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BUA records 26.52 profit rise in Q2 2023
Business

BUA Cement chairman buys additional BUA cement shares worth N3.8bn

The chairman of BUA Cement Plc, Alhaji Abdul Samad Rabiu CFR, has bought an extra 45 million shares worth N3.8 billion in the business. This was stated in an insider’s notification of share dealing to the Nigerian Exchange Limited. The 45 million shares purchased represent 0.13% of the company’s total outstanding shares. Abdul Samad Rabiu’s […]

OPay celebrates five-year anniversary, unveils new logo
Business

OPay celebrates five-year anniversary, unveils new logo

OPay Nigeria, a well-known financial services provider, has formally rebranded and released a new logo to commemorate its fifth year in the Nigerian market. This transformation not only signifies the company’s considerable development and influence over the years, but also its commitment to enter a new era with improved services, technological developments, and the desire […]

Samsung launches foldable phones, challenges Apple's dominance
News Tech

Samsung launches foldable phones, challenges Apple’s dominance

Samsung Electronics on Wednesday announced release of the newest foldable cellphones. Samsung aims to challenge Apple’s hegemony in the high-end market. The leading smartphone manufacturer in the world created the market in 2019, anticipating that it would appeal to users seeking a larger screen to view content while maintaining a small total phone size. The […]

Ardova leaves Nigerian Exchange after being delisted
Business

Ardova leaves Nigerian Exchange after being delisted

One of the nation’s top oil firms, Ardova Plc, has left the Nigerian Exchange Limited after being delisted. According to Business Post, the company has requested to leave the platform and suspend the open trading of its shares at the NGX, and as a result, it is quitting the primary stock exchange of the country. […]

Lagos startup ecosystem biggest in sub-Saharan Africa - Report
Business

Lagos startup ecosystem biggest in sub-Saharan Africa – Report

A new analysis by policy and advisory research firm Startup Genome has revealed that Lagos is the regional leader in the Sub-Saharan startup ecosystem in terms of ecosystem value and capital raised. The report claims that the Lagos startup ecosystem was valued at $8.4 billion between the second quarter of 2020 and 2022 utilizing the value of […]

Binance opens crypto trading to Syrians after US lifts sanctions
News Tech

Binance withdraws German license app

The world’s largest cryptocurrency exchange, Binance, may be reconsidering its expansion plans after withdrawing its application for a crypto license in Germany. “Binance confirms it has proactively withdrawn its BaFin (Germany’s financial regulator) application. The situation, both in the global market and regulation, has changed significantly,” a Binance spokesman said on Wednesday. “Binance still intends […]

Google partners Verve, okays naira payment Play Store
Business

Google partners Verve, okays naira payment Play Store

Google has partnered Verve to simplify the payment process for Play Store applications and services in Nigeria. In a press release, Google announced that Nigerians can now make local payments on the Play Store using Verve cards. This new development aims to make access to preferred apps and services easier and more convenient for users. […]

CBN unveils plan to revamp eNaira
Banking

CBN unveils plan to revamp eNaira

The Central Bank of Nigeria is taking steps to revitalize its digital currency, the eNaira, in a bid to boost adoption and usage. This marks the latest update in the country’s ongoing efforts to enhance its Central Bank Digital Currency and attract more users to the innovative financial system. In a recent statement posted on […]

Chinese Yuan gains against the dollar, reaches 7.1295
Business

Chinese Yuan gains against the dollar, reaches 7.1295

Despite US President Donald Trump’s efforts to weaken the dollar, the Chinese currency maintained its rapid slide on July 20, 2018, as analysts pointed out that a lower yuan helps Beijing in its trade spat with Washington. The China Foreign Exchange Trade System confirmed that on Wednesday, the central parity rate of the Chinese yuan, […]

Why Nigeria trails S'Africa, Kenya in Africa's B2B payment
Business

Why Nigeria trails S’Africa, Kenya in Africa’s B2B payment

A report from a business payment platform for African businesses known as Duplo, has stated that Nigeria now trails behind South Africa and Kenya in the development of key B2B payment processes across Africa. These B2B processors include the adoption of electronic bank transfers, the speed with which invoices are processed, and payment automation. South Africa leads the way […]

Amazon restructures Wondery Podcast Studio, cuts 110 jobs
News Tech

Dish network partners Amazon to provide wireless services

Dish Network has partnered with Amazon to sell wireless postpaid service plans on Amazon’s website and provide Prime subscribers with unlimited mobile service for a set monthly fee of $25. The unlimited calling, texting, and data services offered by Boost Infinite, a Dish Network subsidiary, will be discounted for Prime members when purchased through Amazon […]

Seven accredited tech learning platforms for aspiring professionals
Tech

Seven accredited tech learning platforms for aspiring professionals

In the fast-paced digital age, keeping up with the latest technology trends and acquiring new tech skills is essential for career growth and staying relevant in the job market. Fortunately, numerous accredited tech learning platforms offer comprehensive courses to help individuals develop expertise in various tech domains. Whether you’re a tech enthusiast or a seasoned […]

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