British Envoy Says Nigeria’s Issues Is Corruption
The British High Commissioner in Nigeria, Catriona Laing, has said Nigeria’s major problem is corruption. She said the country is…
Day: September 23, 2021
Nigerian Stocks Extend Decline Amid Investors’ Hesitation To Hold Bank Shares
Nigerian stocks encountered more strain on Wednesday as the benchmark index slowed 0.05 percent to its lowest point in more…
OPEC Nations Warn Of Oil Market Instability From Gas Crisis
As the global natural gas crunch hits suppliers and consumers alike, OPEC nations are warning of the knock-on impact for…
Czech Online Startup Rohlik Group To Invest 400 Million Euros In Automation
Czech online grocery delivery startup Rohlik Group said on Thursday it will invest 400 million euros ($469.32 million) in warehouse…
Norge’s Bank Raise Interest Rate To 0.25%
The Norges Bank on Thursday become the first major Western central bank to raise interest rates following the onset of…
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 revenue to the…
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 plans to potentially dispose…
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 automotive…
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 offering (IPO)…
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 standalone (SA) private network.…
Antgroup Say’s Consumer Data Fom Its Fintech Will Be Shared With China Central Bank
Ant Group will share credit data from its consumer lending business with China’s central bank as part of an overhaul…
Nigerian Content Development And Monitoring Board Set To Develop Manufacturing Hubs In Ondo State
The Nigerian Content Development and Monitoring Board has begun activities to develop an oil and gas industrial park in Ondo…
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 at the end…
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 Development
Chinese augmented reality (AR) glasses maker Nreal has raised $100 million to fund international expansion and develop new products. Augmented…