesture is to assist in ameliorating the current hardship faced by beneficiaries who are victims of the recent flood disaster …
Read More »BREAKING: APC Suspends ex-Osun Governor, Aregbesola
THE Osun State Chapter of the All Progressives Congress, APC, has suspended former Minister of Interior, Ogbeni Rauf Aregbesola, over alleged anti-party activities. In a resolution submitted to the APC National Secretariat and addressed to National Chairman Dr. Umar Ganduje, the Osun APC accused Aregbesola of creating divisions within the …
Read More »FCCPC warns Nigerian Banks Against incessant Service Disruption
THE Federal Competition and Consumer Protection Commission (FCCPC) has warned Nigerian banks against incessant online service disruption. Tunji Bello, the Executive Vice Chairman/Chief Executive Officer of the Commission, issued the warning in a statement on Tuesday. The warning comes amid increased cases of online service disruption across Nigerian banks …
Read More »Bobrisky Back to Social Media after Seme Border Arrest
CONTROVERSIAL Nigerian crossdresser Idris Okuneye Olanrewaju, popularly known as Bobrisky, has promised to promote peace on social media. Recently, he was detained by the Nigerian Immigration Service at the Seme border and later held at the Force Criminal Investigation Department (FCID) Annex. After a few days, Bobrisky, who calls himself the …
Read More »Canada Work Permit Rules Changing From Nov 2024: New Changes and Impacts
Why Are These Changes Happening? CANADA is a top destination for international students and foreign workers, thanks to its high standard of living, excellent education system, and employment opportunities. However, the increasing number of temporary residents has raised concerns about the sustainability of current immigration practices. The government, led by …
Read More »Sanwo-Olu Sues EFCC For Alleged Planned Arrest, Prosecution
LAGOS State Governor, Babajide Sanwo-Olu, has sued the Economic and Financial Crimes Commission for alleged threat to arrest, detain, and prosecute him after his tenure as governor. Sanwo-Olu, through his lawyer, Darlington Ozurumba, filed the fundamental right enforcement suit before Justice Joyce Abdulmalik of a Federal High Court in Abuja. …
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