Apple’s new iPhone 16e will be significantly more affordable in Nigeria, priced at N898,500, which is N300,000 less than the standard iPhone 16, which retails for around N1.19 million. This new budget model, aimed at attracting middle-tier customers, will be available for pre-order from February 21, with actual availability set for February 28. The iPhone 16e is part of Apple’s...

Senator Monday Okpebholo has once again made a public error, this time incorrectly referring to Senator Adams Oshiomhole as the representative of Edo South in a trending video on social media. The mistake occurred during the flag-off ceremony for the dualization of sections two to four of the Ekpoma-Auchi-Okpella-Okene-Ajaokuta Expressway, a major federal project aimed at improving connectivity...

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...

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,...

After pioneering internet-based calling 23 years ago, Skype is officially shutting down. Microsoft, which acquired the platform 14 years ago, announced that Skype will be retired on May 5, 2025, as the company prioritizes Microsoft Teams. Skype users have 10 weeks to decide their next steps. While it's unclear how many people will be affected, Microsoft last reported in 2023 that Skype had over...