Google Restores Crowwe App On Playstore After Major Improvement
Nigeria’s social media network Crowwe is back on the Play Store and App store for both android and IOS mobile phone…
Year: 2021
Nigeria: TikTok Bans Viral Milk Crate Challenge Over Safety Concerns
TikTok has banned the popular “milk crate challenge” from its platform due to concerns that users participating in the trend…
Nigeria: Flashy GDP Data And The Broken Window Fallacy
Nigeria, like any other economy, maybe climbing out of the deep hole. Nothing understates this better than the recent recovery…
6 Years After Selling Stakes In Dangote Flour Mills, Tiger Brands Agrees To Divest From UAC Foods
Tiger Brands, a South African food company, has reached an agreement with UAC of Nigeria Plc (UACN) to sell its…
Atedo Peterside Doubts Nigeria’s NNPC N287bn Profit, Challenges Corporation
Founder of IBTC Stanbic Bank, Atedo Peterside, has challenged the Nigerian National Petroleum Corporation to clarify allegations that it dipped…
Nigeria: NGX Creates Hybrid Market, Access To Capital Via Bonds
It is believed that the short term funding profile of the money market makes it unsuitable for project infrastructure investment…
Nigeria: Forex Transactions At Investors, Exporters’ Window Rise 59.37%
Foreign exchange transactions at the Investors’ & Exporters window increased by 59.37 per cent last week, according to FMDQ Securities…
Nigeria: Exchange To Create Standardised Derivatives Market
There is no gainsaying that the capital market is a critical pillar to long term fund mobilisation needed for capital formation…
TikTok Owner ByteDance Takes First Step Into Virtual Reality With Latest Acquisition
TikTok owner ByteDance has made its first foray into virtual reality (VR) through the acquisition of a start-up called Pico.…
Nigeria: Exchange, NGCL To Create Standardised Derivatives Market
Ahead of the planned launch of Exchange Traded Derivatives (ETDs) in the Nigerian capital market, the Nigerian Exchange Limited (NGX)…
EU To Discuss Reimposing Covid-Related Travel Curbs On U.S.
The European Union will discuss on Thursday whether to reintroduce travel restrictions on visitors from the U.S. as new coronavirus…
Stock Market Rebounds As Capitalisation Rises By N15 Billion
As price gains outweighed losses, transactions on the equities sector of the Nigerian Exchange Limited (NGX) closed in an upbeat…
Turnover In FMDQ Exchange Drops 56% YoY As Investors Pull N29trn In T-Bills
Investment activities in the Fixed Income and Currencies (FIC) markets suffered a setback to the tune of about N26.97 trillion…
New IMF Allocation’ll Boost Nigeria, Others’ Reserves – AfDB
The President of the African Development Bank, Akinwumi Adesina, has said the International Monetary Fund’s Special Drawing Rights allocation of…
NIPOST To Clamp Down On Unlicensed Courier, Logistics Operators
The Courier and Logistics Regulatory Department (CLRD) of the Nigerian Postal Service (NIPOST) is set to clamp down on illegal…
Why Fed’s Powell Still Thinks High Inflation Is ‘Temporary’
Federal Reserve Chair Jerome Powell on Friday pushed back against concerns that swiftly rising prices could become an enduring feature…
CBN Drafts Guidelines To Nigerian Banks On E-Naira
The CBN recently sent a presentation to Nigerian banks about the eNaira project, revealing more details about its design and…
Italy Drops Quarantine Rules For Fully Vaccinated Britons
Italy will drop its requirement for fully vaccinated Britons to quarantine from next week. UK travellers who have been double…
Diaspora Remittances Hit $34bn As Nigerian Migrant Workers Top List
The Naira4Dollar policy of the Central Bank of Nigeria (CBN) may have begun to yield dividends as remittances from Nigerians…
Zero-Commission Fight Reaches Canada As National Bank Ends Fees
The move to commission-free trading that’s swept through U.S. discount brokerages over the past two years may finally be making…
FG Yet To Recover N5.15tn Debt, Says Minister
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, indicated on Friday that the Federal Government had not…
FG Loses N5 Trillion To Open Ended Import Waivers, Says Minister
The Federal Government has lost over N5 trillion to open – ended import duty waivers granted to companies and manufacturers…
Oil Heads For Biggest Weekly Gains In Over A Year Ahead Of Storm Ida
Oil prices rose more than 2% on Friday and were on track for their biggest weekly gains in over a…
$2bn Tax Remittance: MTN Nigeria Complying With Payment Plan, Says Zainab Ahmed
Zainab Ahmed, minister of finance, budget and national planning, says MTN Nigeria has a payment plan with the Federal Inland…
Following Complaints, Microsoft Will Make Windows 11 Compatible With More PC Chips
Microsoft said Friday it will allow a wider variety of PC chips to run Windows 11, the next-generation desktop operating…
Chicago Sues DoorDash, Grubhub For Allegedly Deceiving Customers
The City of Chicago filed two sweeping lawsuits against DoorDash and Grubhub for allegedly deceiving customers and using unfair business…
Astra Stock Drops After Cutting Short Rocket Launch, With Next Attempt Expected In The Coming Days
Astra Space cut short its first launch attempt since the company went public, with the rocket’s engines firing for a…
France Ready To Market Nigeria Back Home-Ambassador
The France Ambassador to Nigeria, Jerome Pasquire, has said his country is fully committed to not only supporting the Nigeria…
Dollar, Euro, Sterling Await Powell’s Jackson Hole Speech
The dollar, euro and sterling steadied on Friday as investors waited for a highly anticipated speech by Federal Reserve Chair…
Oil Sector’s Contribution To Nigeria’s GDP In Q2 2021 Wanes
On Thursday, the National Bureau of Statistics (NBS) said Nigeria’s Gross Domestic Product (GDP) grew by 5.01 per cent in…