Business
‘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...
Telegram Eyes Profitability and Public Offering After User Boom
The popular messaging app Telegram is nearing financial independence and setting sights on a future initial public offering (IPO). In a recent Financial...
Lagos Govt Warns Uber to Adhere to Data Sharing Protocols or Face Sanctions
The Lagos State Government has warned Uber Technologies System Nigeria Limited of potential sanctions for the company’s alleged failure to adhere to essential...
LemFi Appoints Allen Qu as VP of Growth to Lead Expansion into Chinese Market
LemFi, a fintech firm specializing in international payment solutions, has appointed Allen Qu as Vice President of Growth to spearhead its expansion into...
Flutterwave Shuts Down Barter to Focus on Enterprise, Remittance
African fintech giant Flutterwave is discontinuing its consumer virtual card service, Barter, to prioritise its enterprise and remittance business segments. Over the past...