Business
Moove Secures $100M Led by Uber for Ride-Hailing
According to TechCrunch, car-financing startup Moove has raised $100 million in a Series B round reportedly led by Uber. This funding round brings...
Telegram Raises $330 Million Through Bond Sales, Eyes Profitability and Potential IPO
Telegram founder and CEO Pavel Durov announced today on his channel that the company successfully raised $330 million in investment through bond sales...
Pan African Towers Appoints Oladipo Badru as new Chief Financial Officer
Pan African Towers, a Nigerian digital infrastructure provider, has named Oladipo Badru its new Chief Financial Officer (CFO). The appointment follows recent investments...
Federal Court Orders Binance to Disclose Names and Details of its Nigerian Users to EFCC
A Federal High Court in Abuja has ordered Binance Holdings Limited to furnish the Economic and Financial Crimes Commission (EFCC) with details regarding...
‘Market Cartels’ Responsible for Outrageous Cost of Sachet Water – FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) has strongly criticised the significant rise in sachet water prices by various associations. Speaking at...
NMGS Urges FG to Stop Lip Service and Tap Mining Sector for Economic Growth
The Nigerian Mining and Geosciences Society (NMGS) has called on the government to harness the potential of the mining sector to engage young...
Nigerian Entrepreneurs Gather for Growth at DBNC 2024
Despite economic headwinds, Nigeria’s business community is gearing up for the 4th annual Doing Business in Nigeria Conference (DBNC) on April 13, 2024....
Americans Protest House of Reps Bill To Ban TikTok Nationwide
The United States House of Representatives, on Wednesday, approved a significant bill that could result in the banning of TikTok across America. The...
Banks, MTN, Others Affected by Undersea Cable Damage in Parts of Africa
Damage to multiple undersea cables off the west coast of Africa has resulted in widespread internet outages across the continent, impacting telecommunications companies,...
Xiaomi to Start Sale of its First Electric Car from March 28
Beijing-based electronics giant Xiaomi has officially announced March 28 as the release date of its highly anticipated first electric vehicle (EV), the Speed...
Interswitch Ventures into Nigeria’s Telecom Sector with MVNO License
Payments leader Interswitch is making a strategic move into Nigeria’s telecommunications sector. The company, known for its Verve debit cards, acquired a Tier...
Nigeria’s Trade Recovery Lags Behind Despite AfCFTA Implementation
Nigeria’s trade with African countries has struggled to regain momentum following the COVID-19 pandemic despite the enactment of the African Continental Free Trade...