Facebook-parent Meta will become the latest tech firm to scale back its workforce, with plans to layoff thousands of employees this week, US media reported Sunday. The Wall Street Journal, …
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- AmazonBusinessGlobal NewsSpotlightTechnology
- Banking, Finance & InvestmentBusinessEconomyNigeria
Sterling Bank Nigeria plc grows Q3 profit by 41.52%
Sterling Bank Nigeria Plc said it recorded 41.52 per cent growth in its profit after tax in nine months of 2022, in spite of economic challenges. The Group’s unaudited financial …
- AviationBanking, Finance & InvestmentEconomyNigeriaTransportation & Logisitics
Emirates suspends flights to Nigeria over the inability to repatriate $85 million in it’s revenue
Emirates Airlines says it has suspended flights to Nigeria. It said the measure started on October 29 and blamed its inability to repatriate its revenue from the country. The airline …
- BusinessGlobal NewsInformation & TechnologySpotlightTechnology
Elon Musk new management style leaves employees in disarray
There are reports surrounding possibilities of employees layoffs by twitters’ new owner Elon Musk. According to an employee who had the opportunity to view their new bosses google calendar on …
- BusinessEconomyManufacturingMorocco
Chariot,UM6P and Oort energy partner to launch Green Hydrogen Pilot Projects in Morocco
Morocco’s Mohammed VI Polytechnic University (UM6P) has partnered with energy-focused Chariot and manufacturer of green hydrogen systems Oort Energy to launch green hydrogen pilot projects in Morocco. The projects are …
- Banking, Finance & InvestmentNigeriaWestern Africa
What You Should Know About Nigeria’s New Naira Notes
The Central Bank of Nigeria on the 26th of October, 2022 announced its intentions of redesigning Naira notes consisting of the ₦200,₦500 and ₦1,000 respectively An announcement which was made …
- BusinessMarketsMoroccoUncategorized
Alterian Announces Discovery of High-Grade Copper and Silver in Morocco
London-based mining company Alterian has announced the discovery of “high-grade copper and silver” in its recently-acquired Azrar Project located in the western Anti-Atlas Mountains. Samples from the project site, formerly …
- BusinessMobile Telecommunications Network (MTN)Southern AfricaTelecommunications
MTN South Africa releases update on service revenue
MTN South Africa has published its quarterly trading update for the three months ended September 2022, revealing that service revenue grew by just 2.2% year-on-year in South Africa. For the third …
- BusinessMarketsMobile Telecommunications Network (MTN)South Africa
MTN South Africa revenue grow by 2.2% yearly and hit by Cell C rescue and load-shedding
MTN has published its quarterly trading update for the three months ended September 2022, revealing that service revenue grew by just 2.2% year-on-year in South Africa. For the third quarter of 2022 …
- BusinessEnergySouthern AfricaTechnology
Eskom addresses R50 billion debt the South African government owes
South Africa has established a multi-disciplinary revenue committee to address municipal and government debt to Eskom which currently sits at around R50 billion. Eskom is part of the committee, and …