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Month: September 2021

Uphold Quality Standards:Standard Organisation Of Nigeria
AfricaLocalMarketTrade

Uphold Quality Standards:Standard Organisation Of Nigeria

The Standard Organisation of Nigeria has asked electrical dealers to uphold the quality standards for them to benefit from the…

byakintundeSeptember 27, 2021
Nigeria Need Over $400bn To Fund Its Critical Energy Needs
AfricaLocal

Nigeria Need Over $400bn To Fund Its Critical Energy Needs

The President of the Federal Republic of Nigeria, Muhammadu Buhari (Retd.), has said that Nigeria needs over $400bn to fund…

byakintundeSeptember 27, 2021September 27, 2021
China Cryptocurrency Exchange Huobi Cease New Account Opening
BusinessTechnologyWorld

China Cryptocurrency Exchange Huobi Cease New Account Opening

Huobi, one of the world’s largest cryptocurrency exchanges, said it has ceased new account openings for mainland Chinese users after…

byakintundeSeptember 27, 2021
Singapore’s Logistics Startup Ninja Van Is The Newest Unicorn
MarketWorld

Singapore’s Logistics Startup Ninja Van Is The Newest Unicorn

Ninja Van raised $578 million from investors including Chinese e-commerce giant Alibaba Group, making the logistics startup Singapore’s newest unicorn.…

byakintundeSeptember 27, 2021
Elon Musk Praise China For The Second Time In A Month
TechnologyWorld

Elon Musk Praise China For The Second Time In A Month

Elon Musk reassured Tesla’s commitment to China, saying the automaker will continue to expand its investments in the country. Musk’s comments…

byakintundeSeptember 27, 2021
African Legal Support Facility Celebrates Achievements As It Begins New 14-Year Mandate
AfricaLocalTrade

African Legal Support Facility Celebrates Achievements As It Begins New 14-Year Mandate

The African Legal Support Facility, which is an initiative created to help governments avert losses from business deals, saved African…

byakintundeSeptember 27, 2021
Google Set To Reduce Take Rate
BusinessTechnologyWorld

Google Set To Reduce Take Rate

Google is reducing the amount of revenue it keeps when customers buy software from other vendors on its cloud marketplace, as…

byakintundeSeptember 27, 2021
The Largest Container Ship In The World Arrive In UK
TechnologyWorld

The Largest Container Ship In The World Arrive In UK

A container ship said to be the largest in the world has arrived in the UK on its maiden voyage.…

byakintundeSeptember 27, 2021
Inflows From Foreign Portfolio Investors Dropped By N37.85bn: Nigerian Exchange Limited
AfricaInvestingLocalMarket

Inflows From Foreign Portfolio Investors Dropped By N37.85bn: Nigerian Exchange Limited

The Nigerian Exchange Limited, formerly Nigerian Stock Exchange, revealed in its latest report that year-to-date inflows from foreign portfolio investors…

byakintundeSeptember 27, 2021
capital Market Raised N176bn In Four Years: The Securities and Exchange Commission
AfricaLocalMarket

capital Market Raised N176bn In Four Years: The Securities and Exchange Commission

The Securities and Exchange Commission has said that the capital market raised N176bn in four years and has the potential…

byakintundeSeptember 27, 2021
Naira Exchange At N580 To $1
AfricaBankingMarketWorld

Naira Exchange At N580 To $1

The naira exchanged to the dollar at 580 on Friday, while the Pound Sterling traded for 780 at the parallel…

byakintundeSeptember 27, 2021
Brent Oil Futures Close At It Highest Level Since October 2018
AfricaLocalMarketTrade

Brent Oil Futures Close At It Highest Level Since October 2018

The price of crude oil was up in London on Friday morning, climbing for a fourth day amid tighter supplies…

byakintundeSeptember 24, 2021
Meadow Foods Register 20,000 Farmers In Two Nigerian State
AfricaLocal

Meadow Foods Register 20,000 Farmers In Two Nigerian State

Meadow Foods Nigeria Limited through its GrowIT project has announced the completion of the registration and farmland mapping of 20,000…

byakintundeSeptember 24, 2021September 25, 2021
China Intensifies Crackdown On Cryptocurrencies
MarketTechnologyWorld

China Intensifies Crackdown On Cryptocurrencies

Bitcoin and ethereum tumbled Friday, with traders rattled by tough talk out of China. The price of bitcoin fell 8%…

byakintundeSeptember 24, 2021
Twitter Share Soar Higher Now At $66.69 Per Share
InvestingTechnologyWorld

Twitter Share Soar Higher Now At $66.69 Per Share

The price of Twitter’s shares, being traded on the New York Stock Exchange (NYSE), has gained approximately 3.80% to currently…

byakintundeSeptember 24, 2021
Nigeria Exchange Limited To Hold First Technovation Conference
AfricaLocalTechnology

Nigeria Exchange Limited To Hold First Technovation Conference

The Nigerian Exchange Limited, formerly the Nigerian Stock Exchange, has announced that it would be holding the first Technovation conference…

byakintundeSeptember 24, 2021
62% Of Nigeria Business Enterprises Make Use Of Mobile Banking
AfricaBusinessLocalTechnology

62% Of Nigeria Business Enterprises Make Use Of Mobile Banking

The National Bureau of Statistics has said that 62 per cent of enterprises use mobile banking for their business operations.…

byakintundeSeptember 24, 2021September 24, 2021
Taiwan government Says It’s Expanding Its Businesses In Nigeria
Local

Taiwan government Says It’s Expanding Its Businesses In Nigeria

The Taiwan government through its trading council is currently expanding its businesses in Nigeria, the Taiwan Trade Representative in Nigeria,…

byakintundeSeptember 24, 2021
Investments That Will Stand The Test Of Time – Stanbic IBTC Chief Executive
AfricaInvestingLocal

Investments That Will Stand The Test Of Time – Stanbic IBTC Chief Executive

Stanbic IBTC Asset Management Limited, a subsidiary of Stanbic IBTC Holdings Plc, has urged Nigerians to patronise investment offerings that…

byakintundeSeptember 24, 2021September 24, 2021
African Continental Free Trade Area To Help Grow Africa’s Gross Domestic Product
AfricaLocal

African Continental Free Trade Area To Help Grow Africa’s Gross Domestic Product

The Under Secretary General and Executive Secretary, The United Nations Economic Commission for Africa, Dr Vera Songwe, has said that…

byakintundeSeptember 24, 2021September 24, 2021
Naira Continues To Maintain A Downward Trend
AfricaLocal

Naira Continues To Maintain A Downward Trend

The naira slide to N575 on Thursday despite assurances by the Central Bank of Nigeria that there is sufficient foreign…

byakintundeSeptember 24, 2021September 24, 2021
British Envoy Says Nigeria’s Issues Is Corruption
Features

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…

byEkeminiSeptember 23, 2021
Nigerian Stocks Extend Decline Amid Investors’ Hesitation To Hold Bank Shares
BusinessLocalMarket

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…

byEkeminiSeptember 23, 2021
OPEC Nations Warn Of Oil Market Instability From Gas Crisis
BusinessMarket

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…

byEkeminiSeptember 23, 2021
Czech Online Startup Rohlik Group To Invest  400 Million Euros In Automation
Technology

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…

byEkeminiSeptember 23, 2021September 23, 2021
Norge’s Bank Raise Interest Rate To 0.25%
BankingWorld

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…

byakintundeSeptember 23, 2021
Federal, States,Local Government And Agencies Shared N696.965 Billion Revenue
AfricaLocal

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…

byakintundeSeptember 23, 2021
Chinese Estate Share Soared High After China Evergrande Group Announcement
InvestingMarketTradeWorld

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…

byakintundeSeptember 23, 2021
Semiconductor Chip Shortage Will Affect Automotive Industry Revenue
TechnologyWorld

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…

byakintundeSeptember 23, 2021
SoftBank Backed Oyo To Arrange For $1.2 Bln IPO Next Week
BusinessTechnologyWorld

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)…

byEkeminiSeptember 23, 2021September 24, 2021

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