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Day: October 7, 2021

Crypto Exchange Binance Says Ireland Is Part Of Its HQ Plans
Technology

Crypto Exchange Binance Says Ireland Is Part Of Its HQ Plans

Major cryptocurrency exchange Binance sees Ireland as part of its plans to establish a number of headquarters across the world,…

byEkeminiOctober 7, 2021
Tesla’s Gigafactory Electrifies California-Germany Culture Clash
BusinessWorld

Tesla’s Gigafactory Electrifies California-Germany Culture Clash

 With final approval for its German factory potentially just weeks away, Tesla. Elon Musk will make an appearance in the…

byEkeminiOctober 7, 2021
U.S. Lenders Expected To Report High Third Quarters Results, Iffy Loan Outlook
BusinessMarket

U.S. Lenders Expected To Report High Third Quarters Results, Iffy Loan Outlook

The largest U.S. lenders are expected to report moderately higher third-quarter profits next week as pandemic-related accounting adjustments that had…

byEkeminiOctober 7, 2021
We Haven’t Borrowed Beyond Sustainable Limit: Nigeria’s President
AfricaLocal

We Haven’t Borrowed Beyond Sustainable Limit: Nigeria’s President

President Muhammadu has justified his quest for more financial borrowings, saying that the debt of the federal government was within…

byakintundeOctober 7, 2021October 7, 2021
China Forex Reserves Fall To Lowest Since April
BusinessMarketTradeWorld

China Forex Reserves Fall To Lowest Since April

China’s foreign exchange reserves fell almost 1% in September from the previous month, official data showed on Thursday, hitting their…

byakintundeOctober 7, 2021
UK Online Grocer Ocado To Invest $13.6 Million In Driverless Technology Startup Wayve
BusinessTechnologyWorld

UK Online Grocer Ocado To Invest $13.6 Million In Driverless Technology Startup Wayve

British online grocer Ocado is investing 10 million pounds ($13.6 million) in self-driving technology startup Wayve and a partnership to…

byakintundeOctober 7, 2021
Nigeria Total Pension Assets Have Risen To Over N13 Trillion: PenCom
AfricaInvestingLocal

Nigeria Total Pension Assets Have Risen To Over N13 Trillion: PenCom

National Pension Commission (PenCom) says the nation’s total pension assets have risen to over N13 trillion. Director-general of the pension…

byakintundeOctober 7, 2021
International Airlines Plan Airfare Hike Of At Least $2.3bn (N950bn)
AfricaLocalTechnologyWorld

International Airlines Plan Airfare Hike Of At Least $2.3bn (N950bn)

Airfare hikes by international airlines operating flights into Nigeria and other countries may be imminent as airport and air navigation…

byakintundeOctober 7, 2021
Applovin Buys Twitter Mobile Advertising Network “MoPub”
BusinessTechnologyWorld

Applovin Buys Twitter Mobile Advertising Network “MoPub”

Twitter on Wednesday announced the sale of its MoPub mobile advertising network to AppLovin, a game developer and ad-tech company,…

byakintundeOctober 7, 2021
Bitcoin Hit Its Highest Level “$55,000” Since May 2021
BusinessTechnologyWorld

Bitcoin Hit Its Highest Level “$55,000” Since May 2021

Bitcoin just made a major comeback. The cryptocurrency rallied on Wednesday, topping $55,000 and hitting its highest level since mid-May.…

byakintundeOctober 7, 2021
Nigeria E-Payment Rose By 6.37% In September
AfricaBankingLocalTechnology

Nigeria E-Payment Rose By 6.37% In September

The value of e-payment transactions in Nigeria rose by 6.37 per cent to N24.08tn in September. This was according to…

byakintundeOctober 7, 2021
World Bank Growth Projection Of Nigeria Economy Change From 1.8% To 2.4%
AfricaBankingLocal

World Bank Growth Projection Of Nigeria Economy Change From 1.8% To 2.4%

The World Bank has said Nigeria’s economy is projected to grow by2.4 per cent in 2021. This is an increase…

byakintundeOctober 7, 2021
Rise In Global Oil Prices And Naira Depreciation Leads To Rise In Price Of Diesel
AfricaBusinessLocalMarket

Rise In Global Oil Prices And Naira Depreciation Leads To Rise In Price Of Diesel

Fuel marketers have increased the price of Automotive Gas Oil, also known as diesel, to N320 per litre as the…

byakintundeOctober 7, 2021October 7, 2021
Nigeria Banks Begin Application Of E-Naira Features
AfricaLocalTechnology

Nigeria Banks Begin Application Of E-Naira Features

Banks have started to onboard the e-Naira feature on their applications. In its latest update, the Guaranty Trust World app…

byakintundeOctober 7, 2021

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