U.K. House Prices Gain for a Fourth Month, Halifax Says
A shortage of homes for sale and a buoyant labor market are expected to underpin the U.K. housing market as…
Category: Business
Apple Employs Former Tesla Engineer To Boost Car Development Effort
Apple has hired a former engineer from Tesla Inc to boost its car-development efforts, Bloomberg News reported on Friday, citing…
U.S. Senate Introduce Bill To Limit Big Tech Mergers
Two U.S. senators have introduced bipartisan legislation that seeks to make it harder for Amazon.com and other tech giants to…
N58.6Billion Spent To Print N1.06Trillion In 2020 – Central Bank Of Nigeria
The Central Bank of Nigeria (CBN) says it spent N58.618 billion to print 2.518 billion of naira notes, valued at…
OPEC Raises Nigeria’s Oil Production Bar To 1.666mbpd
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) on Thursday raised the production quota of members by 0.4…
Foreign Airlines Protest Withdrawal As Stuck Funds Hit N328 Billion
Foreign airlines operating in and out of Nigeria have taken their protest to the Central Bank of Nigeria (CBN) over…
Gold Jumps 1% As Fed Signals Patience On Rate Hikes, BoE Holds Fire
Gold prices jumped 1% on Thursday after the Federal Reserve indicated it would be patient on raising interest rates and…
Kenyan Shilling And Zambian Kwacha Under Pressure
Kenya’s shilling and Zambia’s kwacha are likely to weaken in the coming week while the Ugandan shilling is expected to…
British House Prices Jump 0.9% In October
British house prices rose for a fourth month running in October in the latest sign of strong momentum in the…
Unilever Nigeria Recorded N58.7 Billion Q3 Turnover
Unilever Nigeria Plc has said it recorded a turnover of N58.7bn in the third quarter of 2021, compared to N44.7bn…
Telecommunications Operators Request NCC To Reduce Price Set For 3.5GHz Spectrum Auction
Telecommunications operators have called on the Nigerian Communications Commission (NCC) to reduce the $197.4 million (N75 billion) reserve price set…
Polish E-Commerce Group Agrees To Buy Czech Online Retail Store
Polish e-commerce group Allegro has agreed to buy Czech online retailer Mall Group for 881 million euros ($1.02 billion) to…
Blue Origin Lawsuit Against NASA Got Rejected By Federal Judge
A federal judge on Thursday rejected a lawsuit by Jeff Bezos’ space company Blue Origin against the U.S. government over…
Uber Reported First Operating Profit As Driver Shortage Eases
Uber Technologies on Thursday reported its first profitable quarter on an adjusted basis since it launched more than a decade…
Apple To End Mask Mandate In Some US Retail Stores
Apple will remove its mask mandate for customers at many U.S. retail stores from Friday as COVID-19 cases decline. More…
Chip Shortage Is Hitting Hardware Development: Nintendo
Japan’s Nintendo Co Ltd said on Friday that a global chip shortage which forced the firm to scale back expectations…
Australia’s High Court Refuse Johnson & Johnson Appeal
Australia’s High Court on Friday refused to hear an appeal that Johnson & Johnson sought to overturn a federal court…
Chinese Markets Dragged On Asian Shares While Dollar Stands Tall
Chinese markets dragged on Asian shares on Friday as they failed to latch on to a global record-setting rally after…
Facebook Test For Creator Of Facebook Group To Earn On Exclusive Access
Facebook is testing ways for creators to make money through Facebook Groups, such as users paying fees for exclusive access…
German Industrial Production Fall By 1.1 Percent Unexpectedly
German industrial production unexpectedly fell in September, official data showed on Friday, as supply bottlenecks for raw and preliminary materials…
Alphabet Invest $1 Billion In CME Group
Alphabet, Google has invested $1 billion in CME Group and has struck a separate deal to move the futures exchange operator’s…
United Kingdom Became The First Country To Approve Anti-Covid Pill
Britain on Thursday approved the use of Merck’s antiviral pill to treat patients suffering from mild to moderate coronavirus infections,…
N5.7 Trillion Spent For Darkness Eight Years After Privatisation In Nigeria
In what most industry players and consumer right groups, yesterday, described as payment for darkness, Nigerians, in the past eight…
Federal Government Begins Clamp Down On Banks Aiding ‘Fiscal Carelessness’ Of States
The Federal Government may begin to clamp down on banks and other financial institutions aiding “fiscal carelessness” by granting loans…
Debt Management Office To Issue N250Billion Sukuk Bond
The Debt Management Office (DMO) says it will issue about N250 billion Sukuk to finance road projects.The DMO said this…
Qualcomm Diversification Effort For Chip Portfolio Pay Off
Qualcomm Inc on Wednesday forecast better-than-expected profits and revenue for its current quarter on soaring demand for chips used in phones,…
Square Shareholders Approves Issuance Of New Shares
Square Inc shareholders have approved the issuance of new shares for the U.S. company’s $29 billion purchase of Afterpay Ltd,…
Tencent Launch Three Own Made Chips
Tencent on Wednesday launched three chips it developed, marking the first time the Chinese internet giant has publicly spoken about…