Nigeria Seeks participation In Business Jet Services
Nigerian operators are seeking more participation in the global luxury travel market estimated to grow by $1,232.77 trillion between 2021…
Author: akintunde
Foreign Airlines To Reduce Number Of Ticket On Nigeria Route Due To Dollar Scarcity
As the naira crisis continues to worsen, foreign carriers operating in Nigeria have begun moves to reduce the total number…
Nigeria Equity Market Investors Gain N340.29 Billion
Investors in the Nigerian equities market earned N340.29bn as trading ended on the floor of the Nigerian Exchange Limited on…
Meituan Get $534.3 Million Fine From China’s State Administration for Market Regulation
Meituan shares surged over 9% on Monday, leading China technology stocks higher, after the food delivery giant was slapped with…
MTN Nigeria Get SEC Approval To Launch Its series II Bond
The Securities and Exchange Commission (SEC) has granted MTN Nigeria Communications approval to launch its series II 10-year Fixed Rate…
18 NBA Veterans Arrested For Conspiracy To Defraud NBA Health Plan
An alleged scheme to defraud the NBA health plan of millions of dollars has led to the arrest and indictment…
Federal Government Of Nigeria Allocated N5.93 Trillion To Critical Sectors
The Federal Government has allocated the sum of N5.93tn to critical sectors of the economy including defence, health, education and…
Apple Plan New Regional Headquarter Location In Los Angeles
Apple will build a new regional headquarters at the border of Culver City and Los Angeles, the company said on…
U.S. Oil Benchmark Crossed $80 Per Barrel First Time Since 2014
West Texas Intermediate crude futures, the U.S. oil benchmark, crossed $80 per barrel on Friday for the first time since…
California Was A Difficult Place: Elon Musk On Moving Company’s Headquater
Chief executive Elon Musk announced the move at the electric carmaker’s annual shareholders’ meeting in Austin. Mr Musk had fallen…
Nigeria Fintech Provider Attracted Over $1 Billion Investment In Six Years
The Nigerian financial technology providers, fintechs, have attracted at least $1 billion (about N410.82 billion) investments in six years. This…
Co-Impact To Give Grant For Promotion Of Gender Equality
Co-Impact has reiterated its commitment to raising and deploying $1 billion, through its Gender Fund, to initiatives working to advance…
Samsung Share Falls Due To Global Chip Shortage
Samsung Electronics shares failed to hold onto earlier gains on Friday after the company said its operating profit for the…
Nigeria Lose N103.92 Million From 2976 Hour Twitter Ban
The Nigerian government had on June 4 ordered the suspension of Twitter. Recently, the President, Major-General Muhammadu Buhari (retd.) said,…
We Haven’t Borrowed Beyond Sustainable Limit: Nigeria’s President
President Muhammadu has justified his quest for more financial borrowings, saying that the debt of the federal government was within…
China Forex Reserves Fall To Lowest Since April
China’s foreign exchange reserves fell almost 1% in September from the previous month, official data showed on Thursday, hitting their…
UK Online Grocer Ocado To Invest $13.6 Million In Driverless Technology Startup Wayve
British online grocer Ocado is investing 10 million pounds ($13.6 million) in self-driving technology startup Wayve and a partnership to…
Nigeria Total Pension Assets Have Risen To Over N13 Trillion: PenCom
National Pension Commission (PenCom) says the nation’s total pension assets have risen to over N13 trillion. Director-general of the pension…
International Airlines Plan Airfare Hike Of At Least $2.3bn (N950bn)
Airfare hikes by international airlines operating flights into Nigeria and other countries may be imminent as airport and air navigation…
Applovin Buys Twitter Mobile Advertising Network “MoPub”
Twitter on Wednesday announced the sale of its MoPub mobile advertising network to AppLovin, a game developer and ad-tech company,…
Bitcoin Hit Its Highest Level “$55,000” Since May 2021
Bitcoin just made a major comeback. The cryptocurrency rallied on Wednesday, topping $55,000 and hitting its highest level since mid-May.…
Nigeria E-Payment Rose By 6.37% In September
The value of e-payment transactions in Nigeria rose by 6.37 per cent to N24.08tn in September. This was according to…
World Bank Growth Projection Of Nigeria Economy Change From 1.8% To 2.4%
The World Bank has said Nigeria’s economy is projected to grow by2.4 per cent in 2021. This is an increase…
Rise In Global Oil Prices And Naira Depreciation Leads To Rise In Price Of Diesel
Fuel marketers have increased the price of Automotive Gas Oil, also known as diesel, to N320 per litre as the…
Nigeria Banks Begin Application Of E-Naira Features
Banks have started to onboard the e-Naira feature on their applications. In its latest update, the Guaranty Trust World app…
Amazon Receive Tax Break Of $650 Million From Local Governments Across U.S.
Amazon has been awarded a record amount of tax exemptions, grants and other incentives this year from local government across…
Consumption Of Premium Motor Spirit (PMS) Dipped By 132,301,071 Litres In August 2021
The Petroleum Products Pricing Regulatory Agency (PPPRA) report on Petroleum Products Supply in August yesterday indicated that the consumption of…
PMB: Nigeria’s President Writes Lawmakers Requesting 17.67% Increase Of Federal Government’s 2022 Projected Expenditure
Nigerian President Muhammadu Buhari has written to lawmakers seeking a 17.67 percent increase of the Federal Government’s projected expenditure in…