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Month: October 2021

Nigerian Communication Commission Inaugurates Incidence Response Facility For CyberCrime
AfricaLocalTechnology

Nigerian Communication Commission Inaugurates Incidence Response Facility For CyberCrime

The Nigerian Communications Commission (NCC) has inaugurated an incidence response facility, aimed at addressing incidences of cybercrime, protecting telecoms infrastructure…

byakintundeOctober 11, 2021
Adiwale Partners Made Final Close Of  It’s First Fund For Investment In Francophone Africa
AfricaInvestingLocal

Adiwale Partners Made Final Close Of It’s First Fund For Investment In Francophone Africa

Private equity firm Adiwale Partners has made a final close of its first fund, nearly two years after making a first close…

byakintundeOctober 11, 2021
Citi Launch Holistic Digital Policy
AfricaLocal

Citi Launch Holistic Digital Policy

Citi has launched its latest Global Perspectives & Solutions (Citi GPS) report, entitled: ‘’Holistic Digital Policy – Nation States Must…

byakintundeOctober 11, 2021October 11, 2021
Africa50 Launch $500 Million Infrastructure Acceleration Fund
AfricaInvestingLocal

Africa50 Launch $500 Million Infrastructure Acceleration Fund

Africa50, a pan-African investment platform, has launched $500 million Infrastructure Acceleration Fund to bridge the continent’s infrastructure gap. Africa50’s investor…

byakintundeOctober 11, 2021
Stone Three Get Funding From Venture Capital Firm “Knife Capital”
AfricaBusinessInvestingLocal

Stone Three Get Funding From Venture Capital Firm “Knife Capital”

Cape Town-based Stone Three, an industrial internet of things (IoT) firm, has secured funding from venture capital firm Knife Capital…

byakintundeOctober 11, 2021
AfricInvest Acquires Minority Stake In Royal Exchange General Insurance Company
AfricaBusinessInvestingLocal

AfricInvest Acquires Minority Stake In Royal Exchange General Insurance Company

AfricInvest, a leading Pan-African asset management company has announced the acquisition of a minority stake in Royal Exchange General Insurance…

byakintundeOctober 11, 2021
Nigeria Seeks participation In Business Jet Services
AfricaLocalTechnologyWorld

Nigeria Seeks participation In Business Jet Services

Nigerian operators are seeking more participation in the global luxury travel market estimated to grow by $1,232.77 trillion between 2021…

byakintundeOctober 11, 2021October 11, 2021
Foreign Airlines To Reduce Number Of Ticket On Nigeria Route Due To Dollar Scarcity
BusinessLocalWorld

Foreign Airlines To Reduce Number Of Ticket On Nigeria Route Due To Dollar Scarcity

As the naira crisis continues to worsen, foreign carriers operating in Nigeria have begun moves to reduce the total number…

byakintundeOctober 11, 2021
Crude Oil Benchmark “Brent” Rise To $82.39 Per Barrel
AfricaLocalMarketTradeWorld

Crude Oil Benchmark “Brent” Rise To $82.39 Per Barrel

Crude oil prices settled higher on the back of tightened supply balances and a weak United States employment report that…

byakintundeOctober 11, 2021
Nigeria Equity Market Investors Gain N340.29 Billion
AfricaBusinessLocalMarket

Nigeria Equity Market Investors Gain N340.29 Billion

Investors in the Nigerian equities market earned N340.29bn as trading ended on the floor of the Nigerian Exchange Limited on…

byakintundeOctober 11, 2021
Meituan Get $534.3 Million Fine From China’s State Administration for Market Regulation
BusinessMarketTechnologyWorld

Meituan Get $534.3 Million Fine From China’s State Administration for Market Regulation

Meituan shares surged over 9% on Monday, leading China technology stocks higher, after the food delivery giant was slapped with…

byakintundeOctober 11, 2021
MTN Nigeria: Service Meltdown Just As It Gets Approval To Issue Debt
BreakingLocalMarket

MTN Nigeria: Service Meltdown Just As It Gets Approval To Issue Debt

The Punch gathered that customers were unable to use the mobile network operator’s call, data and SMS services. As a result,…

byEkeminiOctober 9, 2021October 9, 2021
MTN Nigeria Get SEC Approval To Launch Its series II Bond
AfricaLocalMarketTechnology

MTN Nigeria Get SEC Approval To Launch Its series II Bond

The Securities and Exchange Commission (SEC) has granted MTN Nigeria Communications approval to launch its series II 10-year Fixed Rate…

byakintundeOctober 9, 2021October 9, 2021
18 NBA Veterans Arrested For Conspiracy To Defraud NBA Health Plan
BreakingWorld

18 NBA Veterans Arrested For Conspiracy To Defraud NBA Health Plan

An alleged scheme to defraud the NBA health plan of millions of dollars has led to the arrest and indictment…

byakintundeOctober 9, 2021October 9, 2021
Federal Government Of Nigeria Allocated N5.93 Trillion To Critical Sectors
AfricaLocalMarket

Federal Government Of Nigeria Allocated N5.93 Trillion To Critical Sectors

The Federal Government has allocated the sum of N5.93tn to critical sectors of the economy including defence, health, education and…

byakintundeOctober 9, 2021
Apple Plan New Regional Headquarter Location In Los Angeles
MarketTechnologyWorld

Apple Plan New Regional Headquarter Location In Los Angeles

Apple will build a new regional headquarters at the border of Culver City and Los Angeles, the company said on…

byakintundeOctober 9, 2021
Groundbreaking Malaria Vaccine Recommended By WHO
BreakingFeaturesWorld

Groundbreaking Malaria Vaccine Recommended By WHO

“This a historic moment. The long-awaited malaria vaccine for children is a breakthrough for science, child health and malaria control,” said WHO Director-General Dr Tedros Adhanom Ghebreyesus.

byEkeminiOctober 9, 2021
U.S. Oil Benchmark Crossed $80 Per Barrel First Time Since 2014
MarketTradeWorld

U.S. Oil Benchmark Crossed $80 Per Barrel First Time Since 2014

West Texas Intermediate crude futures, the U.S. oil benchmark, crossed $80 per barrel on Friday for the first time since…

byakintundeOctober 8, 2021
Singapore-Based Shopee To Launch Online In Spain, Social Media Account
Technology

Singapore-Based Shopee To Launch Online In Spain, Social Media Account

Shopee, the e-commerce arm of Southeast Asia’s Sea Ltd, plans to launch online sales in Spain via its website and…

byEkeminiOctober 8, 2021
Dutch Watchdog Finds Apple App Store Payment Rules Anti-Competitive – Sources
Technology

Dutch Watchdog Finds Apple App Store Payment Rules Anti-Competitive – Sources

The Dutch antitrust authority has found that Apple’s rules requiring software developers to use its in-app payment system are anti-competitive…

byEkeminiOctober 8, 2021
TSMC And Sony Granting Joint Chip Factory, Japan Government To Assist -Nikkei
Technology

TSMC And Sony Granting Joint Chip Factory, Japan Government To Assist -Nikkei

Taiwan’s TSMC and Japan’s Sony Group Corp are considering jointly building a chip factory in Japan, with the government ready to pay…

byEkeminiOctober 8, 2021
Europe’s Record Initial Public Offerings Year Has A Swindle In Its Tail
BusinessMarket

Europe’s Record Initial Public Offerings Year Has A Swindle In Its Tail

Europe’s record year for initial public offerings (IPOs) is threatening to come to a juddering halt as inflation fears and…

byEkeminiOctober 8, 2021
Stocks Slip Yet Holding Weekly Gain Ahead Of U.S. Jobs Data
BusinessMarket

Stocks Slip Yet Holding Weekly Gain Ahead Of U.S. Jobs Data

European shares slipped on Friday but held most of the previous session’s gains as investors welcomed the U.S. Senate’s temporary…

byEkeminiOctober 8, 2021October 8, 2021
California Was A Difficult Place: Elon Musk On Moving Company’s Headquater
BusinessMarketTechnologyWorld

California Was A Difficult Place: Elon Musk On Moving Company’s Headquater

Chief executive Elon Musk announced the move at the electric carmaker’s annual shareholders’ meeting in Austin. Mr Musk had fallen…

byakintundeOctober 8, 2021October 8, 2021
Naira Exchange At N414.67 To $1 Officially
AfricaLocalMarketTradeWorld

Naira Exchange At N414.67 To $1 Officially

The exchange rate between the naira and the US dollar closed at N414.67/$1, at the Investors and Exporters window, where…

byakintundeOctober 8, 2021
Nigeria Fintech Provider Attracted Over $1 Billion Investment In Six Years
AfricaLocalTechnology

Nigeria Fintech Provider Attracted Over $1 Billion Investment In Six Years

The Nigerian financial technology providers, fintechs, have attracted at least $1 billion (about N410.82 billion) investments in six years. This…

byakintundeOctober 8, 2021
Co-Impact To Give Grant For Promotion Of Gender Equality
AfricaLocalWorld

Co-Impact To Give Grant For Promotion Of Gender Equality

Co-Impact has reiterated its commitment to raising and deploying $1 billion, through its Gender Fund, to initiatives working to advance…

byakintundeOctober 8, 2021October 8, 2021
Samsung Share Falls Due To Global Chip Shortage
BusinessMarketTechnologyWorld

Samsung Share Falls Due To Global Chip Shortage

Samsung Electronics shares failed to hold onto earlier gains on Friday after the company said its operating profit for the…

byakintundeOctober 8, 2021
Nigeria Lose N103.92 Million From 2976 Hour Twitter Ban
AfricaLocalTechnology

Nigeria Lose N103.92 Million From 2976 Hour Twitter Ban

The Nigerian government had on June 4 ordered the suspension of Twitter. Recently, the President, Major-General Muhammadu Buhari (retd.) said,…

byakintundeOctober 8, 2021October 8, 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

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