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California Was A Difficult Place: Elon Musk On Moving Company’s Headquater
Chief executive Elon Musk announced the move at the electric carmaker's annual shareholders' meeting in Austin.…
Naira Exchange At N414.67 To $1 Officially
The exchange rate between the naira and the US dollar closed at N414.67/$1, at the Investors and Exporters window,…
Co-Impact To Give Grant For Promotion Of Gender Equality
Co-Impact has reiterated its commitment to raising and deploying $1 billion, through its Gender Fund, to…
Samsung Share Falls Due To Global Chip Shortage
Samsung Electronics shares failed to hold onto earlier gains on Friday after the company said its operating…
Tesla’s Gigafactory Electrifies California-Germany Culture Clash
With final approval for its German factory potentially just weeks away, Tesla. Elon Musk will make an appearance…
China Forex Reserves Fall To Lowest Since April
China’s foreign exchange reserves fell almost 1% in September from the previous month, official data showed on…
UK Online Grocer Ocado To Invest $13.6 Million In Driverless Technology Startup…
British online grocer Ocado is investing 10 million pounds ($13.6 million) in self-driving technology startup Wayve…
International Airlines Plan Airfare Hike Of At Least $2.3bn (N950bn)
Airfare hikes by international airlines operating flights into Nigeria and other countries may be imminent as…
Applovin Buys Twitter Mobile Advertising Network “MoPub”
Twitter on Wednesday announced the sale of its MoPub mobile advertising network to AppLovin, a game developer and…
Bitcoin Hit Its Highest Level “$55,000” Since May 2021
Bitcoin just made a major comeback.
The cryptocurrency rallied on Wednesday, topping $55,000 and hitting its…
Amazon Receive Tax Break Of $650 Million From Local Governments Across U.S.
Amazon has been awarded a record amount of tax exemptions, grants and other incentives this year from local…
Amazon Extends Its General Store To Outside Of The U.S.
Amazon has opened its first general store in the UK, selling items including books, technology and toys, as the…
Uber New Plan Allows Booking Of Ride In Advance
Uber is trying to make it less of a hassle to get a ride home from the airport after your plane lands.
The…
Telehealth: Study Shows Increasing Adoption By Patient in 2021
By all accounts, telehealth has transformed healthcare delivery over the past 18 months as droves of patients have…
Google Says It Will Invest And Back Africa Startups To Support Its Digital…
Google plans to invest $1 billion in Africa over the next five years to ensure access to fast and cheaper internet…
Nokia Unveil First Tablet “T20” With 15 Hour Long battery life
The company that makes Nokia-branded phones on Wednesday unveiled its first tablet, the Nokia T20, in a challenge…
U.S. Hedge Fund Coatue Management Is Planning To Set Up Office In Europe
U.S. hedge fund Coatue Management is planning to set up a new office in Europe as part of an effort to capitalize…
Oil Price Rise Above $81 whilst Nigeria’s production drops by 130,000 barrels
Oil prices climbed above $81 on Monday as the Organisation of Petroleum Exporting Countries and its allies…
BluePeak Private Capital Raise Capital For Flagship Private Credit And Mezzanine…
BluePeak Private Capital, an alternative investment firm with a strong focus on Africa, announced that it has…
Crypto Exchange “Yellow Card” Raises $15 Million In Series A Funding
Cryptocurrency exchange, Yellow Card, has announced a $15M Series A, the largest ever by an African cryptocurrency…
Stocks Drop Low As Investors Fear Oil Rally Fuels Inflation
Asian shares tracked a broad sell-off on Wall Street to weaken for a third straight session on Tuesday, as…
Russia Move To Make First Space Movie
In a historic first, Russia has launched an actor and a film director into space to make a feature film in orbit —…
Tesla To Pay Former Worker For Damages
A San Francisco federal court decided that Tesla must pay a former worker, Owen Diaz, around $137 million after he…
Facebook Lost Billions After Outage
The global economy lost billions of dollars as Facebook, WhatsApp, and Instagram went down at about 4.42pm on…
Evergrande Crisis Is Affecting China’s Property Market
On the heels of Evergrande’s debt crisis, there are increasing signs of stress in China’s property market after one…
Evergrande Set To Sell Part Of Its property Services Unit Stake
Indebted developer Evergrande is set to sell part of its stake in its property services unit, the second asset sale…
Monzo Withdraws Application For U.S. Banking License
British financial technology firm Monzo has withdrawn its application for a U.S. banking license following…
5G is 100 Times Faster Than 4G
Up to 100 times faster than 4G, 5G, the fifth generation of cellular networks, is creating never-before-seen…
World Bank Approve $11.5 Billion Lending
The World Bank has said it approved $11.5bn in lending to Western and Central African countries for 98 operations.…
Africans Win At British STEAM Competition
Three youth teams from Nigeria, Ghana and Kenya have celebrated their achievements at the British International…