Author: Staff Writer

Turkey has imposed an advertising ban on social media platforms Twitter, Pinterest and Periscope for failing to comply with a controversial new law that requires social media platforms to appoint legal representatives in the country. The new law was enforced to ensure the representatives deal with complaints about content on…

Telecoms giant, Orange, has announced the spinoff of its VC arm, Orange Ventures, into a separate entity and allocated 350 million euros for tis takeoff to make it more agile and competitive in seeking out and supporting the best start-up talent worldwide. Orange Ventures invests in high-growth sectors, in areas…

There is no doubt that the COVID-19 pandemic has presented a range of challenges to businesses, and digital marketing is no exception. Many companies have struggled to know how to communicate with their customers during the crisis, and whether they should be marketing their products at all at the moment.…

Ardova Plc (AP) an integrated energy company based in Nigeria, has announced that it is in acquisition discussions with Enyo Retail and Supply Limited (“Enyo”). This announcement was made in a statement released by Ardova to the Nigerian Stock Exchange. Enyo, established in 2017 and owned majorly by Folawiyo Energy,…

Heirs Holdings  in partnership with affiliated company Transnational Corporation of Nigeria Plc has announced the acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings and Transcorp), from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and…

I am sure Moxie Marlinspike, CEO of Signal could not have predicted the surge in new users as people are leaving WhatsApp in droves due its anticipated change in its privacy policy. Good as it may, the company is trying to cope with this increase but it suffered a global…

Chinese search giant, Baidu, has announced its entrance into the electric car production race with the establishment of a smart car company, named Baidu Automobile Company. It has enlisted the services of Geely Auto Group, a leading automobile manufacturer based in Hangzhou, China as a strategic partner in the new company.…

Tech giant, Samsung unveiled its latest flagship series – Galaxy S21, Galaxy S21 Plus, and Galaxy S21 Ultra at a Galaxy Unpacked event some days ago. Like the predecessor, the S20 series launched in 2020, the Samsung S21 series consists of three phones: the Samsung Galaxy S21, S21 Plus, and…

Visa and Plaid announced that they have terminated their merger agreement and agreed with the US Department of Justice to dismiss the litigation related to the transaction. Both companies issued a joint announcement in January 2020 of the merger in a $5.3 million deal. The deal was expected to strengthen…

Telegram announced that more than 25 million new users joined the platform in the last 72 hours alone in the wake of WhatsApp decision to change its Privacy policy which integrates data with Facebook platform starting February 8. According to founder and CEO Pavel Durov, Telegram also surpassed 500 million monthly active…

Gro Intelligence, an AI-powered insights company founded in Kenya, announced that it has raised $85 million in Series B funding. The round was co-led by Intel Capital, Africa Internet Ventures (a strategic partnership between TPG Growth and EchoVC), and the family offices of Ronald Lauder and Eric Zinterhofer. They were…

Ken Njoroge, one of the co-founders and CEO of Cellulant, a pan-african payments company has announced that he would be leaving the company in 2021. He made this announcement via a blogpost last week. In his own words, he said, “After 18 years of running Cellulant, I have decided that…

It is an undisputed fact that most internet users have heard of the word “cryptocurrency or bitcoin”. The first cryptocurrency was launched far back in 2009 (bitcoin) by an unknown person or group of persons called Satoshi Nakamoto. Cryptocurrency is actually not a new word. This word has been in…

Social media platforms Facebook, Twitter and Instagram, have locked out the US President, Donald Trump out of his account due to his incendiary comments concerning the US Capitol storming by supporting rioters to block Biden’s win. Early in the day, Trump supporters stormed the the United States Capitol, the meeting…

A free tool that will help farmers and pastoralists across Africa to predict and control locust behaviour has been launched. Kuzi—the Swahili name for the wattled starling, a bird renowned for eating locusts—is an AI-powered tool that generates a real-time heatmap of locusts across Africa, shows all potential migration routes,…

On Tuesday, US President Donald Trump issued an executive order banning eight Chinese related apps including Alipay owned by Chinese billionaire Jack Ma’s Ant Group and Wechat Pay, QQ Wallet owned by Chinese tech giant Tencent Holdings Ltd. The affected apps are Alipay, CamScanner, QQ Wallet, SHAREit, Tencent QQ, VMate,…

If you run a business, it’s likely that someone will have mentioned SEO investment to you at some point. But what exactly is SEO, and how can it benefit your company? SEO stands for Search Engine Optimization, and involves numerous techniques that will help your business to appear further up…

Chinedu Okeke has been named Managing Director, Universal Music Nigeria. He will lead the development and expansion of Universal Music Group’s existing operations within Nigeria, and further English-speaking markets in West Africa. This is part of the strategic appointments recently made by the entertainment company to support and grow Africa’s domestic music ecosystems, while also creating…

Mrs Nneka Onyeali-Ikpe has assumed her role as the new Fidelity Bank CEO, taking over from Mr Nnamdi Okonkwo who retired in 2020. She becomes the first female executive to lead the bank. Mrs. Onyeali-Ikpe was appointed to the Board of Fidelity Bank in 2015 as an Executive Director and…

Tesla, the electric vehicle and clean energy company, revealed that the company produced and delivered half a million vehicles in 2020. The company gave a breakdown of the figures as detailed below: ProductionDeliveriesModel S/X54,80557,039Model 3/Y454,932442,511509,737499,550 This is quite impressive as the company met its desired target despite the Corona virus…