CBN Approves Financial Support for Unity and Providus Banks Merger

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

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

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

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

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 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 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

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 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

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 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

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

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 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 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

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’

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

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 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 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

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