Author: Staff Writer

Facebook has announced the rollout of a feature which enables anyone to share live video. The Mark Zuckerberg led company started testing this feature in December 2015 and it commented that it was inspiring to see all the ways that people have used Live to connect with their friends and family.…

Mark Zuckerberg became the sixth-richest person on Earth today. This was due to the rise in the shares of Facebook after it delivered a fantastic result of its last quarter revenue. The Facebook founder’s fortune rose by $6.2 billion in trading on Thursday (today), making the 31 year old worth…

Africa’s fastest growing technology company, Interswitch Transnational has announced the launch of an innovative new solution for setting card transaction permissions and controlling transaction types and amounts. Known as ‘Transaction Control’, this revolutionary solution from Interswitch is a card based anti-fraud solution that automatically locks down a bank’s issued cards…

Scott Galloway, who is a professor of Marketing and Brand Strategy at the NYU Stern School of Business, discusses “The Gang of Four” (Google, Facebook, Apple, and Amazon), their victims, and the strategies that led them onto a path to a trillion dollar market cap. This took place last week…

All Oprah Winfrey had to do was tweet about eating bread and losing weight. By this act, she gained $12.5million on Weight Watchers stock. How did it happen? She tweeted about a new Weight Watchers ad where she said she lost the weight despite eating bread every day. And up and…

Pan-African business support platform for startups, Starta, will give up to N200,000 ($1,000) worth of business support to early-stage startups and entrepreneurs at its first Starta Entrepreneur Competition. The support will cover legal support, accounting, printing and web development services. The startup support platform is doing this in partnership with…

Apple on Tuesday announced financial results for its fiscal 2016 first quarter ended December 26, 2015. The Company posted record quarterly revenue of $75.9 billion and record quarterly net income of $18.4 billion, or $3.28 per diluted share. These results compare to revenue of $74.6 billion and net income of $18…

Letshego Holdings Limited (“Letshego”), a financial inclusion focused group with consumer, micro lending and deposit-taking subsidiaries across Southern and East Africa, has announced its acquisition of 100% shares in FBN Microfinance Bank (FBN MFB) from its parent, FBN Holdings plc. FBN Holdings plc is the oldest banking group in Nigeria,…

It is no secret that Nigerians love their cars. The average Nigerian is very informed about cars and has a conscious familiarity with car brands, models and specifications. Debating about the perfect car is a favourite pastime amongst youngsters and car lovers. Lola Masha, Country Manager, OLX added that in…

It was Mark Zuckerberg’s first day at the office yesterday after his paternity leave and he posted a picture of his wardrobe on his Facebook page apparently thinking of what to wear. Of course, as you would imagine, it was not as creative as Facebook. Here is a man who…

Google celebrates John Logie Baird, the man who invented the mechanical TV (known then as the Televisor) , the precursor to TV as who know it today. John Logie Baird (14 August 1888 – 14 June 1946) was a Scottish engineer, innovator, one of the inventors of the mechanical television, demonstrating the first…

Jason Njoku’s iROKO has announced raising $19m in content development and in capital funding, through multiple deals. According to the African mobile entertainment and internet TV pioneer, French media giant CANAL+, together with existing investor Kinnevik AB, are investing in addition to iROKO’s own cash flow to give the leading African tech & entertainment company the…

Huawei recently introduced its two latest flagship devices; the Mate 8 smartphone and M2 tablet into the Africa and the Middle East market at the Madinat Jumeirah Dubai, UAE. The new flagship devices feature the world’s most advanced smartphone and tablet technology ever: a new benchmark of amazing performance, efficiency and…

Self-employment once considered vaguely disreputable, a term frequently mumbled under one’s breathe and struggled to explain to friends and family has become the largest growing sector in the Nigerian workforce. It has come a long way from the concept of working in pajamas at home to securing small, mid-size or…

Have you seen the Chicken Republic’s ad about Olisa Metuh? What precipitated the publication of the ad? Read on. Olisa Metuh is the National Publicity Secretary of the People’s Democratic Party of Nigeria. Recently, the Economic and Financial Crimes Commission (EFCC) arrested him for allegedly collecting about N400m from the office…

Seedstars World is coming back to Casablanca, Morocco bigger and better than ever before! On the 30th of  January, StartupYourLife, one of the leading ecosystem players in Morocco, is hosting the first edition of Seedstars Africa to build bridges between African ecosystems and connect them to the world! The flagship event…

In preparations for the 2016 ABL season scheduled to tip off on Friday, March 4 2016, The Stallions have signed on three players who have played in different leagues across the globe. The players are Kelechi Anuna, Hassan Adams and Akintunde Moses. Kelechi has played for the Nigeria National team and with…

It has been revealed that Google is paying Apple a huge amount to be the search engine on the iPhone. The revelation came to light in an unrelated case in court – a transcript of court proceedings from Oracle Corp.’s copyright lawsuit against Google. An attorney for Oracle said at a Jan.…

Rodrigo Bijou is a Security Consultant with Park Vale Capital Limited. He regularly writes on cyber-security issues, with publications in IHS Jane’s Intelligence Review and the Harvard Law Review. Here is one of his recent Ted Talk about the fact that governments do not understand Cyber Warfare. He adds that hackers…

The Dangote Foundation and Bill & Melinda Gates Foundation announced a combined commitment of $100 million over the next five years (2016-2020) towards ending undernutrition in Nigeria. This commitment is expected to improve the lives of at least five million families by 2020 and was announced by Alhaji Aliko Dangote…