Stripe to lay off 300 employees despite plans for headcount growth
Fintech giant,Stripe, is laying off 300 employees, according to a leaked internal memo reported on Tuesday by Business Insider. The job cuts…
News
Meta courts TikTok creators with cash bonuses, deals
Meta has launched an aggressive campaign to attract TikTok creators to its platforms, offering financial incentives, content deals, and tools to grow…
TikTok still unavailable in US despite Trump intervention
TikTok remained inaccessible on Apple and Google app stores in the United States on Tuesday, a day after President Donald Trump signed…
Nvidia surpasses Apple again, becomes world’s most valuable company
Nvidia’s stock surge has propelled it to surpass Apple in market value, making it the most valuable publicly-traded company globally once again.…
MTN Nigeria’s share price soars after telecom tariff hike
MTN Nigeria’s share price surged by 9.87% on Tuesday, closing at ₦256, following regulatory approval of a 50% increase in telecom tariffs.…
SERAP demands reversal of 50% tariff hike, threatens court action
The Socio-Economic Rights and Accountability Project has given the Federal Government and telecommunications companies, a 48-hour ultimatum to reverse the recent 50%…
Globacom CEO resigns after one month amid organizational challenges
Ahmad Farroukh, appointed CEO of Nigerian telecom giant Globacom in October 2024, has resigned after just one month in the role, multiple…
Meta to maintain fact-checking outside US
Meta, the parent company of Facebook and Instagram, announced plans to retain its fact-checking program outside the United States, though it may…
XEJet begins Abuja MRO facility, flight support center construction
XEJet, a local airline, has officially begun constructing its Maintenance, Repair, and Overhaul Flight Support, and Engineering Center at the Nnamdi Azikiwe…
NATCOMS to challenge NCC’s 50% telecom tariff hike
The National Association of Telecommunications Subscribers has announced its intention to challenge the Federal Government’s approval of a 50% tariff increase for…
Trump overturns Biden’s 50% EV target, freezes funds
United States President, Donald Trump, on Monday reversed a 2021 executive order issued by his predecessor, Joe Biden, which set a goal…
Trump withdraws US from global corporate tax agreement
President Donald Trump on Monday issued a memorandum declaring that the global corporate minimum tax agreement, negotiated by the Biden administration with…