Elon Musk’s xAI acquires X in $33 billion deal
xAI, Elon Musk’s artificial intelligence venture, has acquired X in an all-stock transaction valued at $33 billion, in a bid...
- Thursday, June 04, 2026
BusinessDay
xAI, Elon Musk’s artificial intelligence venture, has acquired X in an all-stock transaction valued at $33 billion, in a bid...
Adetunji Opayele, the co-founder and chief technical officer (CTO) of Bumpa, a retail automation startup, died on the 5th of...
PalmPay, Nigeria’s fintech company, has partnered with Verve to launch its new PalmPay Debit Card in a bid to fuel...
Moniepoint, Nigeria’s latest unicorn, wants a slice of Nigeria’s $20 billion remittance market with its new remittance product, MonieWorld. Remittances...
Nigeria has maintained its position as the foremost destination for startup funding in West Africa, securing 80 percent of the...
Africa’s digital payment economy is projected to reach $1.5 trillion by 2030, according to a report commissioned by Mastercard. The...
Nigerians are embracing digital payments at an unprecedented rate, with a new Visa-commissioned study revealing increased trust and proactive security...
MTN Nigeria, in partnership with the School of Media and Communication (SMC), Pan-Atlantic University (PAU), has opened applications for the...
Cross-border payment has remained a challenge for over 4.9 million Nigerian businesses. These issues range from foreign currency fluctuations to...
Nigeria’s digital economy is receiving a boost with the addition of RackCentre’s new 12 MegaWatt Artificial Intelligence-oriented data centre. RackCentre’s...