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Nigeria: Otedola Nominates Three Directors For First Bank Board
Billionaire Femi Otedola has made new nomination into First Bank barely two months after he became the single…
Moody’s To Acquire Majority Stake In GCR Ratings
Moody’s Corporation yesterday, announced that it has agreed to acquire a majority (51%) stake in Global Credit…
Facebook Share Tumbles By 20 Per Cent
Meta has reported disappointing earnings, offered weak guidance, and said user growth has stagnated, which led…
Alphabets Approves Plan For 20-For-1 Stock Split
As part of the tech company’s quarterly earnings statement on Tuesday, Alphabet’s (parent company of Google) board…
Airtel Africa appoints Emeka Oparah as vice-president, corporate communications
Airtel Africa Plc has appointed Emeka Oparah, a communications professional, as vice-president, corporate…
Chip Shortage: Volvo Sales Drop By 20.2 Percent
Volvo Car Group's sales fell 20.2% in January under pressure from the global component shortage, though demand for…
Panasonic Experience Rise In Operating Cost
Japan's Panasonic on Wednesday posted a larger-than-expected 44% slide in third-quarter operating profit, hit hard…
Nigerian Stock Exchange Market Gains 1.04 Per Cent
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI)…
Nigerian All Share Index Rose By 9% In January
The Nigerian All-Share Index posted a gain of 9.1% in the month of January, its best January return in about four…
Nigeria: Over 15,000 Graduates Applied For Oyo State Traffic Control Job
No fewer than 15, 000 university graduates and other youths have applied for the Oyo Road Traffic Management Agency…
Citrix System Get Taken Into Private In $16.5 Bln Deal
Software company Citrix Systems said on Monday it would be taken private for $16.5 billion including debt by…
Sony To Acquire Videogame Developer ‘Bungie’ In $3.6 Bln Deal
Sony Interactive Entertainment will acquire Bungie Inc, the original creator of the "Halo" videogame and developer…
Nigeria App For US Stocks, Bamboo Raises $15million Series A funding
Bamboo, a Nigerian brokerage app that lets Africans buy and trade US stocks in real-time has secured a $15 million…
CBN Reduces Charges On Electronic Banking Transactions
The Central Bank of Nigeria (CBN) has reduced ATM withdrawal charges, inter-bank transfer fees as it issues a…
Credit Suisse Faces $45.5 Million Claim – Court
Swiss prosecutors are pursuing around 42.4 million Swiss francs ($45.5 million) in compensation from Credit Suisse…
Amazon, AliExpress, Twitter, Zoom To Pay Tax On Profit Or Income Made In Nigeria
The federal government says non-resident companies (NRC) are mandated to remit 6% of turnover from digital services…
Eiffel Partners With Finergreen For African Renewable Energy Deals
A new initiative will soon be launched in Africa to increase financing for renewable energy. It is a mechanism that…
Goodwell Leads Returning And New Investors For Copia’s Series C
Goodwell Investments has led a $50m Series C equity round in Copia Global, a B2C e-commerce platform with a…
U.S. Treasury Secretary Janet Yellen To Participate Remotely In February G20…
U.S. Treasury Secretary Janet Yellen will participate in a February meeting of the G20 remotely because of a rise…
Macau Legend Shares Fall Over 20% After CEO’s Arrest
Macau Legend reported Chan had been arrested in a statement to the Hong Kong stock exchange on Sunday, adding it…
Pearson Buys Certification Company Credly
Education group Pearson has agreed to buy the certification company Credly to expand its offering to businesses…
Employee Of Deutsche Bank’s “Postbank” To Stage Strike
Some employees of Deutsche Bank's Postbank will stage a strike on Monday to raise pressure on management to meet…
FG’s Marginal Oil-Field Awards: 33 Successful Bidders Lose
Govt rakes in N174bn as other awardees make full, part payments
A total of 128 awardees that emerged as…
Chevron Report Fourth Quarter Profit
Chevron Corp on Friday reported a fourth quarter profit, which missed estimates by analysts on weaker than expected…
Elon Musk’s Net Worth Dropped By $25.1 Billion
A massive sell-off of Tesla shares slashed Elon Musk’s net worth by $25.1 billion, one of the biggest declines ever…
Google To Invest $1 Billion In Airtel
Alphabet Inc's Google will invest up to $1 billion in Bharti Airtel in a move that could help bolster the Indian…
Unilever Nigeria Generated N52.21 Billion Revenue In 12-Months Ended December 2021
Unilever Nigeria Plc reported its Q4 12-months unaudited Annual Financial Statement, revealing a 35.07% growth in…
Facebook’s Cryptocurrency Venture To Wind Down And Sell Tech Asset
Meta Platforms Inc's digital currency venture Diem Association is winding down and selling its technology to…
Market Volatility Cause Wetransfer Owner To Cancel IPO
The company that owns the WeTransfer file service is cancelling its initial public offering (IPO), Europe's first…
Apple Smartphone Market Hit High Record In 2021 Q4
Apple’s smartphone market share in China hit a record high in the fourth quarter of 2021, with the iPhone…