Business

BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

Lagos partners BOI, Sterling Bank to boost MSMEs

  • 8th May 2025
Disney, Warner Bros to launch joint streaming bundle

Disney beats Q2 expectations with strong Disney+ subscriber

  • 7th May 2025
Trump signs executive order establishing US Bitcoin reserve

Investors flee to Europe, Japan amid trade war

  • 7th May 2025

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Amazon plans stand-alone app for payments in India

Amazon enters quantum race with launch of Ocelot chip

Tech
9mobile loses over 300,000 subscribers as roaming deal with MTN faces delays

9mobile loses over 300,000 subscribers as roaming deal with

News

Africa can lead AI-driven deep tech, says El Habti

Tech
UAE commits to $25bn Nigeria-Morocco gas pipeline project

UAE commits to $25bn Nigeria-Morocco gas pipeline project

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Blog

Toshiba to lay off 4,000 staff in restructuring move
News

Toshiba to lay off 4,000 staff in restructuring move

Japan’s Toshiba On Thursday, announced plans to reduce its domestic workforce by up to 4,000 positions as part of its accelerated restructuring efforts under new ownership. The industrial conglomerate had been delisted in December following a $13 billion takeover by a consortium led by private equity firm Japan Industrial Partners, marking the culmination of a […]

Flutterwave emerges CNBC’s 14th disruptor
News

Flutterwave emerges CNBC’s 14th disruptor

Flutterwave has ranked the 14th in the CNBC’s Disruptor’s list, joining the ranks of OpenAI, Stripe, and Monzo. CEO Olugbenga “GB” Agboola established Flutterwave in 2016, with its headquarters situated in Lagos, Nigeria. The company has amassed $475 million in funding from notable entities like Tiger Global Management and Salesforce Ventures, boasting a current valuation […]

Crypto

Top ten cryptocurrency exchanges in the world

Alex Omenye The cryptocurrency exchange industry is undergoing a shift towards transparency and compliance, driven in part by the recent legal actions against former industry leaders Sam Bankman-Fried and Changpeng Zhao. The rise in the price of bitcoin, now trading at $61,568, has also facilitated this transformation, fueled by the influx of funds into U.S. […]

News

Nigerdock, G4S partner to boost security of Snake Island Port

Nigerdock has partnered with G4S, the world’s largest Integrated Security Service Provider to upgrade and manage security equipment at Snake Island Port and in the EEZ. This follows a robust security review by Nigerdock to improve security in a significantly integrated economic hub through world-class risk assessments, mitigation strategies, and 24-hour security management, due to […]

News

Atiku tells FG to halt N20tn pension fund deployment for infrastructure

The Presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has called for immediate suspension of the federal government’s plan to use the N20 trillion Pension Fund on infrastructure development. This follows the disclosure of the Finance and Coordinating Minister of Economy, Wale Edun to the State House reporters in a two-day Federal Executive Council […]

Instagram enhances safety features to combat sextortion
Tech

Instagram co-founder Mike Krieger joins Anthropic as product boss

Artificial intelligence startup Anthropic announced on Wednesday that Instagram co-founder Mike Krieger has joined the company as its chief product officer. In this role, Krieger will be responsible for overseeing product engineering, management, and design efforts, with a focus on expanding the reach of Anthropic’s AI chatbot Claude. Anthropic, backed by major investors like Amazon.com […]

News

Nigeria recorded $282.61m diaspora remittance in Q1 2024

Nigeria recorded $282.61m in diaspora remittance in Q1 2024. Nigeria recorded a total direct foreign exchange remittance of $282.61 million in the first quarter of 2024. The figure shows a decline of $18.96 million or 6.28% when compared to $301.57 million diaspora remittances obtained in Q1 2023, according to the Central Bank of Nigeria data […]

News

NLC rejects FG’s N48,000 minimum wage proposal

Organised labour has rejected the proposed N48,000 by the federal government as minimum wage for public service workers. The federal government’s position was presented to labour at the resumed tripartite committee meeting on Wednesday, May 15, according to the Nation. The Nigeria Labour Congress and Trade Union Congress of Nigeria walked out of the meeting […]

Economy

Nigeria inflation hits 33.69% in April 2024 – NBS

The National Bureau of Statistics has said the headline inflation increased to an all-time high of 33.69 % in April 2024. This was disclosed by NBS’s Consumer Price Index report released on Wednesday. NBS attributed the increase to the high cost of food and non-alcoholic beverages. According to the NBS, food and non-alcoholic beverages contributed […]

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