Glovo Nigeria pioneers a new era of choice and convenience with Port Harcourt launch …strengthening Its Position as Nigeria’s Largest Online Marketplace Glovo, Nigeria’s pioneering multi-category platform, is proud to announce its… TechCity

In today’s edition: Citidata’s big bet on edge data centres in Nigeria || HeyFood, hello vindication || South Africa cuts back on interest rate as inflation cools || Funding Tracker

The two biggest runners this year are Sui (SUI) and Kaspa (KASPA), defying broader bearish trends on several occasions. Up by 175% and 260%, respectively, on the yearly charts, new investors would have missed out on significant gains. With more promising alternatives, savvy investors have been betting instead on emerging cryptocurrencies. In the spotlight is […] The post Too Late to Buy Sui (SUI) and Kaspa (KAS)? This New ICO Promises 11X Gain By Launch Date appeared first on Tekedia.

Coca-Cola Hellenic Bottling Company has announced plans to invest $1 billion in Nigeria over the next five years, marking a major move to further strengthen its operations in one of its most important global markets. This was disclosed by the company’s Chief Executive Officer, Zoran Bogdanovic, during a meeting with President Bola Tinubu, where the […] The post Coca-Cola Announces Plan to Invest $1bn in Nigeria Over The Next Five Years appeared first on Tekedia.

Nigeria’s aviation sector has received a significant boost as the Aviation Working Group (AWG) increased the country’s Cape Town Convention (CTC) compliance index score from 49 percent to 70.5 percent. This development, announced by AWG Secretary-General Jeffrey Wool, signifies that Nigeria is now considered a safer environment for aircraft leasing, positioning the country as a […] The post AWG Increases Nigeria’s CTC Score to 70.5%, Making It Safe for Aircraft Leasing appeared first on Tekedia.

He dropped a message on LinkedIn: “Dear Sir. Ndubuisi Ekekwe, kindly extend our heartfelt appreciation of these Nigerians to Alex Otti, the Executive Governor of Abia State, Nigeria. As I watch these Nigerians soaked in the euphoria of celebration, I am quick to reminisce on my own sojourn.” [He was commenting on the news that […] The post Abia State Returns To Top-3 In NECO Exams appeared first on Tekedia.

Donald Trump is expected to announce the launch of World Liberty Financial – a new crypto exchange soon. This event is causing interest in the crypto market to rise. Against this backdrop, DTX Exchange (DTX) is standing out as one of the hottest presales in this space. It has already given early buyers a 200% […] The post Ethereum (ETH) & Solana (SOL) Holders Rush to the DTX Exchange (DTX) Presale As Token Frenzy Hits New Heights appeared first on Tekedia.

The National Examination Council (NECO) has announced the release of the 2024 Senior School Certificate Examinations (SSCE) internal results, revealing that 828,284 candidates (representing 60.55%) achieved five credits, including both Mathematics and English Language. This year’s performance highlights a substantial number of successful students across the country, with Abia State leading the table. During a […] The post Abia State Leads With 83.40% Success Rate As NECO Releases 2024 SSCE Results appeared first on Tekedia.

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that Nigeria’s Central Bank foreign reserves have seen a significant net inflow of $2.35 billion monthly over the past seven months of 2024. This development, according to Edun, has contributed to greater stability in the naira and the country’s foreign exchange market, […] The post Nigerian Foreign Reserves Record $2.35bn Monthly Inflow For The Past Seven Months – Edun appeared first on Tekedia.

Ethereum Presale Token RCO Finance (RCOF) has smashed through the $2 million milestone, representing the amount of money the presale has raised. This development comes as investors look to RCOF for a 1,000X return, having incurred notable losses from the recent market declines. Whether RCOF can pull off a feat that considerable remains to be […] The post RCO Finance’s (RCOF) Ethereum Token Presale Crosses $2 Million Raise as Investors Eye 1,000x Returns appeared first on Tekedia.

OpenAI o1: Expectations vs Reality OpenAI released its new o1 models on Thursday, also calledc”an AI designed to overthink it”   ChatGPT users had… TechCity

What a nation and Yahaya Bello. The video on what happened when EFCC wanted to arrest him explains that Nigeria has more work ahead. Even Trump did what he had to do when they wanted him. Even Biden allowed the FBI to search his properties for the classified documents. But here, an ex-Governor is playing […] The post Yahaya Bello And Nigeria [videos] appeared first on Tekedia.

The U.S. Federal Reserve made a bold move on Wednesday by cutting interest rates by 0.5%, a decision that has set the stage for what many analysts predict will be a sustained period of monetary easing. With this significant reduction, the Federal Reserve aims to stabilize inflation while addressing concerns about the U.S. job market. […] The post U.S. Fed Cut Interest Rate By 0.5%, Increasing Pressure on Nigeria’s Central Bank to Adjust Rates appeared first on Tekedia.

Citidata Centre’s flagship data centre went live on July 15, 2024 with a 30-rack capacity, with plans to scale it to 80 racks.

The Federal Government of Nigeria has issued a firm warning to private sector recruitment agencies, emphasizing the need to adhere to the newly established N70,000 minimum wage. The government stressed that failure to comply with this mandate would not be tolerated, underscoring that the new wage structure is essential to address the harsh economic realities […] The post Nigeria Threatens to Jail Employers Paying Below N70,000 Minimum Wage, But It Could Compound Unemployment Crisis appeared first on Tekedia.

The UAE is a country of cutting-edge technologies. Service accessibility is not only wide here but digitalized as well. With a range of contemporary services, you can spend your vacation with relief, knowing that everything is taken care of with just an app.  The car rental industry was a real innovation when set up. Yet […] The post Experience the Ultimate Convenience of Renting a Car in the UAE with Mobile Apps first appeared on IT News Africa | Business Technology, Telecoms and Startup News.

Bitcoin (BTC) recovery has restored investors’ confidence in the broader crypto market. Crypto Whales have again begun accumulating coins they believe will enjoy significant price gains when the bull run kicks into full gear. Specifically, Litecoin (LTC) and ETFSwap (ETFS) are two coins that have caught the attention of these Whales following the Bitcoin (BTC) […] The post Litecoin (LTC) Whales On The Move Again Spurred On By Bitcoin (BTC) Recovery appeared first on Tekedia.

Vesti’s Graduate Trainee program is how they plan to find Africa’s best talent Lagos, Nigeria – September 17, 2024 – Vesti, a leading migration fintech company, is proud to announce the… TechCity

Vesti’s Graduate Trainee program is how they plan to find Africa’s best talent Lagos, Nigeria – September 17, 2024 – Vesti, a leading migration fintech company, is proud to announce the… TechCity

“This decision is consistent with projections of lower inflationary pressures in the medium term,” said Lesetja Kganyago, governor of South African Reserve Bank.

IBM and the United Nations Development Programme (UNDP) announced new interactive energy models on UNDP’s global GeoHub platform. These innovative solutions use technologies such as the IBM Watson AI and data platform to allow users—from national and community policymakers to the general public—to analyze complex energy issues using advanced artificial intelligence (AI) technology and access […] The post UNDP and IBM Unveil Interactive Energy Solutions on GeoHub first appeared on IT News Africa | Business Technology, Telecoms and Startup News.

The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening the country’s cybersecurity infrastructure by enforcing a 0.005% levy on all electronic transactions conducted by banks and financial institutions. This levy, mandated by the Cybercrime (Prohibition, Prevention, etc.) Act, 2015, aims to boost Nigeria’s defenses against the growing threat of cybercrime. This latest […] The post Nigeria’s Central Bank Introduces 0.005% Cybersecurity Levy on All Electronic Transactions appeared first on Tekedia.

Ibadan-based HeyFood says it is profitable and currently raising money to expand and multiply its revenue. Self-described as the “Doordash of Africa,” it is following the American giant’s strategy of acquiring market share in suburbs before working its way into bigger cities.

Interswitch, an African-oriented technology-driven company focused on payments, has announced a strategic partnership with the Nigeria Inter-Bank Settlement System (NIBSS), to introduce innovative solutions aimed at boosting transaction processing efficiency and compliance with Central Bank of Nigeria (CBN) directives. This partnership focuses on enhancing terminal re-certification and optimizing transaction processing uptime, providing both merchants and […] The post Interswitch And NIBSS Collaborate to Enhance Payment Processing and Compliance in Nigeria appeared first on Tekedia.

TymeBank, an exclusively digital bank based in South Africa, that disproportionately serves low-income rural customers, has secured $9.5 million (ZAR 169 million) in funding as it set to expand its footprint into Southeast Asia. The funding round was led by African Rainbow Capital (ARC), a broad-based black-controlled investment company, strengthening its position as a formidable […] The post TymeBank Secures $9.5 Million in Funding, Eyes Expansion into Southeast Asia appeared first on Tekedia.

In the dynamic world of finance, the debate over interest rate cuts is a critical one, with significant implications for the economy. Recently, Senator Elizabeth Warren, alongside Senators Sheldon Whitehouse and John Hickenlooper, has advocated for a substantial 75 basis points (BPS) cut in federal interest rates. This bold move is suggested as a means […] The post Elizabeth Warren calls for 75BPS Rate Cut as odds shift on 50BPS Cut appeared first on Tekedia.

The current economic landscape in Nigeria is marked by foreign exchange volatility, fuel crises, and rising inflation, which have placed immense financial pressure on individuals, families, and businesses.  Steering economic challenges requires more than resilience; it necessitates informed decision-making, resourcefulness, and a proactive approach to financial literacy. In times like these, knowledge is not just […] The post Seeking Knowledge in Times of Economic Hardships appeared first on Tekedia.

“Lazard CEO Peter Orszag said that Wall Street bankers prefer grueling 80-hour workweeks to the boredom of a 9-5 job during an appearance on The David Rubenstein Show on Bloomberg. The bank boss said Lazard specifically looks for employees who prefer that working style, despite growing concerns over the wellbeing of workers in the industry’- […] The post The Long-Hours Working Bankers and The Rest of the Workforce appeared first on Tekedia.

Regfyl Raises $1.1 Million Regfyl, a Nigerian company that provides digital identity verification and fraud detection tools to businesses, has raised $1.1… TechCity

As you try to access the newly released 2024 NECO results, several challenges can arise. Here are likely NECO 2024 results issues & solutions:

NECO 2024 results are officially out. Check yours here now:

Lenovo South Africa is pleased to unveil its latest AI-driven commercial range, which exemplifies the company’s objective of “Smarter Technology for All.” The Lenovo Aura Edition highlights Lenovo’s ambition to incorporate advanced AI into its product offerings. Combining individualized user experiences, sustainable design, and cutting-edge technology Key Pillars of Lenovo’s AI Vision: Transformation: Developing into […] The post AI at the Forefront: Lenovo South Africa Unveils New Range first appeared on IT News Africa | Business Technology, Telecoms and Startup News.

Recently, the capital markets in the cryptocurrency segment have been very active with significant developments that are giving people ideas on some of the best opportunities in 2024. Investors are already sensing the next big moves with Chainlink (LINK), XRP and rapidly moving RWA presale tokens all over the headlines: Rexas Finance. Chainlink: Fresh Whale […] The post Chainlink Attracts Fresh Buying Interest, Robinhood Re-lists XRP, Analyst Tracks Solana Whales to RWA Presale Token Under $0.10 appeared first on Tekedia.

The Central Bank of Nigeria (CBN) has announced reorganizing Keystone Bank Limited’s board of directors, which is a key step toward improving the bank’s operations and governance. A statement released by the financial institution on Wednesday stated that to fortify Keystone Bank Limited’s operations for long-term commercial growth, the Central Bank of Nigeria (CBN) appointed […] The post Central Bank of Nigeria’s New Appointments at Keystone Bank first appeared on IT News Africa | Business Technology, Telecoms and Startup News.

All 2024 NECO candidates are to see these vital differences between the NECO token & the NECO e-verify PIN before buying any. See them now:

Online gambling in New York has experienced explosive growth, drawing players both novice and veteran. An in-depth knowledge of legal framework, gameplay strategies and financial management is necessary for an enjoyable casino experience online – here’s an in-depth guide of what you should be aware of when gambling online in NY. Legal Considerations A Review […] The post What You Need to Know Before Playing at Online Casinos in New York appeared first on Tekedia.