Elon Musk, the billionaire founder of Tesla Inc., has raised over $7.1 billion from friends and investors to help acquire Twitter. The details are contained in a filing on the US Securities and Exchange Commission. Last month, Musk agreed to buy Twitter Inc. for $44 billion in a deal that will ensure investors receive […]
Hello, subscribers — if the number you are calling is not switched off, you will soon pay a higher tariff. This is because President Muhammadu Buhari has approved the collection of five per cent as excise duty on telephone recharge cards and vouchers, TheCable understands. The charge is part of new items on the […]
Elon Musk, the billionaire founder of Tesla Inc., says Twitter may charge a “slight” fee for commercial and government users. Musk disclosed this in a post on his official Twitter handle. He, however, said the microblogging platform would always be free for “casual users”. “Twitter will always be free for casual users, but maybe […]
The Nigerian Communications Commission (NCC) has revealed that the rollout of Fifth Generation (5G) services would commence in August. The NCC also issued final letters of award of the 5G Spectrum Licences to MTN and Mafab Communications, who emerged winners of 3.5 gigahertz (GHz) spectrum auction conducted in December last year. In a statement […]
Telecommunication companies under the Association of Licensed Telecom Operators of Nigeria (ALTON) have asked for upward reviews in voice calls, short message services (SMS) and data costs. ALTON said this in a letter addressed to the Nigerian Communications Commission (NCC), citing the rising cost of running a business. According to ALTON, the proposed upward review […]
The Central Bank of Nigeria, CBN, has approved the sum of N2 billion to the Imo State government for the empowerment of artisans in the state. The Commissioner for Labour and Productivity, Ford Ozumba, disclosed this to newsmen on Tuesday in Owerri, while announcing the Imo 2022 Entrepreneurial Product Expo in partnership with CBN. […]
Anambra Governor, Ptof. Chukwuma Soludo has been asked to probe the activities and revenue accrued to the President of Bridgehead Markets Association, Mr. Sunday Obinze since 2015. The Bridgehead Market Elders’ Forum, which made the call after its general meeting Tuesday also asked the Governor and relevant anti- corruption agencies such as Economic and […]
The Conference of All Markets Traders in Anambra State (COMTAS),which comprises over 65 markets in Anambra State has asked Governor Chukwuma Soludo to immediately drop the Commissioner for Commerce and Industry of Anambra State, Dr.Obinna Ngonadi. In a statement made available to newsmen on Monday, the group unequivocally condemned the non-inclusion of Anambra Statet […]
Bitcoin is not a cure-all for Africa’s economic woes, the International Monetary Fund warned Thursday, after the Central African Republic adopted the cryptocurrency as legal tender. The head of the IMF’s African department, Abebe Aemro Selassie, said that a “robust” payment system with financial transparency and a governance framework must be in place when […]
The Central African Republic has adopted bitcoin as legal tender, the president’s office said Wednesday, becoming the second country in the world to do so behind El Salvador. Lawmakers unanimously adopted a bill that made bitcoin legal tender alongside the CFA franc and legalised the use of cryptocurrencies, and President Faustin Archange Touadera signed […]
