Meta moves to slash subscription fees on Facebook, Instagram
Meta has proposed a reduction in its monthly subscription fee for Facebook and Instagram, slashing it to 5.99 euros from 9.99 euros, as disclosed by a senior Meta executive on…
Car financing start-up Moove raises $100m in Series B funding
A startup revolutionizing car financing for ride-hailing, Moove, has secured $100 million in its Series B funding round, reportedly spearheaded by Uber, TechCrunch reported. This investment comes on the heels…
Nvidia launches platform for 6G technology
Chipmaker Nvidia on Monday, unveiled an AI-powered software platform designed to facilitate research into 6G technology by simulating communications environments in the cloud. Anticipated to succeed 5G, the new communication…
Marketers consider fuel price reduction as PH refinery begins operations
Melvin Onwubuke The Independent Petroleum Marketers Association of Nigeria and the Major Energy Marketers Association of Nigeria have projected a marginal reduction in the pump price of Premium Motor Spirit,…
Telcos promise 100% voice, data service today
Melvin Onwubuke The Association of Licensed Telecommunications Operators of Nigeria has said voice and data services affected by the cut in the undersea fibre optics along the coasts of Cote…
Firm unveil environment friendly air conditioners
Melvin Onwubuke A home appliances brand, Lontor Hi-Tech Development Company Limited, has introduced its latest J-Series air conditioning system into the Nigerian market. According to the firm, the introduction…
Abia gets $125m from Islamic Bank for roads
Melvin Onwubuke The Islamic Development Bank has earmarked $125 million to facilitate the Abia State Integrated Infrastructure Development Project. According to the statement, the strategic initiative was part of…
Internet services restored five days after undersea cable cut – NCC
Melvin Onwubuke The Nigerian Communications Commission has announced that approximately 90% of voice and data services have been restored in Nigeria following disruptions caused by undersea cable cuts. This was…
Bitcoin value is based on “thin air,” Finance expert, Dave Ramsey
Personal finance guru Dave Ramsey has echoed Warren Buffet's skepticism regarding the legitimacy of cryptocurrencies, particularly Bitcoin, suggesting that its value remains grounded in "thin air" despite its soaring price.…
Turkey moves to curtail Meta over competition law violation
Turkey's competition on Monday, the authority implemented an interim measure targeting Meta Platforms Inc. This measure aims to impede data sharing between the Instagram and Threads platforms while the authority…
Pension funds drop by $18.9bn over naira devaluation – Report
The devaluation of the Naira has had a significant impact on the net asset value of pension funds in Nigeria, in the past year. The data reviewed, shows that, the…
Deloitte considers biggest restructuring in 10 years – Report
Deloitte has commenced the most extensive reorganisation of its global operations in a decade, driven by the need to cut down on expenses and simplify organizational structure amidst projections of…