Kobo360 CEO Obi Ozor on how border restrictions are impacting Nigeria’s freight industry
24 October 2019 | 6:00 am
Freight Logistics start-up, Kobo360 says the partial closure of Nigeria's land borders has significantly impacted their business and has seen customer demand decline by 28 per cent. Co-founder and CEO of Kobo360, Obi Ozor joins CNBC Africa.
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19 Feb 2021
The CEO of Robinhood, a Reddit influencer and Wall Street hedge fund managers have all faced a grilling from US lawmakers over the recent frenzy around GameStop. The House Financial Services Committee asked six key witnesses whether the extreme volatility in the shares last month, which rose almost 2,000 percent in a short space of time, exposed questionable market practices and potential conflicts of interest. But first, Renault booked a net loss of €8 billion for 2020 as global car sales dropped by more than a fifth, although the situation recovered strongly in the second half of the year.
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The CEO of Apple took the stand to reject a lawsuit filed by Epic Games claiming the tech giant is abusing its position with its online marketplace and claiming outsized commissions.
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Commissioner of Police Lagos command Hakeem Odumosu revealed that more suspects have been apprehended as more clues are being unraveled into the murder of SuperTV CEO, Usifo Ataga.
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Federal prosecutors in New York have said the Nikola founder and CEO "brazenly lied" to investors about the the company's green vehicles to inflate market value and drive up his earnings. The SEC has also filed charges.
19 Aug 2021
Taliban-affiliated Al Hijrat TV releases footage of Mullah Abdul Ghani Baradar's arrival in Afghanistan on August 17. Baradar, now deputy leader of the Taliban, chose to touch down in Afghanistan's second biggest city Kandahar -- the Taliban's spiritual birthplace and capital during their first period in power. He arrived from Qatar, where he spent months leading fruitless talks with the United States and negotiators from the overthrown former Afghan government.
7 Oct 2021
Google CEO Sundar Pichai announces that the tech giant will invest $1 billion over the next five years to allow for faster and more affordable internet access and support entrepreneurship in Africa. Internet reliability is a problem in Africa where less than a third of the continent's 1.3 billion people are connected to broadband, according to the World Bank. But the continent, where nearly half the population is under 18, is a promising market.
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This week, Twitter co-founder Jack Dorsey announced he was stepping down as CEO, and named Parag Agrawal, the company's chief technology officer, as his replacement. Agrawal has played a key role in driving the "re-acceleration" of Twitter's growth and helped oversee its fledgling cryptocurrency initiatives and machine learning efforts, a possible nod to why the Indian-American may have been the top choice for the CEO position.
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The robotics startup Exotec has become France's 25th unicorn company, valued at $2 billion after its latest fundraising round. The firm makes robots for e-commerce depots, and counts big names like Carrefour, Uniqlo and Decathlon among its customers. Exotec's CEO Romain Moulin told FRANCE 24 the inspiration for the company actually came from online retail giant Amazon.
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The CEO of Kenya Airways Allan Kilavuka gives an update on efforts to turn around the airline's operations, which have been severely constrained by COVID-19 and a financial crisis that predates the pandemic.
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The new governor of Kano State, Yusuf Abba, his deputy, and the acting chief judge were all on the podium as the stage collapsed during oath-taking. In Oyo State, Governor Seyi Makinde's oath-taking was also disrupted by heavy rain.
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