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Author: akintunde

Google makes $100,000 worth of tech training free to every U.S. business
Local

Google makes $100,000 worth of tech training free to every U.S. business

May 2 (Reuters) – Google (GOOGL.O) of Alphabet Inc (GOOGL.O), announced on Monday that any U.S. company with over $100,000…

byakintundeMay 2, 2022May 2, 2022
Deliveroo suspends pay cut for UAE delivery riders after rare worker strike
Local

Deliveroo suspends pay cut for UAE delivery riders after rare worker strike

DUBAI, May 2 (Reuters) – After a rare strike by foreign delivery employees in the Gulf Arab state, over working…

byakintundeMay 2, 2022May 2, 2022
Netflix drops Meghan Markle’s animated series ‘Pearl’
Local

Netflix drops Meghan Markle’s animated series ‘Pearl’

May 1 (Reuters) – Netflix Inc (NFLX.O) announced on Sunday that it had opted to halt production on Meghan Markle’s…

byakintundeMay 2, 2022May 2, 2022
The Fed wants to cool the U.S. housing market. Here’s what that feels like
Local

The Fed wants to cool the U.S. housing market. Here’s what that feels like

(Source: Reuters) Harsh Grewal and his wife settled on a place in a San Francisco suburb in mid-April, months into…

byakintundeMay 2, 2022May 2, 2022
U.N. chief calls for debt relief, post-COVID investment on West Africa trip
Local

U.N. chief calls for debt relief, post-COVID investment on West Africa trip

(Reuters) – DAKAR, May 1 (Reuters) – On Sunday, United Nations Secretary-General Antonio Guterres called for debt relief and increased…

byakintundeMay 2, 2022May 2, 2022
Stocks slide, dollar holds ground as U.S. rate hike looms
Local

Stocks slide, dollar holds ground as U.S. rate hike looms

Reuters, MILAN, May 2 – Concerns over economic growth lingered ahead of an expected U.S. rate hike this week. After…

byakintundeMay 2, 2022May 2, 2022
Oil slips on China growth worries, EU weighs Russian crude ban
Local

Oil slips on China growth worries, EU weighs Russian crude ban

Fears regarding China’s growth are increased by the country’s declining industry activity. (Reuters) – LONDON, May 2 (Reuters) – On…

byakintundeMay 2, 2022May 2, 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
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

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