PepsiCo, Coke Revenues Surge On Higher Prices, Inflation Casts Shadow
PepsiCo Inc and Coca-Cola Co trounced Wall Street estimates for quarterly revenue on Thursday, supported by recent price increases and…
Year: 2022
Bitfinex Hack: FBI Nabs Couple Over $4.5 Billion Stolen Crypto
The Federal Bureau of Investigation has arrested and charged Ilya Lichtenstein and Heather Morgan with conspiracy to launder stolen cryptocurrency.…
Coca-Cola Beats Quarterly Revenue Estimates
Coca-Cola Co reported quarterly revenue on Thursday that beat analysts’ estimates, helped by higher prices for its soft drinks and…
CBN N50 Billion COVID-19 Loan: Nigerians React To NIRSAL’s Call For Repayment
The management of NIRSAL Microfinance Bank has requested for the payback of COVID-19 loans secured by many entrepreneurs across Nigeria…
Uganda To Pay $325 Million As Reparations To Congo
The International Court of Justice has ordered Uganda to pay $325 million in compensation to the Democratic Republic of Congo…
Who Wants To Be A Millionaire?: UP, Payattitude, Payarena, Hope PSBank Unveiled As New Sponsors
The ace TV game show Who Wants To Be A Millionaire? on Sunday unveiled the new sponsors for Series 2- …
Prioritise interest of investors’ — SEC tells capital market operators
Director-general of the securities and exchange commission Amid Yuguda says there is a need for capital market operators to prioritise…
China Hopes U.S. Will Remove Tariffs, End Sanctions To Create Conditions For Trade
China hopes the United States will remove additional tariffs on Chinese goods and end its sanctions and crackdowns as soon…
CITN expresses commitment to grow taxation
The CITN President Adesina Adedayo has said the institute is committed to expanding taxation in the country. Adedayo said this…
Cristiano Ronaldo Is Now Making £1.7m Per Instagram Post
Superstar footballer, Cristiano Ronaldo , with over 400 million followers on Instagram, is now the most followed person on the…
Ukraine Strategist Predicts How Oil Will Hit $120 Per Barrel
Oil will “certainly” hit $120 a barrel and the global economy will be “radically altered” if Russia invades Ukraine, veteran…
Elon Musk and Jeff Bezos, each gained $3.5 billion in a day
Elon Musk and Jeff Bezos, have seen their wealth jump on the back of strong gains despite concerns that the…
Nigerian Insurers Association Paid Over #11 Billion For 2020 Loss Claim
The Nigerian Insurers Association (NIA) says insurers paid over N11 billion as claims for losses suffered during the 2020 #EndSARS…
Maxam Ghana Agrees To Pay $1Million Fine Imposed On The Company
Maxam Ghana Limited has agreed to pay the US$1 million fine imposed on the company, as well as comply with…
Kenya Treasury Drops Plan To Inject Sh1 Billion Into Smes
The Treasury has dropped plans to inject Sh1 billion into President Uhuru Kenyatta’s plan to derisk access to credit for…
United States’ DoJ seizes $3.6 billion worth of Bitcoin from 2016 Bitfinex hack
The Department of Justice in the United States announced arrests and seizures of $3.6 billion worth of Bitcoin. The arrest…
Telecoms union gives MTN 14-day ultimatum to address workers’ welfare
Telecom trade union have issued a 14-day ultimatum to MTN Nigeria Telecommunications to address issues on workers welfare or face…
Subscribers groan as Galaxy Backbone battles portal breakdown
Telecommunication subscribers have continued to lament their inability to retrieve lost Subscriber Identity Module or get a new SIM card…
Senate confirms NIPSS DG, considers other agencies’ nominees
The Senate, on Tuesday, confirmed the nomination of Prof. Ayo Omotayo as director-general of the National Institute for Policy and…
Lagos to examine sustainable job creation strategies
Lagos State Employment Trust Fund and Ministry of Economic Planning and Budget have said the second edition of the Lagos…
Nissan Unveils New Navara Pickup, To Start Assembling In Nigeria
Made in Africa Nissan Navara brand has been introduced by Stallion NMN Limited to Nigerian showrooms Stallion NMN Limited plans…
Auditor-general’s query: Reps panel summons Emefiele, Fashola
CBN Governor Godwin Emefiele was summoned by the house of representatives committee on the public account over non-disclosure of recovered…
WFP: 13 million face severe hunger amid worst drought in Ethiopia, Kenya
The United Nations World Food Programme says an estimated 13 million people in Kenya, Somalia, and Ethiopia face severe hunger…
PenCom: Over 48,000 contributors switched PFAs, transferred N172bn in 2021
The National Pension Commission says a total of 48, 543 contributors switched pension fund administrators (PFAs) in 2021, valued at about…
Big Banks Seen Swallowing Smaller Loss-Making Rivals
Ratings agency Moody’s says small Kenyan banks suffering losses or facing insolvency are likely to become targets of acquisitions by…
Arla Foods And Partner Tolaram Group Agree To Build Dairy Farm In Kaduna, Nigeria
As part of efforts aimed at boosting local milk production, Arla Foods, makers of Dano Milk, says it has signed…
Chip Shortage: Toyota Cuts Productio
Toyota Motor Corp on Wednesday cut its annual production target by half a million more vehicles as a chip shortage…
Jaiz Bank Posts N4.21bn Profit In 2021
Jaiz Bank Plc has released its unaudited financial results for the period ended December 31, 2021. The results as released…
Nigeria Reps Tells APCON, NAFDAC, Others To Monitor Online Drug Adverts
The House of Representatives has called on the Advertising Practitioners Council of Nigeria to liaise with social media giants and…
Wall Street Ends Higher; Bank Stocks Rise With Treasury Yields
Wall Street ended sharply higher on Tuesday, lifted by Apple and Microsoft, while a jump in Treasury yields elevated bank…