INFORMATION TECHNOLOGY

Nigeria is going to generate 6,000 megawatts of electricity before the end of this year, the Federal Government declared on Friday. Nigeria’s power generation currently hovers around 4,000 and 4,500MW for a population of about 200 million people. On Friday, for instance, the country’s power generation was 4,553.82MW as of …

Nigerians no longer worry over what the state of the nation will look like tomorrow. Everyone is now focused on how to survive in the failing economy. It is no longer news that people’s purchasing powers have continued to decrease, as prices of goods and services continue to rise, unabated. …

President Bola Tinubu has asked the Central Bank of Nigeria to suspend the implementation of the controversial cybersecurity levy policy and ordered a review. This followed the decision of the House of Representatives, which, last Thursday, asked the CBN to withdraw its circular directing all banks to commence charging a …

The Federal Government is set to review the nation’s visa policy to attract foreign investments and boost visits to the country. The Minister of Interior, Olubunmi Tunji-Ojo, disclosed this at the Transcorp Hotel, Abuja during a stakeholders consultative meeting on Nigeria visa on Saturday. Tunji-Ojo stated that last year’s visitor …

The CEO of Binance, Richard Teng, in a post on Tuesday, stated that the House Committee on Financial Crimes, chaired by Ginger Onwusibe (LP, Abia), demanded money from representatives of Binance during a meeting at the National Assembly Complex in January. The Federal Government says the bribery allegation by Binance …

The Nigerian government has ordered all point-of-sale operators in the country to register their businesses with the Corporate Affairs Commission in two months, which aligns with the Central Bank of Nigeria’s requirements. According to a recent statement from CAC, the decision was reached on Monday after a meeting between Fintechs …

According to the data shared by the world of statistics, China is the country with the highest electrical energy consumption in the world followed by US and India. Let’s take a look at the top ten countries with the highest electricity consumption in the world.

The Nigeria Customs Service (NCS) has increased the foreign exchange (FX) rate for import duties to N1,441.58 per dollar. The increase represents a 4.94 percent as against the N1,373.64/$ adopted on May 1. The rate adopted by customs was observed on Friday on the federal government’s single window trade portal. …

The founder of Binance, the world’s largest cryptocurrency exchange platform, Changpeng Zhao, has been sentenced to four months in prison in the United States (US) after pleading guilty to money laundering charges. LagosTimes Nigeria reports that as part of a deal with US authorities, Zhao resigned from his post late …

Are you a Japa enthusiast looking to make the move to the United States, but worried about handling the complex visa application process? You are not alone! Every year, thousands of Nigerians apply for US visas, but a significant number face rejection. But fear not, as understanding the complexities and …