Forbes: African billionaires’ combined wealth hits $82.4bn
Forbes estimates that Africa’s wealthiest individuals have a combined net worth of $82.4 billion, and the return of Nigerian billionaire investor Femi…
Business
Apple to pay artists for spatial versions
Alex Omenye Apple has disclosed it will pay additional royalties starting this month to artists to have a spatial audio version on…
Equity market maintains positive trend with N673bn gain
The equity market continued to rise on Monday, with investors gaining N673 billion. The PUNCH reported that the All-Share Index and the exchange’s market…
Bricklinks Africa’s revenue falls by 9%
Internet Service Provider, Bricklinks Africa, has reported a 9.82 per cent revenue decline for the fiscal year ending December 2023. The PUNCH reported…
FG approves new organizational structure for FIRS
The Federal Government has authorized a new organizational structure for the Federal Inland Revenue Service to improve operations. The agency announced this…
Dangote fuel will be sold in naira not dollars – IPMAN
Juliet Buna Oil marketers clarified on Monday that the refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold…
Mozilla accuses Google, Apple, Microsoft of blocking users
Software company, Mozilla, has accused Apple, Google, and Microsoft of using their control over hardware and operating systems to force more people…
Alphabet’s X lab lays off staff
Alphabet’s division dedicated to developing new technologies is letting go of dozens of employees, Bloomberg News reported on Monday. X Lab is…
Dangote cement hits historic N10trn market capitalization
Dangote Cement’s market capitalization surpassed N10 trillion at the conclusion of trade on Monday, making it the first business to reach that…
10 states with highest cooking gas price
The average cost of a 5kg cooking gas cylinder saw a national increase of 8.70%, rising from N4,565.56 in December 2022 to…
Kenya, Egypt, Nigeria top Africa’s investment destination list – Report
Africa’s investment landscape is shaping up to be a captivating story of growth and expansion, with Kenya, Egypt, Nigeria, and South Africa…
Cameroon launches malaria vaccination program to combat disease
Cameroon has initiated a malaria vaccination program to assist alleviate the load on the country’s health-care system. With the vaccination program starting…