Seven things to know about Apple’s New VR headset
The Apple Vision Pro stands as one of the year's most anticipated devices, marking Apple's initial venture into the realms of virtual and augmented reality. Positioned as a potential flagship…
NGX delists GlaxoSmithKline from exchange list
The Nigerian Exchange Limited has delisted GlaxoSmithKline Consumer Nigeria Plc's shares from the Daily Official List of the exchange. The Exchange's Weekly Report mentioned this. The delisting happened after the…
CEO blames price barrier for Nigeria’s slow eSIM adoption
CEO of eSIM Plus, Dina Tsybulskaya has cited the expensive price of eSIM-compatible phones as the reason behind Nigeria's sluggish adoption of the technology. Tsybulskaya, whose company provides the infrastructure…
Rivers assures Germany of secure business environment
The business delegation from the German Chamber of Industry and Commerce was given assurances by Rivers State Governor Mr. Siminalayi Fubara regarding the safety of doing business in the state.…
Speculative FX demands cause of weak naira – CBN
By Christian George The Central Bank has attributed the country's weak currency to the insatiable demand for dollars and foreign goods by Nigerians. According to The Guardian, the apex bank…
Why flight fares may increase – Local airlines
Airline companies have warned that they may be have to evaluate their pricing upward since the price of aviation fuel increased to more than N1300 According to The Punch, the…
Banks to pay customers money sent from abroad in naira
Following the recent directive by the Central Bank of Nigeria, restricting the operations of International Money Transfer Operators to only inbound transfers, the IMTOs have decided to halt dollar transfers…
X opens app to sports betting with BetMGM deal
X, formerly Twitter, on Friday signed a deal with the sports betting operator, BetMGM to give users access to betting codes. “X is the center of the sports world’s conversation…
Over 1,000 Lagos retirees to receive N3.1bn next week – Sanwo-Olu
The governor of Lagos State, Babajide Sanwo-Olu, has declared that his administration will provide over 1,000 retirees in the state a whopping N3.1 billion in benefits in the upcoming week. Sanwo-Olu…
PZ Cussons Nigeria’s H1 2023/2024 losses hit N73.8bn
The financial results for the second quarter of the fiscal year 2023/2024, which ended on November 30, 2023, have been released by PZ Cussons Nigeria Plc. According to The Times,…
Grammarly lays off 230 workers globally
Grammarly said this week that as part of a "business restructuring," the company is cutting off 230 workers globally. Grammarly states that the layoffs are a part of their efforts…
OpenAI hits $2bn in revenue
In December, OpenAI, the Artificial Intelligence company, achieved a significant milestone by reaching $2 billion in revenue, as reported by the Financial Times on Friday. OpenAI anticipates surpassing this figure…
