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Indian Fintech “Paytm” Allocates $1.11 Billion Shares To Over 100 Investors
Ant Group-backed fintech firm Paytm said it has allocated shares worth 82.35 billion rupees ($1.11 billion) to more…
Facebook Parent Meta Platforms Will Invest In New Zealand To Boost Digital…
Facebook parent Meta Platforms Inc. said on Thursday it would invest in New Zealand to promote up and coming news…
Nigeria Stock Exchange Gained N19.11 Billion
Stock investors in the Nigerian Exchange Limited gained N19.11bn at the end of trading on Tuesday, despite negative…
Elon Musk To Help Fight World Hunger With $6 Billion But With A Clause
Elon Musk is now worth more than $300 billion, and he’s apparently ready to start spending.
The Tesla and SpaceX…
Dangote Cement Records 34.2 Percent Revenue Growth In Nine Month
Dangote Cement Plc, the largest Cement producer with nearly 48.6Mta capacity across Africa, published nine-month…
SEC Urge Stockbrokers To Create Innovative Financial Products
The Securities and Exchange Commission (SEC) has urged operators to create innovative financial products that would…
Equities Market Resumes November Trading On A Downturn Note
The equities market resumed trading for the month of November on a downturn note yesterday, as market…
Tesla Is Yet Sign A Contract With Rental Car Company “Hertz”: Elon Musk
Tesla CEO Elon Musk said on Monday night that his electric vehicle company has yet to sign a contract with…
Insecurity, Others Cut Nigeria’s Foreign Investments To $875m, Lowest In 5 Years
The spate of security crises, a tough business climate, and policy inconsistency are among the factors that cut…
Central Bank of Nigeria Commence 100 For 100 Policy On Production And Productivity
The Central Bank of Nigeria has commenced the 100 for 100 Policy on Production and Productivity with the unveiling…
ARCH EM’s Cold Chain Solutions Fund Lands Another LP
The Board of Directors of the African Development Bank has approved an equity investment of $10 million in the ARCH…
Sega Says It’s Exploring A Strategic Alliance With Microsoft
Sega Sammy Holdings on Monday said it is exploring a strategic alliance with Microsoft to develop big budget…
Investor Group Partners For Sustainable Finance Facility For Greenlight
Standard Bank Group, Citi, CDC Group Plc and Norfund have teamed up to provide a $75 million equivalent Kenyan…
Pearl Capital Backs Poultry Business With Mix Of Equity And Debt
Yield Uganda Investment Fund, an agribusiness impact vehicle managed by Pearl Capital Partners, has struck its…
Euro Hovers Ahead Of ECB Meeting, Yen Looks Past BOJ Doves
The euro dipped below $1.16 ahead of the European Central Bank meeting on Thursday as investors wait to hear…
Federal Government Launch Made In Nigeria Barite
The Federal Government, on Thursday, launched the made-in-Nigeria barite, saying it would save the country the…
Panic As Bitcoin Crashes, Wiping Millions Of Pounds In Cryptocurrency Markets
Bitcoin’s price has crashed yet again, wiping hundreds of millions of pounds from cryptocurrency markets and…
Nigeria Stock Exchange Query FBN Holdings Over Shares
The Nigerian Exchange Limited (NGX) has queried FBN Holdings Plc, the holding company of First Bank of Nigeria, for…
FBN Holdings Confirms Hassan-Odukale Leads Femi Otedola With 0.29% Shareholding
FBN Holdings Plc has confirmed that Mr Tunde Hassan-Odukale is the single-largest shareholder in the…
Crypto Startup QuickNode Raises $35 Million In Series A Funding Round
Blockchain development platform QuickNode has raised $35 million in a Series A funding round, the company said…
Twitter Suffer $537 Million Net Loss In 2021 Q3
Twitter said Tuesday it had posted a $537 million net loss in the third quarter after settling a lawsuit alleging…
GTCO Report Profit Before Tax Of N151.91 Billion 2021 Q3
Guaranty Trust Holding Company Plc has reported a profit before tax of N151.91bn for the third quarter of 2021,…
Tesla Major Investor Has Made $6 Billion On His Investment
Major Tesla investor Ron Baron on Wednesday said that he’s made $6 billion on his investment into the electric…
Nigerians Downloaded Over 200,000 Wallet In 24 Hours
Nigerians displayed massive interest in the Central Bank’s eNaira initiative downloading over 200,000 wallets in 24…
National Pension Commission Recovered N19.29 Billion Unremitted Monthly Pensions…
The National Pension Commission says it has recovered N19.29bn monthly pensions deducted by employers from…
Newly listed Nigerian Exchange Group Led Gainers With 23.94 Percent
Newly listed Nigerian Exchange Group Plc traded high at the end of last week’s transaction on the equities sector…
AMCON Yet To Pay Arik Air Unsecured Debt Since It Took Over
The Asset Management Corporation of Nigeria “AMCON” has refused to pay to the aviation agencies N9.6 billion and…
Pension Fund Administrators Invested N2.05 Trillion Pension Fund In Banks In 6…
The total amount of pension funds invested in banks by Pension Fund Administrators rose to N2.05tn at the end of…
MFS Africa Makes “Second-Highest” Fintech Acquisition In Nigeria
MFS Africa, the largest pan-African digital payments hub, announced that it had signed an agreement to acquire…
FBNH’s Equity In Airtel Nigeria Could Be Over N200 Billion
FBN Holdings Plc, a major beneficiary of Airtel Africa’s buy-back of the unquoted shares of Airtel Nigeria, could…