Browsing Category
Business
10-Year U.S. Treasury Yield Rise Above 1.83 Percent
The sudden spike in the 10-year U.S. Treasury yield eased on Thursday morning, with it rising slightly to hover…
Norway “Telenor” Partners With Amazon To Modernize Its Telecoms Systems
Norway's Telenor said on Thursday it had partnered with Amazon Web Services (AWS) to speed up the modernisation of…
Nigeria: FEC Approves N56.2 Billion For Road Construction
The federal executive council (FEC) has approved contracts worth N56.2 billion for the construction of…
Nigerian Food-Tech Startup “Orda”Raises $1m In Pre Seed Round
Orda, a Nigerian food-tech startup, says it has raised a pre-seed round capital of $1.1 million to expand its…
Nigeria: Tinubu, Alpha Beta Ex-MD Considers Out-Of-Court Settlement
A former Managing Director of Alpha Beta Consulting, Dapo Apara, the All Progressives Congress leader, Bola Tinubu;…
Oil Hit Highest Price Since 2014
Oil jumped to a seven-year high early on Tuesday, a day after Yemeni Houthis attacked targets in the United Arab…
OpenSea Monthly Trading Volume Exceeds $3.5 Billion
The world’s largest Non-Fungible token (NFT) marketplace, OpenSea, has seen its monthly trade volume in Ether (ETH)…
Ford Signs Five-Year Payments Deal With Stripe
Online payment processor Stripe has signed up Ford Motor Company as a customer, in a five-year deal aimed at…
China Delivery “Starbucks” Partners With Meituan Tie-Up
Starbucks said on Tuesday it has entered into a partnership with China's Meituan that will allow its Chinese…
EU Spike Fines For Breaches Of EU Privacy Law
Fines for violations of the European Union’s landmark privacy law have soared nearly sevenfold in the past year,…
China Experienced 8.1% Economy Growth In 2021
China’s economy grew by 8.1% in 2021 as industrial production rose steadily through the end of the year and offset…
Ford’s market cap tops $100 billion for first time ever
Ford Motor’s market value topped $100 billion for the first time ever as the automaker’s stock hit a new 52-week…
Nigeria MSMEs Contribution Rises By 3.7% – SMEDAN
The Director-General of Small and Medium Enterprises Agency of Nigeria (SMEDAN), Dikko Umaru Radda, said the…
China Evergrande Shares Climb After Winning Bond Payment Delay
Shares of China Evergrande Group (3333.HK) edged up on Friday after the world's most indebted developer secured a…
Google Shows Faith In Office With $1 Billion London Deal
Tech giant Google has spent $1 billion to buy a central London building where it is currently a tenant. Showing its…
Facebook Faces $3.2 Bln UK Class Action Over Market Dominance
Social media giant Facebook, now known as Meta Platforms, faces a 2.3 billion pound plus ($3.2 billion plus) class…
Tesla Merchandise Buyable Using Dogecoin, Musk Says In Tweet
Tesla merchandise can be bought using the digital currency dogecoin, the electric-car maker's Chief Executive…
AstraZeneca Says Early Trial Data Indicates Third Dose Helps Against Omicron
AstraZeneca said on Thursday that preliminary data from a trial showed that its COVID-19 shot, Vaxzevria, generated…
Microsoft Has Stopped Making Xbox One Consoles – The Verge
Microsoft Corp has stopped manufacturing all Xbox One consoles to focus on producing its next-generation consoles,…
Stanbic, Standard Chartered, Citi Lead As Banks Record $38.2bn Foreign Inflows
Stanbic IBTC, Standard Chartered Nigeria, and Citibank Nigeria lead as capital importation from banks hit $38.18bn…
Dangote Cement To Buy Back 170m Shares From Shareholders
Dangote Cement Plc says it will repurchase 170 million ordinary shares from shareholders in the second tranche of…
FG Lifts Suspension On Twitter Operations
President Muhammadu Buhari has approved the lifting of the suspension on the Twitter operations in Nigeria.
The…
‘No Staff Will Be Affected In 2022’ — Standard Chartered Confirms Closure Of…
Standard Chartered Bank has confirmed the closure of 50 percent of its Nigerian branches.
Dayo Aderugbo, Head,…
Days After Listing, BUA Foods’ Shares Jump 46.25%, Market Cap Hits N1.053trn
The shares of BUA Foods Plc have appreciated by 46.25 percent on the Nigerian Exchange Limited (NGX) after its…
COVID-19: Nigeria Yet To Vaccinate 50% Of Target Population, Says FG
The federal government has said the country was yet to vaccinate 50 per cent of its eligible population since the…
Hong Kong’s Hang Seng jumps 2% as tech stocks rally; China’s December inflation…
Chinese markets rose on Wednesday, tracking gains in other Asia-Pacific markets. U.S. markets also rallied…
Globacom Lifts Nigeria’s Mobile Subscribers To 140 Million — Highest In Six Months
The Nigerian Communications Commission (NCC) says the country’s internet subscribers rose to 140.41 million in…
S.Korea Authorises Novavax COVID-19 Vaccine, Imports Pfizer Pills
South Korea is turning to additional pharmaceutical tools as it looks to pre-empt a surge of COVID-19 omicron…
Bolt Now Valued Above $8bn After Raising $712m To Expand Product Lines
Bolt, a ride-hailing company, says it has raised $712 million (€628 million) to expand its transportation and food…
Israeli Security Startup Pentera Raises $150 Mln In Funding Round, Eyes IPO
Israeli cybersecurity firm Pentera has raised $150 million in its latest funding round, taking the company's value…