Real Time Financial News Website
Southeast Asia’s biggest ride-hailing and food delivery firm Grab Holdings will announce as early as Tuesday a merger with U.S.-based Altimeter that will value Grab at nearly $40 billion and…
As the target date given by the federal government for states to end the first phase of COVID-19 vaccination approaches, the turnout for the exercise in many states has remained…
The National Pension Commission said it has attained ISO 27001:2013 certification for its Information Security Management System. It said in a statement on Friday that the ISMS provided a systemic…
Robotic process automation startup UiPath Inc is targeting a valuation of nearly $26 billion in its U.S. initial public offering (IPO), a regulatory filing on Monday showed. The New York-based…
For the first since its take-off last year, the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline project received a boost at the weekend when a Nigerian Railway Corporation (NRC)-operated train delivered…
President Muhammadu Buhari has been asked to ensure that oil giants, Shell and Eni face prosecution in Nigeria. Shell and Eni have been dragged to court in Milan, Italy over…
The import revenue generation at the Tin-Can Island Command of the Nigeria Customs Service (NCS) rose by 23 per cent to N112.7 billion in the first quarter of 2021. The…
Former banker Guillermo Lasso won Ecuador’s presidential election Sunday, pledging “opportunities and prosperity” despite a pandemic-battered and debt-laden economy and a political system riven by gridlock. Conservative Lasso declared himself…
The Central Bank of Nigeria had denied knowledge of claim that Nigeria printed billions of naira last month to cushion its financial trouble. This was after the Edo State Governor,…
Senior White House officials will meet on Monday with top executives from nearly 20 major companies to discuss a global semiconductor shortage that has roiled the automotive industry and technology…
Shipments of smartphones within China increased 67.7% year-on-year to 35.5 million handsets in March, the China Academy of Information and Communications (CAICT) reported on Monday. The figures affirm that the…
Chinese telecoms equipment maker Huawei Technologies will invest more in businesses that are less reliant on advanced process techniques, it said on Monday, citing U.S. sanctions that have reduced its…
abrina, a Bangladeshi domestic worker, is barely 127cm (4 feet 2 inches) tall and extremely thin. Her shoulder blades protruded from under her clothing as she scrubbed the floor in…
The tussle for who succeeds Segun Agbaje as the Group Managing Director/Chief Executive Officer of Guaranty Trust Bank has reached a fever pitch. Whichever way it goes, Agbaje will sure…
Participants in the Federal Government’s Special Public Works programme have complained about the non-payment of their stipends three months after the initiative took off. Many of them took to Twitter…
Digital Landlord Nigeria Limited said it has adopted the use of artificial intelligence to drive rentals of its short-let apartments. The Founder/Chief Executive Officer, Digital Landlord Nigeria Limited, Mr Keji…
Electricity generation in the country fell below the 4,000 megawatts mark on Sunday as 11 plants were idle, even as several others suffered declines in the output. Total power generation…
MTN customers have been reconnected to banking channels after commercial banks had blocked them from using their channels, including the Unstructured Supplementary Service Data and banking apps on Friday. The…
Prince Harry, whose explosive interview alongside his wife Meghan plunged the royal family into its biggest crisis in decades, has arrived back in Britain for Prince Philip’s funeral on Saturday.…
Mitsubishi Motors Corp will cut production by a combined 7,500 vehicles at three plants in Japan and Thailand in April, it said on Monday, citing chip shortages. The company is…
South Korean Prime Minister Chung Sye-kyun arrived in Iran on Sunday to help try to restore a 2015 nuclear deal between Iran and world powers, Seoul officials said. Chung is…
The U.S. economy is at an “inflection point” with expectations that growth and hiring will pick up speed in the months ahead, but also risks if a hasty reopening leads…
HSBC and Huawei Technologies’ Chief Financial Officer Meng Wanzhou have reached an agreement in a dispute about the publication of documents relating to U.S. fraud allegations against her, their lawyers…
Trafigura has begun launching a carbon trading desk led by Hannah Hauman, the global commodities trading firm said on Friday, as part of its push to gain a foothold in…
The Dow and S&P 500 are at record highs thanks to Wall Street optimism about Covid-19 vaccines, federal government stimulus, a rebounding global economy and a surge in value stocks.…
The stage may have been set for a showdown between Ecobank Transnational Inc (ETI) and one of its former senior executives, Moyo Kamgaing, as the National Industrial Court sitting Lagos,…
The federal government has received the report of the compensatory contracts and other incentives committee on the abandoned $1 billion Kaztec Engineering Limited (KEL) fabrication yard, located in Ilase village,…
Nigeria’s major export and import market in the fourth quarter of 2020 were India, Spain, the Netherlands, United States and China, the National Bureau of Statistics has said. It disclosed…
The Corporate Affairs Commission on Sunday stated that following the successful deployment of an end-to-end registration module, it was now prioritising the reduction of the registration circle for new companies…
Farmers in Ogun State are eagerly awaiting the commencement of operations of the Dangote fertiliser plant, which is expected to roll out its first bag anytime from now, Dangote Industries…