Ghana’s inflation rate drops to 23.2%
Ghana’s inflation rate fell to 23.2% in December 2023, a considerable decrease from the 26.4% reported in November 2023. According to Bloomberg,…
Business
Humane lays off 4% staff before launch of AI pins
Hardware company, Humane, has declared that it would be laying off 10 workers, or 4% of its total staff. “As we begin…
LIRS sets January 31st deadline for filing tax returns
The Lagos State Internal Revenue Service has set January 31st, 2023 as the deadline for businesses and individuals to file their annual tax…
X removes support for NFT profile images
Microblogging platform X, formerly known as Twitter has quietly removed the feature that allowed users to select NFT as their profile image.…
Elon Musk’s X to launch peer-to-peer payments in 2024
Social media company, X, has plans to launch a peer-to-peer payment system on the platform this year as part of Elon Musk’s…
Dangote reclaims top spot on Forbes as Africa’s richest man
Forbes Real-Time Billionaires has reported that Nigerian entrepreneur and philanthropist, Aliko Dangote, has restored his title as Africa’s richest person. This is coming after a South African…
Air Peace expands, begins Abidjan, Cotonou flights
One of Nigeria’s leading airlines, Air Peace, is set to start direct connectivity from its Lagos hub to Cotonou in Benin Republic and Abidjan in…
Boeing takes responsibility for aircraft mid-flight door blowout
The Chief Executive Officer of Boeing has taken responsibility for an aircraft manufacture fault following a door blow-out on one of its…
Apple removes Binance, crypto apps from India App store
Alex Omenye Apple have removed at least nine cryptocurrency exchanges’ applications, including those from Binance and Kraken from the Indian App Store.…
Amazon’s Twitch to lay off 500 employees
Amazon.com Inc.’s live streaming network, Twitch, is apparently planning a large personnel reduction, with around 35% of its workers, or approximately 500 employees,…
Seedstars Africa raises $30m to fund African startups
The European Investment Bank’s subsidiary, EIB Global, has committed $30 million in finance to Seedstars Africa Ventures. Following a $8 million investment,…
Naira falls at black market despite CBN’s FX backlog clearance
The value of the naira declined considerably on Tuesday on the P2P and physical black markets, notwithstanding the infusion of foreign exchange…