Browsing Category
Africa
Twitter To Launch Dedicated Crypto Team
Twitter is expanding further into the world of cryptocurrencies as the social media giant is setting up a team…
YouTube Hides Dislike Counts To Protect Creators
In an attempt to make the YouTube platform more hospitable to creators, the virtual content creator platform will…
Libya Overtakes Nigeria As Africa’s Biggest Oil Producer
Nigeria has lost its Africa’s top oil producer status to Libya as its crude oil production fell further last month…
Dangote Committed To Bridging Unemployment Gap
Dangote Industries Limited has restated its commitment to contributing to significant reduction in the number of…
Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In
A cement refinery in Ethiopia belonging to Dangote Group risks being damaged in the ongoing conflict by Tigray…
Meta And Microsoft Announce Partnership To Integrate Workplace And Teams
Meta, the company formerly known as Facebook, on Wednesday announced a partnership with Microsoft that will allow…
Meta To Delete Ads Capable Of Fueling Negative Experience Across Its Platforms
Meta, the parent company that oversees Facebook, Instagram and Messenger has reinforced commitment to protecting…
Nigeria Holds 29% Africa’s Total Oil Reserve – OPEC
The Organization of Petroleum Exporting Countries (OPEC) has said Africa’s proven oil reserves reached 126 billion…
France Asks Nigeria To Create Enabling Environment For French Companies
Franck Riester, French minister of foreign trade and economic attractiveness, says Nigeria needs to create an…
‘You’ve Been Inconsistent’ — BudgIT Asks NBS To Publish Data On FAAC Disbursement
BudgIT Foundation, a civic-tech organisation, has called on the National Bureau of Statistics (NBS) to publish data…
Aviation Fuel Price Rises By 70%, International Airlines May Raise Fares
The International Air Transport Association has said the price of jet fuel has continued to increase in recent…
Naira Gains 3.6% To Trade N540/$1 At Parallel Market
The Nigerian naira has appreciated by 3.6% to N540/$1 at the parallel market — almost four months after the Central…
Senate Approves Buhari’s $16 Billion, €1 Billion Loan Requests
The upper legislative chamber also approved grant components of $125 million.
The president had requested the…
Billionaire Aliko Dangote’s Net Worth Rises To $19.2bn From $17.8bn In August
Africa’s richest man, Aliko Dangote, has significantly moved up in the Bloomberg Billionaires Index as his fortune…
P&G Nigeria Gets New MD
Procter & Gamble has appointed Mokutima Ajileye as the Managing Director for the Nigeria market.
According…
Johnson & Johnson Wins Reprieve Over $465M Opiod Judgment
The Oklahoma Supreme Court on Tuesday overturned a $465 million judgment against Johnson & Johnson in a lawsuit…
Twitter Expands Subscription Service To U.S., New Zealand
Twitter Blue subscribers can read articles from publications like the Washington Post, USA Today and Reuters…
Facebook Gives Estimate Of Bullying, Harassment On Its Platforms For First Time
Facebook for the first time on Tuesday disclosed the prevalence of bullying and harassment on its platform, saying…
Cititrust Holdings Sells 100% Stake In Nigerian Subsidiary
Cititrust Holdings Plc has announced its strategic decision to divest its 100 per cent holdings in Cititrust…
Visa, Kuda Partner To Issue Physical, Virtual Cards
Kuda Technologies says it has partnered Visa, a leading global digital payment company, to offer digital and…
Facebook Plans To Remove Thousands Of Sensitive Ad-Targeting Options
Facebook said on Tuesday it plans to remove detailed ad-targeting options that refer to "sensitive" topics, such as…
Africa’s 125.8bn Crude Oil Reserves Slump by 500m Barrels in 2021
The 125.8 billion crude oil reserves owned by 17 African countries have depleted by about 500 million barrels this…
Mobile Money Service Approval Sends MTN Nigeria Shares Up 9.34% To All Time High
Shares of Nigeria's second biggest listed company MTN Nigeria MTNN.LG rose 9.34% to an all time high on Monday…
Meta Launches Facebook Business Coach For SMBs In Africa
Meta, an American multinational technology company, said it will be launching Facebook Business Coach, an…
Cooking Gas Price Jumps By 240%, Marketers Halt Imports
Importers of Liquefied Petroleum Gas, popularly called cooking gas, have stopped importing the commodity.…
Lagos Tops As States Half Year IGR Reaches N849.12 Billion
The 36 states of the federation and Federal Capital Territory recorded a combined Internationally Generated Revenue…
Uber Posts Net Loss Of $2.4 Billion In Q3, But Delivery Business Outperforms
On Thursday, November 4, 2021, Uber announced its third-quarter earnings. In after-hours trading, shares rose 1%…
World Bank: Moving Goods Locally In Nigeria Is Expensive
The World Bank says it costs more to move goods locally in Nigerian than in the United States of America, stating…
Twitter Plans To Allow Space User Access Live Audio Session
Social media giant, Twitter is improving on its functionality to allow Spaces users access live audio sessions …
Africa Requires $2.8 Trillion Investment To Transition To Clean Energy By 2050 –…
Energy experts at PricewaterhouseCoopers (PwC) have said that African countries will need an estimated $2.8…