Federal Executive Council Approves Reconstruction Of 21 Roads By NNPC
The federal executive council (FEC) has approved N621.2 billion for the Nigerian National Petroleum Corporation, (NNPC) to take over the…
Author: akintunde
FG To Review Licence Of Some Power Distribution Companies Over Poor Performance
There are indications that the Federal Government may, in the coming weeks, take punitive measure over the operating licences of…
Nigeria Stock Exchange Query FBN Holdings Over Shares
The Nigerian Exchange Limited (NGX) has queried FBN Holdings Plc, the holding company of First Bank of Nigeria, for classifying…
MultiChoice Africa Holdings Rejects Tribunal Tax Appeal Ruling
MultiChoice Africa Holdings, the parent company of MultiChoice Nigeria, has rejected the ruling of the Tax Appeal Tribunal, which dismissed…
FBN Holdings Confirms Hassan-Odukale Leads Femi Otedola With 0.29% Shareholding
FBN Holdings Plc has confirmed that Mr Tunde Hassan-Odukale is the single-largest shareholder in the company. A statement signed…
Crypto Startup QuickNode Raises $35 Million In Series A Funding Round
Blockchain development platform QuickNode has raised $35 million in a Series A funding round, the company said Wednesday. The round was…
World’s Biggest Maker Of Electric-Vehicle Batteries Report Profit That Exceed Analyst Estimate
Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of electric-vehicle batteries and a key supplier to Tesla Inc., reported…
Twitter Suffer $537 Million Net Loss In 2021 Q3
Twitter said Tuesday it had posted a $537 million net loss in the third quarter after settling a lawsuit alleging…
Tesla Major Investor Has Made $6 Billion On His Investment
Major Tesla investor Ron Baron on Wednesday said that he’s made $6 billion on his investment into the electric automaker…
Amazon Invest In Three More Start-Ups
Amazon said Wednesday it’s investing in three more start-ups as part of its $2 billion Climate Pledge Fund. The Climate…
Federal Government Of Nigeria Has Begun The Valuation Of Forfeited Properties
The Federal Government has begun the process for the valuation of property belonging to several politically exposed persons, including the…
Tesla Shares Jumped Above $1 Trillion
Tesla shares jumped for a fourth straight session on Monday, bringing the market capitalization for the electric-vehicle maker above $1 trillion for…
Nigerians Downloaded Over 200,000 Wallet In 24 Hours
Nigerians displayed massive interest in the Central Bank’s eNaira initiative downloading over 200,000 wallets in 24 hours. This is according…
Huawei Spinoff “Honor” First Smartphone To Launch In 40 Markets
Honor, the smartphone brand Huawei spun off last year, has launched its first smartphone overseas since becoming an independent company,…
National Pension Commission Recovered N19.29 Billion Unremitted Monthly Pensions By Employers
The National Pension Commission says it has recovered N19.29bn monthly pensions deducted by employers from employees’ monthly emoluments but not…
Agric-Tech Start-Up Secured $3.2 Millions Seed Round
Vendease, an agri-tech startup that lets restaurants and other food businesses buy supplies directly from manufacturers and farms, has secured…
United Bank Of Africa Recorded N490.3 Billion Gross Earning In Q3
United Bank for Africa, UBA Plc has recorded N490.3 billion gross earnings for the third quarter ended September 30, 2021…
What To Know About Nigeria Digital Currency
On Monday, President Muhammadu Buhari unveiled eNaira, Nigeria’s digital currency. At the launch, Buhari said the adoption of the Central…
Search Engine “Ecosia” Launch $405 Million Venture Capital Fund For Climate Crisis
Ecosia, the search engine that uses its ad revenue no to plant trees, has launched a 350 million euro ($405…
Nigeria: President Muhammadu Buhari Launch E-Naira
The President, Major General Muhammadu Buhari (retd.), on Monday, launched the eNaira platform. The eNaira is a culmination of several…
CBN Introduces E-Naira Speed Wallet And E-Naira Merchant Wallet
The Central Bank of Nigeria has finally launched its Central Bank Digital Currency called eNaira on Monday. The eNaira was…
Nigeria Government To Spend N7.53 Billion On 109 Digital Projects
The Federal Government has said it plans to spend about N7.53bn on digitisation and computerisation projects in 2022. According to…
HSBC Pre-Tax Profit For Q3 Jumped 75.8 Percent
HSBC on Monday reported third-quarter earnings that handily beat expectations and announced plans for a share buyback of up to…
French Development Agency Staked $70 Million To Bridge Nigeria Power Needs
To bridge the nation’s power needs and reduce environmental pollution, the Agence Francaise de Developement (AFD) has staked about $70m…