Business The Restriction Of Forex To BDC Operators Aug 2, 2021 0 In a major policy shift, the Central Bank of Nigeria (CBN) last week halted the sale of foreign exchange…
Business NNPC Continues FAAC Deductions, To Withhold N174.4bn In August Aug 2, 2021 0 The Nigerian National Petroleum Corporation (NNPC) is continuing its regime of deduction from the federation…
Technology ‘5G Deployment Will Boost Connectivity, Consumer Experience’ Aug 2, 2021 0 The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta has…
Technology Nigerian FinTechs Are Building More Solutions To Improve Lives And Businesses –… Aug 2, 2021 0 Young founders of FinTechs firms are now building more solutions aimed at improving the lives of individuals and…
Local NESG Urges Federal Government To Intensify Actions For Economic Growth Aug 2, 2021 0 The Nigerian Economic Summit Group (NESG), an economic think tank has called on the federal government to intensify…
Local Nigeria’s Loans From World Bank, AFDB Rise To $14.35bn Under Buhari Aug 2, 2021 0 Nigeria’s liabilities to the World Bank and the African Development Bank rose from $7.14bn to $14.25bn between June…
Business Stock Market Dips by 0.3 Per Cent Aug 2, 2021 0 Trading in the shares of Transnational Corporation of Nigeria, Oando and Fidelity Bank Plc dominated in volume…
World Foreign Investors Exit Takes Toll As Stock Market Decline By N973.2bn In Seven… Aug 2, 2021 0 Profit-taking on price appreciation of stocks recorded last year and foreign investors exit Impacted the Nigerian…
Business BUA Cement Posts N21.03 Billion Profit After Tax For Q2 2021 Aug 2, 2021 0 Bua Cement Plc has released its financial statement for the second quarter ending June 30, 2021, which revealed the…
Local FUGAZ Stocks Investors Lose N50.45 Billion During The Week Aug 2, 2021 0 The market capitalization of the top five banks, referred to as the Tier-1 banks decreased to N2.46 trillion at the…
Africa Seven African Exchanges Inch Towards Shared Trading Aug 2, 2021 0 Cross-border trading is set for a lift as the African Securities Exchanges Association (ASEA) has signed a contract…
Business Asian Shares Try To Stabilise, China Growth A Worry Aug 2, 2021 0 Asian shares were seeking a modicum of stability on Monday as a run of stellar U.S. corporate earnings put a floor…
Business France’s Axa Rebounds From Pandemic With A 180% Spike In Net Income Aug 2, 2021 0 French insurer Axa posted on Monday a 180% surge in net income in the first half as the company rebounded from last…
Business AON’S Looking At Up To $1.4 Bln In Costs Over Scrapped Willis Deal Aug 2, 2021 0 Insurance broker Aon Plc (AON.N) said on Friday it could have to expend up to $400 million in additional costs tied…
Business HSBC Profit More Than Doubles As Economies Rebound, Loan-Loss Fears Ebb Aug 2, 2021 0 HSBC Holdings (HSBA.L) on Monday reported forecast-beating first-half pretax profit that more than doubled from a…
Technology Twitter’s Dorsey Leads $29 Bln Buyout Of Lending Pioneer Afterpay Aug 2, 2021 0 Square Inc (SQ.N), the payments firm of Twitter Inc (TWTR.N) co-founder Jack Dorsey, will purchase buy now, pay…
Business China Lifts Yuan Midpoint By The Most Since January Jul 30, 2021 0 China’s central bank lifted its yuan midpoint to a one-month high on Friday to reflect a bounce in the spot market…
Business NPA Pledges To Enthrone International Standards At Ports Jul 30, 2021 0 The Acting Managing Director of the Nigerian Ports Authority (NPA), Mohammed Bello Koko has restated the commitment…
Business Forex Sale: ABCON To Identify Erring Members For Sanction Jul 30, 2021 0 Bureau De Change (BDC) operators that violated Central Bank of Nigeria (CBN’s) guidelines on foreign exchange…
Technology Data war: MTN, Airtel, Others Lose Over 8 Million Subscribers In 3 Months Jul 30, 2021 0 MTN, Airtel, Glo, and 9mobile lost over 8 million data subscribers between March 2021 and May 2021. The four major…
Technology Federal Government Of Nigeria Targets 2025 For Full 5G Coverage Of Urban Centres Jul 30, 2021 0 While spectrum for 5G is expected to be auctioned by the last quarter of the year, the Federal Government has hoped…
Business Federal Government Of Nigeria Cuts Gas-To-Power Price To $2.18/Mmbtu Jul 30, 2021 0 The Federal Government, on Thursday said it has reviewed downward the price of gas-to-power from $2.50/mmbtu to…
Banking Banks’ CEOs Summon Emergency Meeting Over BDCs’ Forex Ban Jul 30, 2021 0 Bank Chief Executive Officers on Thursday, held an emergency meeting on how to ensure compliance with the new forex…
Business Private Sector Owns 70% of N12.7tn Pension Fund, Says PENCOM Jul 30, 2021 0 The National Pension Commission (PENCOM) has revealed that private sector workers own 70 per cent of the N12.7…
Trade NGX Key Indicators Drop Further By 0.79% On Profit-Taking Jul 30, 2021 0 Trading at the nation’s bourse extended a losing streak on Thursday, with key market indicators nosediving by 0.79…
Business Amazon Sales Growth Slows In Tame Start To Jassy’s Tenure As CEO Jul 30, 2021 0 Amazon.com Inc (AMZN.O) on Thursday said sales growth would slow in the next few quarters as customers venture…
Business SoftBank Q1 Performance Seen Buoyed By China IPOs; Crackdown Clouds Outlook Jul 30, 2021 0 SoftBank Group Corp (9984.T) is set to report a boost to Vision Fund returns when it posts quarterly earnings due…
Business Robinhood Closes At $34.82 In Grim Stock Market Debut Jul 30, 2021 0 Robinhood Markets Inc's shares (HOOD.O) closed more than 8% lower at $34.82 per share on their first day of…
Business Uber Delays Office Return, Makes Vaccination Mandatory For U.S. Employees Jul 30, 2021 0 Uber Technologies Inc (UBER.N) is pushing back its back-to-office date to late October globally, and all employees…
Technology Explainer: Major Ethereum Upgrade Set To Alter Supply, Fix Transaction Fees Jul 30, 2021 0 Ethereum, the second-largest blockchain network, is about to undergo a technical adjustment that will significantly…