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Nigeria: FG to Pay Arrears of Minimum Wage To Varsity Staff October
The federal government has given an undertaken to clear the arrears of the consequential adjustment on the new…
Nigeria: Elevated CRR Level Moderated Banking Industry’s Performance, Liquidity…
The Nigerian banking industry would have recorded a return on average equity (ROE) of 31.6 per cent if not for the…
Nigeria:CIBN Canvasses Tax Expansion To Improve Revenue
The Chartered Institute of Bankers of Nigeria (CIBN), Lagos State chapter has suggested the restructuring of…
Nigeria’s GDP Grows Further By 5.01% In Q2 2021
Nigeria’s Gross Domestic Product (GDP) grew by 5.01% (year-on-year) in real terms in the second quarter of 2021,…
Nigeria: Troubles Ahead, Experts Warn As Debt Servicing Gulps 91% Of Revenue
The Federal Government spent N2.02tn on debt servicing in the first six months of this year.
This figure…
Nigeria: NNPC Records N287bn As 2020 PAT
President Muhammadu Buhari, has announced a N287 billion profit after tax for the Nigerian National Petroleum…
Nigeria:Stock Market Rebounds As Capitalisation Rises By N15 Billion
As price gains outweighed losses, transactions on the equities sector of the Nigerian Exchange Limited (NGX) closed…
As China Tightens Data Rules, Xpeng Says It’s On The ‘Right Side’ Of Regulation
Xpeng’s president says the Chinese electric vehicle maker is on the “right side of the regulation,” as Chinese…
In Major Policy Change, Apple Will Allow Developers To Email Customers About…
Apple will allow app developers to email their users about non-Apple purchase options, in a major change to App…
Education Department Will Cancel Student Debt For 115,000 Borrowers
The U.S. Department of Education announced Thursday it will cancel $1.1 billion in student debt for 115,000…
This 12-year-old Coder Is Set To Earn Over $400,000 After About 2 Months Selling…
Benyamin Ahmed isn’t your average 12-year-old.
When he’s not at school, he enjoys swimming, taekwondo — and…
London Tech Firms Struggle To Hire As Silicon Valley Giants Scale Up In The City
Technology firms in London are finding it increasingly difficult to recruit tech workers as Silicon Valley tech…
Telecoms: Nigeria’s Data Usage Rises By 202% In Three Years
Data usage in Nigeria surged by 202.08 per cent in three years, according to data from the Nigerian Communications…
Nigeria: Importation Of Petroleum Products Will Soon Be Over
Nigerian National Petroleum Corporation (NNPC), yesterday, assured Nigerians that the importation of petroleum…
Nigeria: Stakeholders Proffer Solution To Better Intra-African Trade
As Africa gears toward the implementation of the African Continental Free Trade Area (AfCFTA) agreement,…
Nigeria: CBN Threatens Prosecution Of Forex Policy Defaulters
Banks have warned that defaulters of the new foreign exchange policy may face criminal prosecution by the Central…
Nigeria: At N513m, Securities Lending On NGX Hits Historical Record
The Nigerian Exchange (NGX) Limited has disclosed that value of Securities Lending market increased to…
European Stocks Set To Retreat As Global Markets Subdued Ahead Of Fed Symposium
European shares are set to pull back Thursday, with global markets striking a cautious tone as U.S. Federal…
Xiaomi Acquires Autonomous Driving Firm As It Looks To Boost Nascent Electric…
Chinese electronics giant Xiaomi has acquired an autonomous driving start-up, jumping into an extremely competitive…
China’s After-School Crackdown Wipes Out Many Jobs Overnight
For hundreds of thousands of Chinese people, Beijing’s crackdown on after-school tutoring this summer means…
Microsoft Hires Former Amazon Cloud Executive Charlie Bell
Microsoft has hired Amazon cloud executive Charlie Bell as a corporate vice president, CNBC has confirmed.
The…
Australia’s Qantas Hopes To Resume International Flights By Christmas, CEO says
Australian carrier Qantas expects international flights to the U.S., the U.K. and parts of Asia to resume by…
South Korea Hikes Interest Rates, The First Developed Economy To Do So In Pandemic…
South Korea’s central bank raised interest rates on Thursday in a decision that was expected as financial risks…
Nigeria: Globacom Redefines TV Viewing With Glo TV Launch
In a bold step to redefine television viewing experience for all Nigerians, Globacom has announced the launch of …
Nigeria: FG, States, LGAs To Get New Revenue Formula This Year –RMAFC
Twenty-eight years after the last revenue sharing formula was introduced, the Chairman of Revenue Mobilisation…
Stocks Making The Biggest Moves Premarket: Dick’s Sporting, J&J, Express,…
Dick’s Sporting Goods (DKS) – The sporting goods retailer’s shares jumped 4.9% in the premarket, as its quarterly…
Ray Dalio Is Wrong About China’s Tech Crackdown, Economist Says
China expert George Magnus disagrees with Bridgewater Associates’ Ray Dalio on Beijing’s tech crackdown.
In…
Nigeria: FG Releases N1.3trn To Fund 2021 Capital Budget
The federal government has released N1.3 trillion to fund part of the 2021 capital expenditure budget of its…
Nigeria: Reps Direct PPPRA To Produce Consumption, Revenue Remittances Records
The House of Representatives committee on Finance has directed the Pipeline Products Pricing Regulatory Agency…