Why Huawei’s Google woes worry Africa
Most Africans connecting to the internet today are likely to be using a Chinese smartphone, powered by a Chinese-built network, and at least half of the time, it was built by Chinese tech giant, Huawei. Read more
Stakeholders place cost of Apapa traffic at trillions of Naira
Apart from the man-hour losses, they also list the steady increase in the volume of Nigerian bound cargoes that are being diverted to ports of neighbouring countries. Read more
‘Nigeria losing over $8billion to non-passage of auto policy’, imports 400,000 used vehicles annually
It has been argued that the non-passage of the automotive policy bill will further hamper the development of the auto sector. What is your take? Read more
Uber had the worst first-day dollar loss ever of any US IPO
The much-anticipated Uber initial public offering managed to break a record, but not one that investors would’ve hoped for. Read more
Facebook Faces a Big Penalty, but Regulators Are Split Over How Big
Facebook’s announcement in late April that it had set aside $3 billion to $5 billion to settle claims that it mishandled users’ personal data suggested a strong consensus by federal regulators that the social media giant needed to be held accountable. Read more
