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Month: April 2022

Circa Wants To Make First-Of-The-Month Rent Payments Obsolete
Local

Circa Wants To Make First-Of-The-Month Rent Payments Obsolete

Paying rent on time can mean the difference between having a place to live, and well, not. Circa believes there…

byakintundeApril 27, 2022April 27, 2022
NFT Aggregator Gem.xyz Acquired By OpenSea Shortly After Ousting Co-Founder For Sexual Misconduct
Local

NFT Aggregator Gem.xyz Acquired By OpenSea Shortly After Ousting Co-Founder For Sexual Misconduct

OpenSea, the largest NFT marketplace, acquired Gem.xyz (Gem) to “better serve” its more experienced users. The deal will allow OpenSea…

byakintundeApril 27, 2022April 27, 2022
Future Chevy Corvette EV Will Use Battery’s Heat To Extend Its Range – General Motors
Local

Future Chevy Corvette EV Will Use Battery’s Heat To Extend Its Range – General Motors

It’s official: a fully electric Chevy Corvette is coming with new battery technology to boost its range, acceleration and efficiency.…

byakintundeApril 27, 2022April 27, 2022
Google’s Pixel Watch May Finally Be On Its Way
Local

Google’s Pixel Watch May Finally Be On Its Way

Everything old is new again. Someone leaves a prototype in a bar, prototype makes its way into some blogger’s hands,…

byakintundeApril 27, 2022April 27, 2022
Apple Confirms App Store And Apple Music Are Experiencing Issues
Local

Apple Confirms App Store And Apple Music Are Experiencing Issues

Apple has confirmed that the App Store and Apple Music are currently experiencing some issues. The company’s system status page…

byakintundeApril 27, 2022April 27, 2022
Twitter, Nigeria Agreement Suffers Setback As Musk Buys Microblogging Platform
Local

Twitter, Nigeria Agreement Suffers Setback As Musk Buys Microblogging Platform

There are indications that Twitter’s agreement with the Nigerian government will be reviewed in months. This is as Elon Musk…

byEkeminiApril 26, 2022April 26, 2022
Elon Musk Acquires Twitter For $44bn
Local

Elon Musk Acquires Twitter For $44bn

Twitter on Monday confirmed it is selling the platform to Elon Musk in a deal valued at $44 billion. The…

byEkeminiApril 26, 2022April 26, 2022
Twitter Acquisition: Elon Musk Sends Message To Critics
Local

Twitter Acquisition: Elon Musk Sends Message To Critics

Billionaire, Elon Musk, has sent a message to his critics, as his bid to buy social media platform, Twitter, closed…

byEkeminiApril 26, 2022April 26, 2022
Former CEO, Jack Dorsey, Hails Elon Musk’s Acquisition Of Twitter
Local

Former CEO, Jack Dorsey, Hails Elon Musk’s Acquisition Of Twitter

The former boss and co-founder of Twitter, Jack Dorsey, has hailed Elon Musk’s acquisition of the platform. Reacting to the…

byEkeminiApril 26, 2022April 26, 2022
Norfund Makes $8m Investment In 1K1V’s Redsun Dried Fruit And Nuts
Local

Norfund Makes $8m Investment In 1K1V’s Redsun Dried Fruit And Nuts

Norfund, a Norwegian Investment Fund for Developing Countries, has invested $8 million South Africa-based raisin processor and distributor Redsun Dried…

byakintundeApril 26, 2022April 26, 2022
Private Equity Firm Ascent Capital To Buy A Majority Stake In Diani Hospitals -Kenya
Local

Private Equity Firm Ascent Capital To Buy A Majority Stake In Diani Hospitals -Kenya

DBH operates a hospital in Diani Beach with three satellite clinics in Kwale Town, Likoni Town, and Ukunda Town. The…

byakintundeApril 26, 2022April 26, 2022
Nigerian Digital Bank Umba Secures $15m Led by Costanoa Ventures
Local

Nigerian Digital Bank Umba Secures $15m Led by Costanoa Ventures

Umba, a Nigerian digital banking startup, has raised $15 million in Series A funding to offer financial services to the…

byakintundeApril 26, 2022April 27, 2022
Zambia-Based Card Issuing Startup, Union54, Raises $12m In Seed Funding
Local

Zambia-Based Card Issuing Startup, Union54, Raises $12m In Seed Funding

Union54 is a fintech company offering card issuing services in partnership with licensed card issuers in their respective countries. Union54’s…

byakintundeApril 26, 2022April 26, 2022
Central Bank Of Kenya Orders Banks To Ration Scarce Dollars
Local

Central Bank Of Kenya Orders Banks To Ration Scarce Dollars

A number of currency traders and importers says that banks have imposed a daily cap on dollar purchases. This is…

byakintundeApril 25, 2022April 25, 2022
NSSF Doubles Investment In State’s Debt Securities – Kenya
Local

NSSF Doubles Investment In State’s Debt Securities – Kenya

Latest industry statistics show the State-owned pension fund has grown its stake in Treasury bonds and bills to Sh170.9 billion…

byakintundeApril 25, 2022April 25, 2022
Nigerian Government Records N2.23tn Fiscal Deficit In Three Months – CBN Report
Local

Nigerian Government Records N2.23tn Fiscal Deficit In Three Months – CBN Report

The Federal Government recorded N2.23tn fiscal deficit in the fourth quarter of 2021. This was revealed by figures obtained from…

byakintundeApril 25, 2022April 25, 2022
Prepare For Global Food Crisis, Adesina Advises African Govts
Local

Prepare For Global Food Crisis, Adesina Advises African Govts

Akinwumi Adesina, president of the African Development Bank (AfDB), says Africa should prepare for the inevitability of a global food…

byakintundeApril 25, 2022April 25, 2022
The Food Lab, Egypt’s Cloud Kitchen Operator, Raises Pre-Seed Round Of $4.5M
Local

The Food Lab, Egypt’s Cloud Kitchen Operator, Raises Pre-Seed Round Of $4.5M

The Food Lab (TFL), has announced the completion of a significant $4.5 million pre-seed fund raising round. This round includes…

byakintundeApril 25, 2022April 25, 2022
AfDB Approves €9.8m To Support Venture Capital Investments In African Startups
Local

AfDB Approves €9.8m To Support Venture Capital Investments In African Startups

The board of the African Development Bank Group (AfDB) has approved an equity investment of €9.8 million to support venture…

byakintundeApril 25, 2022April 25, 2022
Beans, Tomatoes, Yam Record 40% Price Hike In Nigeria –NBS
Local

Beans, Tomatoes, Yam Record 40% Price Hike In Nigeria –NBS

The average prices of food items in Nigeria recorded significant increases within a one-year period spanning between February 2021 and…

byakintundeApril 25, 2022April 25, 2022
Nigeria’s Crude Oil Production Rigs Drop By 37.5%, Says OPEC
Local

Nigeria’s Crude Oil Production Rigs Drop By 37.5%, Says OPEC

The number of functional crude oil production rigs in Nigeria decreased by 37.5% to just 10 operational rigs in March…

byakintundeApril 25, 2022April 25, 2022
High Food Prices Will Continue In Nigeria, Others Till 2023–IMF
Local

High Food Prices Will Continue In Nigeria, Others Till 2023–IMF

The International Monetary Fund says the impact of the war in Ukraine is likely to sustain pressure on commodity prices.…

byakintundeApril 22, 2022April 22, 2022
Oil Price Rises in Nigeria As OPEC Projects Steady Demand Growth
Local

Oil Price Rises in Nigeria As OPEC Projects Steady Demand Growth

The global benchmark for crude oil, rose marginally in price on Thursday. The Organisation of Petroleum Exporting Countries projected that…

byakintundeApril 22, 2022April 22, 2022
Emefiele Defends Nigeria’s Exchange Rate Policy, Says Country Facing Peculiar Challenges
Local

Emefiele Defends Nigeria’s Exchange Rate Policy, Says Country Facing Peculiar Challenges

Central Bank of Nigeria Governor, Mr. Godwin Emefiele, yesterday defended the apex bank’s managed-float exchange rate system. According to him,…

byakintundeApril 22, 2022April 22, 2022
Cooking Gas Price In Nigeria Jumps By 83% In One Year – NBS Reports
Local

Cooking Gas Price In Nigeria Jumps By 83% In One Year – NBS Reports

The average retail price for cooking gas increased by 83.62% in March 2021, according to a new report by the…

byakintundeApril 22, 2022April 22, 2022
Kenya Delays Talks On 15% Cut In Power Bills
Local

Kenya Delays Talks On 15% Cut In Power Bills

Independent power producers revealed on Thursday they were yet to receive invitations for talks on cutting wholesale power prices and…

byakintundeApril 22, 2022April 22, 2022
Safaricom Loses Bid To Bar Canada Telco From Its Network
Local

Safaricom Loses Bid To Bar Canada Telco From Its Network

Safaricom had sought to cancel the contract on allegations that Iristel Kenya will engage in SIM boxing which is a…

byakintundeApril 22, 2022April 22, 2022
KCB, USAid Sign Sh100m Funding For Livestock Farmers – Kenya
Local

KCB, USAid Sign Sh100m Funding For Livestock Farmers – Kenya

Much of northern Kenya is forecast to be sunny and receive below-average rainfall, Kenya Meteorological Department says. Climate change is…

byakintundeApril 22, 2022April 22, 2022
Vodacom Pledges High-Speed Internet After $10m Deal – Tanzania
Local

Vodacom Pledges High-Speed Internet After $10m Deal – Tanzania

Vodacom Tanzania has promised a high-speed internet across the country after signing broadband investment worth $10.8 million (about Sh25 billion).…

byakintundeApril 22, 2022April 22, 2022
Ghana Producer Price Inflation Rises To 29.3% In March
Local

Ghana Producer Price Inflation Rises To 29.3% In March

The Producer Price Inflation (PPI) increased to 29.3% in March 2022, from the 21.4% recorded in February.This represents an increase…

byakintundeApril 22, 2022April 22, 2022

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