Jaiz Bank Net Revenue Funds To Reach N5.07 Billion By End Of Q4
Jaiz Bank Plc has projected a net operating income of N4.68bn in the fourth quarter of the year 2021. An…
Year: 2021
Cloud Exchange Collaborate With Huawei
Cloud Exchange has launched Africa’s first uptime institute tier IV modular prefabricated data centre in collaboration with Huawei. According to…
5G is 100 Times Faster Than 4G
Up to 100 times faster than 4G, 5G, the fifth generation of cellular networks, is creating never-before-seen opportunities for people…
Nigerian Business Has Long Term Potential: Procter & Gamble Company
Procter & Gamble (P&G) is raising Nigeria’s capability to earn foreign exchange (forex) through its ongoing strengthening of manufacturing and…
Insurance Industry’s Gross Premium Income (GPI) Grew By 15%
The Insurance Industry’s Gross Premium Income (GPI) grew by 15 per cent year-on-year to N592.3 billion in the financial year…
World Bank Approve $11.5 Billion Lending
The World Bank has said it approved $11.5bn in lending to Western and Central African countries for 98 operations. The…
Nigeria Exchange Limited To Democratise finance In Nigeria Technology Sector
Capital market regulating bodies and other stakeholders have called on operators in the technology industry to leverage on capital market…
Africans Win At British STEAM Competition
Three youth teams from Nigeria, Ghana and Kenya have celebrated their achievements at the British International Education Association’s 2021 International…
Tesla Top Expectation In Q3
Tesla delivered 241,300 electric vehicles during the third quarter of 2021, the company reported Saturday. The quarter’s deliveries topped expectations. Analysts…
U.S Congress Unmask Facebook Whistleblower
A Facebook whistleblower who brought internal documents detailing the company’s research to The Wall Street Journal and the U.S. Congress…
Nigeria Manufactured Import Exceed Export By 4.3 Trillion
The value of manufactured goods imported into the country exceeded exports by N4.37tn in the second quarter of 2021, according…
Investors Gain N521.46 Billion
Investors in the Nigerian Exchange Limited equities market recorded N521.46bn gain in September despite losses in 85 firms against 35…
European Union And German Agency Provide Financial Support To Nigeria Government
The European Union and the German Agency for International Cooperation on Thursday provided additional £15m as financial support to the…
Google And DeepMind Are Facing Legal Action
Alphabet’s Google and sister firm DeepMind are facing legal action for the way in which they obtained and processed over…
OYO To Issue New Shares Worth $1.16 Billion
Indian hotel chain Oyo is planning to raise about 84.3 billion rupees ($1.16 billion) in an initial public offering, according…
U.S. Fintech Start-up “Upgrade” Is Set To Join Buy Now Pay Later Market
U.S. fintech start-up Upgrade is set to enter the increasingly crowded buy now, pay later market. Upgrade, which was founded…
Lower-Income Countries Should Avoid High Interest Rate Financing : World Bank
The World Bank Group has called on lower-income countries to prioritise concessional financing and avoid the high interest rate financing…
Nigeria Debt Hit N35 Trillion
Nigeria spent N445.4bn on debt servicing payments in the second quarter of this year, the latest data obtained from the…
E-Naira Won’t Launch On Independence Day: CBN
The Central Bank of Nigeria on Thursday announced the postponement of the planned unveiling of the country’s digital currency, e-Naira.…
Visa Set To Launch Universal Payment Channel
Visa has said it is working on an interoperability system that would work across different blockchain networks and connect different…
Nigerians Can Now Access Twitter Without VPN
President Muhammadu Buhari has announced that the suspension on Twitter’s operation in Nigeria has been lifted. The president disclosed this…
NNPC Incorporation Have Been Completed: Corporate Affairs Commission
The Corporate Affairs Commission (CAC) on Wednesday, said that it has completed the incorporation of Nigerian National Petroleum Company (NNPC)…
NGX Market Capitalization Gains N382.06 Billion
At the end of Wednesday trading session, the Nigerian Exchange market closed positive amidst sell-offs and buy-interests as the benchmark…
U.S. Stock Index Futures Rose, Tech Stocks Dipped
U.S. stock index futures rose during early morning trading on Thursday, after tech stocks dipped again as investors digest the…
China International Marine Containers Acquire Danish Shipping Giant “Maersk”
Danish shipping giant, AP Moller-Maersk, will bank close to $1bn after agreeing a sale of its refrigerated container making business.…
Shell Nigeria Donates Subsea Training Facilities To University Of Port-Harcourt
Shell Nigeria Exploration Company Limited has announced that it had donated subsea training facilities worth over $700,000, about N287.88m, to…
Google Is Redesigning Dominant Search Engine
Google is redesigning its dominant search engine, and users may find that future results keep them on Google’s own properties…
OPEC Annual Statistical Bulletin Shows Drop In Nigeria Oil Reserve
The 2021 Annual Statistical Bulletin of the Organisation of Petroleum Exporting Countries released on Wednesday showed a drop of 543…
Local Chinese Government Halt Factory Production
Abrupt power cuts in parts of China are pushing some foreign companies to invest in other countries instead. In the…