South African luxury magnate Johann Rupert has overtaken Nigerian billionaire businessman Aliko Dangote to claim the title of Africa's wealthiest individual, according to Forbes rankings. With a stagg...
There are different factors that affect demand, such as the income of the consumer, the price of the commodity, the availability of close substitutes, and more. But what exactly is income elasticity o...
Porsche is raising its EV sales targets as the all-electric Taycan sedan outsells the German automaker's classic 911 sports vehicle. It also intends to release a 911 hybrid model.When Porsche unveiled...
Maserati announced Thursday that it wants to provide electric versions of its complete lineup by 2025, beginning next year with a new GranTurismo EV with more than 1,200 horsepower, according to CEO D...
The Famous Telfar Bag is Black-Owned What is a Telfar bag? The Telfar Shopping Bag has made its way into the public eye. Black businesses have seen an increase in sa...
Nigerian financial technology startup Blueloop has been accepted to join Y Combinator’s winter 2021 batch. The startup will have access to a $125k seed fund, alongside 10 other African startups.Blue...
One of the challenges young Nigerian entrepreneurs face when dealing with international clients is the challenge of payment processing. Traditional remittance platforms in Nigeria have two basic probl...
The oracle of Omaha Warren Buffet is the most respected investor in the world and his decision to start selling stocks amidst the Coronavirus pandemic is giving many investors mixed feelings. He hardl...