MTN Nigeria reported a loss of N400.44 billion after tax for the year ending December 31, 2024, primarily due to the devaluation of the naira, which increased foreign exchange losses and negatively impacted the company's earnings.  This loss, revealed in the company's audited financial statements on Thursday, marks a 192% increase from the N137.02 billion loss recorded in 2023. The...

The U.S. Citizenship and Immigration Services (USCIS) is shaking things up with a new rule that requires applicants for green cards and visas to hand over their social media handles. This move is part of an effort to tighten security screenings, but it’s sparking privacy concerns and raising eyebrows about potential data misuse. The proposed rule, which would apply to a variety of...

Nigeria's automotive industry has experienced remarkable growth, with several indigenous and international manufacturers establishing assembly plants within the country. This development has bolstered the nation's economy and provided consumers with a variety of locally manufactured vehicles. Below is a list of notable car brands produced in Nigeria, along with their founders: 1. Innoson...

Apple’s new iPhone 16e will be significantly more affordable in Nigeria, priced at N898,500, which is N300,000 less than the standard iPhone 16, which retails for around N1.19 million. This new budget model, aimed at attracting middle-tier customers, will be available for pre-order from February 21, with actual availability set for February 28. The iPhone 16e is part of Apple’s...

Nigeria’s struggling economy has claimed another casualty as education technology startup Edukoya shuts down after three years in operation. Despite raising Africa’s largest pre-seed funding of $3.5 million in 2021, the startup says poor infrastructure and harsh economic conditions have made it impossible to scale. In a statement obtained by Your Tech Blogger on Wednesday,...