NEWS

Famous manufacturer of electric automobiles Tesla falls way below analysts' expectations. The company released its second quarter earnings update, and it's a steep loss. Here's what Tesla reported, versus what analysts expected based on average estimates compiled by Refinitiv: Loss per share...

– New Cameroon tax law requires telcos to pay 200F ($.35) for each app downloaded from phones on their networks. – This only applies to ‘foreign’ apps and is considered an import tax. – Who bears the cost. Customers or Telecos? African...

Interswitch is planning to go public later on in the year. The Nigeria-based payments firm hopes to make a dual listing in London and Nigeria's stock-markets. And JPMorgan Chase & Co., Citigroup Inc. and Standard Bank Group Ltd. standing in as...

Nigerian production studio, ROK film studios from VOD company IROKO TV, has been acquired by French media giant, Canal+ ROK studios is a depot of Nigerian movies with more than 500 movies and 25 TV shows, making it the largest production house...

Today thursday, President Trump is set to host an all exclusive social media summit at the White House with some of his biggest social media supporters and some lawmakers. He tweeted, " The White House will be hosting a...

OLX, a fast-growing online classifieds marketplace, has been acquired by jiji, another fast- growing online classifieds marketplace. OLX Nigeria, OLX Ghana, OLX Kenya, OLX Tanzania, and OLX Uganda, were all involved in the acquisition. Following the deal, OLX users in Nigeria,...

If you have been following through the US ban on Huawei story and all the ordeals Huawei have had to go through since the ban, it would interest you to know that Huawei has been reprieved of its ban. US...

Apple's star designer Jonathan Ive has announced he will be leaving Apple to start his own firm "LoveForm", later this year. Ive's departure is "to form an independent design company which will count Apple amongst it's primary clients," Apple said...

Nigeria's telecoms giant MTN has launched its optimized fourth generation Network (4G+) in Lagos, Abuja, Port-Harcourt to provide upgraded service to its customers. MTN 4G+ runs on 4G LTE Advanced Technology using a combination of the recently acquired 800 MHz...

Today Facebook announced it's Cryptocurrency called Libra. The name was inspired by Roman weight measurements, the astrological sign for justice and the French word for freedom, said David Marcus, a former PayPal executive who is heading up the project. "Freedom,...