Reps call for reversal of petrol, cooking gas price hikes
The House of Representatives has intervened in the recent increase in pump prices for petroleum products, calling for the immediate reversal of the pricr hikes in petrol and cooking gas.…
Nigerian firms show greater risk appetite than foreign investors – Soludo
Anambra State Governor, Chukwuma Soludo has asserted that indigenous Nigerian companies demonstrate a higher risk appetite compared to foreign investors and multinationals. Speaking at the inaugural Abuja Business and Investment…
Tesla moves $769m in Bitcoin to unknown wallets
Tesla, the leading electric car manufacturer in the U.S., has discreetly transferred over $769 million worth of its Bitcoin assets to several unidentified wallets, generating speculation within the cryptocurrency community.…
Jumia exits South Africa, Tunisia, faces Nigeria, others
Africa-focused e-commerce retailer Jumia Technologies will shut down its South African online fashion retailer Zando and its Tunisian operations by the end of the year. CEO Francis Dufay revealed that…
Banks refund N7.05bn, $714,569 to customers, says CBN
The Central Bank of Nigeria has announced that banks operating in the country have refunded approximately N7.05 billion and $714,569.03 to customers as a result of its intervention. This information…
MAN demands reduction in soaring electricity tariffs
The Manufacturers Association of Nigeria is urging a reduction in the recently approved electricity tariffs by the Nigerian Electricity Regulatory Commission which saw a 250 per cent increase. Director General,…
Most tax evasion cccurs at state level – NFIU
The Chief Executive Officer of the Nigerian Financial Intelligence Unit, Mrs Hafsat Bakari revealed that the majority of tax evasion cases occur at the state level. This was disclosed by…
TCN launches Investigation into recent power grid collapses
Federal Government, through the Transmission Company of Nigeria has announced an investigation into the multiple power grid collapses that occurred on Monday and Tuesday. This is as the Minister of…
Moove expands into Mexico after US entry
One month after launching in the US, Nigerian startup Moove, which provides vehicle financing for ride-hailing drivers, has announced its expansion into Mexico. The company projects it will achieve profitability…
Apple unveils updated iPad mini with AI features
Apple announced a new version of the iPad mini on Tuesday, marking its first significant update since 2021. The updated device is powered by the A17 Pro chip, which introduces…
Instagram introduces new “Profile Card” feature for easy sharing
Instagram is launching a new “profile card” feature, functioning as a digital business card for users after testing phase with select creators earlier this year. The innovative two-sided profile cards…
Spotify expands music video testing to 85 new markets
Spotify announced today that it is expanding its testing of music videos to 85 additional markets for premium users. This follows an initial trial launched in March, which included a…
