Real Time Financial News Website
Nokia said on Wednesday it plans to launch a cloud-based software subscription service targeting telecom companies for providing software around analytics, security and data management. Many technology companies have been…
Amazon.com Inc will stop accepting payments made using Visa Inc credit cards issued in the United Kingdom starting next year. Amazon customers can still use Visa debit cards, Mastercard and…
China’s Baidu Inc beat Wall Street estimates for quarterly revenue and adjusted profit on Wednesday, helped by stronger advertising sales and demand for its artificial intelligence and cloud products. A…
Pfizer, BioNTech and Moderna are making combined profits of $93.5million daily from their highly successful Covid-19 vaccines while the world’s poorest countries remain largely unvaccinated, according to a new analysis.…
The United States Consulate General has launched a project aimed at empowering 300 high school girls in Osun State to pursue education and careers in STEM fields. According to a…
FMDQ Securities Exchange Limited has agreed to list MTN Nigeria’s N110 billion series 1 senior unsecured fixed rate bond. Karl Toriola, chief executive officer, MTN Nigeria, said this in a…
America may arguably be the most stabilised economy by many indices, but $6b-valued ride-hailing company, Bolt is not playing in the market and not planning to be there in the…
Nigeria and eight others have been ranked as African countries with high airport taxes, a new report has revealed. Niger, Liberia, Guinea Bissau, Senegal, Bangui, Sierra Leone, Republic of Congo,…
The House of Representatives on Tuesday extended the expiration date of the 2020 budget of the Niger Delta Development Commission from March 31, 2021 to December 31, 2021. The Chairman…
Delta Air Lines says it will be increasing flights from key European cities into the United States following the reopening of American borders to fully vaccinated passengers. A statement by…
The United Nations Children’s Fund and Jumia, an African e-commerce platform, have partnered in support of Giga’s work in Nigeria to connect every school to the Internet and every young…
The Governor of the Central Bank of Nigeira, Godwin Emefiele, has again expressed the apex bank’s disapproval for cryptocurrency transactions in Nigeria, saying the space and its operators are “embedded…
The International Monetary Fund has said the eNaira wallet may function as a deposit at the Central Bank of Nigeria and consequently reduce demand for deposits in commercial banks. The…
Amid the growing rate of default in the micro-credit ecosystem, Configure, a bank-level core lending platform that enables users to build, launch, and manage any type of loan product end-to-end,…
The Bank of Industry (BoI) says it has disbursed N1 trillion worth of loans to over 327,000 micro, small and medium enterprises (MSMEs) and large businesses in the last five…
As developer China Evergrande Group scrambles to meet its debt obligations, its founder is freeing up funds from luxury assets including art, calligraphy and three high-end homes, according to filings…
A Federal High Court sitting in Lagos, on Monday, granted a N10 million bail to a 43-year-old businessman, Afamefuna Udensi, charged with alleged importation of fake Tramadol. The News Agency…
The federal government has cut down to 5 per cent, the interest rate on intervention facilities to state governments in addition to a bridging facility of N656.1 billion in a…
Economic and Financial Crimes Commission (EFCC) has dragged the Group Managing Director (GMD) of an oil marketing firm, Triumph Oil and Gas Madagascar Nigeria Limited, Ibrahim Olanrewaju Mahmud to court…
Mobile operator Vodafone raised its forecast for this year’s free cash flow on Tuesday after it reported 6.5% growth in adjusted core earnings in its first half, driven by a…
Tesla CEO Elon Musk has sold $930 million in shares to meet tax withholding obligations related to the exercise of stock options, U.S. securities filings showed on Monday. Musk sold…
A group of U.S. states led by Texas have filed an amended complaint against Alphabet Inc’s Google accusing the tech giant of using coercive tactics and breaking antitrust laws in…
The World Bank has put poverty rate in most states of the North-East at 70 per cent, adding that the region suffers from severe climate crisis and conflict which are…
Keystone Bank Limited has said that reports in some sections of the online media on its meeting with the House of Representatives Ad Hoc Committee on Assessment and Status of…
The Nigerian Communications Commission (NCC) has alerted Nigerians about the existence of a hacking group orchestrating cyber espionage in the African telecoms space. An Iranian hacking group known as Lyceum…
How does a millionaire celebrity comedian with a boatload of awards retain his subversive edge? The great Richard Pryor solved the problem in the 1970s and 1980s by ever more…
Amazon on Monday reached a settlement with California’s attorney general over claims it concealed Covid-19 case numbers from its warehouse workers. The company has agreed to notify warehouse workers within…
The African Export-Import Bank (Afreximbank) says it will disburse $40 billion to support intra-African trade over the next five years. Nigeria is expected to be benefit from the funding as…
The Nigerian equities market started the week on a negative note as declines in some large-cap stocks saw the market closing lower by N11.83bn at the end of trading. The…
Nigerian insurance companies earned a total gross premium of N2.1tn between 2016 and 2020, according to figures obtained from the Nigerian Insurers Association on Monday. The data showed that the…