Thursday, December 5, 2024

Companies

Norway’s Dolphin Drilling picks $325,000-a-day Nigeria job

Norway-based Dolphin Drilling, a company that drills for oil offshore, has signed a new contract with Peak Petroleum in Nigeria. - Key points to note The...

Seplat ends consultancy with founder and ex-chairman Orjiako

Energy firm Seplat says it has terminated a consultancy agreement with its co-founder, A.B.C Orjiako and his company Amaze Limited, after accusing him of...

Amazon to lay off 9,000 workers

E-commerce giant Amazon says it will lay off 9,000 more staff by the end of April, two months after sacking more than 18,000 workers. -...

Fintech firm Chipper Cash exploring sale after SVB fall

Fintech startup Chipper Cash is said to be considering selling off the company after its experience with the now-fallen American bank, Silicon Valley Bank. The...

Payment giant Stripe raises $6.5bn, slashes valuation by half

American payment processor firm Stripe has raised $6.5 billion in fresh funding and at same time lowered its valuation to $50 billion, the company said on Wednesday. - Key points to note The fresh funds...

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