Naira falls to 1300/$ at parallel market
The naira fell to N1,300/$ on the parallel market on Tuesday. As confirmed with the Bureau de Change operators, this comes after…
Nigeria
Google lays off hundreds from sales team
Google on Tuesday announced that the company is letting go of hundreds of staff in its advertising sales team. The layoff of…
OpenAI focus on democratic processes for AI softwares
The artificial intelligence lab OpenAI said that it is assembling a new team to establish democratic methods to determine how its AI…
Top female MDs, CEOs in Nigerian banks
Nigeria’s financial sector is undergoing a revolutionary change, and nine remarkable women are driving this change. Olayemi Cardoso, the governor of the…
How IRS will tax Bitcoin ETFs
With only one share, investors may get exposure to a wide range of assets and industries thanks to exchange-traded funds also known…
Binance opens crypto trading in Thailand
Alex Omenye Binance said on Tuesday that it has made its bitcoin exchange available for trade in Thailand. According to a release,…
Ikea to cut prices this year due to deflation – CEO
Ikea has stated ahead of the World Economic Forum’s annual conference that it will keep to planned price cuts despite Red Sea shipping interruptions…
Shell to sell Nigerian onshore oil assets for $1.3bn
Shell Plc has agreed to sell its Nigerian onshore oil assets to a local partnership for more than $1.3 billion, subject to…
Apple to halt blood oxygen feature on smartwatches
Apple has decided to remove the blood oxygen feature from smartwatches in order to avoid an import prohibition. This is coming after…
UK expands work visa sponsors for Nigerians
The UK updated the list of organizations eligible to sponsor work visas for Nigerians in 2024 on January 12, 2024. These businesses…
Microsoft partners Vodafone to provide cloud services
In order to provide generative AI, digital, enterprise, and cloud services to over 300 million organizations and consumers throughout its European and…
Microsoft launches paid Copilot subscription plan
Microsoft on Tuesday said its lowering the eligibility restrictions for enterprise-level Copilot solutions and introducing a subscription plan targeted at consumers. For…