Reasons FG Can’t Stop Fuel Subsidy Now – NNPC, Marketers, Experts
The Nigerian National Petroleum Corporation, oil marketers, and experts on Sunday explained why the Federal Government could not stop the…
Year: 2021
Stockbrokers To Chart Long-Term Financing Plan For Nigeria
Stockbrokers have concluded arrangements to support the government’s growth agenda by fashioning out a sustainable model for medium to long-term…
Oil, Gas Sectors Critical Part Of ESG Equation
ESG investing” has become incredibly topical with activist investors over the last couple of years, but while there is a…
Nationwide Strike Suspended by NNPC
Nigerian petroleum tanker drivers have suspended a nationwide strike that was due to start on Monday to give negotiations a…
International Monetary Fund Board Decision Hangs Over Georgieva As Annual Meetings Begin
Data-rigging allegations against International Monetary Fund Managing Director Kristalina Georgieva were set to loom over the opening of week-long IMF-World…
European Market Experienced Change After A Wavy Week
The pan-European Stoxx 600 hovered around the flatline in early trade, with travel and leisure stocks shedding 1.1% while basic…
China’s Electric Car Startup Nio And Xpeng Reached 100,000 Production Within Six Year
China’s electric car companies are racing to ramp up production, faster than Tesla did in its early days. U.S.-listed start-up…
Asia Shares Edged Higher, Rising Yields Lift Dollar As Oil Surges
Asian shares edged higher on Monday courtesy of gains in China which also helped U.S. stock futures pare early losses…
Nigeria Comes Sixth In Countries With Highest Exposure To Funds And Support From International Finance Corporation
Nigeria has been rated sixth among the top 10 countries with the highest exposure to funds and support from the…
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…
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…
Citi Launch Holistic Digital Policy
Citi has launched its latest Global Perspectives & Solutions (Citi GPS) report, entitled: ‘’Holistic Digital Policy – Nation States Must…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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.
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…
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…
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…
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…