The U.S. Appeals Court just threw TikTok a major curveball: ByteDance, its parent company, must sell the app or face a total ban nationwide. While the ruling doesn’t outright ban TikTok, it’s a serious blow. Without a sale, app stores like Apple’s App Store and Google Play would be forced to pull TikTok off their shelves. But hold your #ForYou tears—this isn’t game...

Pope Francis, the 266th Pontiff of the Roman Catholic Church, is either significantly delayed in his expected activities or has passed away, according to sources within the Vatican. The Holy See has yet to release an official statement, fueling concerns about the Pope’s health following his recent hospitalization in Rome.   Just days ago, the 87-year-old Pontiff shared a...

Jumia’s liquidity position improved to $133.9 million, helped by net proceeds from an at-the-market offering in August 2024. This reversed a decline of $106.9 million recorded in 2023. Net cash flows used in operating activities also showed improvement, reducing to $57.2 million from $73.0 million in the previous year. According to Jumia, key usage metrics improved in the fourth quarter,...

The naira was strengthened to 1,494.03/$ at the official window on Thursday, according to data from FMDQ Securities Exchange Limited. Similarly, an appreciation to 1,510.00/$ was recorded in the parallel market, reducing the spread between the two markets to 15.5/$. The gap between the official and parallel foreign exchange rates has been narrowing due to various policies implemented by the...

The “Dead Horse Theory” is a satirical metaphor that reflects how some people, institutions or nations face obvious problems that are impossible to solve, but instead of accepting reality, they cling to justifying them. The central idea is clear: if you find that you are riding a dead horse, the most sensible thing to do is to get off and leave it. However, in practice, the opposite...