Apple IPhone 13 Gets Over 2 Million Pre-Order From Chinese Consumer
More Chinese consumers are rushing to order Apple’s latest iPhone now than last year, according to a South China Morning…
Month: September 2021
Nigeria: Lagos Chamber of Commerce and Industry Demand For Adjustment Of Sharing Formula Of Taxes
The Lagos Chamber of Commerce and Industry (LCCI) has advised that the current sharing formula of taxes for states and local…
Stock Market Experiencing Gradual Slow Down
The land mines for the markets are becoming more numerous. Seasonal weakness is combining with continuing uncertainty over the impact…
Debt Management Office Disclose Nigeria’s Public Debt
The Debt Management Office (DMO) has disclosed that Nigeria’s public debt, comprising domestic and external obligations of the Federal Government,…
United State Treasury Yields Rise Ahead Of Jobless Claims Figures
United State Treasury yields rose slightly on Thursday morning, ahead of the release of weekly jobless claims data. The yield…
Goggle Cloud Engineering Uint Get Reorganized
Google Cloud CEO Thomas Kurian is shaking up the unit’s engineering organization in hopes of gaining market share more quickly.…
Nigeria: Dollar Scarcity Thwart Sale Of Shell Petroleum Asset
The Chief Executive Officer of the Guaranty Trust Holding Company Plc, Mr Segun Agbaje, has said that Nigerian lenders likely…
Nigeria: Composite Food Inflation Rise By 20.30%
The National Bureau of Statistics on Wednesday said that the composite food index rose by 20.30 per cent in August…
China’s Yuan Falls On COVID-19 Outbreaks In Fujian, Disappointing Data
The yuan eased against the dollar on Wednesday, as outbreaks of coronavirus Delta variant infections raised concerns over China’s economic…
Federal Government Of Nigeria In Partnership With Konga
The Minister of Youth and Sports Development Sunday Dare during the signing of a landmark partnership between Konga and the…
Oil Palm Startup In Nigeria Raises $4 Million To Build A “Smart” Factory
Besides being a key ingredient for cooking jollof rice, vegetable oil is used industrially in paints, soaps, biofuels, and lubricants.…
Bureaus De Change Operator’s And $34billion Diaspora Remittances
The CBN should institute a framework that allows BDCs, which have automated their operations, to receive the estimated $34 billion…
Nigerian Minister Advocates Capital Punishment For Unlawful Miners
The Minister of State for Solid Minerals, Mines, Steel Development, and Metallurgy, Dr. Uche Ogah has called on the National…
Central Bank Of Nigeria Set To Launch Infrastructure Fund ‘Infracorp’ In October.
The Central Bank of Nigeria announced that InfraCorp Plc, the N15trn Infrastructure Fund which will boost funding for capital projects,…
Canadian Dollar Increased As Softer U.S. Inflation Data Clips Greenback
The Canadian dollar on Tuesday strengthened against its U.S. counterpart for a second day as oil prices rose and data…
Fail Retail Demand For U.S. Stocks Could Hit S&P 500
Retail investors’ appetite for U.S. stocks has fallen in the past week, data from Vanda Research showed on Wednesday, increasing…
Nigeria: Phishing Attack On Business On The Rise Since The Start Of Pandemic
About 66 percent of Nigerian firms have reported an increase in phishing attacks since the pandemic started. Sophos, a cybersecurity…
Former Amazon Executive And Fintech CEO Have Been Hired To Lead Day-To-Day Operations Of Investing And Savings App “Acorns”
Investing and savings app Acorns has hired a former Amazon executive and fintech CEO to lead day-to-day operations ahead of the start-up’s debut as…
Google Gives More Than $10 Billion For Consumer Advantages In S.Korea
Alphabet Inc’s Google said on Wednesday its presence in South Korea equates to nearly 12 trillion won ($10.16 billion) in…
Naira Depreciates Further In The parallel market; Exchanges At N557 To $1
Naira depreciates as the exchange rate at the parallel market depreciated again to another all-time low on Tuesday to close…
U.S. Import Values Post their First Decline In Ten Months
U.S. import prices fell for the first time in 10 months in August amid a decline in the costs of…
Goldman Sachs Expand By Acquiring “Buy Now Pay Later Fintech” Greensky
Goldman Sachs is acquiring digital lender GreenSky for $2.24 billion as the investment bank pushes further into consumer finance. Greensky shares soared higher…
Weber, Microsoft, Canadian National Railway Are Stocks Leading In Pre-Market
Weber (WEBR) – The grill maker’s stock jumped 3.8% in the premarket, following its first quarterly report since going public…
Singapore: Carousell An Online Marketplace Is Now Valued At $1.1 Billion
The Singapore-based Carousell said it is now valued at $1.1 billion — which makes it Southeast Asia’s latest unicorn, a start-up worth more than a billion dollars.
Double-Digit inflation Rate Drove Ten Nigeria Banks Operating Expenses By Seven Percent To N932.26billion
Despite the bountiful profits reported by deposit money banks in the country in their Q2 reports, it has emerged that…
China Data Casts A Fall Over Global Recovery, Prompting A Sharp Increase In UK Prices
Global stocks eased on Wednesday as weaker-than-expected Chinese data cast a pall over economic recovery and a spike in UK…
ECO-Green Buses Get Introduced To Nigeria By Austrian Technologies
Austrian Technologies Nigeria, a natural gas-powered vehicle manufacturer, has disclosed details of its full range of ECO-Green buses, some of…
Nigeria Cryptocurrency Market Experience Over 1000% Growth In One Year
The cryptocurrency market in Nigeria and other African countries have grown by 1200 per cent in one year. This was…
Nigeria’s Inflation slides For Five Consecutive Month
The Consumer Price Index which measures inflation rate fell to 17.01 per cent in August, the National Bureau of Statistics…
US Inflation Data Shows a Mixed Treasury Yeild
United State Treasury yields were mixed on Wednesday morning, following data which showed lower-than-expected inflation. The yield on the benchmark…