Goldman-Backed Digital Bank Starling Boycotts Meta Over Scam Ads
British digital bank Starling says it is boycotting Facebook parent company Meta over its failure to tackle fraudulent financial adverts.…
Day: January 7, 2022
Google Acquires Israel-Based Cybersecurity Startup, Siemplify For $500 Million
American multinational technology company, Google has acquired Siemplify, an Israel-based cybersecurity startup that specializes in end-to-end security services for enterprises,…
Nigeria’s Three Big Firms Gained N1.15tn In 2021 – NGX
The three biggest companies listed on the nation’s stock exchange gained a total of N1.15tn last year, data obtained from…
Nigeria Finance Act: Investors To Pay 10% Tax On Sale Of Shares In Any Nigerian Company
Investors on the Nigerian Stock Exchange are to pay a Capital Gains Tax of 10% on the sale of shares.…
CBN’s Quarterly Forex Intervention Drops By $930m
The Central Bank of Nigeria’s foreign exchange intervention in the economy declined by $930m in the third quarter of 2021…
Google To Improve ‘Android To Windows PC’ Integration
Google has announced it is investing in more helpful ways to make android and windows PC devices work better. The…
Tech Company STMicro Reports Higher Than Expected Q4 Sales, Lifting Its Shares
Franco-Italian chipmaker STMicroelectronics said its preliminary fourth-quarter revenues were slightly above the guidance given at the end of October, in…
Nigeria: Cooking Gas Price Drops, Supply Rises, Govt Projects Further Decrease
The Federal Government on Thursday said it was putting measures in place to ensure further reduction in the cost of…
Nigeria Senate Digs Into $679m Unremitted Revenue From Ports Concession
The Senate has uncovered how the Bureau of Public Enterprise (BPE) failed to remit $679.4 million realized from the concession of…
Nigeria: FG Posts N7trn Deficit, Elated Over N1.Trn Independent Revenues
The federal government recorded a budget deficit of N7. 052 trillion as at November last year, in the implementation of…
GameStop Shares Surge On Plan To Enter NFT, Crypto Markets
GameStop Corp is launching a division to develop a marketplace for nonfungible tokens (NFTs) and establish cryptocurrency partnerships, a source…
Singaporean Richest Billionaire, Forrest Li, Loses $10 Billion Of His Fortune
Forrest Li, Chairman and Chief Executive officer of Sea Ltd recently lost a huge chunk of his fortune. Li lost…