CBN Approves Financial Support for Unity and Providus Banks Merger
The Central Bank of Nigeria (CBN) has granted financial support to facilitate the proposed merger between Unity Bank Plc and Providus Bank Limited. This crucial endorsement aims to enhance the
Russians Snap Up New iPhones in Hong Kong Amid Scarcity Back Home
With the release of the iPhone 16, Hong Kong Apple stores have attracted an unexpected influx of Russian shoppers, cash in hand, eager to buy the latest devices at a
China’s EV Boom Threatens Tesla’s Grip on Global Market
The global electric vehicle (EV) industry is witnessing a seismic shift as Chinese manufacturers rapidly gain momentum, challenging Tesla’s long-standing dominance in the sector. Once the unrivaled leader in EV
Former Head of Yeezy-Adidas Innovation Lab Secures $6 Million in Funding to Launch Full-Service Sneaker Production Company
Omar Bailey, the former head of the Yeezy-Adidas Innovation Lab, is gearing up to launch BIPOC-led, L.A.-based footwear prototyping lab and venture studio FCTRY LAb with an initial $6 million
Japanese Hoverbike Start-Up ALI Technologies Files for Bankruptcy
ALI Technologies, a Japanese start-up that aimed to revolutionize urban transport with its futuristic hoverbike, has filed for bankruptcy. The move is part of a strategic relocation plan to California
Binance Faces New US Lawsuit Alleging Support for Terrorist Financing
Binance and its founders - including billionaire Changpeng Zhao - are facing fresh legal trouble in the United States, where a new lawsuit accuses the global crypto giant of enabling
WhatsApp to Introduce Multiple Account Support for iOS Users
WhatsApp is set to roll out a feature allowing iOS users to manage multiple accounts on a single device. According to a report from WABetaInfo, the feature is currently in
Government Planning Youth Vaping Crackdown
Associate Health Minister Ayesha Verrall has revealed that the Ministry of Health is now seeking public feedback on the proposed regulations in response to rising youth vaping rates as reported
Tesla Had a Brutal First Quarter! It Could Get Even Worse
Tesla, led by Elon Musk, is bracing for a challenging quarter following a series of setbacks, signalling a tumultuous period for the electric vehicle giant. Analysts anticipate that Tesla will
Red Bull Secures Majority Stake in Bora-Hansgrohe Cycling Team
In a significant development, energy drinks giant Red Bull has successfully acquired a controlling stake of 51% in the German WorldTour cycling team Bora-Hansgrohe. The acquisition was revealed through a
Mavin Records Seeking Investment or Outright Sale
Mavin Records, one of Nigeria's prominent music labels, is reportedly exploring investment opportunities or considering a complete sale, with major players such as Universal Music Group (UMG), HYBE Corporation, and
PlayStation Marks Far Cry’s 20th Anniversary with Free Downloads, No PS Plus Required
In honour of Far Cry's illustrious 20-year history as one of gaming's premier open-world shooters, PlayStation has unveiled a special campaign offering free digital collectables to players, no PlayStation Plus
Biden Hits Chinese Electric Cars and Solar Cells With Higher Tariffs
In a move aimed at addressing what it perceives as unfair trade practices, the Biden administration has announced an escalation of tariffs on a range of Chinese goods, including electric
Sony Cancels Two PlayStation Live-Service Games, Including a God of War Project
Sony has reportedly cancelled two unannounced PlayStation live-service games, including a God of War title in development at Bluepoint Games and another project by Bend Studio. The decision followed a
Ghana Cedis Named Worst Performing Currency Against the U.S Dollar
Ghana, the second largest cocoa producer in the world, bags the worst-performing currency against its global counterpart, the United States Dollar. Earlier this week, the local currency lost 3.3% of
Disney, Hulu, and Max Launch Discounted Streaming Bundle
BURBANK, CA – Warner Bros. Discovery and Disney have launched a new streaming bundle combining Disney+, Hulu, and Max at a significant discount. This collaboration aims to strengthen their positions
Five Nikola Electric Trucks Catch Fire at Phoenix Headquarters, Company Says ‘Foul Play Suspected’
Nikola, a startup specializing in electric and hydrogen-powered semi trucks, reported in a tweet that several of its trucks were damaged in a fire at its Phoenix, Arizona headquarters. The
Starbucks is Reopening in Shanghai
As the city of Shanghai gradually recovers from its strict COVID restrictions, Starbucks, American multinational chain of coffeehouses and roastery reserves is reopening.The city lifted its 2-month long lockdown barely
Swish Fusion Launches Two Landmark Events to Foster Collaboration Between Western and Indigenous Markets
Swish Fusion, a premier event platform at the forefront of Africa’s media, retail, and tech markets, is set to host two game-changing events aimed at bridging the gap between Western
Apple Introduces Three Windows Apps to Replace iTunes, Signals End of an Era
Apple has officially bid farewell to its iconic iTunes software for Windows, unveiling three separate applications for music, video, and device management. The move signifies the tech giant's ongoing transition
