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 bolstering…
Category: Business
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 customers to…
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, according to…
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 contribution of the Micro…
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 crucial approval…
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…
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 action…
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 Officer Elon Musk said in…
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 an increase in…
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, the Verge reported on…
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 in almost three years.…
FG Lifts Suspension On Twitter Operations
President Muhammadu Buhari has approved the lifting of the suspension on the Twitter operations in Nigeria. The lifting will be…
‘No Staff Will Be Affected In 2022’ — Standard Chartered Confirms Closure Of Nigerian Branches
Standard Chartered Bank has confirmed the closure of 50 percent of its Nigerian branches. Dayo Aderugbo, Head, corporate affairs, brand…
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 formal…
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 slows
Chinese markets rose on Wednesday, tracking gains in other Asia-Pacific markets. U.S. markets also rallied overnight as comments from the…
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 November 2021. The commission said…
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 infections, authorising…
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 delivery super…
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 to $1 billion,…
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…
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 people familiar…
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 yesterday, amid sustained bargain…
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 store…
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 in…
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 (NGX), paving…
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…