tech news

MTN Losses N177.8 billion in 2023

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MTN Nigeria Plc has announced a staggering loss before tax of N177.8 billion for the fiscal year 2023, a significant downturn from the N518.8 billion pre-tax profit reported a year earlier. The losses have led to a complete wipe-out of shareholders’ funds. The primary driver behind this unprecedented loss is …

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Two Senior Executives at Binance Detained in Nigeria

Two senior executives at Binance, the world’s largest exchange have been detained in Nigeria, per a Financial Times report. Citing people familiar with the matter, the report says the executives flew to Nigeria following the country’s decision to ban several cryptocurrency trading websites last week. However, they have been detained …

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