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Day: January 20, 2022

Nigeria To Partner Egypt On Technical Support For Power Transmission
AfricaLocal

Nigeria To Partner Egypt On Technical Support For Power Transmission

The Federal Government has announced plans to partner Egypt in the areas of technical support in the transmission and distribution…

byakintundeJanuary 20, 2022
WeTransfer Owner WeRock Seeks $714-813 Million Valuation In IPO
TechnologyWorld

WeTransfer Owner WeRock Seeks $714-813 Million Valuation In IPO

The company that owns the WeTransfer file service will be valued at between 629 million and 716 million euros ($714-813…

byakintundeJanuary 20, 2022
Amazon Set To Open It’s First Apparel Store
BusinessTechnologyWorld

Amazon Set To Open It’s First Apparel Store

The first Amazon Style store, located in the Los Angeles suburb of Glendale, Calif., will open its doors later this…

byakintundeJanuary 20, 2022January 20, 2022
10-Year U.S. Treasury Yield Rise Above 1.83 Percent
BusinessMarketWorld

10-Year U.S. Treasury Yield Rise Above 1.83 Percent

The sudden spike in the 10-year U.S. Treasury yield eased on Thursday morning, with it rising slightly to hover above…

byakintundeJanuary 20, 2022
Dangote Oil Refinery To Reduce Importation Of Petroleum Products By 36 Per cent
AfricaLocalMarket

Dangote Oil Refinery To Reduce Importation Of Petroleum Products By 36 Per cent

The African Petroleum Producers Organisation (APPO) has said that Dangote Oil Refinery would reduce importation of petroleum products production into…

byakintundeJanuary 20, 2022
Norway “Telenor” Partners With Amazon To Modernize Its Telecoms Systems
BusinessTechnologyWorld

Norway “Telenor” Partners With Amazon To Modernize Its Telecoms Systems

Norway’s Telenor said on Thursday it had partnered with Amazon Web Services (AWS) to speed up the modernisation of its…

byakintundeJanuary 20, 2022
Nigeria: FEC Approves N56.2 Billion For Road Construction
BusinessLocal

Nigeria: FEC Approves N56.2 Billion For Road Construction

The federal executive council (FEC) has approved contracts worth N56.2 billion for the construction of roads and a car park…

byakintundeJanuary 20, 2022
Naira depreciates as banks shift BTA/PTA rates to N419 per dollar
BankingLocalMarket

Naira depreciates as banks shift BTA/PTA rates to N419 per dollar

The value of the Nigerian naira depreciated by 1.5 percent as banks shifted personal travel allowance (PTA) and business travel…

byakintundeJanuary 20, 2022
Oracle Opens Data Centre In South Africa
AfricaLocalWorld

Oracle Opens Data Centre In South Africa

Oracle, a cloud infrastructure firm, says it has opened a data centre in South Africa — its first cloud region…

byakintundeJanuary 20, 2022
Nigerian Food-Tech Startup “Orda”Raises $1m In Pre Seed Round
AfricaBusinessLocalMarket

Nigerian Food-Tech Startup “Orda”Raises $1m In Pre Seed Round

Orda, a Nigerian food-tech startup, says it has raised a pre-seed round capital of $1.1 million to expand its operations…

byakintundeJanuary 20, 2022
Nigeria: Tinubu, Alpha Beta Ex-MD Considers Out-Of-Court Settlement
BusinessLocal

Nigeria: Tinubu, Alpha Beta Ex-MD Considers Out-Of-Court Settlement

A former Managing Director of Alpha Beta Consulting, Dapo Apara, the All Progressives Congress leader, Bola Tinubu; and the current…

byakintundeJanuary 20, 2022
Oil Hit Highest Price Since 2014
AfricaBusinessLocalMarketTradeWorld

Oil Hit Highest Price Since 2014

Oil jumped to a seven-year high early on Tuesday, a day after Yemeni Houthis attacked targets in the United Arab…

byakintundeJanuary 20, 2022

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