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Markets
MAX.ng Plans $100m Capital Raise to Deploy EVs Across Africa
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Metro Africa Xpress Inc. or MAX.ng, -a Nigerian vehicle subscription startup, plans to raise $100 million to deploy electric vehicles (EVs) in 10 African...
Nigerians Embrace Konga Yakata Black Friday Deals
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Amid the global economic downturn and difficulties in the local economy, Nigerians have turned to Konga Yakata as a fitting avenue to shop at...
Elon Musk says Twitter to Provide ‘Amnesty’ to Some Suspended Accounts Starting Next Week
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Elon Musk said on Thursday that Twitter will provide a “general amnesty” to suspended accounts starting next week after running a poll on whether...
Nigerian Crypto Exchange Quidax Lays Off 20% of its Workforce
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Nigerian crypto startup Quidax has laid off 20% or 20 of its just over 100-strong staff, according to a company statement.
The startup’s confirmed that this...
Nigeria’s GDP Slows to 2.25% in Q3 as Inflation Soars and Oil Output Falls
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Nigeria's economic growth slowed in the third quarter (Q3) ending September 2023, from a year earlier, the statistics office said on Thursday, due to...
U.S Issues ‘No-Interview Visa Renewals’ for Nigerian Students
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The United States of America has stated that there will not be an interview for Nigerian students who sought to renew their visa.
This exemption...
German Gas Giant Seeks $53 billion Bailout – Reuters
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Berlin will have to come up with an extra €25 billion ($25.8 billion) to bail out the country’s largest gas importer Uniper, Reuters reported...
US says NATO Ally Türkiye ‘Directly Threatened’ American Troops
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The US military has said recent Turkish airstrikes in Syria “threatened the safety” of American soldiers still in the country, and claimed that further escalations could compromise efforts...
Elon Musk Finds #StayWoke T-shirts at Twitter HQ
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Elon Musk, continuing his overhaul of Twitter, said Tuesday he had stumbled upon a closet full of "#StayWoke" t-shirts at the company’s headquarters.
In a Twitter...
Anwar Ibrahim Makes History as Tenth Malaysian Prime Minister
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Long-time Malaysian statesman Anwar Ibrahim is the country’s new prime minister after the Southeast Asian nation’s palace made the announcement on Thursday ending a...