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Oil Market: Bonny Light Price Hits $81.81 Per Barrel
The price of Bonny Light, Nigeria’s premium oil grade, has risen to $81.81 per barrel in the global market, as the…
Standard Chartered To Shut Half Of Nigeria Branches
Standard Chartered Plc is closing about half its Nigerian branches in a pivot to digital banking, according to…
Gains In BUA Foods, 27 Stocks Lift Capitalisation Further By N28 Billion
Transactions on the equities sector of the Nigerian Exchange (NGX) market capitalisation increased by N28 billion…
Gmail Hits 10 Billion Installs On Android, Becomes Fourth To Surpass Milestone
Total number of Gmail app installations has surpassed 10 billion on android, emerging the fourth app on Google play…
Expert: CBN Policies Can’t Rescue Naira
The naira-dollar exchange rate gap widened from N80.67 per dollar at the beginning of 2021 to N152.83 per dollar…
Fed Govt Lists New Savings Bonds On NGX
The Federal Government at the weekend listed its latest monthly issuances of savings bonds on the Nigerian Exchange…
Testing Firms To Lose Revenues As U.K. Abolishes Pre-Arrival Covid Tests
The United Kingdom has abolished the requirement for a negative PCR result to enter the country dealing a blow to…
Sonos Wins Google Import Ban Ruling In U.S. Patent Fight
A U.S. trade court barred Google late Thursday from importing products that infringe home-audio company Sonos'…
Heirs Holdings Launches Tender On OML 17
Heirs Holdings has launched a tender for work on the Elelenwa multi-phase pump gathering station, on OML 17 in…
Nigeria: Capital Importation Rises 97% To $1.73bn In Q3’21
The National Bureau of Statistics, NBS, has said that capital importation rose sharply, quarter-on-quarter (QoQ) by…
Nigeria: FG projects 233% increase in FDI, eyes $5bn
Nigerian FG has said it will increase Foreign Direct Investment into Nigeria from $1.5bn in 2022 to $5bn by 2025…
Goldman-Backed Digital Bank Starling Boycotts Meta Over Scam Ads
British digital bank Starling says it is boycotting Facebook parent company Meta over its failure to tackle…
Google Acquires Israel-Based Cybersecurity Startup, Siemplify For $500 Million
American multinational technology company, Google has acquired Siemplify, an Israel-based cybersecurity startup…
Nigeria’s Three Big Firms Gained N1.15tn In 2021 – NGX
The three biggest companies listed on the nation’s stock exchange gained a total of N1.15tn last year, data…
Tech Company STMicro Reports Higher Than Expected Q4 Sales, Lifting Its Shares
Franco-Italian chipmaker STMicroelectronics said its preliminary fourth-quarter revenues were slightly above the…
GameStop Shares Surge On Plan To Enter NFT, Crypto Markets
GameStop Corp is launching a division to develop a marketplace for nonfungible tokens (NFTs) and establish…
Singaporean Richest Billionaire, Forrest Li, Loses $10 Billion Of His Fortune
Forrest Li, Chairman and Chief Executive officer of Sea Ltd recently lost a huge chunk of his fortune. Li lost…
Manufacturers Kick Against Excise Duty On Soft Drinks
The Manufacturers Association of Nigeria (MAN) has kicked against the Federal Government imposed excise duty on all…
Walmart Halves Paid Leave For COVID-Positive Workers
Walmart workers in the United States who must isolate or who have tested positive for COVID-19 will receive one…
Airtel Africa’s Shares Hit All-Time High On NGX After Asset Sale In Tanzania
The shares of Airtel Africa hit an all-time high price of N1,050.50 on Wednesday, gaining a maximum of 10 percent.…
Nigeria: Coke, Fanta Prices To Increase As FG Imposes N10/Litre Excise Duty On…
The federal government has introduced an excise duty of N10 per litre on all non-alcoholic, carbonated and…
Japan’s Nikkei 225 Drops Nearly 3% As Asia-Pacific Markets Largely Fall
Shares in Asia-Pacific declined on Thursday following losses overnight that saw the Dow Jones Industrial Average…
Grammy Awards Postponed Indefinitely Amid Omicron-Fueled Covid Surge
The 64th annual Grammy Awards show has been postponed indefinitely amid a resurgence of Covid cases, fueled by the…
Nike Sues Lululemon Over Mirror Home Gym
Nike on Wednesday filed a lawsuit accusing Lululemon Athletica of patent infringement for making and selling the…
Meta Sets Out Grounds For UK Appeal On Giphy
Facebook-owner Meta has applied to appeal a British competition watchdog ruling that it must sell Giphy on grounds…
Tencent’s WeChat Mini Daily Users In China Grew 13% To 450 Million Last Year
Tencent Holdings' (0700.HK) Weixin, China's dominant messaging app which is known as WeChat outside the country,…
Toyota Will Not Compromise Quality, Says TNL
Toyota Nigeria says it will not compromise on quality of vehicles, spare parts and after-sale services.
It noted…
China’s Market Regulator Fines Alibaba, Tencent For Failing To Report Deals
China's top market regulator said on Wednesday it has fined units of Alibaba Group Holding Ltd (9988.HK), Tencent…
Foxconn India iPhone Plant Extends Closure, Workers’ Hostels Inspected…
A Foxconn iPhone factory in India at the center of a mass food-poisoning incident will extend a week closure by…
Sonny Odogwu, Access Bank And N50 Billion Debt
Many years ago, I sat in the office of a big man who shall remain nameless- and he expressed serious concerns about…