World Health Organization Officials Try To Figure Out Why Delta Is So Much Dangerous Than Earlier Covid Strains
World Health Organization officials said they are still trying to understand why the delta variant is more transmissible and potentially…
Day: July 30, 2021
China Lifts Yuan Midpoint By The Most Since January
China’s central bank lifted its yuan midpoint to a one-month high on Friday to reflect a bounce in the spot…
NPA Pledges To Enthrone International Standards At Ports
The Acting Managing Director of the Nigerian Ports Authority (NPA), Mohammed Bello Koko has restated the commitment of the management…
Forex Sale: ABCON To Identify Erring Members For Sanction
Bureau De Change (BDC) operators that violated Central Bank of Nigeria (CBN’s) guidelines on foreign exchange (forex) sales will be…
Data war: MTN, Airtel, Others Lose Over 8 Million Subscribers In 3 Months
MTN, Airtel, Glo, and 9mobile lost over 8 million data subscribers between March 2021 and May 2021. The four major…
Federal Government Of Nigeria Targets 2025 For Full 5G Coverage Of Urban Centres
While spectrum for 5G is expected to be auctioned by the last quarter of the year, the Federal Government has…
Federal Government Of Nigeria Cuts Gas-To-Power Price To $2.18/Mmbtu
The Federal Government, on Thursday said it has reviewed downward the price of gas-to-power from $2.50/mmbtu to $2.18/mmbtu for domestic supply…
Banks’ CEOs Summon Emergency Meeting Over BDCs’ Forex Ban
Bank Chief Executive Officers on Thursday, held an emergency meeting on how to ensure compliance with the new forex directive…
Private Sector Owns 70% of N12.7tn Pension Fund, Says PENCOM
The National Pension Commission (PENCOM) has revealed that private sector workers own 70 per cent of the N12.7 trillion in…
NGX Key Indicators Drop Further By 0.79% On Profit-Taking
Trading at the nation’s bourse extended a losing streak on Thursday, with key market indicators nosediving by 0.79 per cent…
Internal Revenue Service Expands Employer Tax Credit For Covid Vaccine Paid Time Off To Include Workers’ Families
The Treasury Department announced Thursday that it will expand tax credits to employers who give workers paid time off to…
Microsoft Is In Talks To Invest In Indian Budget Hotel Start-Up OYO
Microsoft is in advanced talks to invest in Indian budget hotel chain Oyo, a source familiar with the matter confirmed…
Tesla Megapack Caught Fire At Victorian Big Battery Site In Australia
A fire occurred within a Tesla Megapack at one of the largest batteries in the world in Australia’s Victoria state…
Investors Bought Chinese Stocks In The Last Week, Despite Regulatory Concerns
Investors bought into Chinese stocks in the last week, despite mounting concerns about harsh regulation, according to fund research firm…
Amazon Sales Growth Slows In Tame Start To Jassy’s Tenure As CEO
Amazon.com Inc (AMZN.O) on Thursday said sales growth would slow in the next few quarters as customers venture more outside the home,…
SoftBank Q1 Performance Seen Buoyed By China IPOs; Crackdown Clouds Outlook
SoftBank Group Corp (9984.T) is set to report a boost to Vision Fund returns when it posts quarterly earnings due to the…
Robinhood Closes At $34.82 In Grim Stock Market Debut
Robinhood Markets Inc’s shares (HOOD.O) closed more than 8% lower at $34.82 per share on their first day of trading, as many…
Uber Delays Office Return, Makes Vaccination Mandatory For U.S. Employees
Uber Technologies Inc (UBER.N) is pushing back its back-to-office date to late October globally, and all employees in the United States will…
Explainer: Major Ethereum Upgrade Set To Alter Supply, Fix Transaction Fees
Ethereum, the second-largest blockchain network, is about to undergo a technical adjustment that will significantly alter the way transactions are…