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Day: January 13, 2022

Microsoft Invests $50 Million In Alcohol-To-Jet Fuel Biorefinery
TechnologyWorld

Microsoft Invests $50 Million In Alcohol-To-Jet Fuel Biorefinery

Microsoft (MSFT.O) is investing $50 million in a LanzaJet facility in Georgia that will produce jet fuel from ethanol next…

byakintundeJanuary 13, 2022
Microsoft Has Stopped Making Xbox One Consoles – The Verge
BusinessTechnologyWorld

Microsoft Has Stopped Making Xbox One Consoles – The Verge

Microsoft Corp has stopped manufacturing all Xbox One consoles to focus on producing its next-generation consoles, the Verge reported on…

byakintundeJanuary 13, 2022
The Nigerian Exchange Gains Over N23 Billion In A Single Day
Local

The Nigerian Exchange Gains Over N23 Billion In A Single Day

The Nigerian Exchange has commenced the new week on a positive note to sustain the rally amidst sell-offs and buy-interests…

byakintundeJanuary 13, 2022
Nigeria’s Private Sector Borrows N5.16 Trillion From Banks In 11 Months 2021
BankingLocal

Nigeria’s Private Sector Borrows N5.16 Trillion From Banks In 11 Months 2021

Private sector credit rose to a record high of N35.31 trillion as of November 2021, representing N5.16 trillion net new…

byakintundeJanuary 13, 2022
World Bank slashes global growth forecast and warns about growing inequality
Local

World Bank slashes global growth forecast and warns about growing inequality

World Bank slashed its global growth forecast for 2022 and 2023 and cautioned a rise in inflation, debt and income…

byakintundeJanuary 13, 2022
Stanbic, Standard Chartered, Citi Lead As Banks Record $38.2bn Foreign Inflows
BankingBusinessLocalMarket

Stanbic, Standard Chartered, Citi Lead As Banks Record $38.2bn Foreign Inflows

Stanbic IBTC, Standard Chartered Nigeria, and Citibank Nigeria lead as capital importation from banks hit $38.18bn in almost three years.…

byakintundeJanuary 13, 2022
We Are Not Affiliated With Access Capital Investment Platform, Says Access Bank
BankingLocal

We Are Not Affiliated With Access Capital Investment Platform, Says Access Bank

Access Bank Plc says it has no business engagement or affiliation with Access Capital Investment Platform, an online investment entity.…

byakintundeJanuary 13, 2022
Dangote Cement To Buy Back 170m Shares From Shareholders
BusinessInvestingLocalMarketTrade

Dangote Cement To Buy Back 170m Shares From Shareholders

Dangote Cement Plc says it will repurchase 170 million ordinary shares from shareholders in the second tranche of its share…

byakintundeJanuary 13, 2022
FG Lifts Suspension On Twitter Operations
BreakingBusinessLocalTechnology

FG Lifts Suspension On Twitter Operations

President Muhammadu Buhari has approved the lifting of the suspension on the Twitter operations in Nigeria. The lifting will be…

byakintundeJanuary 13, 2022
‘No Staff Will Be Affected In 2022’ — Standard Chartered Confirms Closure Of Nigerian Branches
BankingBusinessLocal

‘No Staff Will Be Affected In 2022’ — Standard Chartered Confirms Closure Of Nigerian Branches

Standard Chartered Bank has confirmed the closure of 50 percent of its Nigerian branches. Dayo Aderugbo, Head, corporate affairs, brand…

byakintundeJanuary 13, 2022

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