US SEC approves ETFs to track Bitcoin
The United States Securities Exchange Commission on Wednesday approved the first U.S.-listed exchange-traded funds to track Bitcoin. Notwithstanding warnings from several authorities…
Business
FBNQuest announce retirement of its MD, DMD
The board of directors of FBN Holdings Plc has announced the departure of Kayode Akinkugbe as Managing Director and Taiwo Okeowo as…
CBN appoints new CEOs, MD for Union, Keystone, others
Following the Wednesday dissolution of the former board members, the Central Bank of Nigeria has appointed new board members for Union Bank,…
Kia, Uber partner to produce modular electric vehicles
Kia has reached a contract with Uber to develop its recently disclosed modular electric cars for ride-hailing at the Consumer Electronics Show…
Google lays off engineering workers
Google on Wednesday announced the layoff of hundreds of workers from a variety of departments, including services and engineering. The divisions that…
Amazon Prime Video lays off workers
Days after Twitch laid off workers, Amazon is cutting back on Prime Video and MGM Studios, laying off “several hundreds” of workers,…
Uganda to destroy $7.3m worth of expired Covid vaccines
An audit report has revealed that Covid vaccinations worth 28.1 billion Ugandan shillings ($7.3 million; £5.8 million) are due to be withdrawn from health…
Mobile users spent $171bn on apps in 2023 – Report
Mobile users worldwide spent $171 billion in China through third-party Android app shops, Google Play, and the App Store in 2023. This…
Optimera Energy establishes gas facilities in Lagos Free Zone
Optimera Energy LFZ Enterprise has begun development of infrastructure at the Lagos Free Zone to supply natural gas to zone businesses. According…
Chevron Nigeria appoints new chairman
Chevron Nigeria Limited has a new Chairman and Managing Director, Jim Swartz. This was announced in a statement on Wednesday by General…
NGX reports first loss of N638bn in new year
The Nigerian Exchange Limited’s market capitalization fell for the first time in the new year. The market’s eight-day surge came to an…
Top ten most powerful passports in the world
Passports provide a gateway for destinations. With 2024 underway, the Henley Passport Index sheds light on the major participants in the international…