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UK confronts Meta, TikTok, Google, others over online safety

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Kitack-Lim’s
Economy

World economy needs Nigeria – IMO

The Secretary-General of the International Maritime Organisation, Kitack Lim, has reiterated the importance of Nigeria to the growth of the world’s economy. This was disclosed through a press statement signed by the Assistant Director, Public Relations, Nigerian Maritime Administration and Safety Agency, Osagie Edward, in Lagos. Kitack, in his address at a ‘meet and greet’ reception […]

Tech

Egypt’s Grinta raise $9.5m for tech project

Egypt’s digital pharmaceutical platform, Grinta, has raised over $8 million Seed funding to facilitate the growth of its full-stack tech platform, team expansion and growth across the Egyptian market.   According to Techeconomy, the event was co-led by Raed Ventures and Nclude, with participation from investors including Silicon Valley-based Endeavor Catalyst and 500 Global, bringing […]

Banking

Access bank launches tech-modified agents’ kiosks

Access Bank commissioned and empowered Access Closa agents across Nigeria with Solar powered fiber kiosks.   According to a statement by the bank, the technologically modified kiosks are expected to support their business and boost the visibility of their locations.   This, the financial institution said, would help to provide more than banking services to […]

Aviation

Black Friday: Arik Air woos travellers with 15% discount

Arik Air has declared a Black Friday ticket sales offer in an effort to lower costs and encourage air travel among Nigerians. The airline stated that consumers will be able to receive a 15% discount on all tickets bought during the indicated time frame thanks to the sales offer. Sales for Black Friday 2022 tickets […]

featured News

Toyota unveils new all-electric SUV model

Automotive Manufacturer, Toyota, has unveiled a new all-electric SUV model. According to Techcrunch, the newly released model is designed with plant-based seating and an AI “personal” assistant as the automaker expands its “beyond zero” portfolio. The company has also revealed that it plans to launch 30 fully electric vehicles, including five under the bZ (“Beyond […]

Crypto featured

Binance unveils new investment platform

Crypto firm, Binance, has unveiled a new cryptocurrency investment called Binance Smart Chain to provide investors with a daily percentage dividend of 3%. The investment company stated that only consumers who participated in its presale were eligible for the three percent daily percentage. According to a statement made by the company, BSC Stake was an […]

Liang
Business

Nigeria: UK to fund women-owned businesses with $100m

The British High Commissioner to Nigeria, Ms Catriona Laing, Wednesday said the United Kingdom government has launched a $100 million program through the First Bank of Nigeria as direct funding to women-owned enterprises in Nigeria. Laing made this known at the ongoing Gender and Inclusion summit organised by the Policy Innovation Center, an initiative of […]

Crypto featured

Crypto turmoil not surprising, says ECB

The recent collapse of a major cryptocurrency exchange platform that has sent shockwaves through the largely unregulated sector is “not a surprise”, a top European Central Bank official said Wednesday. The popular FTX platform filed for bankruptcy in the United States last week with a reported $8-billion hole in its finances, sparking a confidence crisis […]

Agribusiness

Enugu farmers, SMEs benefit from World Bank’s project

Farmers, Small and Medium Enterprises and others have benefitted from the World Bank assisted Agro-Processing, Productivity Enhancement and Livelihood Improvement Support Project in Enugu State.   The Enugu State Deputy Governor, Mrs Cecilia Ezeilo, made this known during a two-day World Bank 9th Implementation Support Mission held in Enugu.   The News Agency of Nigeria […]

inflation
featured News

UK inflation hits 41-year high

British inflation has accelerated to the highest level for 41 years, driven by soaring energy, food, and transport prices in a worsening cost-of-living crisis, official data showed Wednesday. The Consumer Prices Index hit 11.1 percent in October, reaching the highest level since 1981, the Office for National Statistics said in a statement. That compared with […]

Elon Musk discloses plans for self-driving cars
Business featured

Tesla trial: Musk to testify over $50bn compensation

Tesla tycoon Elon Musk will take the stand on Wednesday as part of a trial over his $50 billion pay package as Chief Executive Officer of the electric car giant. Musk will testify in the same Delaware court where he faced a lawsuit by Twitter to make sure he went through with his buyout of […]

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