U.S. Chipmaker Intel To Invest $7 Bln In New Facility
American chip manufacturer Intel Corporation will invest 30 billion ringgit ($7.10 billion) in a new, state-of-the-art facility, Malaysian authorities said…
Year: 2021
B Investments Makes First Deal For New Healthcare Platform
B Investments Holding announced the establishment of B Investments in Healthcare, with a licensed capital of LE 1 billion, to…
RMB Teams Up With ZX Ventures To Back Non-Alcoholic Drinks Firm
South African financial services firm Rand Merchant Bank (RMB) has picked up an equity stake in The Duchess, joining ZX…
Equinix Acquire Nigeria’s Leading Data Center MainOne
California-based digital infrastructure company, Equinix, has acquired Nigeria’s leading data center and connectivity solutions provider, MainOne at a whopping $320million, MainOne…
African Edutech Startup Raises $15 Million In Series-B Round
uLesson, African edutech startup, has secured a $15 million Series-B investment from global investors to expand team. Sim Shagaya, chief…
U.S Whatsapp Will Allow Crypto Payment Through Novi
Meta Platforms cryptocurrency wallet, Novi, will allow users to send and receive money through the social media giant’s messaging app,…
Berlin Based Grocery Delivery Start-Up Raises $750m In Financing Round
Grocery delivery start-up Flink has raised $750 million in an additional funding round, it said on Friday, giving the German…
Elon Musk: I Am Thinking Of Becoming An Influencer
Tesla Inc Chief Executive Officer Elon Musk is “thinking of” leaving his jobs and becoming an influencer, the world’s richest…
United State $52 Billion Bill Could Slip Into 2022
A $52 billion bill aimed at bolstering the U.S. semiconductor industry will include funding for chip design activities, a U.S.…
Chinese Ride-Hailing App Didi To Delist From New York Stock Exchange
Following months of speculation, Chinese ride-hailing app Didi announced last week that it would delist from the New York Stock…
Italy Sues Amazon For Alleged Abuse Of Market
Italy’s antitrust watchdog said on Thursday it had fined Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market…
A Total Of N6.16bn Was Paid As A Liquidation Dividend- NDIC
According to Punch Newspaper, The Nigerian Deposit Insurance Corporation said on Thursday that a total of N6.16bn was paid as…
FG Propose Companies Income Tax For Foreign Digital Companies
The federal government has proposed the collection of companies income tax (CIT) from profits made by foreign digital companies with…
Mock Auction Of 5G spectrum To Hold On Friday-NCC
The Nigerian Communications Commission has said Nigeria’s 5G plan will allow efficient allocation of spectrum for 5G deployment, and ensure…
Range Rover Velar Named Luxury Sport Utility Vehicle Of The Year
Coscharis Motors Plc says one of the brands it represents, the Range Rover Velar, has been named the Luxury Sport…
Nigerians To Pay 7.5 Percent As VAT For Facebook Ad
Facebook says Nigerians will pay 7.5 percent value-added tax (VAT) on all ad placements from January 1, 2022. The social…
Equinix Acquire MainOne In $320m Deal
Equinix, Incorporated has announced that it is acquiring MainOne in a $320m deal that is set to be sealed in…
Startimes Launch Reality Show For Jobseekers
StarTimes says it has launched a new reality television show for jobseekers. According to the company, the reality show, called…
Senate To Mandate Bill For Bank To Demand TIN
The Finance Bill 2021, which is currently being considered by the senate, has made it mandatory for banks to demand…
Bolt Introduce Booking Fee, Riders May Pay More
In a service update sent to customers on Wednesday, the company said the booking fee was necessary due to an…
Roku Enters Multiyear Agreement With Google
Roku a brand of hardware digital media players manufactured by American company has announced that it reached a multiyear agreement with…
Tek Expert Employee Base Grew From 400 To Over 1,800
Tek Experts has announced that it has grown its employee base from 400 to over 1,800 employees in Nigeria in…
Cybersecurity Firm “ DataSixth Security Consulting” Gets Recognition
DataSixth Security Consulting says it has won the ‘Cybersecurity Company of the Year 2021 Award’ at the 5th Tech Innovation…
Donald Trump Raises £1bn For His Truth Social App
Former US president Donald Trump hope to launch his Truth social app in 2022, he has been working on Truth…
Meta And Africa No Filter Partners To Promote Use Of Virtual Reality In Storytelling
Meta and Africa No Filter, a narrative change organisation, have announced a partnership to launch a new fund in Nigeria…
India Propose Jail Term For Cryptocurrency Violators
According to Bloomberg India on Tuesday, it said the policies set in place for crypto users by India government could…
Nigeria’s Debt To 5 Countries Rose To $4.26bn
Nigeria’s debt to China, France, Japan, India and Germany rose to $4.26bn as of June 30, 2021 from $3.85bn at…
Nigeria And Bolivarian Republic Of Venezuela In Talks To Establish Direct Air Link
Oludare Awoniyi, Nigeria’s ambassador to the Bolivarian Republic of Venezuela, says both countries are in talks to establish a direct…
