Business

191 Posts
Techafricanews
Techafricanews
· May 28

Blockchain.com Targets African Expansion, Plans Nigeria Office – TechAfrica News

UK-based crypto exchange Blockchain.com is expanding its operations in Africa, focusing on Ghana, Kenya, South Africa, and planning to open a new office in Nigeria this quarter. The expansion targets markets that have begun to establish clearer cryptocurrency regulations, supporting Blockchain.com’s commitment to Africa’s digital asset landscape. Owenize Odia, General...
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Business
Searchenginejournal
Searchenginejournal
· May 28

Google’s Sergey Brin Says AI Can Synthesize Top 1,000 Search Results

Google co-founder Sergey Brin explained that AI is transforming search by synthesizing answers from thousands of results, enabling deep research that would take humans days or weeks. He highlighted that machine learning models are converging into unified models that incorporate specialized learnings, moving away from multiple separate algorithms. Brin also...
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AI
Techcrunch
Techcrunch
· May 28

Tesla loses more ground in Europe, while BYD makes gains

Tesla’s vehicle sales in the European Union, European Free Trade Association, and U.K. have dropped by 49% year-over-year in April, despite the launch of its new Model Y. This decline contrasts with competitors who have maintained sales levels, with Chinese manufacturer BYD notably increasing EV registrations by 59% in the...
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Autos
Lindaikejisblog
Lindaikejisblog
· May 26

President Tinubu departs for Lagos to mark ECOWAS 5Oth Anniversary and commission projects

President Bola Tinubu will travel from Abuja to Lagos on May 26 to celebrate the 50th anniversary of the Economic Community of West African States (ECOWAS), where he will highlight the bloc’s milestones. The event includes reenacting the 1975 ECOWAS declaration at the Nigerian Institute of International Affairs, featuring contributions...
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Business
Arise
Arise
· May 26

Tinubu Meets FIRS Chairman, Governor Zulum, Three Ministers, Others

President Bola Tinubu held a private meeting with Dr. Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), following the FCT Minister’s directive to seal a FIRS office in Abuja over alleged unpaid ground rent spanning 25 years. FIRS condemned the closure as unprofessional and criticized the Federal...
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Business
Techcabal
Techcabal
· May 26

How Nigerians lost nearly ₦8 billion trying to enter Europe in 2024; the cost wasn’t just financial

In 2024, over 50,000 Nigerian applicants saw their Schengen visa requests rejected, resulting in a collective loss of nearly ₦8 billion (about €4.5 million) in non-refundable fees, with rejection rates reaching a record high of 45.9%. The increased denials stem from stricter European immigration controls and financial scrutiny, impacting mainly...
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Business
Channelstv
Channelstv
· May 26

Dangote Group Named Africa’s ‘Most Admired’ Brand

Dangote Industries Limited and its founder, Aliko Dangote, were honored at the 15th annual Brand Africa 100 awards in Addis Ababa, winning three awards including the ‘Most Admired African Brand’ and induction into the Brand Africa Hall of Fame. Aliko Dangote received a Lifetime Achievement Award recognizing his leadership in...
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Business
Africa.businessinsider
Africa.businessinsider
· May 26

Egypt, South Africa lead Africa’s smartphone growth as Nigeria slumps in Q1 2025

Africa’s smartphone market grew by 6% year-on-year in Q1 2025, with 19.4 million units shipped, marking the continent’s eighth consecutive quarter of growth, according to Canalys data. Egypt and South Africa led the growth with 34% and 14% increases respectively, driven by government policies, network expansion, and improved consumer confidence,...
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Business