Facebook parent company Meta on Wednesday posted a lower-than-expected loss in revenue, underperformed on profitability, and gave an unexpectedly bleak forecast. The shares saw a 3...
After the market closed on Wednesday, Etsy Inc. released its second-quarter financial results, reporting profitability that surpassed expectations, and saw gross merchandise sales ...
Experts have cautioned that an increase in political activity will make the naira crisis worse. The currency's value has continued to fluctuate on several markets, and analysts are conc...
ThriveAgric, an agritech startup based in Nigeria, has made a substantial investment of over $100 million to empower 514,000 smallholder farmers across Africa and facilitate the expansion of food prod...
Youverify is a tech startup that automates KYC and other compliance processes for African commercial banks and businesses, with offices in Lagos and San Francisco. The startup recent...
The valuation of the Hong Kong-based AMTD Digital temporarily surpassed that of Meta, the parent company of Facebook, when shares of the fintech increased on Wednesday. This week's explo...
German producer of semiconductors for industrial automation systems and electric vehicle batteries Semikron, has acknowledged that it was the target of a cyberattack that led to data encryption. ...
Nigeria has once again reclaimed its position as Africa's leading crude oil producer, as reported by the Organization of Petroleum Exporting Countries (OPEC) for the month of May 2023. The country's d...
Alibaba Group Holding Limited, also known as "Alibaba" or the "Alibaba Group," released its fiscal results for the three months ending June 30, 2022, on Thursday. The company’s stock rose i...
AMC Entertainment has found another way to increase its number of shares and raise money after stakeholders rejected moves to issue additional shares last year. The firm said on Thursda...