Local Expert: CBN Policies Can’t Rescue Naira Jan 11, 2022 0 The naira-dollar exchange rate gap widened from N80.67 per dollar at the beginning of 2021 to N152.83 per dollar…
World Israel’s One Zero Digital Bank Gains Full Licence Jan 11, 2022 0 One Zero Digital Bank has received final regulatory approval for a full banking licence, the Bank of Israel said on…
Local Fed Govt Lists New Savings Bonds On NGX Jan 10, 2022 0 The Federal Government at the weekend listed its latest monthly issuances of savings bonds on the Nigerian Exchange…
Local FG Loses N1.474tn To 222 Terminal Shutdowns In 10 Months Jan 10, 2022 0 Nigeria’s crude oil earnings were depleted by about N1.474tn between January and October 2021 due to various…
Local Nigeria: NANS Rejects N10 Per Litre Tax On Soft Drinks Jan 10, 2022 0 The National Association of Nigerian Students in the South-West zone has condemned the Federal Government’s plan to…
Local Political Selection Of Discos By Jonathan Administration Cause Of Sector Failure –… Jan 10, 2022 0 President Buhari has berated the GEJ administration for the non-credible selection process of distribution…
Local EU plans law requiring tech firms to do more to combat child abuse Jan 10, 2022 0 The European Union plans to pass a law requiring technology companies to do more to tackle child sexual abuse.…
World Testing Firms To Lose Revenues As U.K. Abolishes Pre-Arrival Covid Tests Jan 10, 2022 0 The United Kingdom has abolished the requirement for a negative PCR result to enter the country dealing a blow to…
Local Nigeria: Debt Servicing Gulps 76% Of Revenue, Experts, Buhari Disagree On… Jan 10, 2022 0 The Federal Government on Wednesday disclosed that it spent N4.2tn on debt servicing between January and November…
Local Dangote, Adenuga, Rabiu Pocket N2.35tn In 2021 Jan 10, 2022 0 Nigeria’s three richest men, Aliko Dangote, Mike Adenuga, and Abdulsamad Rabiu saw their combined wealth jump by…
Local Facebook parent’s head of communications leaves company Jan 10, 2022 0 The head of communications at Facebook parent Meta Platforms Inc (FB.O), John Pinette, is leaving the company, the…
World Shares of Chinese developer Shimao jump on report that it’s selling all of its… Jan 10, 2022 0 Shares of Shimao spiked nearly 7% on Monday after Chinese business publication Caixin reported the embattled…
World Sonos Wins Google Import Ban Ruling In U.S. Patent Fight Jan 10, 2022 0 A U.S. trade court barred Google late Thursday from importing products that infringe home-audio company Sonos'…
Local Oil price nears $83 as fears over Omicron ease Jan 10, 2022 0 Global oil prices continued to gain ground above $80 per barrel on Friday, helped by a growing consensus that…
Local Investor group backs mPharma’s Series D with $35mln Jan 10, 2022 0 MPharma health tech startup is building a network of community pharmacies across Africa, with plans to be the…
Local Google chooses SafeBoda for Africa fund’s first deal Jan 10, 2022 0 Google’s first investment from its Africa Investment Fund has gone to SafeBoda, a transport startup with operations…
Local Nigeria:FG seeks to increase revenue to 15% of GDP Jan 10, 2022 0 The Federal Government has said it will increase its revenue to 15 per cent of Gross Domestic Product by 2025.…
Local Heirs Holdings Launches Tender On OML 17 Jan 10, 2022 0 Heirs Holdings has launched a tender for work on the Elelenwa multi-phase pump gathering station, on OML 17 in…
Local Nigeria: Capital Importation Rises 97% To $1.73bn In Q3’21 Jan 10, 2022 0 The National Bureau of Statistics, NBS, has said that capital importation rose sharply, quarter-on-quarter (QoQ) by…
Local FG spent $1.68bn on food imports in nine months – CBN Jan 8, 2022 0 Central Bank of Nigeria has said FG spent about $1.68bn on food importation from January to September 2021 The…
Local Nigeria: FG projects 233% increase in FDI, eyes $5bn Jan 8, 2022 0 Nigerian FG has said it will increase Foreign Direct Investment into Nigeria from $1.5bn in 2022 to $5bn by 2025…
Local Manchester United Announces New Chief Executive Officer Jan 8, 2022 0 Manchester United has announced former Group MD Richard Arnold, as Chief Executive Officer of the Club, effective…
Local Samsung Electronics Q4 profit jumps on server chip demand, foundry margins Jan 8, 2022 0 In four years, Samsung Electronics Ltd said its fourth-quarter operating profit likely jumped 52% on-year to its…
Local Bed Bath & Beyond CEO Says Losing $100 Million In Q3 Sales Hurts But Signals… Jan 8, 2022 0 Bed Bath & Beyond CEO Mark Tritton expressed disappointment over the retailer’s supply-chain issues in its…
World Goldman-Backed Digital Bank Starling Boycotts Meta Over Scam Ads Jan 7, 2022 0 British digital bank Starling says it is boycotting Facebook parent company Meta over its failure to tackle…
World Google Acquires Israel-Based Cybersecurity Startup, Siemplify For $500 Million Jan 7, 2022 0 American multinational technology company, Google has acquired Siemplify, an Israel-based cybersecurity startup…
Local Nigeria’s Three Big Firms Gained N1.15tn In 2021 – NGX Jan 7, 2022 0 The three biggest companies listed on the nation’s stock exchange gained a total of N1.15tn last year, data…
Local Nigeria Finance Act: Investors To Pay 10% Tax On Sale Of Shares In Any Nigerian… Jan 7, 2022 0 Investors on the Nigerian Stock Exchange are to pay a Capital Gains Tax of 10% on the sale of shares. This is …
Local CBN’s Quarterly Forex Intervention Drops By $930m Jan 7, 2022 0 The Central Bank of Nigeria’s foreign exchange intervention in the economy declined by $930m in the third quarter…
World Google To Improve ‘Android To Windows PC’ Integration Jan 7, 2022 0 Google has announced it is investing in more helpful ways to make android and windows PC devices work better.…