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According to the Lagos Chamber of Commerce and Industry (LCCI), Nigeria's tax-to-GDP ratio needs to be improved immediately to reach the country's ambitious revenue estimate of N34.82 trillion. In response to the contents of the 2025…

Nigeria's public cloud industry is expanding at a modest pace and is expected to reach its $828 million market value in 2024. Industry analysts claim that the achievement is impacted by elements including the convenience of online…

The European Commission on tuesday formally began proceedings against the social media company TikTok for allegedly failing to prevent political meddling, particularly during last month's Romanian presidential election. The executive…

Nigerian drone company Terrahaptix is set to begin exporting drones to South Africa for mining activities. According to the founder Nathan Nwachukwu, the company has signed an exclusive contract with DiggingDeep a leading company which…

Niyi Toluwalope, the CEO of eTranzact International, a leading payment services provider in Africa, has emphasized the critical importance of collaboration to enhance the efficiency of the payment systems across the continent. Speaking…

The European Union's privacy regulators have fined Facebook's parent company, Meta, €251 million following an investigation into a 2018 data breach that compromised millions of user accounts. Ireland’s Data Protection Commission issued…

The African Development Bank Group (AfDB) has announced plans to construct a state-of-the-art headquarters building in Abidjan, Côte d’Ivoire. AfDB said in a statement on Tuesday that the decision was approved by the bank’s Board of…

The Director General of Nigeria’s Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasised the need for a vibrant capital market to achieve Nigeria’s $1 trillion economy target. Dr. Agama, speaking on the theme: "The…

The Adamawa State Government in northeast Nigeria, through its Fintiri Wallet initiative, has commenced the disbursement of ₦50,000 to 65,000 beneficiaries as part of its strategic social investment programme. The initiative is aimed at…

The President of the Abuja Chamber of Commerce and Industry (ACCI), Dr. Emeka Obegolu, has urged the Nigerian government to prioritise the development of the industrial sector in implementing the 2025 budget to drive economic prosperity and…