Nigeria, Others Seal $42.1 Billion Trade Deals At IATF
Nigeria and other African countries sealed trade-related investment deals worth $42.1 billion at the recently…
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Nigeria To Benefit From $4.7tr Digital Service Export Market
The National Information and Technology Development Agency (NITDA) and Nigerian Export Promotion Council (NEPC)…
NGX Reopens Negative As Capitalisation Slumps By N20 Billion
Transactions on the Nigerian Exchange Limited (NGX) reopened on a downward note yesterday, occasioned by losses in…
Data Suggest Forex Market Getting Out Of Shock
Notwithstanding the rattle by the newest variant of COVID-19, Omicron, which has raised fresh uncertainty, data and…
AfDB Postpones 2021 Africa Investment Forum Over Omicron COVID-19 Variant Concerns
The African Development Bank (AfDB) has postponed the 2021 Africa Investment Forum until further notice over…
HashiCorp Aiming For $13 Billion Valuation In IPO, According To Updated Prospectus
Cloud software vendor HashiCorp updated its IPO prospectus on Monday, disclosing plans to sell shares at a price…
Hong Kong Falls Nearly 3% As Asia Stocks Fall Amid Renewed Uncertainty Over…
Shares in Asia-Pacific mostly fell on Tuesday afternoon as investors in the region continued to track…
PIA: Natural Gas Price Rises By 50 Cents For Cement, Other Companies
The Domestic Base Price (DBP) of natural gas for heating has risen by half a dollar (50 cents) for cement, non-grid…
Banks’ Earnings Hit N2.64tn In Nine Months – Reports
Nine banks made a gross earning of N2.64tn in the first nine months of 2021 according to data collated from the…
BMW Unveils High-Performance XM Hybrid Electric Concept Vehicle Ahead Of U.S.…
BMW on Monday evening unveiled a new high-performance concept vehicle that previews an electrified crossover…
Dangote Refinery To Become Highest Employer Of Chemical Engineers
The National President of the Nigeria Society of Chemical Engineers has revealed that Dangote Oil Refining Company…
Twitter Has Accepted All Our Conditions – FG
The Federal Government says Twitter has agreed to all the conditions it laid out for its operations in Nigeria.…
ByteDance Backs Dubai Startup Building Logistics Chain to China
TikTok parent ByteDance Ltd. has invested in Dubai-based iMile Delivery LLC as part…
Seplat Energy Announces Plan To Acquire Exxon’s Shallow Water Assets
Seplat Energy, Nigeria’s largest listed oil and gas firm by market value, has announced that it is in competitive…
China Enshrines Ride-Hailing Curbs In Another Blow To Didi
China issued its most comprehensive set of guidelines yet governing the growth and expansion of its…
NCC To Conduct 5G Trial Thursday
The Nigerian Communications Commission says it is set for the second trial of 5G in Nigeria.
According to the…
Shock As Jack Dorsey Twitter CEO Steps Down
Jack Dorsey Twitter CEO steps down from his duty as the company’s CEO.
Dorsey, 45, who is also the CEO of Square…
Nigeria’s Exchange Rate Strategy Discourages Investors, increases Inflation –…
The World Bank says the Nigerian government’s exchange rate management policies are discouraging…
FG’s Capital Market Debt Servicing Gulps N2.18tn In 10 Months – Reports
Servicing of debts acquired through instruments issued by the Federal Government in the Nigeria capital market…
Adenia And Proparco Acquire Moroccan Catering Service Provider
Adenia Partners, one of the oldest Africa-focused private equity firms that has hit the road to raise its next…
Fintech Crossfin Sold In R1.5-Billion Deal
Crossfin Technology Holdings, a South African fintech investment firm, has been acquired by a consortium of…
African Capital Alliance Provides Equity Portion Of WIOCC’s Capital Raise
WIOCC Holding Company Ltd has raised $200 million in debt and equity capital to expand digital connectivity within…
Stocks Evergrande Shares Fall After Chairman Cuts Stake; Fantasia Suspends Trading
Shares in China Evergrande Group fell as much as 4.8% on Monday morning, after its chairman trimmed his stake in…
UK Regulator Set To Block Meta’s Giphy Deal
The UK competition regulator is expected to block Meta Platforms' acquisition of online GIF platform Giphy in the…
U.S. Commerce Chief To Make Pitch For Chips Funding In Michigan
U.S. Commerce Secretary Gina Raimondo will on Monday make a pitch in Michigan for Congress to approve $52 billion…
Currency In Circulation Rose By 4.58% To N2.97tn In October – CBN
The Central Bank of Nigeria (CBN) says the currency in circulation rose by 4.58% from N2.84tn in September to…
We’ve Carried Out Due Diligence In Honeywell Acquisition – Flour Mills
Flour Mills of Nigeria Plc (’FMN”) has assured its stakeholders that the recent announcement by the Group to assume…
FG May Extend 2021 Budget Implementation To Next Year
The Federal Government may extend the implementation of capital projects components in the 2021 Appropriation Act…
Investors Lose N71.44bn As Oil, Banking Stocks Decline
Investors in the equities market of the Nigerian Exchange Limited recorded a loss of N71.44bn at the end of the…
Broadband Subscriptions Drop By 9.8m Million Over Vandalism, Others
Broadband subscriptions dropped from 85.94 million recorded in December 2020 to 76.15 million in October 2021,…