WTA CEO Defends Decision to Host WTA Finals in Saudi Arabia Amid Scrutiny

In her first major media appearance since taking over as CEO of the Women's Tennis Association (WTA) in July, Portia Archer addressed the decision to stage the WTA Finals in Saudi Arabia, a move that has sparked debate. 

Nigerian Exchange Index Drops 0.54% as Investors Lose N318 Billion Amid Bearish Sentiment

The Nigerian Exchange Ltd. (NGX) closed Monday’s trading session on a downward trend, with market capitalisation falling by N318 billion (0.54%) from N59.039 trillion to N58.721 trillion. The All-Share Index declined by 524.3 points, or 0.54%, closing at 96,907.73, down from Friday’s 97,432.02. This downturn reduced the Year-To-Date (YTD) return to 29.60%.

Apple Set to Acquire Popular Image Editing App Developer, Pixelmator

Apple has announced plans to acquire Pixelmator, the celebrated image editing company known for its sophisticated yet user-friendly applications. In a recent blog post, the Pixelmator Team confirmed the acquisition, assuring users that no major changes will be made to its suite of apps, including Pixelmator Pro, Pixelmator for iOS, and Photomator, as the acquisition undergoes regulatory review.

MTN Nigeria Plans to Raise N50 Billion in Local Debt Market

MTN Nigeria Plc, one of the country's leading telecommunications firms, has unveiled plans to secure up to N50 billion through commercial paper sales in Nigeria’s debt capital market.

Nigerian Exchange Restores Trading on Oando Energy Shares

The Nigerian Exchange (NGX) has lifted the suspension on trading of Oando Energy Plc shares after the company submitted its 2023 audited financial statements, meeting regulatory requirements.

Federal Government Appoints Top Tech Leaders to Steer Nigeria’s 3 Million Technical Talent (3MTT) Initiative

In a bold step to fast-track Nigeria’s ambitious “3 Million Technical Talent” (3MTT) initiative, the federal government has appointed a distinguished advisory committee composed of renowned figures in the technology sector. This committee, led by Emeka Afigbo, Senior Director of Developer Success at Okta, will shape the program’s strategic direction, focusing on equipping three million Nigerians with the digital skills needed to thrive in Nigeria’s expanding digital economy and compete on the global stage.

TECNO’s #ToneProud Campaign Champions Inclusivity in Imaging, Tackles Skin Tone Bias with Advanced AI Technology

As Artificial Intelligence (AI) and technology continue to shape visual narratives worldwide, one question persists: Are smartphones capable of authentically capturing the rich diversity of human skin tones, especially in emerging markets? TECNO, a leader in multi-skin tone imaging, is taking a stand on this issue through its newly launched #ToneProud campaign, which promotes awareness of skin tone diversity and accurate representation in imaging technology.

67th Annual GRAMMY Awards Nominees to Be Announced via Live Stream on November 8

The Recording Academy is set to unveil the 67th Annual GRAMMY Awards nominees during a live-streamed event on Friday, November 8, 2024. 

Malawi Joins Afreximbank's Fund for Export Development in Africa, Expanding Regional Support

The Fund for Export Development in Africa (FEDA), the impact investment branch of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has welcomed the Republic of Malawi as its newest member, marking a significant step forward in the Fund's expansion.

2024 UEFA Women’s Champions League Final Delivers €23 Million Economic Boost to Basque Country

The 2024 UEFA Women’s Champions League (UWCL) final has made a significant economic impact of €23 million (approximately US$25 million) for the Basque Country, according to reports by three local authorities. The remarkable return on investment (ROI) is 17 times greater than the budget allocated by the regional institutions.

Adesina and Banga Rally Global Action Against Hunger at 2024 Borlaug Dialogue

In an impactful start to the 2024 Norman E. Borlaug International Dialogue, Dr. Akinwumi Adesina, President of the African Development Bank Group, and Ajay Banga, President of the World Bank, underscored the urgent need for enhanced global efforts to combat hunger in Africa. Their remarks came during the opening plenary session, titled "Achieving a Hunger-Free World," on October 29, where they highlighted the detrimental impact of conflict, economic instability, and climate change on food security.

Emirates Unveils Exclusive Boarding Pass for Dubai Experiences Through 2025

Emirates has announced the launch of the My Emirates Pass, an exclusive boarding pass initiative that offers travelers exciting perks during their journey to Dubai and the UAE. Effective from November 1, 2024, to March 31, 2025, this special pass allows passengers to access remarkable discounts on dining, family activities, luxurious spa treatments, high-end shopping, private pool access, and more.

MTN Nigeria Reports 65.6% Decline in Pre-Tax Profit, Surges in Service Revenue

MTN Nigeria Communications Plc (MTNN) has unveiled its unaudited financial results for the third quarter of 2024 (Q3-24), revealing a staggering 65.6% year-on-year decline in pre-tax profit, amounting to NGN 37.66 billion. The company’s profit after tax fell sharply by 94.2% year-on-year to NGN 4.13 billion, following a significant tax expense of NGN 33.53 billion.