“Most Competitive In The World” Elon Musk Lauded Chinese Automakers
Tesla CEO Elon Musk lauded Chinese automakers Friday, calling them the “most competitive in the world,” during a pre-recorded question-and-answer stream…
Author: akintunde
Delta State Government To Partner Manufacturers Association of Nigeria (MAN) For Youth Empowerment
Delta State Government yesterday, expressed readiness to partner Manufacturers Association of Nigeria (MAN) to empower youths in the state with…
Naira Depreciate Further, Exchange At N570 To $1 In Black Market
The naira continued its downward trend after exchanging to the dollar for 570 on Thursday. A week earlier, the naira…
Nigeria: ‘W’ Initiative Partners With SME.NG
The W Initiative, a brand dedicated to inspiring, connecting, and empowering women in all categories, has partnered with SME.NG to…
Nigeria Quickteller Paypoint Recruits New Agents To Provide Financial Services
Quickteller Paypoint, a service under Interswitch Financial Inclusion Services (IFIS), has continued to live up to its commitment to empowering…
Lafarge Nigeria Makes 8.3% In Revenue Growth – 2020
Lafarge Africa Plc has said it recorded a sales revenue of N230.6bn in 2020. This shows 8.3 per cent revenue…
Singapore Exchange New Rules Allow Special Purpose Acquisition Company (SPACs) To List On Its Platform
The Singapore Exchange could receive its first application for a SPAC listing in “the next couple of weeks,” Chief Executive Loh Boon…
European Market Outpace Other Major Market
European markets advanced on Friday, outpacing other major markets as global investors continue to weigh the prospect of slowing economic…
No Plan To Convert Domiciliary Account To Naira- Central Bank Of Nigeria
The Central Bank of Nigeria (CBN) has again dispelled speculations that it was planning to convert the foreign exchange (FX)…
World Bank Battles Data Irregularities On 2018 And 2020 Doing Business Report
The World Bank Group announced on Thursday that it was discontinuing the ‘Doing Business report’ after data regularities were discovered…
Nigeria Back In The International Capital Market With A Plan To Raise At Least $3bn From Eurobond Issuance
The Debt Management Office has disclosed that Nigeria is back in the International Capital Market after about three years with…
Nigeria: Department of Petroleum Resources Set Additional Revenue Target Of N5 Trillion
At a period when most Ministries Departments and Agencies(MDAs) are struggling to met their 2021 revenue budget, the Department of…
Apple IPhone 13 Gets Over 2 Million Pre-Order From Chinese Consumer
More Chinese consumers are rushing to order Apple’s latest iPhone now than last year, according to a South China Morning…
Nigeria: Lagos Chamber of Commerce and Industry Demand For Adjustment Of Sharing Formula Of Taxes
The Lagos Chamber of Commerce and Industry (LCCI) has advised that the current sharing formula of taxes for states and local…
Stock Market Experiencing Gradual Slow Down
The land mines for the markets are becoming more numerous. Seasonal weakness is combining with continuing uncertainty over the impact…
Debt Management Office Disclose Nigeria’s Public Debt
The Debt Management Office (DMO) has disclosed that Nigeria’s public debt, comprising domestic and external obligations of the Federal Government,…
United State Treasury Yields Rise Ahead Of Jobless Claims Figures
United State Treasury yields rose slightly on Thursday morning, ahead of the release of weekly jobless claims data. The yield…
Goggle Cloud Engineering Uint Get Reorganized
Google Cloud CEO Thomas Kurian is shaking up the unit’s engineering organization in hopes of gaining market share more quickly.…
Nigeria: Dollar Scarcity Thwart Sale Of Shell Petroleum Asset
The Chief Executive Officer of the Guaranty Trust Holding Company Plc, Mr Segun Agbaje, has said that Nigerian lenders likely…
Nigeria: Composite Food Inflation Rise By 20.30%
The National Bureau of Statistics on Wednesday said that the composite food index rose by 20.30 per cent in August…
Federal Government Of Nigeria In Partnership With Konga
The Minister of Youth and Sports Development Sunday Dare during the signing of a landmark partnership between Konga and the…
Central Bank Of Nigeria Set To Launch Infrastructure Fund ‘Infracorp’ In October.
The Central Bank of Nigeria announced that InfraCorp Plc, the N15trn Infrastructure Fund which will boost funding for capital projects,…
Nigeria: Phishing Attack On Business On The Rise Since The Start Of Pandemic
About 66 percent of Nigerian firms have reported an increase in phishing attacks since the pandemic started. Sophos, a cybersecurity…
Former Amazon Executive And Fintech CEO Have Been Hired To Lead Day-To-Day Operations Of Investing And Savings App “Acorns”
Investing and savings app Acorns has hired a former Amazon executive and fintech CEO to lead day-to-day operations ahead of the start-up’s debut as…
Naira Depreciates Further In The parallel market; Exchanges At N557 To $1
Naira depreciates as the exchange rate at the parallel market depreciated again to another all-time low on Tuesday to close…
Goldman Sachs Expand By Acquiring “Buy Now Pay Later Fintech” Greensky
Goldman Sachs is acquiring digital lender GreenSky for $2.24 billion as the investment bank pushes further into consumer finance. Greensky shares soared higher…
Weber, Microsoft, Canadian National Railway Are Stocks Leading In Pre-Market
Weber (WEBR) – The grill maker’s stock jumped 3.8% in the premarket, following its first quarterly report since going public…
Singapore: Carousell An Online Marketplace Is Now Valued At $1.1 Billion
The Singapore-based Carousell said it is now valued at $1.1 billion — which makes it Southeast Asia’s latest unicorn, a start-up worth more than a billion dollars.
Double-Digit inflation Rate Drove Ten Nigeria Banks Operating Expenses By Seven Percent To N932.26billion
Despite the bountiful profits reported by deposit money banks in the country in their Q2 reports, it has emerged that…
ECO-Green Buses Get Introduced To Nigeria By Austrian Technologies
Austrian Technologies Nigeria, a natural gas-powered vehicle manufacturer, has disclosed details of its full range of ECO-Green buses, some of…