Business

Nigeria’s Interswitch hits $1billion valuation with Visa investment

Nigeria’s digital payments firm Interswitch said Visa has acquired a minority equity stake in the firm, TechCrunch has reported. “The investment makes Interswitch one of the most valuable African fintech businesses with a valuation of $1 billion,” Interswitch said in a press statement to TechCrunch. The Visa investment could create […]

How to Find the Best Black Friday Airfare Deals in Nigeria

Nigeria is such a great country which has welcomed and embraced innovation and technology years ago and continues to explore different things from outside world including taking advantage of Black Friday’s opportunities to sell and buy goods and services at a much discounted offers. Airfares can be too expensive especially […]

Customs claims on 25 containers of expired rice: Facts versus lies

On Tuesday, October 2019, Hameed Ali, the comptroller-general of the Nigeria Customs Service (NCS), paraded among other contraband containers, the 25 by 20-foot containers of expired foreign parboiled rice, which he said was brought into the country through the Tin-Can Island Port Command (TCIPC) by Masters Energy Commodities Trading Limited. […]

Group berates Emefiele for redeploying suspended deputy governor, Nnanna

An anti-corruption group known as Citizens Committee for corruption-free Nigeria (CCCN), on Sunday, came hard on the governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, for redeploying a deputy governor to the sensitive Monitory Policy Directorate. Mr Okwu Joseph Nnanna, who was suspended alongside four other directors in […]

Lagos wins NTA science and arts competition

Lagos State Students emerged winners at the 2019 Nigeria Television Authority (NTA) National Children’s Arts, Science and Technology Expo clinching the 1st position and 2nd Runner-up in Arts/Crafts and the Science and Technology category respectively. Congratulating the Champions, the Honourable Commissioner, Ministry of Education, Mrs. Folasade Adefisayo commended the team […]

Volkswagen to bring self-driving cars by 2025

Volkswagen hopes to build self-driving cars, a commercial reality by the middle of the next decade, the German carmaker said on Wednesday. Alexander Hitzinger, VW’s Vice-president for autonomous driving announced in Germany. Tests have been carried out in Hamburg using five specially-equipped electric Golf models on a 3-kilometre route, which […]