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Business

NNPC shuts down refineries over financial losses – Ojulari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has revealed that Nigeria’s state-owned refineries were running at a “monumental loss,” forcing

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Bitcoin drops below $78,000 after Trump named new reserve chair

Bitcoin, Ethereum and Solana fell sharply on Saturday as retail investors reacted to a volatile week in global markets and

Bitcoin hits three-week high after US captures Maduro 

Bitcoin climbed to a three-week high in early Asian trading, amid lingering political uncertainty following the US-led ouster of Venezuela’s

Bitcoin holds above $90,000 ahead US Fed cut decision

Bitcoin held above the $90,000 mark on Tuesday as traders across global markets shifted into defensive positions ahead of Wednesday’s

Bitcoin falls to $86,553 as crypto sell-off hits market

Bitcoin and Ethereum declined on Monday as the broader crypto sell-off picked up again. Bitcoin plunged about 5.3 per cent

Google supports African startups, varsities with $9m fund, AI tools

Google has reaffirmed its commitment to Africa, unveiling new subsea cable connectivity hubs, a $9 million fund, and Artificial Intelligence

API startup Thepeer shuts down, returns capital to investors

The Nigeria-based API startup, Thepeer, which raised a $2.1 million seed round in June 2022, has announced the closure of

Nigerian payment startup, Zone raises $8.5 million in seed funding

Payment infrastructure company, Zone, has raised $8.5 million in an oversubscribed seed funding round led by VC firms Flourish Ventures

Israeli startup Vesttoo names Ami Barlev as interim CEO

Israeli fintech company, Vesttoo, has announced the appointment of Ami Barlev as interim CEO, stepping in for Yaniv Bertele, who