Technology S.Korea Set To Curb Google, Apple Commission Dominance Aug 24, 2021 0 South Korea is likely to bar Google and Apple from requiring software developers to use their payment systems,…
Business SoftBank Makes First Africa Bet On OPay At $2 Billion Valuation Aug 24, 2021 0 SoftBank Vision Fund 2 led a $400 million funding round for OPay, valuing the Nigerian mobile-payments platform at…
Business FG Pays $266.141m Cash Call Arrears To JV Partners In One Year, $1.464bn… Aug 24, 2021 0 The federal government through the Nigeria National Petroleum Corporation (NNPC) was only able to pay $266.141…
Business Shareholders Disagree With SEC Over N170bn Unclaimed Dividend Aug 23, 2021 0 Shareholders of quoted companies in the country have disagreed with Securities and Exchange Commission (SEC) on the…
Business As Access Bank Intensifies Fight Against Financial System Fraud Aug 23, 2021 0 Oluchi Chibuzor writes on efforts by Access Bank Plc to protect customers from the activities of fraudsters In…
Business NPA Rakes In N300b From Ship Dues At Lagos Ports Aug 23, 2021 0 The over $1.8million the agency is generating from the lease of the two hoppers is seen by the senior…
Business Brent Oil Jumps With Stocks After Worst Losing Streak Since 2018 Aug 23, 2021 0 Brent oil climbed amid a broader market rebound after capping the longest run of declines in more than three years.…
Business Forex Transactions At Investors, Exporters’ Window Fall 24.56% Aug 23, 2021 0 Foreign exchange transactions at the Investors’ & Exporters window declined by 24.56 per cent last week,…
Local Nigeria To Attract $150bn Investment From $4trn Halal Trade Aug 23, 2021 0 Organisers of the International Halal Expo, Abuja Chamber of Commerce and Industry (ACCI) have stated that Nigeria…
Business Declining Forex Reserves Stokes Naira Depreciation Aug 23, 2021 0 The naira suffered its weakest performance in recent weeks at the weekend after Nigeria’s foreign exchange (forex)…
Business Citigroup Says Short Treasuries But Hedge With Bet Against Yuan Aug 23, 2021 0 China’s sagging growth outlook helped drive up the U.S. dollar, and fresh signs of deterioration are…
Business Govt N4.8bn Pledge: FG Can’t Be Trusted, Says NARD, We Negotiated With NMA,… Aug 23, 2021 0 The National Association of Resident Doctors, on Sunday, faulted the N4.8bn which the Federal Government promised…
Business Private Equity Firms Circling Sainsbury’s With View To Launch Bids –… Aug 23, 2021 0 Private equity companies are circling British supermarket group Sainsbury's (SBRY.L) with a view to possibly…
Business Wall Street Analysts Bet On Robinhood’s Potential To Add Users Aug 23, 2021 0 Wall Street analysts on Monday took a largely upbeat view on Robinhood Markets Inc in their first ratings on the…
Business Gold Rises Above $1,800 As Dollar Dips On Doubts Fed Will Taper Soon Aug 23, 2021 0 Gold vaulted over the key $1,800 psychological level on Monday as a retreat in the dollar pushed investors to…
Business Pfizer To Buy Cancer Drug Developer Trillium In $2.3 Bln Deal Aug 23, 2021 0 Pfizer Inc (PFE.N) said on Monday it would buy Canadian drug developer Trillium Therapeutics Inc (TRIL.TO) in a…
Technology Didi Suspends UK Launch Plans Amid China’s Crackdown On Tech Firms… Aug 23, 2021 0 China's ride-hailing giant Didi Global Inc (DIDI.N) has suspended its plans to launch in Britain and continental…
Business IMF’s $650 Bln Reserves Distribution Is ‘Shot In Arm’ For Global… Aug 23, 2021 0 The IMF will distribute about $650 billion in new Special Drawing Rights to its members on Monday, providing a…
Technology China Telecom Jumps 34% On Shanghai Debut, Defying Weak Market Aug 23, 2021 0 China Telecom Corp surged 34% on its Shanghai debut on Friday, defying a bearish market after raising $7.3 billion…
Technology Finland’s Nokia Wins 5G Order For Three European Markets Aug 23, 2021 0 Finnish telecom gear maker Nokia (NOKIA.HE) said on Monday it had won a 5G network order from A1 Telekom Austria…
Technology Ethiopia To Build Local Rival To Facebook, Other Platforms Aug 23, 2021 0 Ethiopia has begun developing its own social media platform to rival Facebook (FB.O), Twitter (TWTR.N) and…
Business Bitcoin Price Rises Past $50,000, Rebound Slows Aug 23, 2021 0 Bitcoin's price surged past $50,000 on Monday for the first time since May, although its rebound from a months-long…
Business S&P 500, Nasdaq Scale New Peaks On Tech, Oil Boost Aug 23, 2021 0 Energy and technology stocks powered the S&P 500 and the Nasdaq to record highs on Monday as investors…
Technology T-Mobile Breach Hits 53 Million Customers As Probe Finds Wider Impact Aug 20, 2021 0 T-Mobile US Inc (TMUS.O) said on Friday an ongoing investigation into a data breach revealed that hackers accessed…
Technology ‘Twilight’ Investor Sentenced To Five Years Prison In Fraud Case Aug 20, 2021 0 A technology entrepreneur who invested in the studio behind the "Twilight" films was sentenced to five years in…
Technology China’s SenseTime Says Daily Users Of Its Augmented Reality Tech Number 100… Aug 20, 2021 0 China's SenseTime, which sells augmented reality technology to other companies, has seen global daily active users…
Business Nvidia’s $40 Bln Deal For ARM Dealt Blow By UK Regulator Aug 20, 2021 0 Nvidia Corp's (NVDA.O) planned $40 billion acquisition of British chip designer ARM hit a major hurdle on Friday…
Business Fed Chair Powell To Speak On ‘Economic Outlook’ Next Week Aug 20, 2021 0 Federal Reserve Chair Jerome Powell will speak on "the economic outlook" at next week's Jackson Hole, Wyoming…
Business Microsoft Invests $5 Mln In SoftBank-Backed Oyo Aug 20, 2021 0 Microsoft Corp (MSFT.O) has invested $5 million in SoftBank-backed Oyo, according to a regulatory filing, ahead of…
Business Deere Lifts 2021 Forecast On Solid Demand For Farm, Construction Equipment Aug 20, 2021 0 Deere & Co (DE.N) on Friday raised its full-year earnings forecast after quarterly profit topped Wall Street…