Category: News

South Africa’s Telkom under pressure as shares plummets

South African company, Telkom is facing pressure on its profit margins as its share price...

Paystack gets payment service license in Kenya

Paystack has joined the group of service providers who have received a license to conduct...

Toyota unveils new all-electric SUV model

Automotive Manufacturer, Toyota, has unveiled a new all-electric SUV model. According to Techcrunch, the newly...

UK inflation hits 41-year high

British inflation has accelerated to the highest level for 41 years, driven by soaring energy,...

Amazon to lay off 10,000 workers

The world’s largest online retailer, Amazon, is expected to lay off 10,000 of its employees....

Black market: Naira falls by 17.6% in four days

The Nigerian naira’s value has decreased against the US dollar, closing at N780/$1 just dollat...

Binance halts FTX acquisition deal

Binance has announced that it would not proceed with the plan of acquiring FTX. Recall...

Anambra residents decry Soludo’s tax scheme

The governor of Anambra State, Prof. Chukwuma Soludo, has once more become the subject of...

Subsidy removal: Petrol may hit N410 per litre – NNPC

The Group Managing Director, Nigerian National Petroleum Company Limited, Mele Kyari, has disclosed that without...

Nigeria’s debt hits N42.84tn in Q2 – NBS

Nigeria’s public debt stock increased from N35.46 trillion (86.57 billion dollars) in the second quarter...

Musk sells $3.9bn Tesla shares after Twitter deal

Tesla boss and new Twitter CEO, Elon Musk, has sold another 19.5 million shares of...

Petroleum marketers demand access to forex

The Depots, and Petroleum Products Marketers Association of Nigeria on Tuesday asked the Federal Government...