November 23, 2024
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FBN Holdings flags off ₦150 billion rights subject, with plans to boost an additional ₦300 billion 
Technology

FBN Holdings flags off ₦150 billion rights subject, with plans to boost an additional ₦300 billion 

FBN Holdings, the parent company of Nigeria’s oldest bank, flagged off its ₦150 billion rights issue on Wednesday. While the Central Bank increased capital requirements for the country’s biggest banks tenfold in March 2024, Nnamdi…

Apply for NLNG scholarship for Nigerian undergraduates in 2024
Technology

Apply for NLNG scholarship for Nigerian undergraduates in 2024

The Nigeria LNG Limited (NLNG) is calling on first-year students enrolled in the 2024/2025 academic session to apply for its NLNG scholarship for Nigerian Undergraduates in 2024. This scholarship provides critical support to academically outstanding…

Delivering the next-generation barcode
Technology

Delivering the next-generation barcode

The world’s first barcode, designed in 1948, took greater than 25 years to make it out of the lab and onto a retail package deal. Since then, the barcode has accomplished way more than make…

The Obtain: ice-melting robots, and genetically modified bushes
Technology

The Obtain: ice-melting robots, and genetically modified bushes

Plus: Donald Trump has been elected US president for the second time That is immediately’s version of The Obtain, our weekday e-newsletter that gives a day by day dose of what is going on on on the…

GoLemon to pilot subsequent day supply, slashing supply time by over 40%
Technology

GoLemon to pilot subsequent day supply, slashing supply time by over 40%

GoLemon, the grocery delivery startup founded by four ex-Paystack staff members, will begin testing a next-day delivery next week, sources familiar with the matter told TechCabal. Currently, GoLemon’s earliest delivery time is two days after…

Life-seeking, ice-melting robots may punch by way of Europa’s icy shell
Technology

Life-seeking, ice-melting robots may punch by way of Europa’s icy shell

In the end, NASA’s Europa Clipper mission is on its manner. After overcoming monetary and technological hurdles, the $5 billion mission launched on October 14 from Florida’s Kennedy House Heart. It’s now en path to…

Moniepoint faucets Stanbic IBTC CFO for its microfinance financial institution after $110 million elevate
Technology

Moniepoint faucets Stanbic IBTC CFO for its microfinance financial institution after $110 million elevate

Moniepoint, the Nigerian fintech that recently raised $110 million at a billion-dollar valuation, has appointed Bayo Olujobi as the Chief Financial Officer (CFO) of Moniepoint MFB, one of its subsidiaries. He joined the company in…

KCB clients overdrew accounts by $7.7 million following system glitches throughout migration
Technology

KCB clients overdrew accounts by $7.7 million following system glitches throughout migration

Technical glitches during a critical data migration allowed customers at Kenya’s largest bank, the KCB Group, to withdraw sums above their bank balances. Customers withdrew around $7.7 million (KES 1 billion) from October 11 to…

The Obtain: inside animals’ minds, and make AI brokers helpful
Technology

The Obtain: inside animals’ minds, and make AI brokers helpful

Plus: the polls have opened to resolve America’s subsequent president That is at the moment’s version of The Obtain, our weekday e-newsletter that gives a each day dose of what is going on on on the planet…

MTN Nigeria to acquire two further fee licences for MoMo PSB
Technology

MTN Nigeria to acquire two further fee licences for MoMo PSB

MTN Nigeria, the country’s biggest telco, has applied for Payment Service Solutions Provider (PSSP) and Payment Terminal Service Provider (PTSP) licences for its fintech subsidiary MoMo PSB, reflecting its growing focus on digital payments in…

How ChatGPT search paves the best way for AI brokers
Technology

How ChatGPT search paves the best way for AI brokers

This story initially appeared in The Algorithm, our weekly publication on AI. To get tales like this in your inbox first, enroll right here. OpenAI’s Olivier Godement, head of product for its platform, and Romain…

Equinix appoints Wole Abu as MD for West Africa
Technology

Equinix appoints Wole Abu as MD for West Africa

Equinix, one of the world’s largest infrastructure companies and the parent company of MainOne, has appointed Wole Abu as Managing Director of its West Africa business. Wole Abu will replace Funke Opeke, who founded MainOne…