Nigerian Banks’ CBN Deposits Fall to N82.99tn in August 2026
Nigerian banks reduced their deposits with the Central Bank of Nigeria (CBN) by 1.14 per cent month-on-month to N82.99 trillion in August 2026, down from… Read Article →
Technology
Dell Raises Forecast as AI Infrastructure Demand Drives Record Sales
Dell Technologies has raised its full-year revenue and profit forecasts after surging demand for artificial intelligence infrastructure helped the company deliver record quarterly sales and… Read Article →
MTN Nigeria Plans More Network Investment as It Marks 25 Years
MTN Nigeria is planning further investment in its telecommunications network as the company marks 25 years of operations in the country, promising customers improved coverage,… Read Article →
Microsoft Scales Back China Operations as US-China Tensions Rise
Microsoft is quietly reducing its presence in China after decades of deep involvement in the country’s technology sector, reflecting the growing challenges facing US technology… Read Article →
Meta and TikTok Face Thousands of Youth Safety Lawsuits After Appeals Court Ruling
Meta and TikTok have suffered another legal setback after a US appeals court rejected their attempt to stop thousands of lawsuits accusing the social media… Read Article →
Glo Offers Free Data With Samsung Galaxy Z Fold8 Pre-Orders
Globacom is offering customers who pre-order Samsung’s latest foldable smartphones a six-month mobile data bonus as part of a new promotional partnership between the two… Read Article →
Alphabet’s SpaceX Investment Explodes in Value After IPO
Alphabet’s early bet on SpaceX has become one of the most remarkable technology investments of the past decade. The Google parent company invested $900 million… Read Article →
Meta’s AI Workforce Revolution Hits Roadblocks as Layoff Plans Falter
Meta CEO Mark Zuckerberg has spent much of 2026 pushing the company toward an ambitious goal: building a workforce designed around artificial intelligence. The strategy… Read Article →
Meta Agrees to Billions in Child Safety Settlement Over Facebook and Instagram
Meta has agreed to a multibillion-dollar settlement with US states over allegations that Facebook and Instagram were designed in ways that could encourage excessive use… Read Article →
US Tech Giants Tap Europe’s Bond Market to Finance AI Spending
Artificial intelligence is changing more than the way companies build software, search the internet and run cloud services. It is also reshaping global financial markets.… Read Article →