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SpaceX eyes $15 billion sales in 2024 on the back of...

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SpaceX is on track to book revenues of about $9 billion this year across its rocket launch and Starlink businesses, according to people familiar...

Samsung forecasts further financial woe

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Samsung Electronics estimates that profitability in Q3 would decline again after its bottom-line was hit by a third consecutive period of weak demand and...

TikTok crosses 4.4 billion downloads

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Data from OnlyAccounts.io, Statista and AppMagic indicate that, after one of the best quarters in the history of TikTok, the short video app crossed...

Fintech boosts revenue growth for Nigerian banks

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Nigerian banks reported remarkable revenue growth in Q1 2023, with ₦96.483 billion ($122,694,806) generated from electronic businesses.The remarkable growth is attributed to the increasing...

Microsoft shares leap higher as AI boosts quarterly sales

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Microsoft beat Wall Street’s estimates for quarterly revenue and profit on Tuesday, driven by growth in its cloud computing and Office productivity software businesses,...

MTN Ghana records GHS9.9 billion revenue 2022, as 4G coverage tops...

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MTN Ghana posted an impressive total revenue of over GHS9.9 billion in 2022, out of which service revenue alone was more than GHS9.88 billion.This...

MTN Nigeria records $4.3 billion revenue in 2022

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MTN Nigeria has registered revenues of ₦2 trillion ($4.3 billion), according to its financial results for the year ended December 31, 2022.The amount is...

E-levy failure: government slashes target by over 90%

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The government mobilised GH¢93.7 million revenue from the Electronic Transfer Levy (E-Levy) in the first two months of implementation.The amount, mobilised in May and...

Telkom reports revenue decline

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South African telecoms operator, Telkom this week published its annual financial results for the year ended 31 March 2022, reporting that its revenue dropped...

Spotify targets $100 billion revenue in 10 years

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Spotify Technology said it expects to reach US$100-billion (R1.5-trillion) revenue annually in the next 10 years and promised high-margin returns from its costly expansion into...
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