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Day: January 11, 2022

Venture Capital Firm Kleiner Perkins Raises $1.8 Bln Via Two New Funds
TechnologyWorld

Venture Capital Firm Kleiner Perkins Raises $1.8 Bln Via Two New Funds

Venture capital firm Kleiner Perkins said on Tuesday it had raised $1.8 billion through two new funds, as it aims…

byakintundeJanuary 11, 2022
French Refurbished Smartphone Seller Back Market Valued At $5.7 Bln
MarketTechnologyWorld

French Refurbished Smartphone Seller Back Market Valued At $5.7 Bln

Back Market, the French marketplace dedicated to refurbished smartphones and electronic devices, said on Tuesday it had closed an investment…

byakintundeJanuary 11, 2022
Israeli Security Startup Pentera Raises $150 Mln In Funding Round, Eyes IPO
BusinessTechnologyWorld

Israeli Security Startup Pentera Raises $150 Mln In Funding Round, Eyes IPO

Israeli cybersecurity firm Pentera has raised $150 million in its latest funding round, taking the company’s value to $1 billion,…

byakintundeJanuary 11, 2022
Tech Startup Raises $1.7m For Expansion
AfricaLocal

Tech Startup Raises $1.7m For Expansion

Bfree, a credit management fintech, has raised $1.7m in a pre-Series A round to embark on expansion in emerging markets.…

byakintundeJanuary 11, 2022
Oil Market: Bonny Light Price Hits $81.81 Per Barrel
BusinessLocalTrade

Oil Market: Bonny Light Price Hits $81.81 Per Barrel

The price of Bonny Light, Nigeria’s premium oil grade, has risen to $81.81 per barrel in the global market, as…

byakintundeJanuary 11, 2022
Standard Chartered To Shut Half Of Nigeria Branches
AfricaBankingBusinessLocal

Standard Chartered To Shut Half Of Nigeria Branches

Standard Chartered Plc is closing about half its Nigerian branches in a pivot to digital banking, according to people familiar…

byakintundeJanuary 11, 2022
Foxconn India iPhone plans to reopen on Wednesday -legislator
Local

Foxconn India iPhone plans to reopen on Wednesday -legislator

Apple Inc supplier Foxconn will reopen an iPhone manufacturing facility in southern India on Wednesday. Foxconn said it employed about…

byakintundeJanuary 11, 2022
Nigeria’s Diaspora Remittances May Beat World Bank’s Projection, Rise 10% To $14.2bn
Local

Nigeria’s Diaspora Remittances May Beat World Bank’s Projection, Rise 10% To $14.2bn

Nigeria’s diaspora remittances inflow is set to beat the World Bank’s  projection for 2021, as it rose to $14.2 billion…

byakintundeJanuary 11, 2022
Gains In BUA Foods, 27 Stocks Lift Capitalisation Further By N28 Billion
BusinessInvestingLocalMarket

Gains In BUA Foods, 27 Stocks Lift Capitalisation Further By N28 Billion

Transactions on the equities sector of the Nigerian Exchange (NGX) market capitalisation increased by N28 billion yesterday, amid sustained bargain…

byakintundeJanuary 11, 2022
Gmail Hits 10 Billion Installs On Android, Becomes Fourth To Surpass Milestone
AfricaBusinessLocalTechnologyWorld

Gmail Hits 10 Billion Installs On Android, Becomes Fourth To Surpass Milestone

Total number of Gmail app installations has surpassed 10 billion on android, emerging the fourth app on Google play store…

byakintundeJanuary 11, 2022January 11, 2022
Expert: CBN Policies Can’t Rescue Naira
BankingBusinessLocal

Expert: CBN Policies Can’t Rescue Naira

The  naira-dollar exchange rate gap widened from N80.67 per dollar at the beginning of 2021 to N152.83 per dollar in…

byakintundeJanuary 11, 2022
Israel’s One Zero Digital Bank Gains Full Licence
BankingTechnologyWorld

Israel’s One Zero Digital Bank Gains Full Licence

One Zero Digital Bank has received final regulatory approval for a full banking licence, the Bank of Israel said on…

byakintundeJanuary 11, 2022

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