Author: akintunde

An Australian court on Monday ordered Google to pay a former lawmaker A$715,000 ($515,000). Saying its refusal to remove a…

UAC of Nigeria PLC has announced the successful completion of its N18.7 billion Series 1 and 2 Commercial Paper issuance.…

The Central Bank of Nigeria has ordered banks and Payment Service Providers to accept indemnity. Indemnity from customers for highly…

The Electronic Dividend Mandate Management System (E-DMMS) will be fully in use by the end of the third quarter (Q3)…

Nigerians’ use of mobile channels for payment transactions has risen by 3,454.46% from N136.85bn. Within the first four months of…

Nigeria yearly imports roughly 2.4 million metric tonnes of frozen fish.Which is putting a strain on its foreign exchange reserves.…

The Shell Petroleum Development Company (SPDC) has asked the Federal High Court in Yenagoa to stay. Proceeding in the N700…

Investors’ shares in the Nigerian stock market rose by N158bn last week as 29 firms recorded price appreciation. The All-Share…

Fitch Ratings said it has decided to withdraw its rating on embattled property developer China Evergrande Group (3333.HK) and two…

Sterling Bank Plc has launched a new and innovative digital product, known as the Imperium Platform. To connect consumers and…

In anticipation of a report on private payrolls, U.S. stock index futures increased as the price of oil declined. Brent…

The exchange rate between the naira and the US dollar closed at N421.25/$1 at the Investors and Exporters (I&E) window.Naira…

Russian aluminium producer Rusal (RUAL.MM) has sued the global miner Rio Tinto (RIO.AX), seeking to win back access to its…

Apple Inc (AAPL.O) on Monday announced it would more deeply integrate its software into the core driving systems of cars.…

Amid increasing calls for diversification of the economy, Nigeria’s crude oil exports jumped to N5.6trn. This is the first quarter…

President Muhammadu Buhari visited Spain where he met the Spanish President, Pedro Sanchez, King of Spain. He gave a speech…

Flour Mills of Nigeria (FMN) Plc has proposed a total dividend of N8.8 billion for the 2022 financial year. As…

Taser-maker Axon Enterprise Inc (AXON.O) says it’s halting work on a project to equip drones with stun guns to combat…

According to reports, the Nigeria Customs Service’s Western Marine Command confiscated 828 bags of imported parboiled rice. This occured between…

In yesterday’s trading session, Wapco (LaFarge) Plc share price depreciated by 1.07%. This too close at N27.70 per share, taking…

Dollar exchanged at N603 (average) at Lagos and Abuja parallel markets. Indicating a worsening liquidity crisis in the foreign exchange…

Dangote Cement Plc has disclosed that fuel and power consumed by the company increased by 34.4%. That is, to N196.634…

According to the World Bank, Nigeria’s government spends more on gasoline subsidies than on social security, health care, and education.…

Aluminium Extrusion Plc has announced a final dividend payment of N0.05 kobo per 50 kobo. This dividend payment will be…

Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it. And spurring a sharp fall…

The CBN has announced that it has established a comprehensive Non-Oil Export Optimisation framework. Mr Osita Nwanisobi, Director, CBN Corporate…

Binance CEO Changpeng Zhao has stated that potential crypto winter is good for business. When asked how Binance would fare…

The cost of diesel per litre is expected to increase from N800 to N1,500 within the next two weeks. This…

Bill Gates, a co-founder of Microsoft, claimed that the greater fool hypothesis underlies investments in cryptocurrencies like nonfungible tokens (NFTs).…

The world’s wealthiest woman is now $2.5 billion richer than Mark Zuckerberg, the founder of Facebook. According to the Bloomberg…