The Chief Executive Officer of Moniepoint Inc, Tosin Eniolorunda, has sparked conversations about the state of talent development in Nigeria after revealing that the fintech company is struggling to fill more than 500 open positions despite focusing its recruitment efforts locally. Speaking during an appearance on The Platform, a public affairs programme aired on Channels…
Meta Platforms has officially discontinued end-to-end encrypted direct messaging on Instagram, bringing an end to a privacy feature that previously allowed users to exchange messages with an added layer of security. The change took effect on May 8, 2026, according to an update published on Instagram’s official Help page, where the platform confirmed that end-to-end…
Fresh concerns have emerged over agricultural financing in Nigeria after a leading agribusiness executive accused financial institutions of diverting funds intended for farmers into the real estate sector, worsening the country’s already fragile food production system. The allegation was made by Wale Oyekoya, former Chairman of the Agriculture and Non-Oil Group of the Lagos Chamber…
Nigerian fintech company Interswitch has partnered with Asaba Airport Company to introduce a new smart parking solution at Asaba International Airport, marking another step toward modernising airport operations in Nigeria. The newly deployed system, known as the Interswitch Parking Management Platform (PMP), is designed to automate parking operations and improve access control across the airport….
Wall Street giant Morgan Stanley has officially entered the direct retail cryptocurrency trading market by launching crypto trading services on its E*Trade platform. The move marks a significant expansion of the bank’s digital asset strategy and positions Morgan Stanley as a stronger competitor in the fast-growing retail crypto trading space. According to reports, the new…
Ted Turner, the visionary media entrepreneur who transformed the global television industry by launching 24-hour news broadcasting, has died at the age of 87. A family spokesperson confirmed that Turner passed away on Wednesday at his home near Tallahassee. The media pioneer had publicly revealed in 2018 that he was living with Lewy body dementia,…
Nigerian billionaire industrialist Aliko Dangote has announced plans to enter the power sector with an ambitious 20,000-megawatt electricity project, signaling a major expansion of his business empire beyond refining, cement production, and fertiliser manufacturing. Dangote disclosed the development during an interview with Makhtar Diop, Managing Director of the International Finance Corporation, where he outlined his…
The United States has resumed visa processing for Nigerian and other foreign-trained doctors after quietly reversing a recent policy that had disrupted immigration applications for medical professionals. The policy shift comes as welcome news for thousands of foreign physicians who were affected by an earlier visa processing freeze introduced under the U.S. travel restriction framework….
Zenith Bank has announced the retirement of its founder and Group Chairman, Jim Ovia, marking the end of a significant leadership chapter in one of Nigeria’s leading financial institutions. The announcement was made during the bank’s 35th Annual General Meeting, where the institution confirmed that Ovia stepped down following the completion of his mandatory tenure…
Michael Saylor has sparked fresh debate in the crypto market after suggesting that Strategy, formerly known as MicroStrategy, may eventually sell some of its Bitcoin holdings to fund dividend payments tied to its perpetual preferred stock. The comments have fueled speculation across the cryptocurrency market, with prediction markets sharply increasing the probability that Strategy could…
