Business

Femi Otedola, a billionaire businessman, has received praise from Tony Elumelu, group chairman of Transnational Corporation Plc (Transcorp), for acquiring a sizeable share in the conglomerate. Otedola recently increased his ownership…

Several stories surfaced this week stating that Zagadat Capital, the investment company run by Nigerian businessman and musician Ajibade Oluwatosin, better known by his stage as Mr Eazi, had obtained a windfall as a result of the sale…

MultiChoice Nigeria, on Tuesday, announced an increase in the cost of its DStv and GOtv bundles. The new tariffs will start on May 1, 2023, according to a text message sent to consumers sighted by MDB. The pay-TV company…

The absence of cross-device texting has always been a hindrance for WhatsApp. The option to send and receive synchronised messages across various devices is now being rolled out by the messaging app. There has been much speculation…

Prosperity for the continent was a key component of the crypto promise for Africa. That assurance was kept. The peer-to-peer lending marketplace Paxful asserted that its research revealed that by 2021, Africa was leading "global…

Celebrities and owners of high-profile Twitter accounts have insisted they will not pay for the blue verified check marks that have reappeared on their profiles. Many public figures have distanced themselves from verification on…

The fact that the platform is now alerting all advertisers that they must sign up to either Twitter Blue or Verification for Organisations in order to continue running advertisements in the app suggests that Elon Musk will aim to…

A prominent Nigerian skit maker and content creator known by the stage name Sabinus, Emmanuel Chukwuemeka Ejekwu, recently opened up about his riches and assets in an open Q&A on his Instagram page. Inquisitive admirers politely…

One of the few remaining relics from the time before Elon Musk became the owner of Twitter, the legacy blue checkmarks, appear to have been officially retired. The free blue checks Twitter provided to journalists, celebrities, and…

A new round of layoffs has begun at Meta (previously Facebook), and employees with technical expertise are receiving severance messages from all across the world. Several Meta employees posted their ordeal on LinkedIn, claiming they…

In July 2021, Facebook agreed to pay $725 million to settle a class-action lawsuit brought by a group of users who claimed that the social media giant had violated their privacy rights. The lawsuit alleged that Facebook's use of…

Nigerian musician and entrepreneur, Oluwatosin Ajibade popularly known as Mr Eazi, has scored a huge win after his tech startup, VYDIA, got acquired for $1 billion. Vydia waa acquired by Gamma, multi-faceted company led by former…

Twitter chief executive Elon Musk plans to develop a new generative artificial intelligence platform to challenge Microsoft-backed OpenAI’s ChatGPT and Google’s Bard. The platform, which the billionaire calls TruthGPT, would become a…

Elon Musk appears to be advancing his feud with newsletter service Substack by announcing he's turning Twitter into his very own version of the upstart, complete with the ability for users to monetize their followers and offer them…

The National Bureau of Statistics (NBS) said on Saturday that rising food prices was triggered by Nigeria's annual inflation rate to increase for the third consecutive month, to 22.04 percent in March from 21.91 percent the month…