Cloudflare seeing uptick in cyber incidents as hackers try ‘unleashing everything,’ CEO says
Cybersecurity provider Cloudflare has observed a significant rise in threats toward its customers in recent months, CEO Matthew Prince told CNBC on…
Year: 2021
Roblox revenue grows 140% in first earnings report since company went public
Roblox shares rose as much as 5% in after-hours trading, following the release of the company’s first earnings report since it went…
Bitcoin’s biggest rival just hit a record high — here’s how to mine for ethereum
Bitcoin’s biggest rival, ether, blew past $4,000 on Monday to hit a new record high. The cryptocurrency is up more than 400%…
Tom Lee is worried about ‘FANG’ and tech, favors these three sectors now amid the reopening
Fundstrat’s Tom Lee tweaked his group of reopening “epicenter” sectors and is sounding the alarm about weakness in major tech…
SolarEdge’s slide offers a buying opportunity, Bank of America says in upgrade
Bank of America upgraded shares of SolarEdge Technologies to a buy rating on Monday, saying the stock’s post-earnings sell-off is overdone. Shares…
Ford names new F-150 electric pickup Lightning with plans to reveal it May 19
Ford Motor’s upcoming all-electric F-150 pickup truck will be called Lightning, a name used by the automaker for street performance trucks…
FDA permits use of the Pfizer-BioNTech Covid vaccine in kids ages 12 to 15
The Food and Drug Administration on Monday approved Pfizer and BioNTech’s request to allow their Covid-19 vaccine to be given to kids ages…
Investors are being driven out of the flashy stocks into ‘boring’ names as the economy grows, Jim Cramer says
Many stocks that were up in Monday’s session will continue winning, while those that declined will likely keep melting down,…
Tesla, GM and Visa among the ‘Memorial Day trade’ stocks to play, Jim Cramer says
With a holiday and the summer months on the horizon, CNBC’s Jim Cramer on Monday revealed a list of stocks…
What Is Dogecoin? And Why Is It Rising And Falling With Elon Musk?
The cryptocurrency dogecoin went on a rocket ride to the moon and back over the weekend after Elon Musk poked…
Petroleum Production And The Paradox Of Plenty
Takudzwa Takunda Mutevedzi Imagine winning a million-dollar lottery but instead of rolling around in opulence and glamour for eternity, you plunge…
UK Secures £276m From G7 To Assist North-East Nigeria
ntries face. Millions of people in Yemen, South Sudan and North East Nigeria are already in crisis, the statement said.…
Ecobank Partners NiDCOM To Mobilise Nigerians Abroad For National Development
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has stated that the bank is privileged to work closely with the Nigerians in Diaspora Commission,…
Biggest Crypto Exchange Binance Briefly Suspended Withdrawals
Binance Holdings Ltd., the largest cryptocurrency exchange, briefly suspended withdrawals on Monday. The company made the announcement on Twitter that…
World’s Dollar Reserves Hit 25-Year Low
The percentage of global foreign reserves held in U.S. dollars declined to its lowest point in 25 years during the…
Wall Street Unleashes Old Tricks In $2.5 Trillion Crypto Jungle
The symbols for Bitcoin and Ethereum cryptocurrency sit displayed on a screen during the Crypto Investor Show in London, U.K.,…
Uber Raises Fares By 13% In Lagos
The economy option for Uber, popularly referred to as UberX, has been increased by 13 per cent in Lagos State.…
COVID-19: FG Returns Curfew, Restriction On Mass Gatherings
The Federal Government has re-introduced a nationwide 12am to 4am curfew as part of efforts to curtail further spread of…
SEC Steps In As More Nigerians Buy Foreign Stocks
The Securities and Exchange Commission has said it will register and actively monitor brokers selling stocks for foreign companies in…
Agency Banking … New Kid On The Block
Agency banking is one of the models being used by commercial banks to reach the unbanked across the nooks and…
Dollar Back To Where It Began The Year As Rally Burns Out
Friday’s worse-than-expected U.S. employment data saw the Bloomberg Dollar Spot Index drop decisively below its 2021 uptrend, putting it back…
China’s Much-Hyped Digital Yuan Fails To Impress Early Users
As China moves closer to rolling out the world’s first major sovereign digital currency, speculation over the global implications has…
Germany Has Agreed To Return Nigeria’s Looted Treasure. Will Other Countries Follow?
The bronze plaques from his birthplace looked strange at the British Museum. Enotie Ogbebor, a visiting artist, knew they were…
Govt Mulls Extension Of Petrol Parity Fund To Gas Supply Nationwide
The federal yesterday indicated that it is considering extending the current equalisation scheme in the petrol supply system in the…
Pound Rises As Risk Of Imminent Referendum On Scotland Recedes – BLOOMBERG
The pound strengthened after the Scottish National Party’s election showing pushed back the risk of a near-term vote on independence,…
Trade Deficit Widens To $2.51bn After Border Reopening
Nigeria’s trade deficit rose from $1.69bn in December 2020 to $2.51bn as of the end of January 2021 despite the…
Nigeria’s Revenue Threatened As India Slashes Crude Imports By $39.5bn
Nigeria’s revenue earning capacity has come under threat following the reduction of importation of crude oil by India. India, Nigeria’s…
UPDATE 1-Sterling Rises Above $1.40 For First Time Since February
The pound broke above the key $1.40 level for the first time in more than two months on Monday, reaching…
Over N3trn Unremitted Fund With MDAs – Senate
As the Senate Committee on Finance continues its investigations into revenue remittances by over 700 Ministries, Departments and Agencies(MDAs) of federal government, the committee chairman, Senator Solomon…
CBN Promises More Credit Facilities For Youths
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has reiterated the apex bank’s commitment to provide more loans to…