Twitter Boss Jack Dorsey’s First Tweet Sells For $2.9m
Each NFT has its own blockchain-based digital signature, which serves as a public ledger, allowing anyone to verify the asset’s…
Category: Business
Mega Insurance Merger Derailed As Hartford Rejects Rival Chubb’s Offer
Property and casualty insurer Hartford rejected a $23.24 billion takeover offer from larger rival Chubb Ltd on Tuesday, derailing what…
Apple Card, Underwriter Goldman Sachs Committed No Fair Lending Violations
New York’s Department of Financial Services on Tuesday said it concluded its investigation into Apple’s credit card and its underwriter…
GameStop Loses Second Senior Exec As Shakeup Deepens
GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company on March 31, the…
Elumelu: Entrepreneurship Key To Africa’s Sustainable Growth
The Founder of the Tony Elumelu Foundation (TEF), Mr. Tony O. Elumelu, has reiterated that equipping young people to succeed…
Attractive Yields Expected To Weigh On Nigerian & U.S Stocks
The Nigerian stock market continued its bearish streak for the 7th consecutive week as the All-share index dipped by 0.69%…
EU Extends Temporary Catch Limits On Fish Stocks Shared With Britain
European Union ministers agreed on Tuesday to extend to the end of July the bloc’s catch limits for fish stocks…
Norway Blocks Rolls-Royce’s Plan To Sell Engine Maker To Russia
Norway will block Rolls-Royce from selling a Norwegian maritime engine maker to a Russian company on national security grounds, its…
At NATO, Blinken Warns Germany Over Nord Stream 2 Pipeline
U.S. Secretary of State Antony Blinken said on Tuesday the Nord Stream 2 pipeline being built from Russia to Germany…
Nigerian Ports Authority Seals Three Illegal Jetties
The Nigerian Ports Authority has sealed three illegal jetties in its bid to clamp down on unseaworthy barges following increasing…
Only 47 Money Transfer Operators Are Licensed – Central Bank Of Nigeria
The Central Bank of Nigeria has released the list of 47 International Money Transfer Operators that are licensed to operate…
COVID-19: Federal Government Raises Alarm Over Racketeering Of Vaccines
The Federal Government on Monday in Abuja raised alarm over reported racketeering of the Oxford-AstraZeneca vaccines in some of the…
Abu Dhabi Funds Invest $150 Million In Messaging App Telegram
Abu Dhabi sovereign wealth fund Mubadala Investment Company and Abu Dhabi Catalyst Partners have invested a combined $150 million in…
Microsoft In Talks To Acquire Discord For More Than $10 Billion
Microsoft Corp is in talks to buy messaging platform Discord Inc for more than $10 billion, Bloomberg News reported, citing…
Online Review Platform Trustpilot Gets $1.5 Billion Valuation In London IPO
Online reviews platform Trustpilot said on Tuesday it had priced its initial public offering in London at 265 pence per…
Flourish Ventures Opens Up New Office In Nairobi, Kenya To Support African Fintech Startups
The African fintech startup scene is set for a boost after Flourish Ventures, a global fintech venture capital firm, announced…
FMO Renews Commitment To Emerging Africa Infrastructure Fund
The Emerging Africa Infrastructure Fund (EAIF), managed by Investec Asset Management (IAM), today announced that it has successfully completed its…
Valar Ventures Makes First Investment In Africa With Neo Bank Kuda
Launched in 2016 as lending platform Kudimoney, Kuda rebranded in June of 2019 and received a banking licence from the…
First Green Energy Project In Burkina Faso For EAIF
The West African country of Burkina Faso is to get a new large-scale renewable energy plant, it was announced today,…
A Company Will Pay You $2,400 To Stay Away From Screens For 24Hours
Put the phone away for an hour. Or, better yet, make it 24 hours — you might just get $2,400…
Rise Fund To Invest $200 Mln In Airtel Africa’s Mobile Money Business At $2.65 Bln Valuation
Telecommunications and mobile money services provider Airtel Africa said it signed an agreement under which The Rise Fund, the global…
RisCura Launches Impact Fund-Of-Funds For South Africa
Purpose-driven investment firm RisCura is applying its institutional investment experience to impact investing and has launched the country’s first Impact…
Hadiza Bala Usman: Export Cargoes Barred From Lagos Ports For Two Weeks
The NPA boss told Radio Now 95.3 FM in an interview monitored by TheCable that the suspension is effective Monday,…
China’s JD.com To Invest $800million In Dada Group
Chinese e-commerce firm JD.Com said on Monday it will invest $800 million in Dada Group, giving it a 51% stake…
S&P 500, Nasdaq Set For Higher Open On Tech Boost, Tesla Gains
The S&P 500 and the Nasdaq were headed for a higher opening on Monday as technology stocks looked set to…
Mondelez To Buy Majority Stake In UK Snack Bar Firm Grenade In Health Push
Cadbury chocolate-maker Mondelez International Inc said on Monday it would buy a majority stake in UK protein bar company Grenade,…
ByteDance Acquires Gaming Studio Moonton At Around $4 Billion Valuation: Sources
ByteDance said on Monday its video games unit Nuverse has agreed to acquire Shanghai-based gaming studio Moonton Technology, as it…
Facebook Rallies After Zuckerberg Downplays Risk Of Apple Policy
Facebook Inc. shares rallied on Friday, with the stock extending a recent advance after Chief Executive Officer, Mark Zuckerberg, downplayed…
CBN Sets 94% Target For Financial Inclusion By 2024
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged Nigerians to harness the benefits of the…
Central Bank Of Nigeria Reopens N50bn Covid Loan Portal For Households, Businesses
The Central Bank of Nigeria (CBN) is receiving applications for its N50 billion targeted credit facility (TCF) aimed at supporting…