Top 50 Brand Recognition For MTN Nigeria and Dangote Group
Dangote Group and MTN Nigeria Plc have been recognised for their brand image and presence in the Nigerian market by…
Month: October 2021
Piggyvest: No User Fund Has Experienced Any Loss Of Any Kind
An ongoing report making rounds on social media claims that Piggyvest lost N2 billion in an alleged scam involving a…
Chinese EV Maker Xpeng’s Flying Car Aim To Roll Out In 2024
HT Aero, the flying car company backed by Chinese electric carmaker Xpeng Inc. and its founder, raised more than $500…
E-Commerce “Sendbox” Raise $1.8 Million
An e-commerce fulfillment company for small merchants, Sendbox, has raised $1.8m to help small merchants fulfill their e-commerce orders. According…
DPR, PPPRA, PEF Get Scrapped By Federal Government Of Nigeria
The Department of Petroleum Resources, the Petroleum Products Pricing Regulatory Agency and the Petroleum Equalisation Fund are all officially scrapped…
Crypto Fraud Costs More Than $200 Million This Year, U.K. Police Say
Fraud linked to cryptocurrencies surged in the first nine months of the year, U.K. Police said, with victims cheated out…
Oil Prices Could Be Higher For Much Longer Says Goldman Sachs
Oil prices could stay at higher levels in the years to come as demand rebounds while supply remains tight, according…
Circulation Currency Rises To N2.84tn, Says CBN
The currency in circulation rose by N58.36bn to N2.84tn in September from N2.79tn in August, the latest figures obtained from…
Oil Continues Gain After Eighth Weekly Advance On Energy Crisis
Oil advanced at the open of trading in Asia after an eighth weekly gain with the market facing a global…
Operating Licences Canceled By FG For 2 Oil Firms Over Unfair Labour Practices, Other Infractions
The Federal Government, through the Department of Petroleum Resources, DPR, the regulatory agency in the Nigeria Oil and Gas Industry, …
Federal Government Raises PPPRA, CBN, Others’ Revenue Targets By N754.31bn
The Federal Government has reviewed upwards the independent revenue projection for Ministries, Departments and Agencies in the 2022 fiscal period…
European Market Trading Week Start On A Dull Movement
European stocks pulled back on Monday as global markets geared up for more big earnings reports. The pan-European Stoxx 600…
Facebook To Create 10,000 Jobs In European Union Over The Next Five Years
Facebook plans to create 10,000 jobs in the European Union over the next five years in a push to build…
OPPO Launches New IOS
OPPO, a Chinese consumer electronics and mobile communications company, has launched a global version of its ColorOS 12. According to…
Nigerian Exchange Group List Its Issued And Fully Paid Share
Nigerian Exchange Group Plc has listed its entire issued and fully paid 1,964,115,918 ordinary shares of 50 kobo each at…
China Continuity Of Internet Censorship Expansion Leads To Shutdown Of LinkedIn In China
Microsoft announced Thursday it will shut down its local version of LinkedIn in China as the country continues to expand its censorship of…
Bitcoin Tops $60,000, Nears Record High, On Growing U.S. ETF Hopes
Bitcoin hit $60,000 for the first time in six months on Friday, nearing its record high, as traders grew confident…
Nigerians In Diaspora: Yemi Edun Selected For 2022 Power-List Published In Partnership With JP Morgan And PWC
Nigerian-born London property expert and acquisition agent, Yemi Edun, also the founder and CEO of Daniel Ford & Co and…
Nigeria Stock Exchange Market Capitalisation Rise By N41.06 Billion
The market capitalisation of equities in the Nigerian Exchange Limited rose by N41.06bn on Thursday as investors’ trading volume jumped…
FG Reviews PPPRA, CBN, Others’ Revenue Targets By 71.09 Percent
The Federal Government has reviewed upwards the independent revenue projection for Ministries, Departments and Agencies in the 2022 fiscal period…
Powell Still Favorite For Fed Reinstatement But Investors Examine Alternatives
Jerome Powell may still be the clear favorite to get renominated as Federal Reserve Chairman, but some investors are considering…
Flutterwave Set To Triple Last Valuation
Flutterwave Inc., a Nigerian payments firm, is seeking fresh funding at a valuation of $3 billion or more, a figure…
Naira Depreciate By 0.19 Percent
The value of the naira fell further by 1.68 per cent against the dollar at the official market on Thursday.…
United Wholesale Mortgage Stop Plan To Accept Payment In Crypto
U.S. homebuyers apparently aren’t all that interested in paying their mortgages in cryptocurrencies like bitcoin. United Wholesale Mortgage, which made…
ABCON Seeks Measures To Curb Naira Depreciation
The Association of Bureaux De Change Operators of Nigeria (ABCON) has advocated measures to curb the continued depreciation of the…
Facebook To Train Next-Generation Artificial Intelligence Model
Facebook on Thursday announced a research project in which it collected 2,200 hours of first-person footage from around the world…
House Of Representative Expressed Concern Over High Rate Debt Servicing: 2022 Budget
As the legislative debate on the 2022 budget, which was presented to the joint session of lawmakers by President Muhammadu…
Absa Africa’s Financial Index Ranked Nigeria As Third Attractive Destination For Foreign Investment
The Absa Africa Financial Markets Index 2021 (AAFMI) has ranked Nigeria as the third most attractive country in Africa for…
CBN Revises Regulations, To Sanction BVN Violators
The Central Bank of Nigeria (CBN) has revised its regulatory framework for Bank Verification Number (BVN) operations noting that violators…