Tech News Archives - Wakenews Nigeria

November 14, 2024

Network Disruption: Nigerian Telecom vows to restore 100% service today in reference to Undersea Cable Cut

March 19, 2024 Joshua Samuel

The Association of Licenced Telecoms Operators of Nigeria (ALTON) has stated that the quality of voice and data services provided by telecoms businesses affected by the underwater cable cuts will be fully restored today. This was confirmed by the association’s Chairman, Gbenga Adebayo, in an exclusive interview with Punch yesterday. […]

Bolt Offers Drivers Insurance Discounts and Fuel as Part of its Rewarding Program

March 7, 2024 Joshua Samuel

Bolt Nigeria, a leading ride-hailing app, is offering drivers a fuel and insurance discount. This was revealed in a statement made to a source by the ride-hailing company. The fuel reduction, according to the firm, is part of its recently launched Bolt Rewards program. According to the corporation, the fuel […]

Bolt slashes fee to 50%, now competing with InDrive and Uber

March 5, 2024 Joshua Samuel

Bolt generally charges drivers up to 15% commission, however, the firm has eliminated this fee in Cairo. This implies that drivers will use the app commission-free, and the e-hailing company will pay them the total amount collected for each trip. At the launch, Haitham Mansour, Bolt Egypt’s Country Manager, stated […]

Access to Crypto Exchanges has been banned by Nigerian Authorities

February 22, 2024 Joshua Samuel

Corroborating earlier reports of a ban on cryptocurrency exchanges, the Central Bank of Nigeria, in collaboration with the Nigerian Communications Commission (NCC), has directed all telecommunications companies in the country to restrict access to crypto companies’ websites and applications. This is part of the government’s desperate efforts to prevent the […]

Nigerian lawmaker denies motion to ban sport betting in the country

February 17, 2024 Joshua Samuel

On Thursday, rumors were circulating that the House of Representatives in Nigeria had decided to ban sports betting within the nation. Nigerians responded to this in a variety of ways, with the majority viewing the action as an inappropriate priority. However, Rivers State lawmaker Kelechi Nwogu, who purportedly introduced the […]

2500 dispatch riders as been permitted to operate in Abuja while their registration is still withheld

February 11, 2024 Joshua Samuel

Not more than 2500 dispatch riders have been given clearance to work in Abuja. The head of public relations and enlightenment at DRTS (Directorate of Road Traffic Services), Mr. Kalu Emetu revealed this during a discussion with the representatives of the News Agency of Nigeria (NAN) in Abuja on Friday. […]

$210million lost to hackers in the cryptocurrency community in January 2024

February 2, 2024 Samson Ayodeji

Hacks and exploits are among the problems that have constantly dogged the emerging crypto industry. Reports yesterday revealed that Chris Larsen, the executive chairman of Ripple, had a $112 million scam in his account, capping off an incredible January of 2024. That was on top of the several mischievous acts […]

Future of cryptocurrency in Nigeria as Federal Government lifts ban

January 23, 2024 Joshua Samuel

In the latter days of 2023, the Central Bank of Nigeria (CBN) eventually relaxed its prohibition on Nigerian banks handling cryptocurrency transactions, after over two years of maintaining a full ban on banks dealing with digital currencies. The CBN acknowledged in a circular to banks dated December 22, 2023, that […]

Nigerian Showmax subscribers will pay N2900 for the Premier League package in advance of the February relaunch

January 16, 2024 Joshua Samuel

MultiChoice, a South African corporation, has updated the prices for its Showmax bundles. The General Entertainment plan will cost $2.89 (N2500) monthly in Nigeria as of February 12, 2024. Furthermore, the Entertainment and Premier League mobile bundle will cost ₦3,200 ($3.70) per month, while the new Premier League Mobile package […]

InDrive set to offer credit and loans to drivers in Ghana, Kenya, and Nigeria

January 5, 2024 Samson Ayodeji

The multinational e-hailing company InDrive, which is present in 47 countries, plans to expand into the financial industry to offer more services. CEO Arsen Tomsky started the business to provide financial goods, such as small loans, to drivers in developing nations. The project will mainly target nations like Nigeria, Kenya, […]