After years of resisting advertisements on its streaming platform, Netflix is introducing commercials to its service. Netflix co-CEO Ted Sarandos confirmed on Thursday that the company would begin testing an ad-supported, lower-priced subscription tier. The streaming company is speaking to multiple potential partners to help ease its entrance into the
Digital revolution has seen the number of startup increase in Africa. This has created lucrative tech job opportunities in Africa. On the continent, we’ve seen the rise of unicorns like Interswitch, Flutterwave and Jumia. If you’ve got a passion for the industry, we’ll look at
Africa is one of the poorest continents in the world. However, African entrepreneurs have been tenacious and persistent to the very core in building startups that offer highly unique services. There has been an amazing wave of innovation in the industry with startups like Chipper,
The importation business in Nigeria is lucrative because many products in the country are imported. Even the simplest of items such as toothpicks and candles are still imported into Nigeria. Nigeria imported items worth a total of $55.4 billion in 2020. Although there was a significant
Nigerian prop-tech startup Spleet has closed a US$2.6 million seed round to scale its residential rent focused products. Founded by Tola Adesanmi in 2018 from the need to find rentals with flexible payment options in Lagos as opposed to the usual one or two year
What are the drivers of the decline in oil production? Production has been declining since 2012. It’s a combination of a lot of factors. I think insecurity of assets is top on the list – and insecurity of life. Secondly, the maturity of the fields. Thirdly,
Ethiopian Airlines is the preferred bidder for Nigeria Air, the Nigerian government said Friday, as it prepares for the commencement of operations of Nigeria’s new national carrier. Aviation Minister Hadi Sirika said at a press briefing in Abuja that Nigeria Air will launch with a shuttle
Since then, the dollar has remained close to the N710 benchmark, exchanging at a lower and slightly higher rate. The apex bank in 2021 prohibited the sale of foreign exchange to BDC operators due to their unauthorised sales of foreign exchange above the market they
In May 2022, Y Combinator reached out to the founders in its network to warn them of the possible consequences of the global venture capital slowdown. The accelerator had warned that investors were likely to slow down their investment activities. While that has held true
Lawmakers in the European Parliament plenary voted to authorize that new vehicles and vans should be zero emissions from 2035 as part of efforts to clean up road transport. The lawmakers backed the final report on revised vehicle Co2 emission standards legislation with 339 in