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Africa
Roblox Restores Service After Outage That Lasted Three Days
Roblox restored its services Sunday following a major outage that lasted for three days.
Roblox, an online…
Federal High Court Orders Temporal Forfeiture Of Houses, Cars Linked To Invictus…
A federal high court in Lagos has ordered the interim forfeiture of houses and cars linked to Obinwanne Okeke,…
BOE Rate Hike Hinges On The Views Of Two Quiet Deputy Governors
The fate of a potential Bank of England interest increase rate on Thursday could lie in the hands of two deputy…
ARCH EM’s Cold Chain Solutions Fund Lands Another LP
The Board of Directors of the African Development Bank has approved an equity investment of $10 million in the ARCH…
Investor Group Partners For Sustainable Finance Facility For Greenlight
Standard Bank Group, Citi, CDC Group Plc and Norfund have teamed up to provide a $75 million equivalent Kenyan…
TLcom And 4DX Ventures Make Follow-On Deal For Autochek
Autochek, the automotive technology company facilitating auto financing across Africa, has today secured $13.1mn in…
Pearl Capital Backs Poultry Business With Mix Of Equity And Debt
Yield Uganda Investment Fund, an agribusiness impact vehicle managed by Pearl Capital Partners, has struck its…
Price Of Domestic Fuel Is Indexed To International Pricing Model: Nigeria LNG
Following worries over the hike in the price of cooking gas, the Nigeria LNG has explained that the price of the…
#880 Billion Missing From 367 Ministries, SERAP File Lawsuit Against Nigeria…
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari…
National Identification Number Registration Have Extended Till December
The federal government has again extended the ongoing national identification number (NIN) and subscriber identity…
American Airlines Canceled Over 1400 Flight , Plan To Increase Staffing
American Airlines said on Saturday it has canceled more than 1,400 flights over the weekend due to staff shortages…
Zenith Bank Profit Before Tax Gain 1 Percent
Zenith Bank Plc has reported a one per cent increase in its profit before tax to N180bn in the nine months ended…
Deposit Money Banks To Deduct Loan From Debtors Account
The Deposit Money Banks are recovering debts owed by chronic debtors from their accounts in other banks to curb the…
Imagine Global Couple Are Citizens: Antiguan Authorities
Antiguan authorities have confirmed that the Nigerian couples who are wanted for a multibillion Naira investment…
Net Foreign Exchange Flow Increased By $0.7 Billion In July
Net foreign exchange (FX) flow through the Nigerian economy increased to US$3.08 billion in July 2021 from US$2.38…
Facebook Is Rebranding, Changes Name To Meta
Facebook has changed its name to Meta as part of a major rebrand.
The company, which announced the change at its…
Federal Government Launch Made In Nigeria Barite
The Federal Government, on Thursday, launched the made-in-Nigeria barite, saying it would save the country the…
Diesel Landing Cost Has increased To N336.45 Per Litre: Oil Marketers Association…
The pump price of Automotive Gas Oil, also known as diesel, may rise further as the Major Oil Marketers Association…
Federal Executive Council Approves Reconstruction Of 21 Roads By NNPC
The federal executive council (FEC) has approved N621.2 billion for the Nigerian National Petroleum Corporation,…
FG To Review Licence Of Some Power Distribution Companies Over Poor Performance
There are indications that the Federal Government may, in the coming weeks, take punitive measure over the…
MultiChoice Africa Holdings Rejects Tribunal Tax Appeal Ruling
MultiChoice Africa Holdings, the parent company of MultiChoice Nigeria, has rejected the ruling of the Tax Appeal…
FBN Holdings Confirms Hassan-Odukale Leads Femi Otedola With 0.29% Shareholding
FBN Holdings Plc has confirmed that Mr Tunde Hassan-Odukale is the single-largest shareholder in the…
Twitter Suffer $537 Million Net Loss In 2021 Q3
Twitter said Tuesday it had posted a $537 million net loss in the third quarter after settling a lawsuit alleging…
GTCO Report Profit Before Tax Of N151.91 Billion 2021 Q3
Guaranty Trust Holding Company Plc has reported a profit before tax of N151.91bn for the third quarter of 2021,…
FG Closes Bid, To Announce Concessionaires For Four Airports
The Federal Government, yesterday, closed bidding for four major airports with a plan to announce new…
Manufacturers Decry FX, Electricity Pricing Challenges
As the Federal Government, in Abuja, harped on diversification of foreign exchange sources through export of…
Federal Government Of Nigeria Has Begun The Valuation Of Forfeited Properties
The Federal Government has begun the process for the valuation of property belonging to several politically exposed…
Nigerians Downloaded Over 200,000 Wallet In 24 Hours
Nigerians displayed massive interest in the Central Bank’s eNaira initiative downloading over 200,000 wallets in 24…
Shares Of FBN Holdings Plc Rise By 127 Percent To 350,541,662
The volume of activities on the shares of FBN Holdings Plc, the parent company of First Bank Nigeria Limited rose…
National Pension Commission Recovered N19.29 Billion Unremitted Monthly Pensions…
The National Pension Commission says it has recovered N19.29bn monthly pensions deducted by employers from…