Amazon founder and CEO Jeff Bezos is handing over the reins of the gigantic tech company 27 years after he created it. Andy Jassy, Amazon’s cloud chief, will take over the running of the company as CEO while Bezos shifts his focus to his space company, Blue Origin. The current second richest manContinue Reading
Nigerian micro-lending startup, Fairmoney, has raised $42 million Series B led by US hedge fund and investment firm Tiger Global. Existing investors that participated in the round include – partners of DST, Flourish Ventures, Newfund, and Speedinvest. With an active presence in Nigeria and India, the startup plans to diversifyContinue Reading
McAfee died in a Spanish prison cell at age 75. Hours after a Spanish court granted a request to have him extradited to the US, John McAfee was found dead in a Spanish prison cell on Wednesday. The Catalan Justice Department said 75-year-old McAfee took his own life. Details of McAfee’sContinue Reading
Things are not looking good for Bitcoin right now. Chinese officials continued their crackdown on cryptocurrencies this week, the BBC reports, ordering banks to stop supporting any transactions involving the digital currencies. Unsurprisingly, the value of Bitcoin slumped yet again in light of the news, dropping below $30,000 for the first timeContinue Reading
CBN has listed the 47 approved International Money Transfer Operators in the country. The Central Bank of Nigeria (CBN) has listed the approved 47 International Money Transfer Operators in the country. This was disclosed by the apex bank on via its Twitter handle on Monday. The money transfer operators, accordingContinue Reading
The massive looting and destruction of businesses that took place last week, an aftermath of #LekkoMassacre on October 20th, 2020, is an eye opener to every business entity in Nigeria. A perfect reason to take your business online. There are two main ways in which a company can be setContinue Reading
ComputerWorld Facebook hopes to broaden the business appeal of its smart display by offering access to several video conferencing apps, including Zoom, Cisco Webex, BlueJeans and GoToMeeting. Facebook plans to extend the range of options for video meetings using its Portal displays with the ability to download apps from videoContinue Reading
ecurity camera systems can be beneficial to small businesses by acting as a visual deterrent for shoplifters and thieves, serving as extra eyes over employees, and by keeping a record of the activities going on inside and around the perimeter of the business. Camera systems may even reduce insurance premiumsContinue Reading
Access Bank Plc said it recently discovered a mistake in its operations records, whereby stamp duty charges on applicable transactions were not passed on to customers. The omissions occurred between February 1st, 2020, and April 30th, 2020. The tier-1 bank said it is deeply apologetic for this error. However, allContinue Reading
By UbongAbasi Okon In the last 6 months, coronavirus pandemic has disrupted and threatened every sector of business critically. We are in terrible times nobody ever planned and the future continues to look bleak. As the days go by, business owners and entrepreneurs are becoming more and more confused andContinue Reading
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