Google picks five Nigerian startups for Africa accelerator program
Five Nigerian startups have been chosen by tech giant, Google to be a part of the eighth cohort of the Google for…
News
MTN Nigeria shuts offices nationwide over sim blockage backlash
Nigeria’s telecom giant, MTN has closed all of its stores and service centers in Nigeria. This follows the network provider’s recent line-barring…
Cost of cooking Jollof rice rises by 19.6%
The cost of preparing a pot of jollof rice has surged by 19.6% from March to June 2024, according to the latest…
Ethiopia secures $3.4bn IMF loan after currency float
Ethiopia has obtained a $3.4 billion loan from the International Monetary Fund, marking a significant step in its economic reform efforts aimed…
WhatsApp, Meta challenge $220m FCCPC penalty
WhatsApp and its parent company, Meta Platforms Incorporated, have formally contested the Federal Competition and Consumer Protection Commission order imposing a $220…
Zenith Bank to acquire N290bn fresh capital
Zenith Bank Plc has finalised its intentions to raise around N290 billion in new capital, which is more than the N230 billion…
Spare parts dealers association shuns hunger protest
Members of the Auto Spare Parts and Machinery Dealers Association, Trade Fair Complex, Lagos, have distanced themselves from the hunger protest from…
Access Bank revamps ‘QuickBucks’ digital loan platform
Access Bank has strengthened its digital loan platform ’QuickBucks’, to promote lending to its consumers. This was disclosed in a statement by…
SEC endorses extension of Fidelity Bank public offer
The Securities and Exchange Commission has approved a 14-day extension for the combined offer of Fidelity Bank, which was originally set to…
FG eyes $500m loan from W’Bank to boost dam safety
The Federal Government has applied for a $500 million loan from the World Bank to strengthen water resource management throughout the federation…
Malta launches initiative to address labor shortages
Malta is grappling with labor shortages in 20 key occupations, according to the 2023 EURES report on workforce gaps. In response, the…
Cooking gas prices drop in June, yearly costs remain high – NBS
The average price of a 5kg cylinder of cooking gas fell by 6.10% in June 2024, marking the largest decrease in the…