SoftBank Acquires Former Sharp Factory for $676 Million to Build AI Data Centre
The facility, located at the Sharp Sakai Plant, will be converted into a large-scale artificial intelligence (AI) data centre
XLink Launches ‘XLink Send’ to Address Africa’s $50 Billion Remittance Challenge
XLink Send aims to eliminate these issues by simplifying cross-border payments through strategic partnerships with financial institutions, telecom providers, retailers,...
MTN, Lagos State Launch MyLagosApp | See Key Features
The goal was to create an app that makes a difference and solves real-life problems for Lagosians
Lagos Accounts for 25% of MTN Nigeria’s Traffic – CEO Karl Toriola at MyLagosApp Launch
The MyLagosApp is a comprehensive digital platform designed to integrate services across various sectors, making Lagos more accessible and efficient...
MyLagosApp: Sanwo-Olu Reaffirms Lagos’ Status as Africa’s Leading Smart City
…Lagos to integrate real-time tracking for the newly introduced ‘little buses’ under the state’s transportation system, ensuring commuters can access...
NSIA, SEforALL, ISA, and Africa50 unveil $500 million DRE Nigeria Fund
Highlights The DRE Nigeria Fund is the first country-focused DRE fund established under the DRE Africa Platform which will develop...
Intel Shares Surge 12% Following Appointment of Lip-Bu Tan as CEO
Following the announcement, Intel’s shares surged by 12% in extended trading, showing that investors are confident about his leadership
Mastercard Economics Institute Projects 2.9% GDP Growth for Nigeria in 2025
Highlights Nigeria’s GDP is projected to grow by 2.9% year over year, consumer spending is predicted to rise by 6%,...
Black Friday is South Africa’s Single-biggest Retail Bonanza of Holiday Period
Highlights Black Friday to Cyber Monday remains the most powerful retail window of the year As a share of total...
Lagos’ GDP Hits $259 Billion, Now Africa’s Second-Largest City Economy
The report revealed that Lagos’ economy grew commendably in the first half of 2024, expanding to ₦27.38 trillion from ₦19.65...
Google Launches New AI Models to Improve Robot Perception, Reasoning, and Interaction
The models, Gemini Robotics and Gemini Robotics-ER, are based on Google’s Gemini 2.0 AI framework
Meta Sued in France Over Alleged AI Copyright Breach
The organisations claim that Meta has been using their protected works without permission, describing the company's act as a form...
Court Blocks FCCPC from Sanctioning MultiChoice Over Subscription Price Hike
The suit, marked FHC/ABJ/CS/379/2025, challenges the FCCPC’s authority to interfere in the company’s pricing decisions
Scimplify Bags $40M to Transform Specialty Chemical Manufacturing Amid Global Chain Disruptions
In specialty chemicals - the essential ingredients powering everything from pharmaceuticals to agriculture - this disruption is even more acute...
CMC Connect LLP Launches Crisis-X Initiative
CMC Connect LLP, a public relations and communications firm in Nigeria, has officially launched Crisis-X, a groundbreaking initiative designed to...
