Oil Drops Ahead Of Stocks Data, Iran Talks
Oil prices edged lower on Tuesday after rising earlier in the day and analysts said prices were set to sustain…
Category: Business
Nigeria’s Per Capita Income Static In 40 Year – World Bank
The World Bank made a startling revelation that Nigeria’s per capita income (PCI) has not improved in the last 40…
FG Closes Bid, To Announce Concessionaires For Four Airports
The Federal Government, yesterday, closed bidding for four major airports with a plan to announce new concessionaires soon. Announcing the…
Manufacturers Decry FX, Electricity Pricing Challenges
As the Federal Government, in Abuja, harped on diversification of foreign exchange sources through export of manufacturing products yesterday investors…
Tesla Shares Jumped Above $1 Trillion
Tesla shares jumped for a fourth straight session on Monday, bringing the market capitalization for the electric-vehicle maker above $1 trillion for…
Huawei Spinoff “Honor” First Smartphone To Launch In 40 Markets
Honor, the smartphone brand Huawei spun off last year, has launched its first smartphone overseas since becoming an independent company,…
Sterling Edges Up, Stuck Within Recent Ranges
Sterling rose slightly on Monday but remained within recent ranges as analysts said concerns about economic growth and inflation limited…
E-Naira – Emefiele Announces New ‘100 For 100’ Instrument
President Muhammadu Buhari has launched the Central Bank of Nigeria (CBN) digital currency, the e-Naira. While launching the digital currency,…
Analysts Projects A Spike In FBN Holdings Share Price
Shareholders and analysts in the Nigerian capital market have projected a rise in the share price of FBN Holdings Plc…
Nigeria: President Muhammadu Buhari Launch E-Naira
The President, Major General Muhammadu Buhari (retd.), on Monday, launched the eNaira platform. The eNaira is a culmination of several…
NIN-SIM Linkage Subscribers Want Two-Month Extension As Deadline Nears
Telecommunication subscribers are clamouring for a two-month extension of the October 31 deadline for National Identity Number-Subscriber Identity Module data…
FG Mulls Bill On Digital Economy
The Federal Government has said it is working on a bill – the Nigeria Startup Bill (NSB)- that will aid…
President Of Federal Republic Of Nigeria To Unveil Central Bank Digital Currency Today
President Muhammadu Buhari will unveil the Central Bank Digital Currency, known as the eNaira, today at the State House, Abuja.…
PayPal Says It Is Not Interested In Acquiring Pinterest
U.S. payments giant PayPal said that it is not currently interested in buying social media platform Pinterest. Responding to what…
LocalGlobe Leads 7-figure Seed Round For Nigeria’s Eden Life
Nigerian startup Eden Life, a home services app for scheduling food, laundry and cleaning services, has raised a US$1.4 million…
Tesco Website And App Down After Online Hack Attempt
Tesco’s online grocery store website and app have been removed by hacking attempts, retail giants said. The supermarket chain said…
Facebook To Pay For News Content In France
Facebook said Thursday it had reached an agreement with some French newspapers to pay for news content shared by its…
Court Satisfied With MultiChoice Deposit Of N8 Billion in Tax Case
At the hearing in Lagos on Wednesday, the administrative court said it was satisfied that MultiChoice had complied with the…
Elon Musk Set To Become First Trillioniare Through His Company SpaceX
Elon Musk, the world’s most renowned entrepreneur and the CEO of two of the world’s largest companies, SpaceX and Tesla,…
Nigeria Stock Exchange Equities Investors Gain N237 Billion
Transactions on the equities sector of the Nigerian Exchange Limited (NGX) sustained a rising profile yesterday, occasioned by gains in…
Nigeria External Reserves Rise To $40 Billion In Three Weeks
Nigeria’s external reserves gained $3.98bn in three weeks, rising above the $40bn mark, according to data obtained from the Central…
Oil Refining Renaissance Under Threat From Natural Gas Crisis
Surging prices for natural gas are threatening to eat up the profit some oil refiners are making on their fuels,…
Nigeria Must Reduce Over-Dependence On Oil – Akeredolu
The Ondo State Governor, Mr Rotimi Akeredolu, on Wednesday, said there was a need to develop strategies that would enhance…