Satellite Boom Attracts Technology Giants
Earlier this month, 10 payloads were lofted on the Virgin Orbit rocket, which was launched from under the wing of one of…
Day: February 3, 2021
Alibaba Revenues Soar But Ant Group Float Uncertain
The company founded by Jack Ma saw revenues up 37% against the same quarter of 2019 to 221bn yuan ($34.2bn,…
Weighing Economic Implications Of SIM Card Blockage
As revealed by the National Bureau of Statistics (NBS), the IT sector in Nigeria thrived tremendously, despite the challenges witnessed…
Exclusive: Suspected Chinese Hackers Used SolarWinds Bug To Spy On U.S. Payroll Agency – Sources.
Suspected Chinese hackers exploited a flaw in software made by SolarWinds Corp to help break into U.S. government computers last…
Canada To Partner Nigeria On Sustainable Energy Solutions
Canadian government and businesses have expressed willingness to partner with Nigeria in achieving clean and sustainable energy solutions. Canadian High…
US Treasury’s Yellen To Meet Regulators About GameStop Volatility
United States Treasury Secretary Janet Yellen is calling a meeting of top financial regulators this week to discuss market volatility…
No Digital Economy Without Research’
The drive to enthrone a digital economy in Nigeria may not be impactful without adequate and thorough research. This is…
SpaceX’s Starship Test Flight Ends In Fiery Crash, Again
A prototype of a SpaceX rocket the company hopes will one day journey to the moon and Mars has exploded…
How To Get The Most Covid Financial Relief When Filing Your Taxes This Year
No one likes doing their taxes. But there is very good reason for everyone to file a federal tax return this year,…
Telcos Collect 56.18 Million NINs, FG Fixes April 6 Deadline
A total of 56.18 million National Identity Numbers have been collected by the mobile network operators and submitted for linkage…
Uber Is Betting $1.1 Billion On Alcohol Deliveries
Uber’s future used to be self-driving cars. Now it’s delivering alcohol. On Tuesday, the company announced that it is acquiring alcohol delivery…
Nigeria: FG Seeks Support Of AU, Others To Create African Single Digital Market
The Federal Government has urged the African Union Commission and all its international partners to support Nigeria’s call for creating…
Oil Market: Prices Surge Over $57.49 Per Barrel As OPEC, Non-OPEC Commit To Output Cut
AS members of the Organisation of Petroleum Exporting Countries, OPEC, and non-members commit to oil output cut, oil prices, Tuesday,…
Europe Stock Futures Track Asia, U.S. Losses On Retail Trading Frenzy Jitters
European stock index futures fell more than 1% on Friday, tracking declines in Asian and U.S. equity markets on caution…
Ferrovial Launches New Attempt To Offload UK Outsourcer Amey
The process will put into play a business which has held government contracts ranging from prisoner transportation for the Ministry…
Nigeria: FG Puts up Recovered Assets for Sale, Invites Bids
The federal government is gearing up for the sale of recovered assets, including vehicles, boats, ships, plants and machinery as…
NESG Projects 2.9% Economic Growth In 2021
The Nigerian Economic Summit Group (NESG) has projected that the Nigerian economy would grow by 2.9 per cent in this…
Oil Settles Near $55 A Barrel, Highest Level In Over A Year
Oil climbed to the highest level in over a year as tightening global supplies and signs of strength in physical…
Nigeria: FG, Labour To Consider Electricity Tariff, Fuel Price Reports Feb 22
The Federal Government and the organised labour will reconvene on February 22 for the consideration of the reports of the…
Amazon Gets Court To Block $3.3 Billion Retail Deal Involving India’s Richest Man
Amazon has been handed a major legal victory in its fight to block a multibillion-dollar deal between two of India’s biggest retailers.…
Jeff Bezos Is Stepping Down As Amazon CEO
Amazon founder Jeff Bezos will step down from his role as chief executive later this year and transition to the…
China Shares End Lower As Losses In Tech Stocks Offset Auto Gains
BEIJING, Feb 3 (Reuters) – China shares ended lower on Wednesday, as profit-taking in tech stocks with high valuations outweighed…
A Good Start For The Nigerian Stock Market
Goddy Egene writes that the 5.3 per cent gain recorded by the equities market in January is a positive development…