Mobile users spent $171bn on apps in 2023 – Report
Mobile users worldwide spent $171 billion in China through third-party Android app shops, Google Play, and the App Store in 2023. This…
Nigeria
Optimera Energy establishes gas facilities in Lagos Free Zone
Optimera Energy LFZ Enterprise has begun development of infrastructure at the Lagos Free Zone to supply natural gas to zone businesses. According…
Chevron Nigeria appoints new chairman
Chevron Nigeria Limited has a new Chairman and Managing Director, Jim Swartz. This was announced in a statement on Wednesday by General…
NGX reports first loss of N638bn in new year
The Nigerian Exchange Limited’s market capitalization fell for the first time in the new year. The market’s eight-day surge came to an…
Top ten most powerful passports in the world
Passports provide a gateway for destinations. With 2024 underway, the Henley Passport Index sheds light on the major participants in the international…
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,…
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…