Real Time Financial News Website
The Minister of Works and Housing, Mr Babatunde Fashola, on Thursday, explained how his Ministry paid N151m to the Cartil Construction Nigeria Limited for the rehabilitation of the Ife-Ifewara Road.…
The Federal Government on Thursday said nine power plants were currently shut down, as this was why power outages had persisted recently across the country. Minister of Power, Sale Mamman,…
Celebrity stockpicker Cathie Woods’ ARK funds bought more shares of Coinbase (COIN.O) worth $110 million a day after the cryptocurrency exchange’s Nasdaq debut, according to the firm’s daily trad summary…
Hyundai Motor Group said on Friday it has formed a new mobility division to launch more service models and named an outsider as its chief following his tenure with global…
Google Earth received its first big update since 2017 on Thursday. The highlight is a new time-lapse feature that lets you see how much the planet has changed in the…
In his final letter to shareholders, Amazon CEO Jeff Bezos on Thursday laid out a broad vision for the future of the company, committing to extend Amazon’s famous obsession over…
Mobile gaming company AppLovin began trading Thursday at $70 per share. The nine-year-old company, which has a portfolio of mobile games and also sells marketing services to game companies, now…
Apple’s 2022 iPhones could come in four different models with significantly improved cameras, TFI analyst Ming-Chi Kuo said in a Wednesday note to investors. The devices could come in two…
Coinbase shares whipsawed Thursday morning, a day after the cryptocurrency exchange went public in a blockbuster direct listing. The firm’s stock price climbed as high as 6.4% before it dipped…
Truckmaker Iveco, electric and hydrogen vehicle maker Nikola and German gas network operator OGE said on Wednesday they entered a preliminary agreement to support hydrogen distribution for fuel-cell electric vehicle…
Uber and Mastercard have extended their partnership with a new strategic initiative focusing on digital payments and advancing financial inclusions. The initiative will be facilitated by Mastercard across the Middle…
The value of transactions carried out online by bank customers jumped to N22.77tn in March 2021, the latest data from the Nigeria Inter-Bank Settlement System have shown. This shows a…
Apple is set to host its first product launch of the year next week, and it’s expected to announce updates to its iPad Pro, iPad mini and AirPods lines. The…
The cryptocurrency market has grown exponentially in 2021 and is now worth a staggering $2.0 trillion as it increasingly attracts interest from big names on Wall Street. As digital currency…
Euro zone citizens expect the European Central Bank’s proposed digital euro to be private, safe and cheap, an ECB survey showed on Wednesday. “What the respondents want most from a…
Toshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate’s shares surged on reports that KKR &…
As Italy entered a new coronavirus lockdown and shut shops in March, Genoa-based jeweller Gismondi 1754 turned to messaging service WhatsApp to sell a 300,000 euro diamond ring to a…
Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, will list on the Nasdaq on Wednesday, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset.…
In the past year, the HP Anti-Counterfeiting and Fraud team stopped the potential sale of 54,000 counterfeit toner and ink cartridges in Nigeria, the largest seizure in Europe, Middle East…
Technology giant Microsoft is in advanced discussions to buy the US group Nuance Communications, which specializes in artificial intelligence, for $16 billion, according to media reports Sunday. The deal could…
Minister of Communications and Digital Economy, Dr. Isa Pantami, yesterday, said Federal Government would not go back on the verification of National Identity Number (NIN) and Subscriber Identification Modules (SIM)…
Twitter has opened its first African office in Ghana to grow its African presence. The company is actively looking for talents to fill 12 roles remotely, with a particular focus…
Nigerian-founded venture capital firm CardinalStone Capital Advisers is leading a $10 million Series A funding in Appzone that delivers best-in-class products for digital core banking and interbank transaction processing.It is…
For the first since its take-off last year, the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline project received a boost at the weekend when a Nigerian Railway Corporation (NRC)-operated train delivered…
Senior White House officials will meet on Monday with top executives from nearly 20 major companies to discuss a global semiconductor shortage that has roiled the automotive industry and technology…
Shipments of smartphones within China increased 67.7% year-on-year to 35.5 million handsets in March, the China Academy of Information and Communications (CAICT) reported on Monday. The figures affirm that the…
Chinese telecoms equipment maker Huawei Technologies will invest more in businesses that are less reliant on advanced process techniques, it said on Monday, citing U.S. sanctions that have reduced its…
Digital Landlord Nigeria Limited said it has adopted the use of artificial intelligence to drive rentals of its short-let apartments. The Founder/Chief Executive Officer, Digital Landlord Nigeria Limited, Mr Keji…
Electricity generation in the country fell below the 4,000 megawatts mark on Sunday as 11 plants were idle, even as several others suffered declines in the output. Total power generation…
MTN customers have been reconnected to banking channels after commercial banks had blocked them from using their channels, including the Unstructured Supplementary Service Data and banking apps on Friday. The…