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Author: akintunde

Nigeria External Debt Stock Figure Rise To $14.37 Billion
AfricaLocal

Nigeria External Debt Stock Figure Rise To $14.37 Billion

The Debt Management Office disclosed in a statement on its website on Tuesday titled ‘Nigeria raises $4bn through Eurobonds’. This…

byakintundeSeptember 22, 2021
2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Presentation Stepped Down – Nigerian Senate
AfricaLocalMarket

2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Presentation Stepped Down – Nigerian Senate

The disagreement between the leadership of the Senate and the joint Senate committees that worked on the 2022-2024 Medium Term…

byakintundeSeptember 21, 2021September 22, 2021
Most Virtual Currency Activity Is Legal: U.S. Treasury Department  Emphasize
TechnologyWorld

Most Virtual Currency Activity Is Legal: U.S. Treasury Department Emphasize

The U.S. Treasury Department announced Tuesday it will sanction a cryptocurrency exchange for its alleged role in laundering ransoms for…

byakintundeSeptember 21, 2021
AT&T CEO Says He Is Dissatisfied About Company’s Bran
BusinessTechnologyWorld

AT&T CEO Says He Is Dissatisfied About Company’s Bran

AT&T CEO John Stankey said  he’s unhappy with his company’s brand and plans to refresh the wireless carrier’s image in…

byakintundeSeptember 21, 2021
Merchants And Business Outlets Must Accept E-Naira As A Form Of Payment
AfricaBankingBusinessLocalTechnology

Merchants And Business Outlets Must Accept E-Naira As A Form Of Payment

The Central Bank of Nigeria says the e-naira which is set to be launched on October 1 is a legal…

byakintundeSeptember 21, 2021September 22, 2021
Google Introduce Auto-Resetting Permission Feature To Android Users
TechnologyWorld

Google Introduce Auto-Resetting Permission Feature To Android Users

In an attempt to protect old android phones from malware and malicious ad trackers, Google is set to unveil a…

byakintundeSeptember 21, 2021September 21, 2021
Twitter Is To Pay $809m To Settle A 2016 Lawsuit
TechnologyWorld

Twitter Is To Pay $809m To Settle A 2016 Lawsuit

Twitter announced Monday it will pay $809m to settle a 2016 lawsuit alleging members of the social network’s leadership, including…

byakintundeSeptember 21, 2021September 21, 2021
No More Electricity Subsidy For Nigerians Starting From January 2022
AfricaLocal

No More Electricity Subsidy For Nigerians Starting From January 2022

With plans to end the electricity subsidy from next year, Nigerians would have to pay more for the commodity under…

byakintundeSeptember 21, 2021
Let’s Unlock Nigeria’s Housing Deficit: Vice President Osinbajo
AfricaLocalMarket

Let’s Unlock Nigeria’s Housing Deficit: Vice President Osinbajo

Vice President Yemi Osinbajo has urged financial market experts to support the Federal Government’s efforts by developing an appropriate housing…

byakintundeSeptember 21, 2021September 24, 2021
Nigeria Exchange Market Close Negatively Amidst Sell-Offs
AfricaLocalTrade

Nigeria Exchange Market Close Negatively Amidst Sell-Offs

At the end of today’s trading session, the Nigerian Exchange market closed negative amidst sell-offs and buy-interests as the benchmark…

byakintundeSeptember 21, 2021
N2.35 Trillion Generated From The Sale Of Petroleum
AfricaLocalMarket

N2.35 Trillion Generated From The Sale Of Petroleum

The Nigerian National Petroleum Corporation on Monday said that the total revenue generated from the sale of petroleum products for…

byakintundeSeptember 21, 2021
Fintech Company Wise Debuts  Investments Feature That Allow Users Invest In Stocks
TechnologyWorld

Fintech Company Wise Debuts Investments Feature That Allow Users Invest In Stocks

British financial technology firm Wise debuted an investments feature Tuesday that lets users invest in stocks through multiple currencies and…

byakintundeSeptember 21, 2021September 21, 2021
Bitcoin Lost As Much As 10% On Monday Morning
InvestingTechnologyWorld

Bitcoin Lost As Much As 10% On Monday Morning

The price of bitcoin dropped sharply Monday as investors began shedding risk amid a global equity markets decline. While bitcoin…

byakintundeSeptember 20, 2021
Housing Market Experience It’s First Increase In Three Month
MarketTradeWorld

Housing Market Experience It’s First Increase In Three Month

Homebuilders in the single-family construction market are feeling better, as lumber prices are way down from sky-high levels and buyer…

byakintundeSeptember 20, 2021
CDC Group chooses BluePeak and Vantage Funds For First Private Credit Deals
AfricaInvestingLocal

CDC Group chooses BluePeak and Vantage Funds For First Private Credit Deals

CDC Group Plc, the UK’s development finance institution (DFI) and impact investor, said Tuesday it has made a $60 million…

byakintundeSeptember 20, 2021
Dollar Exchange At Different Rates In Lagos And Abuja
AfricaLocalTrade

Dollar Exchange At Different Rates In Lagos And Abuja

The dollar rose to between N572 and N575 in different parts of the country on Monday barely two days after…

byakintundeSeptember 20, 2021
Africa To Get  8 New Submarine Cables, To Fully Benefit From International Digital Economy
AfricaLocalTechnology

Africa To Get 8 New Submarine Cables, To Fully Benefit From International Digital Economy

Industry players have said that Africa will get eight new submarine cables in the coming years. They also said that…

byakintundeSeptember 20, 2021
Central Bank Of Nigeria Disbursed N134.57 Billion To Agribusiness/Small and Medium Enterprise Investment Scheme
AfricaBusinessLocalMarket

Central Bank Of Nigeria Disbursed N134.57 Billion To Agribusiness/Small and Medium Enterprise Investment Scheme

With the aim of supporting MSMEs across the country, the CBN disbursed N134.57 billion to Agribusiness/Small and Medium Enterprise Investment…

byakintundeSeptember 20, 2021
President Muhammadu Buhari Approves Board For  Nigerian National Petroleum Company Limited
AfricaLocal

President Muhammadu Buhari Approves Board For Nigerian National Petroleum Company Limited

In his capacity as the Minister of Petroleum Resources, President Muhammadu Buhari has ordered the incorporation of the Nigerian National…

byakintundeSeptember 20, 2021
Nigeria To Acquire More Satellites Between Now And 2025
AfricaLocalTechnology

Nigeria To Acquire More Satellites Between Now And 2025

Nigeria is expected to acquire new satellites in another four years for maximum coverage of the country. This is even…

byakintundeSeptember 20, 2021
Africa Geonomics Startup “54gene” Secures $25 Million In Series B Funding
AfricaLocal

Africa Geonomics Startup “54gene” Secures $25 Million In Series B Funding

Less than 3% of genetic material used in global pharmaceutical research is from Africa. The staggering gap is quite surprising…

byakintundeSeptember 20, 2021September 20, 2021
Cairo Based E-Commerce Start-Up Raise $33 Million In Series A Round
AfricaInvestingLocalMarket

Cairo Based E-Commerce Start-Up Raise $33 Million In Series A Round

Funding startups that help manufacturers and sellers distribute products and merchants access them on a single platform keeps increasing across…

byakintundeSeptember 20, 2021
Afrexim Annouces Investment In A Pan-African Telecommunications Technology Group – Liquid Intelligence Technology
AfricaInvestingLocal

Afrexim Annouces Investment In A Pan-African Telecommunications Technology Group – Liquid Intelligence Technology

African Export-Import Bank (Afreximbank) has announced a minority investment by the Fund for Export Development in Africa (FEDA) into Liquid…

byakintundeSeptember 20, 2021September 20, 2021
Africa Capitalworks Makes Equity Investment In Dorman Long Engineering Limited
AfricaInvestingLocal

Africa Capitalworks Makes Equity Investment In Dorman Long Engineering Limited

Africa Capitalworks (“ACW”), a Sub-Saharan Africa-focused private equity company, announces a significant equity investment in Dorman Long Engineering Limited (“DLE”)…

byakintundeSeptember 20, 2021
Nigeria: “5G Pose No Risk To The Quality Of Human Life“ Says Experts
AfricaLocalOpinionTechnology

Nigeria: “5G Pose No Risk To The Quality Of Human Life“ Says Experts

Experts in the Information, Communications and Technology sector have backed the Federal Government on its plan to deploy the Fifth…

byakintundeSeptember 20, 2021September 20, 2021
Nigerian Agricultural Insurance Corporation In Talk With Central Bank Of Nigeria And Other Stakeholders On The Need For Perfect Data For Farmers
AfricaBankingBusinessLocalMarket

Nigerian Agricultural Insurance Corporation In Talk With Central Bank Of Nigeria And Other Stakeholders On The Need For Perfect Data For Farmers

The Nigerian Agricultural Insurance Corporation has said it is discussing with the Central Bank of Nigeria and other stakeholders on…

byakintundeSeptember 20, 2021
Effort To Sell Forex To Legitimate Travelers Is Been Inundated With Fake Demands – CBN
BankingBusinessLocalMarket

Effort To Sell Forex To Legitimate Travelers Is Been Inundated With Fake Demands – CBN

Eight weeks after the Central Bank of Nigeria stopped selling forex to Bureau De Change operators and asked legitimate travellers…

byakintundeSeptember 20, 2021September 20, 2021
Central Bank Of Nigeria Monetary Policy Meeting Outcome
AfricaBreakingLocalMarket

Central Bank Of Nigeria Monetary Policy Meeting Outcome

The Monetary Policy Committee of the Central Bank of Nigeria (CBN), rose from its 138th meeting on Friday, with a…

byakintundeSeptember 18, 2021September 19, 2021
Nigeria: Lagos State Inland Revenue Service Is Ready For Value Added Tax Collection
AfricaLocal

Nigeria: Lagos State Inland Revenue Service Is Ready For Value Added Tax Collection

The Lagos State Inland Revenue Service has said it is ready for Value Added Tax collection. It disclosed this in…

byakintundeSeptember 18, 2021
Global Citizen Gets FGN and Access Bank Backing
AfricaLocal

Global Citizen Gets FGN and Access Bank Backing

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, and Access Bank Plc have backed Global Citizen’s moves…

byakintundeSeptember 18, 2021September 19, 2021

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