Cryptocurrency Market Now Worth Over $3 Billion
The world cryptocurrency market is worth more than $3 trillion for the first time, according to calculations Monday, as mainstream investors…
Author: akintunde
EFCC Operatives Clash With Prison Officials Over Custody Of Maina
There was a commotion at the federal high court in Abuja on Monday after the sentencing of Abdulrasheed Maina, former…
FMDQ Securities Exchange Limited Partners With Luxembourg Stock Exchange
FMDQ Securities Exchange Limited has partnered with Luxembourg Stock Exchange (LuxSE) to facilitate the dual listing of securities issued by…
Delivery Platform Breadfast Lands $26 Million For Its Series A
The market for food and grocery delivery across Africa and the Middle East is worth nearly $1 trillion. And Egypt,…
US-Based At One Ventures Leads Round For Electric Vehicle Manufacturer
Opibus, the first company in Kenya to commercially future-proof diesel and gasoline vehicles by converting them to electric, is set…
OP Finnfund Backs Moroccan Healthcare Business
OP Finnfund Global Impact Fund I, a Finnish global emerging markets impact fund anchored by Finnfund, has invested $10 million…
Creadev Leads Series C Round For Twiga
Years ago, Americans spent most of their disposable income on food, but consistent investment in retail infrastructure has changed that.…
Chipper Cash Raised $150 Million In Series C Extension Round
Chipper Cash, an African cross-border payments company, has raised $150 million in a Series C extension round led by Sam…
Nigerian Stock Exchange Dropped By 0.06 Percent
The Nigerian stock market lost N12.58bn last week as investors took profits in oil and gas, banking and consumer goods…
SoftBank Group Reported $3.5 Billion Q3 Loss
SoftBank Group Corp reported a 397 billion yen ($3.5 billion) net loss for the July-September quarter, dragged down by a…
Berkshire Hathaway Report Operating Income Of $6.47 Billion In Q3
Berkshire Hathaway saw another double-digit increase in its operating profit thanks to a continuous rebound in it railroad, utilities and…
MDA Bank Charges And Insurance Premiums Expected To Amount To N22.6 Billion
Deposit Money Banks and insurance companies are expected to rake in the sum of N22.6bn in bank charges and insurance…
Ant Group Begins Differentiation Of Consumer Loan Business Jiebei From Bank Loans
China’s Ant Group said on Monday that it is making efforts to “differentiate” part of its short-term consumer loan business…
Bitcoin Hit All Time High
Bitcoin rose to a two-and-a-half-week peak on Monday and ether climbed to a fresh record as cryptocurrencies ride higher on…
Tesla Opens Battery Manufacturing Factory In Canada
Tesla opened a factory to produce battery manufacturing equipment in the Canadian city of Markham, Ontario, the city said on…
SolarWind Investors Sues Software Directors
SolarWinds Corp investors have sued the software company’s directors, alleging they knew about and failed to monitor cybersecurity risks to…
FG: New Electricity Will Connect Nigeria To Three Other Countries
The Federal Government announced on Friday that the transmission line being constructed under the West Africa Power Pool North Core…
Twitter Barn It’s Trend Section In Ethiopia Temporarily
Social network Twitter Inc has temporarily disabled its Trends section in Africa’s conflict-hit nation of Ethiopia over threats of physical…
Apple Employs Former Tesla Engineer To Boost Car Development Effort
Apple has hired a former engineer from Tesla Inc to boost its car-development efforts, Bloomberg News reported on Friday, citing…
U.S. Senate Introduce Bill To Limit Big Tech Mergers
Two U.S. senators have introduced bipartisan legislation that seeks to make it harder for Amazon.com and other tech giants to…
British House Prices Jump 0.9% In October
British house prices rose for a fourth month running in October in the latest sign of strong momentum in the…
Botswana’s Second Privately-Owned Coal Mine Set To Begin Work In 2022
Work is due to begin on Botswana’s second privately-owned coal mine in the first quarter of next year, the CEO…
Unilever Nigeria Recorded N58.7 Billion Q3 Turnover
Unilever Nigeria Plc has said it recorded a turnover of N58.7bn in the third quarter of 2021, compared to N44.7bn…
Foreign Exchange Payment For Estacodes And Personal Travel Allowances Amount To $3.95 Billion
The amount of foreign exchange used for the payment of estacodes and Personal Travel Allowances to Ministries, Departments and Agencies…
MTN Nigeria And Airtel Africa Plc Can Now Operate Payment Service Bank
MTN Nigeria and Airtel Africa Plc have received approval in principle to operate a payment service bank (PSB) in the…
Telecommunications Operators Request NCC To Reduce Price Set For 3.5GHz Spectrum Auction
Telecommunications operators have called on the Nigerian Communications Commission (NCC) to reduce the $197.4 million (N75 billion) reserve price set…
Polish E-Commerce Group Agrees To Buy Czech Online Retail Store
Polish e-commerce group Allegro has agreed to buy Czech online retailer Mall Group for 881 million euros ($1.02 billion) to…
Blue Origin Lawsuit Against NASA Got Rejected By Federal Judge
A federal judge on Thursday rejected a lawsuit by Jeff Bezos’ space company Blue Origin against the U.S. government over…
Uber Reported First Operating Profit As Driver Shortage Eases
Uber Technologies on Thursday reported its first profitable quarter on an adjusted basis since it launched more than a decade…
Apple To End Mask Mandate In Some US Retail Stores
Apple will remove its mask mandate for customers at many U.S. retail stores from Friday as COVID-19 cases decline. More…