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Day: January 18, 2022

Nigeria: President Buhari to unveil CBN rice pyramids
Local

Nigeria: President Buhari to unveil CBN rice pyramids

President Buhari will unveil one million pyramid-shaped sacks of rice paddy in Abuja today. The pyramids which are said to…

byakintundeJanuary 18, 2022January 18, 2022
After eight months of decline, Nigeria’s inflation rate rises to 15.63%
LocalTrade

After eight months of decline, Nigeria’s inflation rate rises to 15.63%

After eight months of decline, Nigeria’s headline inflation rate rose to 15.36% in December 2021, from 15.50% recorded in November.…

byakintundeJanuary 18, 2022
Parallex transforms from microfinance to commercial bank
BankingLocal

Parallex transforms from microfinance to commercial bank

Parallex Bank says it has officially transitioned from a microfinance institution to a commercial bank. The bank unveiled its new…

byakintundeJanuary 18, 2022January 18, 2022
Insurance firms’ assets hit N2.09tn amidst recapitalisation suspension
insuranceLocal

Insurance firms’ assets hit N2.09tn amidst recapitalisation suspension

The insurance sector’s total assets have risen by N228.24bn in 15 months despite the suspension of the National Insurance Commission’s…

byakintundeJanuary 18, 2022January 18, 2022
NGX reopens bearish as losses in 22 stocks drag indices by N29bn
Local

NGX reopens bearish as losses in 22 stocks drag indices by N29bn

Nigerian Exchange Limited NGX resumed trading for the week on a downturn yesterday, as losses in 22 stocks dragged market…

byakintundeJanuary 18, 2022
OpenSea Monthly Trading Volume Exceeds $3.5 Billion
BusinessTechnologyWorld

OpenSea Monthly Trading Volume Exceeds $3.5 Billion

The world’s largest Non-Fungible token (NFT) marketplace, OpenSea, has seen its monthly trade volume in Ether (ETH) exceed $3.5 billion…

byakintundeJanuary 18, 2022
Ford Signs Five-Year Payments Deal With Stripe
BusinessTechnologyWorld

Ford Signs Five-Year Payments Deal With Stripe

Online payment processor Stripe has signed up Ford Motor Company as a customer, in a five-year deal aimed at bolstering…

byakintundeJanuary 18, 2022
China Delivery “Starbucks” Partners With Meituan Tie-Up
BusinessTechnologyWorld

China Delivery “Starbucks” Partners With Meituan Tie-Up

Starbucks said on Tuesday it has entered into a partnership with China’s Meituan that will allow its Chinese customers to…

byakintundeJanuary 18, 2022
EU Spike Fines For Breaches Of EU Privacy Law
BusinessWorld

EU Spike Fines For Breaches Of EU Privacy Law

Fines for violations of the European Union’s landmark privacy law have soared nearly sevenfold in the past year, according to…

byakintundeJanuary 18, 2022
UK Self-Driving Startup Wayve Raises $200 Mln From Investors
InvestingTechnologyWorld

UK Self-Driving Startup Wayve Raises $200 Mln From Investors

British self-driving technology startup Wayve said on Tuesday it has raised $200 million from investors to scale up its autonomous…

byakintundeJanuary 18, 2022
Twitter Expand Test Feature For Flagging Misleading Content To Brazil, Spain And Philippines
AfricaLocalTechnologyWorld

Twitter Expand Test Feature For Flagging Misleading Content To Brazil, Spain And Philippines

Twitter Inc said on Monday it will expand its test feature which allows users to flag misleading content on its…

byakintundeJanuary 18, 2022

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