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…
market
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…
Seven currencies greater than the US dollar
One of the most valued currencies in the world, the US dollar is the preferred lender for many nations looking to purchase…
Cameroonian city ranked most expensive in Africa
Living in African cities can be a genuine financial burden these days, owing to the recent increase in inflation. Everything is getting…
Kenya overtakes Nigeria in start-up funding ranking
Alex Omenye Nigeria lost the top position for the most funded startups in Africa to Kenya. This development was contained in an…
Nigeria to start non-physical passport application March 8
Alex Omenye The Federal Government has announced its finalized arrangements to commence full non-physical passport applications and their subsequent delivery to applicants…
Nigerian digital entreprenuers to look out for in 2024
In the dynamic landscape of Nigeria’s digital sphere, a new generation of digital entrepreneurs is emerging as pioneers, shaping the future of…
Why Nigerian billionaires dropped on global billionaires ranking
Nigerian billionaires, Aliko Dangote – President/Chief Executive of the Dangote Group, AbdulSamad Rabiu – BUA Group chairman, and Mike Adenuga – Globacom…
Microsoft removes Problem Steps Recorder from Windows 11
Microsoft has declared its move to remove the Problem Steps Recorder tool from Windows 11. When Microsoft first released Windows 7 in…
LASBCA laments rising attacks on officials
The General Manager of the Lagos State Building Control Agency, Gbolahan Oki, has condemned the recent series of attacks on agency staff.…