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MTN Nigeria: Service Meltdown Just As It Gets Approval To Issue Debt
The Punch gathered that customers were unable to use the mobile network operator’s call, data and SMS services.…
MTN Nigeria Get SEC Approval To Launch Its series II Bond
The Securities and Exchange Commission (SEC) has granted MTN Nigeria Communications approval to launch its series…
Federal Government Of Nigeria Allocated N5.93 Trillion To Critical Sectors
The Federal Government has allocated the sum of N5.93tn to critical sectors of the economy including defence,…
Apple Plan New Regional Headquarter Location In Los Angeles
Apple will build a new regional headquarters at the border of Culver City and Los Angeles, the company said on…
U.S. Oil Benchmark Crossed $80 Per Barrel First Time Since 2014
West Texas Intermediate crude futures, the U.S. oil benchmark, crossed $80 per barrel on Friday for the first…
Europe’s Record Initial Public Offerings Year Has A Swindle In Its Tail
Europe's record year for initial public offerings (IPOs) is threatening to come to a juddering halt as inflation…
Stocks Slip Yet Holding Weekly Gain Ahead Of U.S. Jobs Data
European shares slipped on Friday but held most of the previous session's gains as investors welcomed the U.S.…
California Was A Difficult Place: Elon Musk On Moving Company’s Headquater
Chief executive Elon Musk announced the move at the electric carmaker's annual shareholders' meeting in Austin.…
Naira Exchange At N414.67 To $1 Officially
The exchange rate between the naira and the US dollar closed at N414.67/$1, at the Investors and Exporters window,…
Samsung Share Falls Due To Global Chip Shortage
Samsung Electronics shares failed to hold onto earlier gains on Friday after the company said its operating…
U.S. Lenders Expected To Report High Third Quarters Results, Iffy Loan Outlook
The largest U.S. lenders are expected to report moderately higher third-quarter profits next week as…
China Forex Reserves Fall To Lowest Since April
China’s foreign exchange reserves fell almost 1% in September from the previous month, official data showed on…
Rise In Global Oil Prices And Naira Depreciation Leads To Rise In Price Of Diesel
Fuel marketers have increased the price of Automotive Gas Oil, also known as diesel, to N320 per litre as the…
Amazon Receive Tax Break Of $650 Million From Local Governments Across U.S.
Amazon has been awarded a record amount of tax exemptions, grants and other incentives this year from local…
Consumption Of Premium Motor Spirit (PMS) Dipped By 132,301,071 Litres In August…
The Petroleum Products Pricing Regulatory Agency (PPPRA) report on Petroleum Products Supply in August yesterday…
Amazon Extends Its General Store To Outside Of The U.S.
Amazon has opened its first general store in the UK, selling items including books, technology and toys, as the…
Nigeria Exchange Limited Stock Market Gain N247 Billion
The stock market of the Nigerian Exchange Limited (NGX) yesterday ended trading activities for the second day of…
Interstellar Partner With Interswitch Group To Develop Blockchain-Powered…
Interstellar Inc. has partnered with Interswitch Group to develop blockchain-powered infrastructure services and…
Airtel Africa New Managing Director and Chief Executive Officer Begin Role…
Airtel Africa Plc has announced the resumption of duties of its new Managing Director and Chief Executive Officer,…
Nokia Unveil First Tablet “T20” With 15 Hour Long battery life
The company that makes Nokia-branded phones on Wednesday unveiled its first tablet, the Nokia T20, in a challenge…
International Monetary Fund(IMF) Recognizes Global GDP In 2021 To Fall Slightly…
The International Monetary Fund expects global economic growth in 2021 to fall slightly below its July forecast of…
Bitcoin Rose Above The $50,000 Mark For First Time In Four Weeks
Bitcoin, the world's biggest cryptocurrency by market value, rose above the $50,000 mark for the first time in four…
Oil Price Rise Above $81 whilst Nigeria’s production drops by 130,000 barrels
Oil prices climbed above $81 on Monday as the Organisation of Petroleum Exporting Countries and its allies…
BluePeak Private Capital Raise Capital For Flagship Private Credit And Mezzanine…
BluePeak Private Capital, an alternative investment firm with a strong focus on Africa, announced that it has…
Crypto Exchange “Yellow Card” Raises $15 Million In Series A Funding
Cryptocurrency exchange, Yellow Card, has announced a $15M Series A, the largest ever by an African cryptocurrency…
Stocks Drop Low As Investors Fear Oil Rally Fuels Inflation
Asian shares tracked a broad sell-off on Wall Street to weaken for a third straight session on Tuesday, as…
Development Partners International (DPI) Sells Stake In Food Concepts To ACA
Private equity firm Development Partners International (DPI) said on Thursday it has sold about a third of its…
Africa Startup “Andela” Attains Unicorn Status
Andela, a startup that connects African software engineering talent to global companies has raised $200 million…
Pressure On Cost Leads To Purchase Price Inflation
Unfavorable exchange rate movement exerted pressure on cost, leading to a rise in purchase price inflation.…
Evergrande Crisis Is Affecting China’s Property Market
On the heels of Evergrande’s debt crisis, there are increasing signs of stress in China’s property market after one…