U.S Tech Giant “Google” Amended Its Payment Policy For The First Time
Alphabet’s Google said on Thursday it plans to allow third-party payment systems in South Korea to comply with a new…
Category: Market
Lenovo Report 65 Percent Profit in Q2
China’s Lenovo Group, the world’s biggest maker of personal computers, said that a global chip shortage remained a challenge even…
Tencent Holdings Progresses On Chip Production
Chinese technology giant Tencent Holdings, touted progress in semiconductor chip development and investment on Wednesday, offering a rare public glimpse…
62 Billion Yuan Spent Using China’s New Digital Currency
Some 140 million people had opened “wallets” for China’s new digital yuan as of October and used it for transactions…
NNPC Rule Out Hike In Pump Price Of Products
The Nigerian National Petroleum Corporation has admitted that there are pricing issues at some petrol depots in the country but…
CBN Moves To Fix Domestic Output, FX Constraints For Manufacturing
mes Emejo examines the Central Bank of Nigeria (CBN) “100 for 100 PPP – Policy on Production and Productivity” initiative…
First Bank Launch Digital Centre
First Bank of Nigeria Limited has announced the launch of its fully automated branch, called the FirstBank Digital Experience Centre.…
Dollar Firms As Fed Policy Meeting Gets Underway
The dollar firmed slightly on Tuesday as the U.S. Federal Reserve kicked off its two-day policy meeting where it was…
FG Hopeful Dangote Petroleum Refinery, NNPC, And Other Modular Refineries Will Meet Nigerians PMS Demand
The 650,000bpd Dangote Petroleum Refinery, Nigerian National Petroleum Corporation (NNPC) and other modular refineries are expected to be the major…
Tesla Recalls U.S Vehicles Sold Since 2017 Due To Communication Error
Tesla Inc is recalling nearly 12,000 U.S. vehicles sold since 2017 because a communication error may cause a false forward-collision warning or…
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 CEO —…
Chip Shortage Force Apple To Substitute Production Of Ipad Tablet For Iphone 13
Apple has cut back production of iPad tablets to allocate more components to the iPhone 13, a sign the global…
Electric Vehicle Start-Up “Rivian Automotive” Targets $54.6 Million
Electric vehicle start-up Rivian Automotive is targeting a market valuation of as much as $54.6 billion in its upcoming initial…
Introduction Of Hostile Economic Policies Drops Nigeria Volume Of Import Via Benin Republic By 95%
The volume of imports into Nigeria through its neighbor, Benin Republic, has continued on a downward slide through July and…
SEC Urge Stockbrokers To Create Innovative Financial Products
The Securities and Exchange Commission (SEC) has urged operators to create innovative financial products that would support businesses, boost market…
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 capitalisation declined by…
Canadian Dollar Steadies As Speculators Turn Bullish On The Currency
The Canadian dollar barely moved against its U.S. counterpart on Monday as data showed speculators turning bullish on the currency…
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 Nigeria’s Foreign…
Oil Drops At Start Of Key Week As Biden Boosts Pressure On OPEC+
Oil fell as pressure mounted on OPEC+ to boost production when it meets this week and China released reserves of…
Oil Falls After China Releases Reserves Of Gasoline, Diesel
Oil prices fell on Monday after China said it released reserves of gasoline and diesel to boost supply, while investors unwound…
Manufacturers Lament Forex Crisis Impact On Raw Materials Import
Manufacturers have lamented the impact of foreign exchange (forex) crisis on importing raw materials. Speaking during the tour of Hayat…
Forex Volatility, Inflation Hampering Investor Confidence
The volatility of the dollar in the forex market is taking its toll on micro, small and medium enterprises (MSMEs),…
China’s Yuan Steadies After Best Month In Five, Market Awaits Fed Meeting
China’s yuan steadied against the dollar on Monday after posting it biggest monthly rise in five in October, as investors…
Malaysia Stock Drops After Government Announcement Of One Off Windfall Tax
Malaysia stocks fell on Monday as the government announced a one-off “windfall” tax on companies to raise revenue for the…
Xpeng Hong Kong Shares Soar High After Delivery Of More Than 10,000 Cars
Xpeng said it delivered more than 10,000 cars in October, sending its Hong Kong shares higher on Monday The electric…
TLcom And 4DX Ventures Make Follow-On Deal For Autochek
Autochek, the automotive technology company facilitating auto financing across Africa, has today secured $13.1mn in seed funding. Co-led by follow-on…
Price Of Domestic Fuel Is Indexed To International Pricing Model: Nigeria LNG
Following worries over the hike in the price of cooking gas, the Nigeria LNG has explained that the price of…