Tag: Finance

Top 10 oldest airports in the world
Aviation

Top 10 oldest airports in the world

Airports have been in existence since the year since the year 1909, ever since, it has been a major mode of transportation all over the world. Here are the top 10 oldest airports in the world: 1. College Park Airport, US This airport located in the city of College Park, Maryland, is the world’s oldest […]

Top 10 biggest airports in Africa
featured

Top 10 biggest airports in Africa

Africa is a vast and diverse continent with variations in infrastructure and economic growth. Africa’s air travel is centered on large hubs such as Johannesburg, South Africa, Nairobi, Kenya, Cairo, Egypt, and Addis Ababa, Ethiopia. These cities’ airports serve as vital connecting hubs for international and domestic flights. Air travel in Africa has grown rapidly […]

Nigeria leads Africa’s booming beauty market — Report
Business

Nigeria leads Africa’s booming beauty market — Report

Nigerians have always stood out when it comes to beauty and personal care. Little wonderĀ the Nigerian market was reported to have importedĀ more than $1.1 billion in cosmetics, fragrances, essential oils, and toiletries. This data comesĀ from a comprehensive study by Beauty West Africa, the organizers of Africa’s largest beauty show event, which took place at the […]

Amazon lays off staff at Audible
News Tech

Amazon lays off staff at Audible

Amazon is cutting off 5% of the personnel at Audible, Business Insider reported on Thursday, citing a message by the president of the audiobook and podcast division. Amazon acquired the audiobook provider Audible in 2008 for around $300 million. The revelation comes as internet giants continue to drastically reduce employment, with several extending their layoffs […]

Kano Disco's $200m funding to benefit 25m Nigerians
Electricity

Kano Disco’s $200m funding to benefit 25m Nigerians

Kano Electricity Distribution CompanyĀ is seekingĀ $200 million in investment to modernize its infrastructure and modify electricity distribution for an estimated 25 million Nigerians. According to Businessday, Kano Electric is partnering with a Mauritius-based firm, BlackAion Capital,Ā to re-capitalize the network and specifically work on the $200 million fundraise for the interconnected mini-grids and embedded generation projects in […]

Nigeria's economy to grow by 0.1% in 2024 — UN
Business News

Nigeria’s economy to grow by 0.1% in 2024 — UN

The United Nations has projected that the Nigerian economic growth to rise from 3.0% in 2023 to 3.1% in 2024. However, there are certain things that depend on the growth. The UN research indicates that Nigeria’s GDP may grow in 2024 as a result of its aggressive stance against climate change and internal oil refining. […]

Google unveils AI-powered educational tools
News Tech

Google removes underused features from AI Assistant

In order to concentrate on “quality and reliability,” Google is eliminating 17 “underutilized” features from Google Assistant, the company said on Thursday. A message that a feature will no longer be accessible after a specific date will be sent to users who request one of the functionalities that are being deleted starting on January 26. […]

WhatsApp launches sticker maker for iOS
News Tech

WhatsApp launches sticker maker for iOS

WhatsApp on Thursday launched a new iOS feature that will allow users to design, modify, and share their own stickers. You may create custom stickers or convert your own photographs into stickers with this new function. WhatsApp’s editing features, which include text, sketching, and the ability to overlay other stickers, may be used to customize […]

Microsoft plans for collaboration with AI agents
News Tech

Microsoft to store data of EU users in cloud

Microsoft announced on Thursday that its cloud customers in the European Union will be allowed to process and store all personal data in the area. Prior to this, Microsoft has permitted certain data processing in the area. As a result of the recent change, it would now additionally contain information from automatically generated system logs […]

US SEC approves ETFs to track Bitcoin
Crypto News

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 and investor advocates over the products’ hazards, the Securities and Exchange Commission said it had accepted 11 applications, including those from BlackRock, Ark Investments/21Shares, Fidelity, Invesco, and VanEck. According to issuers, the majority […]

FBNQuest announce retirement of its MD, DMD
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 Deputy Managing Director of its subsidiary, FBNQuest Merchant Bank Limited. The Times reported that theĀ Group stated in a notice to the Nigerian Exchange Limited and the investing publicĀ that the retirement follows the successful […]

Google signs $3bn US hydropower deal amid AI energy race
News Tech

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 are impacted include the Devices and Services PA team, which oversees Pixel, Nest, and Fitbit hardware, and the voice-activated Google Assistant, which is a part of the knowledge and information product team restructure. […]