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Day: November 2, 2021

Tesla Recalls U.S Vehicles Sold Since 2017 Due To Communication Error
BusinessMarketTechnologyWorld

Tesla Recalls U.S Vehicles Sold Since 2017 Due To Communication Error

Tesla Inc is recalling nearly 12,000 U.S. vehicles sold since 2017 because a communication error may cause a false forward-collision warning or…

byakintundeNovember 2, 2021
Elon Musk To Help Fight World Hunger With $6 Billion But With A Clause
BusinessInvestingMarketTechnologyWorld

Elon Musk To Help Fight World Hunger With $6 Billion But With A Clause

Elon Musk is now worth more than $300 billion, and he’s apparently ready to start spending. The Tesla and SpaceX CEO —…

byakintundeNovember 2, 2021
Chip Shortage Force Apple To Substitute Production Of Ipad Tablet For Iphone 13
BusinessMarketTechnologyWorld

Chip Shortage Force Apple To Substitute Production Of Ipad Tablet For Iphone 13

Apple has cut back production of iPad tablets to allocate more components to the iPhone 13, a sign the global…

byakintundeNovember 2, 2021November 2, 2021
Dangote Cement Records 34.2 Percent Revenue Growth In Nine Month
AfricaBusinessInvestingLocalMarket

Dangote Cement Records 34.2 Percent Revenue Growth In Nine Month

Dangote Cement Plc, the largest Cement producer with nearly 48.6Mta capacity across Africa, published nine-month results, showing a strong 34.2…

byakintundeNovember 2, 2021November 2, 2021
International Breweries Recorded 32.1% 2021 Q3 Revenue Growth
AfricaBusinessLocalMarketTrade

International Breweries Recorded 32.1% 2021 Q3 Revenue Growth

International Breweries recorded a revenue growth of 32.1% to N46.43 billion in the third quarter of 2021. This is contained…

byakintundeNovember 2, 2021
Electric Vehicle Start-Up “Rivian Automotive” Targets $54.6 Million
BusinessMarketTechnologyWorld

Electric Vehicle Start-Up “Rivian Automotive” Targets $54.6 Million

Electric vehicle start-up Rivian Automotive is targeting a market valuation of as much as $54.6 billion in its upcoming initial…

byakintundeNovember 2, 2021November 2, 2021
E-Naira:Phone Application For People Without Bank Account To Be Release Soon
AfricaLocalTechnology

E-Naira:Phone Application For People Without Bank Account To Be Release Soon

The Chief Executive Officer of Bitt Inc., Brian Popelka, has said a phone application for people without bank accounts will…

byakintundeNovember 2, 2021
Federal Government To Ensure The Reduction Of Insider Abuse Of Nuclear Assets
AfricaLocal

Federal Government To Ensure The Reduction Of Insider Abuse Of Nuclear Assets

The federal government, through the National Atomic Energy Commission (NAEC), has underscored the need to ensure the reduction of insider…

byakintundeNovember 2, 2021
Facebook Launch Programme Themed “My Digital World” In Sub-Saharan Africa Countries
AfricaBusinessLocalTechnology

Facebook Launch Programme Themed “My Digital World” In Sub-Saharan Africa Countries

Facebook has announced the launch of the 2021 edition of a digital literacy programme aimed at equipping young people and…

byakintundeNovember 2, 2021
Introduction Of Hostile Economic Policies Drops Nigeria Volume Of Import Via Benin Republic By 95%
AfricaBusinessLocalMarket

Introduction Of Hostile Economic Policies Drops Nigeria Volume Of Import Via Benin Republic By 95%

The volume of imports into Nigeria through its neighbor, Benin Republic, has continued on a downward slide through July and…

byakintundeNovember 2, 2021
FRC Vows To Deal With Banks That Gives Loan To Government And Agencies Without Due Process
AfricaBankingLocal

FRC Vows To Deal With Banks That Gives Loan To Government And Agencies Without Due Process

Fiscal Responsibility Commission has vowed to engage the services of the Independent Corrupt Practices and Other Related Offences Commission and…

byakintundeNovember 2, 2021
Power Generation In Nigeria Dropped From 4,224.9MW  To 3,844.3MW
BusinessLocalTechnology

Power Generation In Nigeria Dropped From 4,224.9MW To 3,844.3MW

Power generation in Nigeria dropped from a peak of 4,224.9MW on Sunday to 3,844.3MW by 6am on Monday, data obtained…

byakintundeNovember 2, 2021
SEC Urge Stockbrokers To Create Innovative Financial Products
AfricaInvestingLocalMarket

SEC Urge Stockbrokers To Create Innovative Financial Products

The Securities and Exchange Commission (SEC) has urged operators to create innovative financial products that would support businesses, boost market…

byakintundeNovember 2, 2021
Nigeria Routes Airfares Surge Higher
BusinessLocalTechnologyWorld

Nigeria Routes Airfares Surge Higher

The lingering shortage of foreign exchange in Nigeria has forced the naira to crash against the United States dollar on…

byakintundeNovember 2, 2021
Equities Market Resumes November Trading On A Downturn Note
AfricaInvestingLocalMarket

Equities Market Resumes November Trading On A Downturn Note

The equities market resumed trading for the month of November on a downturn note yesterday, as market capitalisation declined by…

byakintundeNovember 2, 2021November 2, 2021
Transnational Corporation of NigerIs Q3 Profit Before Tax Rises By 671 Percent
AfricaBusinessLocal

Transnational Corporation of NigerIs Q3 Profit Before Tax Rises By 671 Percent

Transnational Corporation of Nigeria Plc has said its profit before tax rose by 671 per cent in the third quarter…

byakintundeNovember 2, 2021
Tesla Is Yet Sign A Contract With Rental Car Company “Hertz”: Elon Musk
BusinessInvestingTechnologyWorld

Tesla Is Yet Sign A Contract With Rental Car Company “Hertz”: Elon Musk

Tesla CEO Elon Musk said on Monday night that his electric vehicle company has yet to sign a contract with…

byakintundeNovember 2, 2021
ByteDance’s Finance Chief To Step Down And Focus On Role As Tiktok CEO
BusinessTechnologyWorld

ByteDance’s Finance Chief To Step Down And Focus On Role As Tiktok CEO

TikTok owner ByteDance’s finance chief will step down to focus on his role as CEO of the short video app,…

byakintundeNovember 2, 2021

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