Nokia To Launch Cloud-Based Software Subscription Service
Nokia said on Wednesday it plans to launch a cloud-based software subscription service targeting telecom companies for providing software around…
Author: akintunde
Amazon To Stop Accepting Visa Credit Cards Issued In UK
Amazon.com Inc will stop accepting payments made using Visa Inc credit cards issued in the United Kingdom starting next year.…
Baidu Quarterly Results Top Estimates On Ad Sales, AI
China’s Baidu Inc beat Wall Street estimates for quarterly revenue and adjusted profit on Wednesday, helped by stronger advertising sales…
Three Pharma Firms Rake $93.5m From Covid-19 Daily
Pfizer, BioNTech and Moderna are making combined profits of $93.5million daily from their highly successful Covid-19 vaccines while the world’s…
US Launches Project To Empower 300 Osun Schoolgirls
The United States Consulate General has launched a project aimed at empowering 300 high school girls in Osun State to…
FMDQ Lists MTN Nigeria’s N110bn Bond
FMDQ Securities Exchange Limited has agreed to list MTN Nigeria’s N110 billion series 1 senior unsecured fixed rate bond. Karl…
$6b Bolt Shuns American Market, Focuses On Nigeria, Africa
America may arguably be the most stabilised economy by many indices, but $6b-valued ride-hailing company, Bolt is not playing in…
Nigeria, Eight Others Top African Countries With High Airport Charges – Report
Nigeria and eight others have been ranked as African countries with high airport taxes, a new report has revealed. Niger,…
Reps Extend NDDC’s 2020 Budget By Nine Months
The House of Representatives on Tuesday extended the expiration date of the 2020 budget of the Niger Delta Development Commission…
Delta Airlines Records Surge In Bookings As US Opens Up
Delta Air Lines says it will be increasing flights from key European cities into the United States following the reopening…
UNICEF, Jumia Plan Internet For Nigerian Schools
The United Nations Children’s Fund and Jumia, an African e-commerce platform, have partnered in support of Giga’s work in Nigeria…
Crypto Firms Practise High-Level Illegality, Alleges Emefiele
The Governor of the Central Bank of Nigeira, Godwin Emefiele, has again expressed the apex bank’s disapproval for cryptocurrency transactions…
ENaira May Reduce Deposits In Commercial Banks, IMF Warns CBN
The International Monetary Fund has said the eNaira wallet may function as a deposit at the Central Bank of Nigeria…
Microlenders Leverage Cloud Software To Tackle Rising Default Rate
Amid the growing rate of default in the micro-credit ecosystem, Configure, a bank-level core lending platform that enables users to…
BoI: We Disbursed N1trn Loans To Over 327,000 Businesses In Five Years
The Bank of Industry (BoI) says it has disbursed N1 trillion worth of loans to over 327,000 micro, small and…
Evergrande Chief’s Luxury Assets In Focus As His Company Scrambles To Pay Debts
As developer China Evergrande Group scrambles to meet its debt obligations, its founder is freeing up funds from luxury assets including…
Alleged Importer Of Fake Tramadol Gets N10m Bail
A Federal High Court sitting in Lagos, on Monday, granted a N10 million bail to a 43-year-old businessman, Afamefuna Udensi,…
States Get Reduced Rate On Loans, N656bn Bridging Facility
The federal government has cut down to 5 per cent, the interest rate on intervention facilities to state governments in…
EFCC Drags CEO To Court Over $100m Fraud
Economic and Financial Crimes Commission (EFCC) has dragged the Group Managing Director (GMD) of an oil marketing firm, Triumph Oil and…
Vodafone Raises Free Cash Flow Guidance After ‘Solid’ First Half
Mobile operator Vodafone raised its forecast for this year’s free cash flow on Tuesday after it reported 6.5% growth in…
Tesla’s Musk Sells $930 Million In Shares To Cover Stock Option Tax – Filings
Tesla CEO Elon Musk has sold $930 million in shares to meet tax withholding obligations related to the exercise of stock…
U.S. States File Updated Antitrust Complaint Against Alphabet’s Google
A group of U.S. states led by Texas have filed an amended complaint against Alphabet Inc’s Google accusing the tech…
Poverty Rate In Most North-East States Is 70% – World Bank
The World Bank has put poverty rate in most states of the North-East at 70 per cent, adding that the…
Keystone Bank Denies Reports On Its Meeting With Reps Committee On Recovery
Keystone Bank Limited has said that reports in some sections of the online media on its meeting with the House…
ALERT: Iranian Hackers Targeting Telcos In Nigeria, NCC Warns
The Nigerian Communications Commission (NCC) has alerted Nigerians about the existence of a hacking group orchestrating cyber espionage in the…
Dave Chappelle For Gender Realism
How does a millionaire celebrity comedian with a boatload of awards retain his subversive edge? The great Richard Pryor solved the…
Amazon Settles With California Over Claims It Concealed Covid-19 Cases From Warehouse Workers
Amazon on Monday reached a settlement with California’s attorney general over claims it concealed Covid-19 case numbers from its warehouse…
Large-Cap Stocks Drag Market Lower, Investors Lose N11.83bn
The Nigerian equities market started the week on a negative note as declines in some large-cap stocks saw the market…
Insurance Firms Rake In N2.1tn Premiums In Five Years – Report
Nigerian insurance companies earned a total gross premium of N2.1tn between 2016 and 2020, according to figures obtained from the…