Over the weekend, Jack Dorsey, co-founder and former CEO of Twitter, announced his departure from the board of Bluesky, the decentralized social networking project he initiated in 2019. This came after Jack Dorsey responded to a query on social media regarding his current involvement with Bluesky, simply stating, “no.” Despite numerous follow-up inquiries, Dorsey did not provide […]
The Ikeja Electricity Distribution Company has reduced the electricity tariff payable by its Band A customers to N206.80 per kilowatt-hour from the N225/kWh approved by the Nigerian Electricity Regulatory Commission (NERC). According to the notice, the downward tariff review for Band A customers will be effective from Monday, May 6, 2024. Under the approved review, […]
Vice-President Kashim Shettima who was scheduled to represent President Bola Tinubu at a Summit in Dallas, Texas has aborted the trip following a technical fault with his aircraft. Shettima was to represent the President at the 2024 US-Africa Business Summit organised by the Corporate Council on Africa. Vice-President Kashim Shettima, scheduled to represent President Bola Tinubu at a […]
Daniel Hanna, currently the Global Head of Sustainable Finance at Barclays, is set to join BII’s Board as a Non-Executive Director. At Barclays, Hanna oversees a commitment to mobilize a trillion dollars of sustainable and transition finance. He also serves on the investment committee of Barclays’ Sustainable Impact Capital program, which is allocating £500 million […]
Jumia’s Ex-CEO Ballard Takes the Helm at Twiga Foods E-commerce heavyweight Charles Ballard transitions from Jumia Kenya CEO to lead Twiga Foods. Ballard boasts extensive experience across various leadership roles at Jumia Kenya. Prior to Jumia, he consulted on retail and e-commerce projects in over 15 African nations. A well-rounded professional, Ballard holds a Master’s […]
The Nigerian National Petroleum Company Limited has assured Nigerians that the ongoing fuel scarcity and queues will be cleared out Wednesday, May 1. Olufemi Soneye, the chief Communications Officer, NNPCL, disclosed this to newsmen on Tuesday in Lagos. The Nigerian National Petroleum Company (NNPC) assures Nigerians that fuel scarcity and queues will end by May 1st. They claim to […]
Gebeya Inc a leading Pan-African tech leadership company that specializes in Saas-enabled custom Talent Cloud innovation, and UNHCR, the UN Refugee Agency. In Ethiopia have officially launched a digital platform that will help refugees better market their skills and talents, unlocking professional opportunities in the digital economy. A new initiative is bridging the gap between skilled […]
oday, Fuel Africa 2024, a groundbreaking initiative hosted by Futurize, has successfully concluded, marking a significant milestone in integrating healthcare technology innovations with climate change solutions across the African continent. Through the collaborative efforts of AstraZeneca through the A.Catalyst Network, and co-funded by Bristol Myers Squibb, the initiative aims to tackle immediate healthcare challenges while […]
Fidelity Bank kicked off 2024 with a bang, reporting a stellar first quarter (Q1) with significant growth across key financial metrics. Here’s a breakdown of their impressive performance: Also, Fidelity Bank Plc has posted a 120.1 per cent growth in Profit Before Tax from N17.9 billion at the end of first quarter (Q1) of 2023 […]
The Central Bank of Nigeria (CBN) reported a rise in the total amount of naira in circulation. This increase is interesting because it comes alongside a significant rise in the amount of cash people are holding outside of banks. Key Points: Total currency in circulation reached N3.87 trillion by March 2024. Over 90% of this […]
