News

TechNigeria: A weekly digest of what went down in Nigeria’s tech space

GEM Capital, Moove, Lumi AI, Dabchy, M-PESA, Tramatch, d.light, Traction, Twitter (now X) were some of the names that made the headlines this week. Nigerian startup Traction, an innovative platform tailored for African Micro, Small, and Medium Enterprises (MSMEs), has announced intent to expand its footprint across its service threshold. Also, Tramatch, a Nigerian-founded dating app that connects lovers, has …

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Tinubu settles for Prof. Abiodun Sule as next DG NIMASA, to be announced soon – Blueprint Newspapers Limited

President Bola Tinubu is considering appointing Professor Abiodun Sule to the coveted job of Director-General at the Nigerian Maritime Administration and Safety Agency (NIMASA), a presidency source has said. Professor Sule boasts of an impressive academic record, holding two PhDs in Maritime Technology Management and Fisheries & Aquaculture. He also earned a Master’s degree in Public Administration and possesses a …

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Nigeria’s cash transfer programme reached only 10% of targeted households, says World Bank

The World Bank has raised an alarm that only 10 per cent of targeted poor and vulnerable households have benefitted from the Federal Government’s recently launched cash transfer of N25,000 per month. This is according to data from the World Bank’s Lead Economist for Nigeria, Alex Sienaert, during his presentation of the Nigeria Development Update December 2023 edition titled “Turning …

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Spalletti replaces Mancini as Italy coach

Serie A title-winning manager, Luciano Spalletti has been appointed coach of Italy national team. Spalletti becomes the team’s new manager following the departure of Roberto Mancini, who resigned earlier this month. 64-year-old Spalletti left Napoli in the summer after guiding the club to their first Serie A title in 33 years. After leading the Naples club to triumph, he planned …

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How I lost my virginity at 14 – Cynthia Morgan

Popular singer, Cynthia Morgan, otherwise known as Madrina, has revealed that she lost her virginity at the age of 14 in her father’s house. She stated that her half-brother and sister used her for “sexual experiment.” The ‘German Juice’ crooner said the sexual molestation lasted for months until she summoned the courage to open up to her mum. She said …

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Five Greek aid workers die in Libya auto crash

Five rescue workers from Greece were killed in a car accident on Sunday. The Greek government spokesman, Pavlos Marinakis, confirmed the incident on Monday. He said another 14 people were injured in the crash. The spokesman added that the victims were three emergency workers and two translators sent to Libya as part of the flood relief effort. The confirmation followed …

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NGX: Equity market begins week on bullish note as investor make N8bn profit

The equity market began the week on a bullish note as trading activities on the floor of the Nigerian Xchange closed positive Monday (18/12/2023) by 0.02%. The All-Share Index ASI increased to 72,404.91 from 72,389.23 recorded at the close of the trading on Friday December 15, 2023. Investors also made a profit of N8.58bn as market capitalization increased today by …

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