World Stock Market Bearish Bet Boost Short Sellers Profit Jan 25, 2022 0 Short sellers are reaping huge profits this year, as the stock market’s brutal bloodbath fuel their bearish bets.…
Africa Poa Internet wraps up Africa50-led equity financing round Jan 25, 2022 0 In 2020, Africa50, an infrastructure financier backed by the Africa Development Bank (AfDB) Group and a good number…
Local Nigeria’s Recorded $55.5bn Forex Inflow In Seven Months Jan 25, 2022 0 The country recorded a foreign exchange inflow of $55.5bn in seven months, data obtained from the Central Bank of…
World Crypto Market Loses $356bn In 24 Hours — And $1 Trillion In Two Months Jan 25, 2022 0 The value of the cryptocurrency market stood at $1.61 trillion on Saturday, representing 11.8 percent decline over…
World Tesla Countersue Bank For Seeking Windfall Jan 25, 2022 0 Tesla Inc on Monday fought back against JPMorgan Chase & Co over a disputed bond contract, countersuing the…
Local Afreximbank Pan-African Payment And Settlement System (PAPSS) Explained Jan 24, 2022 0 On the 28th of September, 2021, the Afreximbank in conjunction with the African Continental Free Trade Area…
Local Dangote Refinery And Fertiliser Projects To Kick Off Before September Jan 24, 2022 0 Alhaji Aliko Dangote, President of Dangote Group, says the Dangote Refinery and Fertiliser projects will come on…
World Non Fungible Token Marketplace “OpenSea” Lose Coin To Hackers Jan 24, 2022 0 The world’s largest Non Fungible Token marketplace, OpenSea, has reportedly lost 332 Etherium to hackers on Monday.…
Local Nigerian Breweries List Additional Shares Jan 24, 2022 0 Additional 78,929,849 ordinary shares of 50 kobo each of Nigerian Breweries Plc (Nigerian Breweries or the Company)…
Local Adiwale takes minority stake in West Africa drilling services company Jan 24, 2022 0 Adiwale Partners, a private equity firm focused on Francophone West Africa, picked up a minority stake in…
World Toshiba Halts Operations At Chip Plant After Quake Jan 24, 2022 0 Toshiba Corp said on Monday that it had suspended operations at a plant in Oita, southern Japan that makes…
World China Regulator Calls To Protect Minors Against Pornography Jan 24, 2022 0 China's State Administration for Market Regulation has called to strengthen protection of minors against food…
Local Nigeria: Eko Electricity Distribution Company Appoints New Chairman Jan 24, 2022 0 The Eko Electricity Distribution Company (EKEDC) has announced the appointment of Oritsedere Otubu as its new…
Africa QED Investors Hires Two Investment Professionals To Boost Africa Plans Jan 24, 2022 0 QED an investment firm based in Alexandra, Virginia in the United States of America announced that it has recruited…
Investing Nigeria Stock Exchange Investors Gain N840bn In A Week Jan 24, 2022 0 Investors in the Nigerian stock market saw the worth of their shares rise by N840bn last week as 47 firms recorded…
Local World Bank And African Development Bank Approved The Sum Of $2.83Bn To Nigeria In… Jan 24, 2022 0 The World Bank and the African Development Bank approved a total sum of $2.83bn to Nigeria in 2021, It has been…
Local CBN Place Telecommunication Sector On Forex Priority List Jan 24, 2022 0 The deployment of fifth generation technology has got a boost from the Federal Government. Federal government…
Local Nigeria: Dangote Record $1.3 Billion Fortune Boost Jan 24, 2022 0 Aliko Dangote recorded a boost of as much as $1.3 billion in his fortune in the year to January 21, a period that…
Local File tax returns before Jan 31 or risk sanctions, orders Lagos Jan 23, 2022 0 The Lagos State Internal Revenue Service has given firms based in the state till January 31, 2022, to file their…
Local Nigeria’s import bill rose to $8.92bn in nine months – Report Jan 23, 2022 0 Nigeria’s total import bill for jan-sep 2021 rose to $8.92bn from $4.29bn in the same period of 2020. Dr Biodun…
Local MTN Awaits SEC Approval To Announce Offer Result, Share Allotments Jan 23, 2022 0 MTN Nigeria Plc said it is waiting for approval from Securities and Exchange companies SEC to announce the offer…
Local Foreign direct investment Into Africa Grew By 147 Percent In 2021 Jan 22, 2022 0 Foreign direct investment (FDI) into Africa showed a strong rebound in growth of 147 percent to an estimated $97…
Local FG urges private sector to maximise AfCFTA Jan 22, 2022 0 The Federal Government has called on the Nigerian private sector to maximize the African Continental Free Trade…
Local IMF set to launch $50bn lifeline for Nigeria, others Jan 22, 2022 0 The International Monetary Fund is set to launch a $50bn trust fund for low-income and vulnerable middle-income…
Local DMO Record N139 Billion Oversubscribed Jan 2022 FGN Bond Jan 22, 2022 0 Nigeria’s Federal Government bond issuance for the month of January 2021, by the Debt Management Office (DMO)…
Local Import And Export Operations Requires E-Invoice- CBN Jan 22, 2022 0 The Central Bank of Nigeria has said that all import and export operations will require the submission of an…
Local Nigeria:OMLs Awarded To Addax Petroleum Has Been Revoked Jan 22, 2022 0 The Federal Government has revoked oil mining licences awarded to Chinese firm, Addax Petroleum, for the second…
Crypto Cryptocurrency Exchange”Crypto.com” Lost Over $30 Million To Hackers Jan 21, 2022 0 In a blog post published in the early hours of Thursday morning, cryptocurrency exchange Crypto.com acknowledged…
Local U.S. Senate Panel To Debate App Store Reform Bill Jan 21, 2022 0 A U.S. Senate panel is set on Thursday to debate a bill that aims to rein in app stores of companies that some…
Local Nigerian Tech Startup, Touch And Pay, Joins The W22 Y Combinator Accelerator… Jan 21, 2022 0 Touch and Pay (TAP), a cowry card payment system, has now been listed in the W22 Y Combinator batch, bringing the …