Naira shortage forces Heineken’s February sales to 15-year low
Heineken NV, world’s second largest brewer, says it had its worst February in 15 years resulting from a biting cash crunch in Nigeria.
Since December...
Meta plans new layoffs — that may affect Nigerian workers
Meta, Mark Zuckerberg’s behemoth, and owners of Facebook, Instagram and WhatsApp, is planning a new round of layoffs that is likely to affect thousands...
Elon Musk’s Tesla cuts prices of U.S. models to drive sales
Tesla has announced a reduction in the prices of two of its electric cars, Model S and Model X, the company's most expensive of...
Corporate Wrap-Up: Seplat down, Dangote Sugar and Transcorp Hotel up
Last week, companies listed in Nigeria reported a mix of fortune as they raced to meet target dates for releasing their financial reports for...
Google announces $4m fund for startups in Africa, Europe
Tech giant, Google, is calling for applications for the third tranche of its Black Founders Fund grant aimed at kick-starting Black-led start-ups in Africa and Europe.
Folarin Aiyegbusi,...