MTN plans to sell 575 million shares in Nigerian unit
African telecommunication network MTN is planning to sell shares worth about $241.7million from its Nigerian business. MTN’s plan to sell...
Nigeria Communication Commission meets stakeholders on 5G spectrum auction
The Nigerian Communications Commission says it engage stakeholders this week on the Fifth Generation spectrum auction towards the implementation of...
Nigerians pay N5.7tr for darkness eight years after privatisation
In what most industry players and consumer right groups, yesterday, described as payment for darkness, Nigerians, in the past eight years, have...
Dangote Cement posts N1 trillion revenue in Q3
Dangote Cement Plc has achieved a revenue of ₦1.02 trillion for the nine months ended September 30, 2021. This is...
Microsoft surpasses Apple as the world’s most valuable company after the iPhone maker’s stock slips on earnings miss
Microsoft’s market capitalization overtook Apple’s Friday, with shares of the iPhone maker under pressure after financial results underwhelmed projections set by Wall Street...
DR Congo wants to establish a second national airline in partnership with Ethiopian Airlines
The Democratic Republic of Congo surprisingly wants to establish a second national airline that will be named Air Congo. An announcement...
Egyptian eCommerce startup ShipBlu raises $2.4 million seed funding
Egyptian eCommerce startup, ShipBlu, has raised $2.4 million seed funding. This comes not-too-long after the startup participated in Y Combinator’s...
Uganda imposes $40 mandatory Covid test for air travellers
All passengers arriving in Uganda will be required to pay $40(Sh4,000) for a covid-19 compulsory test as the neighbouring countries...
Only these 5 out of 54 African countries are expected to hit COVID-19 vaccination target – WHO
The World Health Organisation (WHO) in Africa has projected that just five African countries, less than 10% of Africa’s 54...
Elon Musk becomes first man in modern history to be worth over $300 billion
Tesla’s market capitalization has reached more than $1 trillion as a result of strong quarterly earnings and an order for...