Saturday , 25 October 2025

Technology

Moniepoint Study: Festive Seasons Drive Surge in Nigeria’s Livestock Trade

A recent study by Moniepoint Inc. has shed light on the thriving livestock trade in Nigeria’s North East region, where festive seasons like Eid al-Adha and Christmas bring a significant surge in sales and income for traders. During peak periods, prices of rams and goats skyrocket, with increases of over 230% and 400% to 470%, respectively. This boom is driven …

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CNBC Ranks Moniepoint Among Top Global Fintech Innovators

Moniepoint Inc. (“Moniepoint”), a leading African digital banking and business payments platform, has been recognized by CNBC as one of the world’s top fintech companies. This prestigious accolade underscores Moniepoint’s innovative approach to expanding financial inclusion across Africa, solidifying its position as a trailblazer in the continent’s digital finance revolution.  In a statement made available to journalists recently, it was …

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Meta Reviews Content Rules, Removes 10m Fake Profiles, 500,000 Spam Accounts

Meta, the owner of Facebook, has resolved to clean up the platform, declaring the plan to remove over 10 million fake profiles and 500,000 spam accounts in the first half of 2025. The company said the action forms part of a broader crackdown on impersonation, copycat content, and fake engagement, all aimed at promoting originality and ensuring that genuine creators …

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Two Chinese Nationals Convicted  For Cyber-Terrorism, Internet Fraud

The Economic and Financial Crimes Commission (EFCC) has secured the conviction of two Chinese nationals, Huang Xiao Liang (a.k.a Liu Xiao Liang) and Shi Yang Xiong, for cyber-terrorism and internet fraud. The judgment was delivered on Monday, July 14, 2025, by Justice Dehinde Dipeolu at the Federal High Court in Ikoyi, Lagos. According to a statement by Dele Oyewale, EFCC’s …

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Uday Ruddarraju Resigns From xAI, Joins OpenAI

Uday Ruddarraju, the former head of infrastructure engineering at Elon Musk’s xAI, has stepped down from his role after more than a year with the company. During his tenure, he played a pivotal role in developing Colossus—a massive supercomputing cluster powered by over 200,000 GPUs—and contributed to the training of Grok 3, one of xAI’s most advanced AI models.  Ruddarraju …

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NiMet Forcasts 3-Day Thunderstorms, Rains Across Nigeria

The Nigerian Meteorological Agency (NiMet) has predicted rainy and thundery weather conditions across the country from Monday to Wednesday, July 9, 2025. NiMet made this known via its weather outlook released on Sunday, July 6. The agency anticipated patches of cloud on Monday and chances of morning thunderstorms in parts of Taraba and Adamawa States. NiMet said there are prospects …

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SIM Related Services To Experience Disruption Nationwide

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has noted that there will be temporary disruption of SIM-related services across all mobile networks in Nigeria. ALTON made this known in a statement signed by its Chairman, Gbenga Adebayo, and Publicity Secretary, Damian Udeh, on Tuesday, July 1, 2025. Adebayo said the disruption follows a directive from the National Identity …

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NYSC Coordinator Urges Corps Members To Harness SAED Skills For Self-Reliance

By Prosper Okoye The Benue State Coordinator of the National Youth Service Corps (NYSC), Mrs Veronica Garba, has called on corps members to put into practical use the skills acquired through the Skill Acquisition and Entrepreneurship Development (SAED) programme to create employment for themselves and contribute to national development. Mrs Garba made the call during the 2025 Batch A Stream …

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NLNG Donates Medical Laboratory To Bauchi Hospital

The Nigeria Liquefied Natural Gas (NLNG) Limited, on Thursday, June 26, 2025, commissioned a state-of-the-art modern laboratory complex at Abubakar Tafawa Balewa University Teaching Hospital (ATBUTH) in Bauchi State. Speaking at the commissioning ceremony, the Managing Director and Chief Executive Officer of NLNG, Philip Mshelbila, emphasised that the Hospital Support Programme offered Bauchi State a vital partnership and gave NLNG …

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MultiChoice Slashes Dstv Decoder Price By 50%, Promises More Channels

MultiChoice Nigeria has reduced the price of its DStv decoder by 50 per cent. The price of the DStv decoder was reduced from N20,000 to N10,000. MultiChoice Nigeria announced this via a statement issued by its Chief Executive Officer, John Ugbe, on Tuesday, June 24, 2025. Ugbe stated that the price reduction was to attract more customers and curb declining subscriptions. …

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