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Nigeria’s inflation rate has shown signs of slowing down in January 2025, following a significant change made by the National Bureau of Statistics (NBS) in how inflation is calculated. This adjustment, known as CPI rebasing, has altered the way various…
X, the social media platform owned by Elon Musk, has more than doubled the price of its Premium+ subscription. This significant price hike closely follows the Grok 3 release, the latest AI model from Musk’s artificial intelligence company, xAI. The…
Maroc Telecom, Morocco’s biggest telecom company, recently released its financial figures, showing a slight decrease in profit, down by 0.4% to $616 million. Despite this minor setback, the company’s overall performance remains strong, with revenue increasing by 1.2% to 36.7…
In South Africa, Cell C, a telecommunications company, has been fined R500k (about $26,000) after losing a dispute over a roaming bill. The issue began when a Cell C customer, Julie Williams, received an unexpectedly high bill of R11,265 (about…
Nigerian Banks Raise $662M in New Capital as Stocks Jump 12.24%. Nigerian banks have recently experienced a significant boost in their stock prices, following a successful capital raise of over ₦1 trillion (approximately $662 million). This surge began on January…
P1 Ventures, a venture capital firm that supports early-stage businesses in Africa, has just announced that it has secured its first institutional fund with a total of $50 million. This exciting news comes as the firm has gained support from…
Digital marketing trends show you what is coming. They show which tools and strategies you can use to remain ahead of the competition and also how companies are coming up with new ways to connect with customers. As marketers, there…
Uzo Oshogwe Transcorp Hotel CEO: Transcorp Hotels Plc has announced the appointment of Mrs. Uzo Oshogwe as its new Managing Director/Chief Executive Officer (MD/CEO), effective January 1, 2025. Currently the MD/CEO of Afriland Properties Ltd, she will bring with her…
Salesforce Closes Deals For Agentforce: Salesforce has achieved a significant milestone by closing over 1,000 paid deals for “Agentforce”. Its innovative platform is designed for creating virtual representatives powered by artificial intelligence, as announced by CEO Marc Benioff to Reuters…
Senate New Insurance Bill: The Nigerian government has ushered in a new change to the insurance system. The Senate, on Tuesday, passed the Nigerian Insurance Industry Reform Bill, 2024. In the capital requirement enshrined in the bill, a person shall…
