Nigeria to gain 25 operators in just a few months

Nigeria’s Communications Commission has recently awarded 25 Mobile Virtual Network Operator (MVNO) licences. This development marks a crucial turning point, transitioning Nigeria from having only four major mobile operators – MTN, Globacom, Airtel, and 9Mobile – to welcoming nearly 30 new players. This milestone is not merely an expansion but a strategic endeavour to foster…

All eyes on Tesla’s margins

The interesting impact of interest rates on automotive gross margins Shares of Tesla are off this morning in the wake of the company’s Q3 2023 earnings report. TechCrunch covered the company’s aggregate results here. While Tesla’s results missed street estimates in both revenue and profit terms, there was much to like about the company’s quarter.…