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 Google to keep YouTube and YouTube TV on its…
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 less than four years. According to the company, Nigeria is…
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 and Telecoms Awards. The company, in a statement, restated its…
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 since he was banned from Twitter, Facebook and YouTube, he…
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 and other African countries to boost the use of virtual…
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 attract a jail term of one year and six month…
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 the end of 2019, according to data obtained from the…
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 air link to promote trade relations. Awoniyi said this during…
WhatsApp New Feature Allows Chat To Disappear By Default
Popular instant messaging service, WhatsApp has added a new feature that gives users better control over their messages and how long they stay visible, with default disappearing messages and customizable…
You Tube Music Partners Briteswan And IManage Africa Entertainment Limited
YouTube Music has said it has partnered with two Nigerian organisations, Briteswan and iManage Africa Entertainment Limited. The partnership involves provision of financial grants, capacity development training, and advisory to…
Microsoft Introduces Hybrid Workspace
Microsoft has said there is a need to redefine work processes as around 40 per cent of the global workforce is considering leaving their current jobs. According to the company,…
Beneficiaries Of Tony Elumelu Foundation Get Insurance Plan From HIL And HLA
Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA) have extended simple insurance plans to the beneficiaries of the Tony Elumelu Foundation (TEF). According to the company, targeted at minimising…
SEC Director-General Advocates On The Use Of Technology
At the 2021 workshop of Capital Market Correspondents Association of Nigeria(CAMCAN) in Lagos, the Director-General of Securities and Exchange Commission (SEC), Mr Lamido Yuguda who was represented by Executive Commissioner,…
Self-Driving Car Unit “Mobileye” To Go Public In U.S
According to Reuters “Intel Corp said on Monday it plans to take self-driving-car unit public in the United States in mid-2022, a deal which could value the Israeli unit at…
Chinese Startup SenseTime To Raise $767 Million In Hong Kong IPO
Chinese artificial intelligence startup SenseTime Group is looking to raise up to $767 million in its Hong Kong initial public offering (IPO), according to a term sheet seen by Reuters.…
European Investors Back Kenyan Fintech “ Asilimia” with Equity And Debt
Kenyan fintech Asilimia raised $2 million in pre-seed funding ($1 million equity and $1 million debt), the funding came from various investors, including Fredrik Jung Abbou, a two-time unicorn founder…
South Africa Mobiz Raise $4 Million In Pre-Series A Round
South Africa Mobile marketing startup Mobiz has raised a total of $4 million for its pre-Series A round from a group of investors which include HAVAÍC, Futuregrowth, Launch Africa, CapaciTech,…
Algeria’s Yassir Lands A Healthy Series A From Multiple Investors
Yassir, an Algerian startup founded in 2017 provides on-demand services such as ride-hailing and last-mile delivery, has raised a $30 million Series A round. The investment came from a long…
Old Mutual Private Equity Signals Proposal To Buy Long4Life
Shares in Long4Life, the company owned by entrepreneur Bidvest founder Brian Joffe, soared in trade on Friday (3 December), on news of a multi-billion rand acquisition proposal from Old Mutual’s…
Tech Giants Lose Billions As Tech Stocks Tumble
Tumbling tech stocks on Friday wiped out tens of billions of dollars from the net worth of some of the billionaires, amid fears of inflation and economic tightening. According to…
Nigeria Stock Exchange Record N589 Billion Loss
The Nigerian stock market declined by N598bn at the end of last week as some large-cap stocks recorded price losses. The NGX All-Share Index depreciated by 2.63 per cent to…
Europe Plan Production Of Green Hydrogen
Spanish power company Iberdrola and Sweden’s H2 Green Steel are to partner and develop a major facility that will produce green hydrogen, in yet another example of how companies are…
There’s No Reason Why Ford Shouldn’t Break Above $20, Trader Says
Ford’s fate looks rosy to Inside Edge Capital Management founder Todd Gordon. Ford’s stock was just above $20 a share in premarket trading Friday. With shares of the automaker meeting…
Powerful Nigerians Frustrating AMCON’s Recovery Of N4.4trn Debts — Senate Panel
The Senate Committee on Banking, Insurance and other Financial Institutions has lamented that highly-placed Nigerians were frustrating the effort of the Asset Management Corporation of Nigeria (AMCON) to recover N4.4…
Nigeria Makes List Of Countries Implementing International Public Sector Accounting Standards
A Director in the office of the Accountant General of the Federation, Alhaji Salau Zubairu, has said Nigeria and Tanzania are the only African countries rated as complying with implementing…
Dolidol Acquires Mouka Foam For $60 Million
Dolidol an international firm has acquired Mouka Foam in a $60 million (N24.9 billion) deal to create pan-African bedding and mattress. The deal was backed by the Development Partners International…
Buhari Transmits Finance Bill To NASS For 2022 Budget
The President, Major General Muhammadu Buhari (retd.), has transmitted the Finance Bill 2021 to the National Assembly for consideration and passage to give legal backing to some of the proposals…
NGO: World Leaders Must Go Beyond Grand Gestures
World leaders must go beyond “grand gestures” to feed the 45 million people around the world who are on the brink of famine, 120 non-governmental organisations (NGOs) have warned. The…