The Federal Government has announced it has approved 173 digital lending applications to operate in Nigeria. According to the Federal Competition and Consumer Protection Commission (FCCPC), it has given conditional authorisations to 54 loan applications while 119 got full approvals. The move by the FCCPC comes after years of harassment and cyber … Read more
There’s a push against the federal government’s interest in creating its own ‘digital dollar.’ Senators Ted Cruz, Mike Braun, and Charles Grassley lead the pushback through legislation. Sen. Cruz recently introduced a bill prohibiting the Federal Reserve from “developing a direct-to-consumer central bank digital currency (CBDC),” per a press release published on March 21. Senators … Read more
Muhammadu Buhari and Abdullahi Sule President Muhammadu Buhari has appointed Governor Abdullahi Sule of Nasarawa State as a member of the Presidential Council on Digital Economy and E-government. This is contained in a statement by Ibrahim Addra, Chief Press Secretary to the governor, and made available to journalists on Tuesday in Lafia. Mr Addra said … Read more
President Muhammadu Buhari has approved the appointment of Dr. Vincent Olatunji, as national commissioner/chief executive officer of the Nigeria Data Protection Bureau (NDPB). The approval followed a request made by minister of communications and digital economy Prof. Isa Pantami. This is contained in a statement issued by the minister’s spokesperson Uwa Suleiman on Friday in … Read more
Wema Bank, one of Nigeria’s troubled lenders is battling heavy liquidity crisis despite distraction with the Davido ambassadorship curve. Wema Bank may have a serious challenge withstanding the shocks Nigeria’s fragile economy might throw up as it is currently struggling with a liquidity squeeze. It was gathered that the third-quarter financial result of the bank … Read more
Wema Bank, one of Nigeria’s troubled lenders is battling heavy liquidity crisis despite distraction with the Davido ambassadorship curve. The bank had in November 2021, splashed N1 million to musician, Davido, transgressing the Buhari regime’s ban on the microblogging site. “We heard your GOAT called our name. Well… #ALATgoals #ALATmakessmile. #30BG #30billiongang,” Alat, a digital … Read more
The Central Bank of Nigeria (CBN) has released guidelines for the e-Valuator and e-Invoice to replace hard copy invoices for both exports and imports. A circular to that effect was issued yesterday by Dr. O. S. Nnaji, Director, Trade and Exchange Department of the CBN. The guidelines will become operational from February 1, 2022. According … Read more
The Nigerian music industry is made up of different talented musicians who have carved a niche for themselves with varying styles of music such as rap, afro-beats, afro-fusion and hip-hop. Having only one source of income in Nigeria is not usually the way to the top and a lot of celebrities in the entertainment industry … Read more
By Ted Hesson and Matt Spetalnick WASHINGTON (Reuters) – The leading Republican vying to unseat an Arizona Democrat in a crucial U.S. Senate race next year gets heated when he talks about Democratic President Joe Biden’s “failed border policies,” occasionally throwing in expletives when decrying their alleged financial cost and what he says is the … Read more
Fox’s plans in the digital collectibles space are beginning to get a little clearer. The broadcast network will launch its first set of non-fungible tokens (NFTs) on Wednesday, tied to its celebrity singing competition The Masked Singer. The company will also launch a marketplace and community in which users can buy, sell, or trade Masked … Read more
At least one thousand Netflix employees are expected to participate in a virtual walkout to protest Netflix co-CEO Ted Sarandos’ recent comments in support of Dave Chappelle’s special, The Closer, according to a current staffer who spoke with The Hollywood Reporter. As first reported by The Verge, trans staffers and allies at Netflix are planning to stage the virtual … Read more
WME has signed the hit podcast Million Dollaz Worth of Game and its hosts, Gillie Da King and Wallo267, for representation in all areas. Million Dollaz Worth of Game — currently the top music podcast, above The Joe Budden Podcast, according to Apple Podcasts — launched in 2019 and joined the Barstool Sports podcast network in 2020. On the show, Gillie Da King (born Nasir … Read more
Kelly Campbell, the former president of Hulu, has joined NBCUniversal as the president of its streaming service, Peacock, the company said on Wednesday. “On the heels of Peacock’s success in its first year, we are thrilled to bring Kelly’s leadership and expertise to the team as we continue to accelerate Peacock’s vision and strategy,” Matt … Read more
Facebook’s chief technology officer apologized on Monday afternoon after Facebook’s suite of applications, including Instagram, WhatsApp and Facebook Messenger, remained offline for several hours around the globe. “Facebook services coming back online now — may take some time to get to 100%. To every small and large business, family, and individual who depends on us, … Read more
Management firm Underscore Talent has added a slew of upcoming digital talent to its roster, including photographer Jordan Matter; YouTubers Stephen Sharer, Matt Yoakum (a.k.a. Matt Slays) and Rebecca Zamolo; and TikTok creator Zach Jelks. The digital creators are joined by fitness influencer Ashley Nocera, model Erika Costell, home chef Gustavo Figueroa (a.k.a. El Guzii … Read more
NBCUniversal and YouTube TV are finalizing an agreement that will keep more than 14 NBCU channels on the Google-owned platform, a source close to the negotiations told The Hollywood Reporter on Friday. Terms of the new agreement were not immediately clear as of Friday evening. But the NBCU–YouTube TV deal was originally set to expire on Thursday … Read more
Ozy Media founder and CEO Carlos Watson has resigned from the board of directors of National Public Radio. “Earlier today, Carlos Watson submitted his resignation from the NPR Board of Directors,” said LaFontaine Oliver, the chair of NPR’s board, in a statement Friday. “I have accepted his resignation on behalf of the Board. Mr. Watson’s … Read more
Wondery’s subscription offering, Wondery+, has topped the list of paid subscriptions on Apple Podcasts, the tech giant revealed for the first time on Thursday. Apple declined to share specific subscription numbers but said it tracked top paid subscriptions worldwide over the past three months, based on subscriptions to both channels and individual shows. The list … Read more
TikTok is launching its first NFT collection with top creators and artists like Lil Nas X, Grimes, Bella Poarch, Brittany Broski and more. The collection will feature six TikTok videos as one-of-one NFTs, as well as a set of limited edition NFTs inspired by major cultural moments from TikTok, the company said. Lil Nas X, in … Read more
Digital literacy and capacity building have evolved over the years. With the help of education, technological know-how, and diverse experiences aided by digitisation have launched productivity and effectiveness to the next level. People are more proactive in their fields. Before the advent of the Internet, the foundation of educational systems for literacy skills is dependent on … Read more