Author: Elan
Former Vice President and Presidential Candidate of the African Democratic Congress (ADC), Atiku Abubakar, says the Tinubu administration has failed one of government’s most basic duties: protecting ordinary Nigerians from crushing economic hardship. In a statement by Phrank Shaibu, Director of Strategic Communication of the ADC Presidential Campaign Council, Atiku said President Tinubu’s Independence Day address revealed how far his government has drifted from the people’s daily reality. The President spoke of prosperity while defending policies that have made fuel and basic necessities increasingly unaffordable, and dismissed subsidies as “addictive.” Atiku also challenged his claim that salaries and pensions have…
NEAR’s new US ETF is facing its first stress test days after launch as a $3.8 million ecosystem exploit hit the token.NEAR fell about 10% to $4.86 after NEAR Intents disclosed a security incident involving its Omni deposit-and-withdrawal infrastructure. The selloff came less than two days after Bitwise opened the token to US exchange-traded fund investors through its NEAR ETF, with the ticker NRR.The fund began trading on NYSE Arca on Sept. 29 and attracted $35.5 million of net inflows on its first day. By Sept. 30, cumulative inflows had risen to over $50 million, while total net assets reached…
The Nigerian Communications Commission (NCC), in collaboration with the Association of Licensed Telecommunications Operators of Nigeria (ALTON), has rolled out the free internet service for public secondary and public tertiary institution students. This is according to a joint statement released on October 1 by the NCC and ALTON, as seen by Technext. The Zero Rated Data Access to Approved Educational Platforms and Content initiative seeks to reduce the cost of data for digital learning, increase the chance of online research and support studying via approved platforms. Part of its ambition is to promote equal access to online resources and communication…
Microsoft has confirmed that Windows 11 version 26H2 is the last release of Windows 11 that will support PCs powered by Qualcomm’s Snapdragon 850 processor.The company added the notice to the Windows 11 Home and Pro page on its lifecycle website, which now states that “Windows 11, version 26H2 is the last version that will support devices with Snapdragon 850 processors.”Snapdragon 850 devices remain eligible for the new release, which Microsoft started rolling out on September 29, 2026. Those PCs will not be offered version 27H2, the feature update planned for next year.Snapdragon 850 Support Timeline on Windows 11Qualcomm introduced…
deficit dilemma With IMF financing still out of reach, Kenya is seeking nearly $1bn from the World Bank and AfDB. The loans come with reforms and tighter fiscal conditions. A section of the skyline of the central business district of Nairobi, Kenya, on 15 July 2025. © REUTERS/Thomas Mukoya Published on October 01, 2026 at 14:30 pm (GMT +1) Kenya has opened talks with the World Bank and the African Development Bank (AfDB) for about $985m (KSh127.7bn) in fresh loans to plug its widening budget deficit, in the absence of a new International Monetary Fund (IMF) financing programme, which is…
European Investment Bank Brings More Than 40 African Venture Capital Fund Managers to Oxford for Fifth Africa Venture Finance Programme (IN BRIEF) The European Investment Bank has completed the fifth Africa Venture Finance Programme at Oxford University’s Saïd Business School, bringing together more than 40 African and Africa-focused venture capital fund managers from 14 countries. Held from 21 to 25 September 2026, the programme strengthens investors backing early- and growth-stage technology and technology-enabled companies across Africa through academic instruction, practical experience and confidential peer exchange. Following this year’s edition, AVFP’s alumni network includes more than 200 fund managers from 20…
Dangote and Ruto break ground on $16bn Kenyan refinery – African Business Dangote and Ruto break ground on $16bn Kenyan refinery – African Business
British multinational bank Standard Chartered expects Ethena’s USDe stablecoin supply to grow eightfold to $40 billion by the end of 2028 as the protocol expands its sources of yield beyond crypto markets.In a Wednesday research report shared with Cointelegraph, the bank initiated coverage of Ethena’s ENA token with a year-end 2028 price target of $2, roughly seven times the $0.28 price cited in the report. Standard Chartered also expects USDe to slightly outpace overall stablecoin market growth over the period.Its forecasts imply ENA would also outperform Bitcoin (BTC) and Ether (ETH) through 2028. Standard Chartered sees BTC reaching $300,000 and ETH…
Rising Tide Africa, a women-led pan-African angel investment network, has committed up to ₦1.4 billion ($1 million) to Ororo Waste Management Limited, a Lagos-based used cooking oil (UCO) waste management company, to expand its collection infrastructure and working capital. Ororo Waste, Lagos State’s partner for institutional-scale UCO collection and export, received the first allocation on September 16, with additional funding potentially available through December 16. The new capital will finance the purchase of used cooking oil from its collector network and cover hub operating costs. The investment comes as Ororo Waste attempts to scale a business around Nigeria’s used cooking…
Group chats are fun, but they can also be overwhelming. The bigger the conversation, the more quickly things can get out of hand. The natural response to a rowdy group chat is to snooze it, or flip on Do Not Disturb for your entire phone. But this solution introduces a problem of its own — how long will it take you to catch up on everything you missed? Luckily, there’s a hidden feature in Google Messages that could be the best of both worlds. Bubbles are starting to become well known because of the role they play in Android 17.…