Cape Town-based consumer focused internet platform, Silvertree Internet Holdings, has decided to invest in focused and potentially talented tech startups in Africa. Their decision came as a result of the firm’s outstanding growth record from last year.
Updated 3 Years ago

Unfortunately, another tragedy has occurred today. Céline Dion's husband René Angélil has died after long battle with throat cancer. The 73-year-old, who also mentored and managed the iconic singer's career, passed away in his Las Vegas home Thursday. "René Angélil, 73, passed away this morning at his home in Las Vegas after a long and courageous battle against cancer," the singer's camp posted on her website.
Updated 3 Years ago

Volkswagen AG’s market share in Europe fell for the first time since 2007 as the German car maker's emissions-rigging scandal deterred buyers in the final months of last year.
Updated 3 Years ago

Lagos-based lawyer, Ebun-Olu Adegboruwa, says he is withdrawing the suit he filed on Monday to challenge the continued detention of the National Publicity Secretary of the Peoples Democratic Party, Chief Olisa Metuh
Updated 3 Years ago

Foreign airlines that operate into Nigeria can sell tickets in Naira and repatriate in their own currencies following the lifting of ban stopping commercial banks from accepting cash deposits of foreign exchange from customers.
Updated 3 Years ago

“As of today, the naira is exchanged for 305 to one dollar. In view of this worrisome situation and the fact that we all know that this country depends so much on imported materials and even food, there is a need for this Senate to, as a matter of urgency, invite or summon the governor of the CBN to explain this situation and to provide the necessary solution to this situation.”
Updated 3 Years ago

Following criticism that the National Publicity Secretary of the Peoples Democratic Party (PDP), Olisa Metuh, is being detained illegally, the Economic and Financial Crimes Commission (EFCC) charged him to court.
Updated 3 Years ago

THE Chief Justice of Nigeria, CJN, Justice Mahmud Mohammed, said, last night, that he was not at war with President Muhammadu Buhari or any agency of government over the purported non-compliance with court orders freeing suspects of the arms scandal who were granted bail by judges.
Updated 3 Years ago

Indonesia's capital city Jakarta was rocked Thursday by a bomb and gun attack that left at least six police officers and civilians dead.
Updated 3 Years ago

China's market turmoil since the start of the new year has put the spotlight on a not-much-noticed quirk of trading the mainland's currency: the offshore yuan doesn't always want to stay in tune with its onshore peer.
Updated 3 Years ago