Open Visa Index ranks top 2023 performers
African Visa Openness Index has ranked Benin, The Gambia, Rwanda, Seychelles, and Nigeria as the top five performers for 2023. Based on…
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Nigerian startups owe $415m 10-year debt – Report
Briter Bridges, a research and market intelligence company which focuses on developing nations, has stated that approximately $415 million has been borrowed…
Nigeria’s second-richest man’s wealth drops $2.5bn in 2023
Nigerian billionaire and businessman, Abdulsamad Rabiu, has suffered a significant blow in 2023 with his net worth dropping by $2.5 billion in…
Nigerian startups that shut down in 2023
The year 2023 proved to be turbulent for startups in Nigeria. Naira devaluation, funding scarcity, and the state of the economy all…
333,947 Nigerians filed metering, billing complaints – NERC
Bisola David The Federal Government has stated that power customers filed 333,947 complaints with their various distribution companies during a three-month period…
FTX’s Sam Bankman-Fried will not face second trial – Prosecutors
Sam Bankman-Fried, who was found guilty last month of stealing from clients of his now-bankrupt cryptocurrency exchange FTX, will not face a…
Elon Musk ends 2023 with $92bn profit
Elon Musk ends the year with a whopping $92 billion in year-to-date earnings in 2023, indicating a comeback for the world’s wealthiest…
Six facts about Nigerian Stock Exchange New GMD Temi Popoola
The Nigerian Exchange Group Plc Board of Directors has announced the appointment of Mr. Temi Popoola as GMD/CEO designate, effective January 1,…
Reps proposes bill to ensure timely salary payments
House of Representatives has proposed a bill that would make it unlawful for corporations and businesses in the country to withhold or…
Google to pay $5 billion for monitoring users
Google, a division of Alphabet, has consented to resolve a lawsuit alleging that it surreptitiously monitored the internet activity of millions of…
How to migrate to 5G network
5G is the next-generation wireless communication network that will not just be faster, more dependable, and safer than 4G, but also deliver…
Dangote ranks second best performing Sub-Saharan African company
Dangote Group has emerged as the second-best performing company in Sub-Saharan Africa in 2023. In a report compiled by African Financials, the…