MTN Group Concluded Plans To Sell 575Million Shares To Nigerian Investors
MTN Group, the parent company of Nigeria’s telecom giant, MTN Nigeria, which controls 40 per cent market share, has…
Daily Archives
November 4, 2021
United Kingdom Became The First Country To Approve Anti-Covid Pill
Britain on Thursday approved the use of Merck’s antiviral pill to treat patients suffering from mild to moderate…
N5.7 Trillion Spent For Darkness Eight Years After Privatisation In Nigeria
In what most industry players and consumer right groups, yesterday, described as payment for darkness, Nigerians,…
Federal Government Begins Clamp Down On Banks Aiding ‘Fiscal Carelessness’ Of…
The Federal Government may begin to clamp down on banks and other financial institutions aiding “fiscal…
Debt Management Office To Issue N250Billion Sukuk Bond
The Debt Management Office (DMO) says it will issue about N250 billion Sukuk to finance road projects.The DMO said…
Qualcomm Diversification Effort For Chip Portfolio Pay Off
Qualcomm Inc on Wednesday forecast better-than-expected profits and revenue for its current quarter on soaring…
Square Shareholders Approves Issuance Of New Shares
Square Inc shareholders have approved the issuance of new shares for the U.S. company's $29 billion purchase of…
NCC Assures Of Renewed Commitment To Collaborate With Industry Stakeholders
The telecoms industry regulator, Nigerian Communications Commission (NCC), has assured Nigerians of its renewed…
Nigeria Stock Exchange: Trading Of Financial Derivatives Will Assist In Developing…
The Nigeria Exchange Limited (NGX) has stated that trading of financial derivatives in Nigeria through the…
Nigerian National Petroleum Corporation Contribution To Federation Account Dropped…
The total contribution of the Nigerian National Petroleum Corporation (NNPC) to the federation account dropped by…
CBN: Nigeria’s External Reserves Increase By $5.05 Billion
Nigeria’s external reserves rose by $5.05bn in October, the latest data from the Central Bank of Nigeria showed on…
Facebook Respond To Privacy Concern, To Shut Down Facial Recognition
Scandal-hit Facebook is shutting down its long-criticized facial recognition system and deleting scan data on a…
NIPC Announce $8.99 Billion Investment With Lagos State Topping The List With 81…
The Nigerian Investment Promotion Commission (NIPC) said it tracked $8.99 billion as investment announcements in…
Microsoft Announces Mesh For Microsoft Teams
Microsoft is launching Mesh for Microsoft Teams , a service that combines the AR/VR capabilities of Microsoft Mesh…
Mark Zuckerberg Commented As Jay-Z Joins Instagram For The First Time
American rapper and music executive, Shawn Corey Carter, known professionally as Jay-Z, has joined one of the…
94 Percent Of Yearly Pharmaceutical And Medicinal Needs Importation Cost Africa At…
Pharmacists under the aegis of the Pharmaceutical Society of Nigeria (PSN), yesterday, said Africa loses at least…
Swiss Bank “Credit Suisse” Gain Got Hit By Major Litigation Charge
Credit Suisse has beaten analyst estimates for the third quarter, but took a hit from charges settling allegations…
Tencent Launch Three Own Made Chips
Tencent on Wednesday launched three chips it developed, marking the first time the Chinese internet giant has…
U.S Tech Giant “Google” Amended Its Payment Policy For The First Time
Alphabet's Google said on Thursday it plans to allow third-party payment systems in South Korea to comply with a…
Indian Fintech “Paytm” Allocates $1.11 Billion Shares To Over 100 Investors
Ant Group-backed fintech firm Paytm said it has allocated shares worth 82.35 billion rupees ($1.11 billion) to more…
Lenovo Report 65 Percent Profit in Q2
China's Lenovo Group, the world's biggest maker of personal computers, said that a global chip shortage remained a…
Nigerian Navy Sign Contract To Purchase Offshore Patrol Vessels
The Nigerian Navy yesterday signed a contract with a Turkish company, Messrs Dearsan Shipyard Limited for the…
Acceptance Of £20 And £50 Old Notes To End By December 31st: Deposit Money Banks
Deposit Money Banks in Nigeria have issued a deadline of December 31, 2021 for the acceptance of old £20 and £50…
JAMB Recorded N3.51 Billion As Part Of 3021 Operating Surplus
The Joint Admissions and Matriculation Board (JAMB) has remitted the sum of N3.51 billion to the national treasury…
NCC Engage Stakeholders On 5G Implementation In Nigeria
The Nigerian Communications Commission says it engage stakeholders this week on the Fifth Generation spectrum…
E-Naira Is More Reliable Than Cryptocurrency: CBN
The Central Bank of Nigeria has said that the eNaira is more reliable than cryptocurrencies.
The CBN Director of…