Shareholder Payouts To Hit $1.4 Trillion in 2021, Nearing Pre-Pandemic Levels, Research Shows
Company payouts to shareholders are projected to hit $1.39 trillion in 2021, just 3% below their pre-pandemic peak, according to…
Author: akintunde
Millennials And GenZs Are Driving The Adoption And Penetration Of Digital Banking In Nigeria
The banking world has gone through exciting transitions—from the days of taking tallies and manual filings to modest computerizations, automation,…
Elon Musk Says Tesla’s Robot Will Make Physical Work A ‘Choice’
After dominating the electric vehicle market and throwing his hat into the billionaire space race, Tesla boss Elon Musk announced…
Octopus Ventures Leads Investors Backing Pngme’s Series A
Unbundling financial data through APIs and driving data-driven insights with value-add products in Africa keeps getting more exciting as major…
Nigeria: External Reserves Lose Momentum After July Rally
Nigeria’s external reserves could be heading toward the mid-July trough as it fail to sustain the momentum it started four…
Nigeria: Federal Government To Partner Stockbrokers For Double Digit Economic Growth
The Federal Government also reiterated its resolve to put an end to insecurity which has significantly dampened both foreign and…
Nigeria: International VCs and family offices back Alerzo’s Series A
The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. In fact,…
Nigeria: Fuel Price Remains Until FG, Labour End Negotiations
The Petroleum Products Pricing Regulatory Agency on Sunday said the Petroleum Industry Act had signaled the full deregulation of the…
Treasury Yields Start The Week Higher With Key Fed Policy Event In Focus
U.S. Treasury yields rose on Monday morning, with investors focusing on the Federal Reserve’s annual central banking event, due to…
IFC Provides Financing For Ghanaian Radiology Firm
International Finance Corporation is providing financing to support the construction of new medical diagnostic facilities in Ghana’s capital, Accra. A…
Nigeria: Capital Market Must Strengthened to Drive Production, Create Employment
The Director-General of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda has expressed the need for the capital market…
Nigeria: Experts seek revival of initial public offerings
Participants at the just-concluded 2021 National workshop of the Chartered Institute of Stockbrokers (CIS) have underscored the need to develop…
Nigeria: Shareholders Disagree With Securities and Exchange Commission (SEC) Over N170bn Unclaimed Dividend
Shareholders of quoted companies in the country have disagreed with Securities and Exchange Commission (SEC) on the use of the…
PayPal Launches Its Cryptocurrency Service In The UK
PayPal is launching its cryptocurrency service in the U.K. The U.S. online payments giant said Monday it would let British…
Nigeria: Oasis Capital Strikes Twin Investments In Ivory Coast
Oasis Capital Ghana, which invests in small and medium enterprises across Ghana and Cote d’Ivoire via Oasis Africa VC Fund,…
European Markets Climb, Looking To Bounce Back From Worst Week Since February
The pan-European Stoxx 600 added 0.7% in early trade, with autos climbing 1.5% to lead gains as all sectors and major bourses…
Nigeria: Honeywell, Transcorp Dominate Stock Market Activities
The financial services industry dominated, in volume terms, last week’s transactions at the equities sector of the Nigerian Exchange Limited…
Bitcoin Volatility Will Drive Investors Back To Gold, Says Mining Firm Chairman
Wild swings in cryptocurrencies will eventually drive bitcoin investors to return to gold, says the executive chairman of gold mining firm Evolution Mining. Jake…
Nigeria: 20 Years On: Telcos Attain 297m Phone Lines, Fail On Financial Inclusion, Security
Despite opportunities the telecommunications revolutions have offered the country this 20 years, especially with 297 million telephone lines connected, insecurity…
Internet Of Things (IOT) Adoption Rising Across Industries In Nigeria, Says Expert
The number of companies across the different sectors of the Nigerian economy adopting emerging technologies like the internet of things…
Lawmakers Fume Over FG’s Plan To Borrow N5.62tn, Tackle MDAs Hiding Revenue
The House of Representatives yesterday expressed displeasure over the way some Ministries, Departments and Agencies (MDAs) conceal their revenues, thereby…
Facebook Launches VR Remote Work App
Facebook on Thursday launched a test of a new virtual-reality remote work app where users of the company’s Oculus Quest…
Stocks Drop, But One Seasonal Stock Could Weather A Fall Downturn
Travel stocks have taken a hit this week as fears over the delta variant grow. As of Thursday’s close, hotel…
Hong Kong Bourse to Start Offering China A Share Index Futures
Hong Kong’s exchange was cleared to start offering long awaited A share index futures contracts, giving global investors a new…
Buhari Sign New Law To Overhaul Oil Industry
Nigerian President Muhammadu Buhari signed into law long-awaited legislation to overhaul the oil and gas industry in Africa’s biggest crude…
Malaysia Gets A New Prime Minister — The Country’s Third In 3 Years
Malaysia’s King Al-Sultan Abdullah has named Ismail Sabri Yaakob as the new prime minister, the palace said in a Friday…
Petroleum Industry Act (PIA): Clarify 3% Host Community Allocation, Lagos Chamber of Commerce and Industry (LCCI) tells FG
The Lagos Chamber of Commerce and Industry has urged the Federal Government to create more understanding about the three per…
Chinese Regulators Meet With Developer Evergrande As Scrutiny On Real Estate Grows
Chinese authorities called for indebted property giant Evergrande to resolve its debt risks during a rare meeting with executives Thursday.…
Financial, Regulatory Stability Key to Financial Inclusion Growth, Say Experts
Experts in the financial inclusion ecosystem have highlighted the importance of financial and regulatory stability among financial regulators, FinTech developers…
India’s Ride-Hailing Firm Ola Set To Go Public ‘Sometime Next Year,’ CEO says
India’s ride-hailing firm Ola has plans to go public next year — but, a final date for the initial public…