Meta Launches Facebook Business Coach For SMBs In Africa
Meta, an American multinational technology company, said it will be launching Facebook Business Coach, an innovative and easily accessible way…
Category: Local
Cooking Gas Price Jumps By 240%, Marketers Halt Imports
Importers of Liquefied Petroleum Gas, popularly called cooking gas, have stopped importing the commodity. Investigations also show that the cost…
Don’t Create Artificial Fuel Scarcity, NNPC Cautions Nigerians
The Nigerian National Petroleum Corporation (NNPC) has once cautioned members of the public against engaging in panic buying of petrol,…
Nigerians Are Safe With 5G Network – FG Clarifies
The Executive Vice Chairman of the National Communications Commission, Prof. Umar Danbatta on Monday in Abuja again clarified that Nigerians…
As Inflation Bites, Nigeria Small Businesses Struggle To Survive
Every morning, Esther George rises before dawn to prepare a cooler of rice and a large pot of beans, as…
Five Dealer Managers To Handle UBA Dollar-Denominated Bond
United Bank for Africa Plc has contracted five dealer managers to administer its five-year fixed rate benchmark Dollar- denominated regulation…
Uber Posts Net Loss Of $2.4 Billion In Q3, But Delivery Business Outperforms
On Thursday, November 4, 2021, Uber announced its third-quarter earnings. In after-hours trading, shares rose 1% after a dip.A drop…
Twitter Plans To Allow Space User Access Live Audio Session
Social media giant, Twitter is improving on its functionality to allow Spaces users access live audio sessions through the web, without necessarily logging into the platform—a development that will…
Africa Requires $2.8 Trillion Investment To Transition To Clean Energy By 2050 – PWC
Energy experts at PricewaterhouseCoopers (PwC) have said that African countries will need an estimated $2.8 trillion investment to transit from…
Jaiz Bank Recorded N3.3 Billion Q3 Profit Before Tax
Jaiz Bank Plc has declared a N3.3 billion profit before tax of N3.3 billion in the third quarter of this…
New Cybersecurity Format Threatens Hybrid Workplace
Latest Security report, titled: Out of Sight and Out of Mind, a comprehensive global study highlighting how the rise of…
Meta (Facebook) Plans To Open It’s First Retail Store
Meta is in discussion and may soon open its first retail store as it looks to break into the metaverse…
Nigeria: Over 40 Million Unbanked Adult To Enjoy Mobile Money
Estimated at over 40 million, Nigeria’s unbanked adult population who are mostly in the hard-to-reach rural communities are expected to…
Robinhood Said Third Party Obtained Access To Customers Email
Robinhood Markets said on Monday a third party had obtained access to the email addresses of about five million of…
Nigeria Stock Market Investors Gain N643.1 Billion
The Nigerian stock market began the week on a positive note as investors gained N643.14bn at the end of trading…
CBN 100 For 100 PPP Maximum Is N5 Billion
The Central Bank of Nigeria has fixed the maximum loan amount that a participant in its newly introduced initiative, called…
Rainoil Acquires Majority Stake In Eterna Plc
Rainoil Limited, a leading player in the downstream oil and gas industry, has completed the acquisition of majority shares in…
Twitter Users Suggest Elon Musk Should Sell Part Of Tesla Stake To Pay Tax
Twitter users have voted that Elon Musk, the billionaire founder of Tesla Inc., should sell 10 percent of his stake…
Cryptocurrency Market Now Worth Over $3 Billion
The world cryptocurrency market is worth more than $3 trillion for the first time, according to calculations Monday, as mainstream investors…
EFCC Operatives Clash With Prison Officials Over Custody Of Maina
There was a commotion at the federal high court in Abuja on Monday after the sentencing of Abdulrasheed Maina, former…
FMDQ Securities Exchange Limited Partners With Luxembourg Stock Exchange
FMDQ Securities Exchange Limited has partnered with Luxembourg Stock Exchange (LuxSE) to facilitate the dual listing of securities issued by…
Customs Explores E-Naira For Duty Collection
The Nigeria Customs Service (NCS) has expressed readiness to begin collection of import duty with the e-naira that was recently…
Freight Forwarders Vowed To Resume Industrial Action
Freight forwarders have vowed to resume the suspended industrial action at the expiration of a new notice issued to international…
N4tr Power Liquidity Crisis: Stakeholders Urge CBN To Review Interventions
Stakeholders in the Nigerian power sector are unsettled on the need for the Central Bank of Nigeria (CBN) to continue…
CBN Confiscates 67,000 Counterfeit Naira Notes In 2020
Higher banknotes’ share of value of currency in circulation is 98% A total of 67,265 banknotes with a nominal value…
CBN’s Suspension Of Foreign Exchange Supply To BDCs Boosts Banks’ Income As 6 DMBs Rake In N145.6bn
With Central Bank of Nigeria (CBN) suspending Foreign Exchange (FX) supply to Bureau De Changes (BDCs), a total of six…