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Business

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Elon Musk not fit to run Twitter – Dorsey

adminMay 2, 202303 mins

The former Chief Executive Officer of Twitter, Jack Dorsey recently backtracked on his earlier endorsement of Elon Musk as the…

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  • Business

FG raises alarm over N4trn debt owed by companies

adminMay 1, 202302 mins

Asset Management Corporation of Nigeria, AMCON, an agency of the federal government, has called for stakeholders’ support in recovering N4…

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  • Business

Nigeria leads Africa in venture capital investments

adminApril 25, 202304 mins

Nigeria has emerged as the top country for venture capital investments in 2022, a new report by the Africa Private…

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  • Business

Ex-Twitter CEO, Jack Dorsey launches alternative app on Android

adminApril 22, 202302 mins

Jack Dorsey, the co-founder and ex-CEO of Twitter, has launched an alternative micro-blogging site available only on Android devices for…

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  • Business

Microsoft drops Twitter from advert platform, Musk threatens suit

adminApril 20, 202303 mins

Tech company, Microsoft, has announced moves to drop social media service, Twitter, from its advertisement platform, Smart Campaigns. In a…

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  • Business

Adidas opens Lagos flagship store

adminApril 18, 202302 mins

Sports brand, adidas, has opened a flagship store in Lagos State, Nigeria; its largest and first-of-its-kind store in West Africa….

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  • Business

Full list of Forbes’ 25 world billionaires in 2023

adminApril 5, 202306 mins

American business magazine, Forbes, in its 2023 list of 25 richest people in the world, featured Bernard Arnault on the…

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  • Business

Alibaba to split into six business groups

adminMarch 29, 202302 mins

Alibaba announced Tuesday that it would split into six business groups in one of the most significant overhauls of a…

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  • Business

Paystack CEO, Shola Akinlade acquires majority stake in Danish football club

adminMarch 29, 202304 mins

The Co-founder and Chief Executive Officer of Paystack, Shola Akinlade, has bought a 55 percent stake in a second-division Danish…

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  • Business

Zoom activates ‘catching up’ features for latecomers

adminMarch 28, 202304 mins

Zoom has announced the introduction of new features to compete with other teams’ communication applications. These features are expected to…

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  • Business

Mobile subscriptions rise to 226 million

adminMarch 28, 202302 mins

Mobile subscriptions have risen by 4.61 million to hit 226.84 million in 2022, according to new industry statistics from the…

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  • Business

Elon Musk Puts Current Twitter’s Value At $20bn

adminMarch 27, 202304 mins

Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid…

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Naira scarcity: Poultry farmers lose over N30bn eggs – Association

adminMarch 17, 202304 mins

The Poultry Farmers Association of Nigeria (PFAN) said its members lost more than N30 billion worth of over 15 million…

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  • Business

Telcos lost 12 million internet subscribers in 2021 – NCC

adminMarch 11, 202304 mins

The Nigerian Communications Commission (NCC) has said telecommunications companies lost a total of 12 million internet subscribers in 2021. The…

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  • Business

Multichoice partners firm to re-launch streaming app

adminMarch 5, 202303 mins

MultiChoice Group and Comcast’s NBCUniversal and Sky have announced a new partnership to expand and relaunch Showmax. According to the firm,…

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  • Business

Zoom sacks president without cause

adminMarch 3, 202304 mins

Video conferencing platform, Zoom, has sacked its president, Greg Tomb, who is a former Google executive. Mr Tomb’s contract was…

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  • Business

Facebook, Instagram users to pay $12 monthly for verification

adminFebruary 19, 202304 mins

Facebook and Instagram owner Meta will launch a paid subscription service starting at $11.99 a month allowing users to verify…

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  • Business

WhatsApp allows users put voice notes as status updates

adminFebruary 7, 202302 mins

WhatsApp has launched five new status update features — one of which allows users to record and share 30-second voice messages….

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  • Business

Dell to cut 5% workforce

adminFebruary 6, 202303 mins

Dell plans to lay off roughly 5% of its workforce, the company said in a regulatory filing Monday, in the…

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  • Business

Elon Musk’s Starlink now active in Nigeria — first in Africa

adminJanuary 31, 202303 mins

Starlink, a satellite internet service owned by Elon Musk, is now available for customers in Nigeria.  The development is coming…

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