Nigeria leads global drop in cash usage as digital payments rise
Nigeria has seen the sharpest decline in cash transactions over the past decade, surpassing six other cash-heavy economies, according to...
MTN, Airtel Account for 57% of IHS Towers’ 2024 Revenue
MTN Nigeria and Airtel Nigeria contributed 57% of IHS Towers’ revenue in 2024. Nigeria, its largest market, generated 58.3% of...
NELFUND to Introduce Software for Disabled Students Applying for Loans
The Nigerian Education Loan Fund (NELFUND) has announced plans to implement specialized software that will assist students with disabilities in...
Sycamore Expands Into Asset Management with SEC License
Sycamore, a Nigerian digital lender managing ₦10 billion in assets, has secured a fund manager license from the Securities and...
Nigeria’s Inflation Drops for First Time From 24.48% to 23.18%
Nigeria’s inflation rate declined for the first time in 2025. The National Bureau of Statistics (NBS) reported that headline inflation...
Google to Replace Google Assistant with Gemini
Google has announced that it will phase out Google Assistant in favor of Gemini, its AI-powered assistant. The company believes...
Facebook Now Pays Creators for Getting Views on their Stories
Facebook is introducing a new way for creators to earn money from public stories. This is expanding its monetization options...
OpenAI Urges U.S. to Ease Copyright Rules to Stay Ahead of China in AI
OpenAI is urging the U.S. government to make it easier for artificial intelligence companies to train on copyrighted material. They...
Apple Prepares Major Redesign for Next iOS Update
Apple is set to introduce a major redesign for iOS 19, iPadOS 19, and macOS 16, making it the biggest...
CIG Motors Takes Over LagRide, Introduces Salaried Model for Drivers
CIG Motors, the Chinese automobile company responsible for assembling and distributing GAC vehicles in Nigeria, has taken over the operational...
At Spectra, we're more than just a news website. We are your gateway to a dynamic world where technology, business, and lifestyle stories come together to create a richer, more vivid picture.