Tag: revenue
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Over 500 advertisers have paused spending on Twitter
More than 500 of Twitter’s advertisers have paused spending on the micro blogging site since Elon Musk’s takeover last year, The Information reported on Wednesday, citing a person familiar with its ad business. The social media company’s daily revenue on Jan. 17 was 40% lower than the same day a year ago, the report added.…
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NERC says consumers pay N193.53bn to Discos amid blackouts
The Nigerian Electricity Regulatory Commission (NERC) on Monday announced that power distribution companies collected a total revenue of N193.53bn from consumers across the country in the third quarter of 2021. Power supply in Nigeria has remained unstable since the sector was privatised in November 2013, as millions of consumers have repeatedly complained of the poor…