Nigeria’s Solar Industry Growing, Says US-Nased Firm
A United States-based solar product design and marketing company, SolAps, has said the Nigerian solar power industry is growing and…
Author: akintunde
Swissmedic Approves J&J COVID-19 Vaccine Booster
Swiss drugs regulator Swissmedic said on Monday it approved booster doses for Johnson & Johnson’s COVID-19 vaccine in people 18 years…
Nigeria: FG Borrows N13.6tn Via Bonds In Six Months Amid Rising Deficit Financing
The Federal Government’s bond offer and allotment rose by N1.99tn in the first six months of this year to N13.66tn,…
Elon Musk Sells Another $1bn Worth Of Shares In Tesla To Clear Tax Bill
Elon Musk, the billionaire founder of Tesla Inc., has sold another 934,090 shares in the electric vehicle manufacturer for $1.2…
Turkish Central Bank Says To Support Conversion Of Gold Deposits To Lira
The Turkish Central Bank said on Wednesday it had decided to provide an incentive to those who convert their gold…
Miami Beach Is Priciest New Year’s Eve Destination In The World
Miami island Beach is the most expensive destination in the world for overnight accommodation this coming New Year’s Eve. With…
Cargoes Are Trapped In China’ — Lagos Shippers Lament Container Scarcity
The Shippers Association of Lagos (SAL) has expressed worry over the scarcity of empty containers to bring cargoes into the…
Iran Halts Authorized Crypto Mining To Save Energy For Winter
Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer. Amid…
Rivian Delays Deliveries Of Pickup, SUV With Big Battery Packs To 2023
Rivian Automotive will delay deliveries of its electric pickup truck and sports utility vehicle with big battery packs to 2023,…
SEC Urges Nigerians To Avoid Deals With FinAfrica, Poyoyo Investment
The Securities and Exchange Commission (SEC) has warned the public against dealings with FinAfrica Investment Ltd and Poyoyo Investment. The…
China Stocks Edge Up On New Energy Gains
China stocks inched up on Tuesday as gains in new energy companies and non-ferrous metal shares offset losses in the…
Naira Falls At Official And P2P Forex Market
The exchange rate between the naira and the US dollar closed at N415.1/$1 at the Investors and Exporters (I&E) window,…
Turkish Lira Weakens, Further Eroding Last Week’s Gains
Turkey’s lira weakened as much as 2% on Tuesday, extending sharp losses seen a day earlier and eroding massive gains…
Nigeria Govt Should Support Businesses To Revive Economy’
The Group Managing Director/Chief Executive Officer, CFL Group, Mr Lai Omotola, has said it is important for the government to…
Austria’s S&T Hires Deloitte For External Audit After Activist Investor Report
Austrian IT company S&T has commissioned Deloitte to conduct an external audit following allegations made by activist investor Viceroy Research,…
Starboard Acquires Stake Worth $800 Mln In GoDaddy
Activist investor Starboard Value LP has purchased a 6.5% stake in web services firm GoDaddy worth about $800 million, according…
Didi Bars Employees From Selling Shares Indefinitely
Chinese ride-hailing giant Didi Global has barred current and former employees from Employees will not be able to sell shares until…
Christmas Week Trades Add $77.89bn To Bitcoin Market Cap
The market capitalisation of Bitcoin increased by $77.89bn during the week leading up to Christmas. On December 19, BTC had…
1.3 Million Bitcoin Left Circulating On Crypto Exchanges
In glad tidings for an orange Christmas, Bitcoin (BTC) supply is drying up to lows not seen for years. In…
Japan’s Shionogi Starts Phase III Clinical Trial In Vietnam For Covid-19 Vaccine
Japan’s Shionogi & Co. Ltd announced on Monday that phase III of its clinical trial for a new COVID-19 vaccine…
Intel Apologises In China Over Xinjiang Supplier Statement
U.S. chip maker Intel apologised on Thursday to Chinese customers, partners and the public after a letter telling its suppliers…
More Than 4.6 Mln Got Health Insurance Through ACA in 2021 -Biden
More than 4.6 million people gained health coverage in the United States in 2021 through the Affordable Care Act (ACA)…
One Million Nigerians, Under 24, Died Over Healthcare, Socioeconomic Problems 2020 – Report
About one million Nigerians under the age of 24 died in 2020 due to healthcare challenges in the country. Estimates…
FG Rakes In N2.56tn From Petrol, Kerosene, Diesel Sales In 13 Months
The Nigerian National Petroleum Company Limited on Wednesday announced that it earned N2.56tn revenue from the sale of white products…
US Treasury Official Beckons New Stablecoin Regulations
The United States Treasury made further hints at new laws for stablecoins on Dec. 17. Nellie Liang, the Under Secretary…
Chinese Companies Embark On A Metaverse Trademark Race
In spite of the metaverse and nonfungible tokens (NFTs) warning issued by People’s Bank of China’s (PBOC) in November, more than…
World Bank Loans Nigeria $700m For Water Supply, FG Blames States
The Federal Government has secured a $700m loan from the World Bank for specific water projects in the country, the…
Foreign Investors Withdraw N173.32bn From Stock Market
Foreign investors pulled out a total of N173.32bn from the Nigerian stock market from January to October, official data obtained…
Nigeria Loses N499.32bn As Twitter Ban Hits 200 Days
Nigeria’s economy has lost N499.32bn to the shutdown of Twitter since it came into effect on June 4, 2021. The…
Investors Record N260bn Weekly Gain As 32 Stocks Rise
Investors in the Nigerian stock market gained N260bn as 32 firms saw their share prices rise at the end of…