PayPal has appointed Srini Venkatesan, a top tech executive from Walmart, as its new Chief Technology Officer to spearhead the company’s foray into artificial intelligence. Venkatesan’s...
Nigerian fintech company, Carbon, has announced the shutdown of its debit card operations in Nigeria, just two years after the service was launched. This decision was...
Electric vehicle startup Fisker, which sought Chapter 11 protection earlier this week, said its U.S. units had also filed for bankruptcy in a court in Delaware...
The Lagos State Government (LASG) has finalized plans to create a dedicated Aviation Unit within the Lagos State Ministry of Transportation. This initiative is a key...
The United Nations World Food Program (WFP) has partnered with the governments of Nigeria and other African countries to launch this year’s food assistance program for...
Ferrari’s debut into the electric vehicle market is set to make waves with a starting price of at least 500,000 euros ($535,000), according to a source...
The Nigeria Export Processing Zones Authority (NEPZA) has stated it will offer startups and foreign businesses operating in free trade zones tax breaks, customs duties waiver...
Musa Saliu A businessman has sued the Deputy Inspector-General of Police and others for N500 million, alleging violations of his fundamental human rights. The suit, filed...
Tesla sued its former supplier Matthews International in California federal court for allegedly stealing trade secrets related to Tesla’s battery-manufacturing process and sharing them with the electric-vehicle...
Dangote Sugar Refinery plc one of Dangote Subsidiary announced the successful issuance of its N42.79 billion Series 4 and 5 commercial papers, issued at 23% and 25%...