Dreaded ‘down rounds’ shave billions off startup valuations
Several high-flying startups are being brought down to earth, as a recent carnage in global equity markets and lackluster demand for new listings force companies to raise funds at a…
Several high-flying startups are being brought down to earth, as a recent carnage in global equity markets and lackluster demand for new listings force companies to raise funds at a…
Nigeria’s broadband usage has continued on the rise, moving up from 40.9% in February 2022 to 44.5% in July 2022, a figure considered hopeful for achieving the national broadband target…
The first employee of BitMEX pleaded guilty on Monday to violating US bank secrecy laws by failing to establish an anti-money laundering program, following guilty pleas to the same charge…
The Bank of England will probably have to raise interest rates further from their current 14 year-high to tackle inflation pressures that are gaining a foothold in Britain’s economy, BoE…
Oil prices pulled back slightly on Tuesday on the latest progress in last-ditch talks to revive the 2015 Iran nuclear accord, which would clear the way to boost its crude…
The Minister of Agriculture and Rural Development, Dr. Mohammad Mahmood Abubakar has reiterated the Ministry’s commitment to collaborate with stakeholders in the Cashew Value chain towards enhancing the quality seedlings,…
The Federal Government has declared Dala Inland Dry Port as port of origin for export of goods and final destination for goods brought into the country via the nation’s seaports.…
Nvidia Corp (NVDA.O) on Monday warned its second-quarter revenue would drop by 19 per cent from the prior quarter on weakness in its gaming business, sending the chip designer’s shares…
Axios has agreed to sell itself to Cox Enterprises in a deal that values the digital media firm at $525 million, a source familiar with the matter said on Monday.…
European budget airline Wizz Air (WIZZ.L) will resume flights from Abu Dhabi to Moscow from October, it said on Thursday, more than five months after the carrier suspended all services…