Federal, States,Local Government And Agencies Shared N696.965 Billion Revenue
The Federation Accounts Allocation Committee on Wednesday said it shared a total of N696.965bn as August 2021…
Chinese Estate Share Soared High After China Evergrande Group Announcement
Hong Kong-listed shares of investment holding firm Chinese Estates surged on Thursday after the firm announced…
Semiconductor Chip Shortage Will Affect Automotive Industry Revenue
With no end in sight this year, the ongoing semiconductor chip shortage is now expected to cost the global…
Source – SoftBank Backed Oyo To Arrange For $1.2 Bln IPO Next Week
SoftBank Group backed Indian hospitality startup Oyo Hotels and Rooms is expected to file for an initial public…
Ericsson And Unikie Collaborate To Test Automated Parking
Ericsson and industry 4.0 partner, Unikie, are collaborating to trial automated factory parking with Ericsson’s 5G…
2020 Trade Volume Between China Nigeria Was $20bn: Chinese Ambassador to Nigeria
The Chinese Ambassador to Nigeria, Ambassador Cui Jianchun, has said that the trade volume between his country and…
Antgroup Say’s Consumer Data Fom Its Fintech Will Be Shared With China Central…
Ant Group will share credit data from its consumer lending business with China’s central bank as part of an…
Nigerian Content Development And Monitoring Board Set To Develop Manufacturing…
The Nigerian Content Development and Monitoring Board has begun activities to develop an oil and gas industrial…
Nigeria’s Equity Market Investors Lost N11.02 Billion At End Of Trading
Investors in the equities market of the Nigerian Exchange Limited – formerly Nigerian Stock Exchange lost N11.02bn…
Increase in Demand, Shortage Of Supply Led To Increased Price Of Cooking Gas
The management of the Nigeria LNG Limited has said that marketers do not have enough infrastructure to take up its…
Chinese Glassmaker Raise $100 Million To Fund International Expansion And…
Chinese augmented reality (AR) glasses maker Nreal has raised $100 million to fund international expansion and…
Surge In UK Fraud Becomes A National Security Threat
A surge in fraud attacks on consumers since the pandemic has become a 'national security threat' for Britain…
Development Of Seaports Will Magnify Revenue Drive In Nigeria – NPA
The Nigerian Ports Authority (NPA), has stated that Nigeria’s maritime industry accounts for 70% of cargo trade in…
Federal Government Pens OPEC, Requesting Higher Oil Production Quota
Nigeria has now officially written the Organisation of Petroleum Exporting Countries (OPEC), requesting a higher…
Analysts Worries, Gives Pathways To Debt Sustainability
Analysts have implored the Federal Government and sub-nationals to reduce recurrent expenditure, especially cost of…
Foreign Airlines Grow Their Interest In Nigeria As Travel Rebounds
The return of foreign airlines into the Nigerian airspace and arrival of new entrants show that foreign airlines…
Robinhood To Debut Feature That Gives Traders More Control Over Digital Tokens
Robinhood is debuting a feature that gives traders more control over digital tokens in its latest expansion in…
CBN Urges Against Speculation, Manipulation Of Forex
The Central Bank of Nigeria has warned Nigerians to be wary of the activities of speculators who sought to…
Kia Nigeria Announce Launch Of Kia Seltos
Kia Nigeria has announced the launch of its sophisticated and…
The New Mercedes E-Class
Weststar Associates Limited, the authorised general distributor of Mercedes-Benz in Nigeria, has announced the…
President Muhammadu Buhari Seek For The Amendment Of Petroleum Industry Act
President Muhammadu Buhari (retd.), has asked the Senate to amend certain provisions of the controversial Petroleum…
Nigeria record $18.9 billion OTC FX Futures Contracts in 2020
OTC FX Futures (OTC FX Futures) are non-deliverable forwards or contracts where parties agree…
NLNG Describes Nigeria’s Cooking Gas Shortage, Price Hike
YET another indication of Nigerian health workers’ discontent with the increasingly inclement working climate in…
Dollar Near A Month High As Investors Concentrated On Evergrande Risks
The dollar held below a near one-month high on Wednesday as investors focused on two key risks -- a default by…
Three Nigeria Bank Generated N75.24 Trillion From Electronic Banking Transactions
With the adoption of digital banking channels and more customers migrating to electronic banking following Covid-19…
Dangote Cement Gets New Leadership
Dangote Cement Plc has appointed Mr. Philip Mathew its new deputy group managing director and chief executive…
DraftKings Makes $20 Billion Offer To Acquire U.K. Online Sports Betting Company
DraftKings is making a $20 billion offer to acquire U.K. online sports betting company Entain, The offer is…
Oil Climb By 1% As US Hurricane Aftermath Tightens Supply
Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global…
Bitcoin Falls Below $40,000 Among Regulatory Drumbeat, Fed Risk
Bitcoin struggled for a third day, dropping briefly below $40,000 for the first time since August amid rising…
Nigeria External Debt Stock Figure Rise To $14.37 Billion
The Debt Management Office disclosed in a statement on its website on Tuesday titled ‘Nigeria raises $4bn through…