Microsoft Surpasses Quarterly Estimates, Issues Weak Guidance For The Next Quarter
Shares of Microsoft dropped about 7 percent on Tuesday after the Big Tech company reported its fiscal first-quarter earnings report....
Mobile Bank Transfers In Nigeria Hit N12.8 Trillion Between January and September – NIBSS
According to data from the Nigeria Inter-Bank Settlement System (NIBSS) between January and September this year, Nigerians transferred a total...
Madica, An Africa-focused Program That’ll Invest In Startups’ Pre-seed Stages Has Been Launched By Flourish Ventures
The funding need of startups have improved over the years and Africa now stands boldly among other regions. In fact,...
Snap Reports Disappointing Third-quarter Results, Shares Plunge 25 Percent
Snap saw its shares tumble by 25 percent in Thursday’s extended trading after the company reported disappointing third-quarter earnings results....
4G Coverage In Nigeria Now Stands At 77.52 Percent From 23 Percent – Vice President Yemi Osibajo
Nigeria's Vice President, Yemi Osinbajo While speaking at the 3rd Minsteral Performance Review Retreat held on Tuesday, the 18th of...
Nigeria’s Bumpa Gets $4 Million In Seed Funding Round Led By The World’s Largest Black-led Fund Base10 Partners
Bumpa, formerly known as Scalescabal, provides an opportunity for merchants to take advantage of technology tools to promote their businesses....
Egyptian Food And Grocery B2B e-Commerce Startup MaxAB Raises $40 Million In Pre-Series B Funding
MaxAB is a Business-To-Business (B2B) platform that is targeted at retailers. MaxAB started in 2018 and was founded by the...
With A New Funding Of $3 Million From eFinance, Egypt’s Nexta Wants To Disrupt The Country’s Fintech Space
Egypt’s Nexta, a startup looking to disrupt the fintech space in Egypt has secured an investment of $3 million from...
Eswatini Joins The List Of African Countries Exploring The Viability Of CBDCs
Central Bank Digital Currencies (CBDCs) are slowly but steadily gaining traction with governments across the world. In Africa, a handful...
Netflix Is Back On Its Feet With Q3 Earnings Results That Surpassed Estimates And More Than 2.4 Million New Subscribers
Shares of streaming platform Netflix soared more than 14 percent after Tuesday’s bell after the company issued better-than-expected quarterly results....