MTN Records 37.2 Million NIN Enrolment
MTN Nigeria said it has enrolled 37.2 million National Identification Numbers (NINs) for its subscribers in the…
The Pains Of Doing Business Online In Africa
With an estimated population of 1.216 billion people, you will agree with me that Africa is a great continent. But,…
Emefiele Rules Out Foreign Investors’ Exclusion From OMO
Foreign portfolio investors (FPIs) will not be barred from participating in the Open Market Operations (OMO)…
Nigeria Signs Fresh Five-Plug Bilateral Deal On Industrial Growth
Nigeria has signed a $1.4 billion memorandum of understanding (MoU) with Morocco to enhance its industrial capacity…
Deliveroo To Deliver $7 Billion Dual-Class London Listing
Deliveroo plans a London stock market listing that could value the British food delivery firm at around $7 billion…
Monde Nissin Seeks $1.3 Billion In Philippines’ Biggest Ipo
Philippine food maker Monde Nissin Corp. filed for an initial public offering to raise as much as 63 billion pesos…
Federal Government Of Nigeria Denies Allocating Vaccines To Rich Nigerian
The Federal Government of Nigeria has insisted that the AstraZeneca/Oxford COVID-19 vaccines currently in the…
The Leadership Of Cattle And Foodstuff Dealers Under The Aegis Of Amalgamated…
The leadership of Cattle and Foodstuff dealers under the aegis of Amalgamated Union of Foodstuff and Cattle Dealers…
World’s Biggest Wealth Fund Puts Japan’s Kirin On Watch List Over…
The Norwegian central bank said on Wednesday it had put Japan’s Kirin Holdings Ltd Co on a watch list for possible…
Lufthansa Weighs More Aircraft Retirements After Record Loss
Lufthansa may permanently ground more planes to emerge leaner from the coronavirus pandemic, the German airline…
Bond Scares Spook World Shares, Investors Look To Powell
Resurgent worries about rising U.S. bond yields hit global shares on Thursday as investors waited to see if Federal…
Germany’s Merck KGaA Predicts Earnings Gain In 2021
Germany’s Merck KGaA predicted further earnings gains in 2021 as an effort by the pharma industry to ready…
Bank Of Japan Shares Hit Upper Limit For Fourth Session, Nearly Doubling This Week
Shares in the Bank of Japan, one of only a handful of central banks that are publicly listed, hit their upper limit…
Britain Launches New Pandemic Loan Support Scheme
Britain’s finance minister Rishi Sunak on Wednesday launched a new state-backed loan scheme for businesses hit by…
Central Bank Of Nigeria Votes N50b For Commodity Exchange
The Central Bank of Nigeria (CBN) has committed N50 billion into the Nigeria Commodity Exchange (NCX) to boost…
Oil Extends Gains On Prospect Of OPEC+ Sticking With Supply Cuts
Oil prices rose for a second straight session on Thursday, as the possibility that OPEC+ producers might decide…
Texas Power Grid Operator ERCOT Fires CEO After Deadly Blackouts
Texas’ power grid operator ousted chief executive Bill Magness on Wednesday, as the fallout continues from a deadly…
UK New Car Sales Slump In February Amid COVID-19 Hit
British new car registrations fell by roughly 36% year-on-year in February, according to preliminary data from an…
Nigeria Sovereign Investment Authority, OCP Morocco Seal $1.4bn Deal To Produce…
The Nigeria Sovereign Investment Authority (NSIA) has sealed a $1.4bn deal with the OCP of Morocco as well as the …
SMEs Report Rise In Demand As Nigeria PMI Swings Back To Positive
Nigeria’s manufacturing Purchasing Managers’ Index (PMI), a gauge for manufacturing sentiments, moved back into…
E-Payments In Nigeria Decline Across All Channels
The value of electronic payment (e-Payment) transactions in Nigeria fell month-on-month, MoM, by 10 per cent to…
The African Union Claims 300m Africans Live 50km Away From Broadband Connections
The African Union (AU) has noted that though there has been a huge expansion of fibre optic networks on the…
Volkswagen CEO Tweets, Musk-Style, On Market-Cap Milestone
When the market value of Germany’s Volkswagen rose above the 100-billion-euro mark on Wednesday for the first time…
S&P 500, Nasdaq Fall As High-Flying Tech Stocks Slide
Wall Street’s major indexes dropped on Wednesday, weighed down by technology stocks as investors unwound positions…
One Year After ‘Ending’ Subsidy, Federal Government Of Nigeria Eats Its Words
Keeping the price of petrol unchanged at N162 despite increasing international crude cost is a clear indication…
U.S. Energy Secretary Readies $40 Billion In Loans To Boost Clean Energy
U.S. Energy Secretary Jennifer Granholm said on Wednesday she is ready to use $40 billion in her department’s loan…
General Motors Extends Vehicle Production Cuts Due To Semiconductor Chip Shortage
General Motors Co said on Wednesday it was further extending production cuts at three North American plants and…
Tangerine Life Completes Merger With ARM Life
Tangerine Life Insurance Limited (previously known as Metropolitan Life Insurance Nigeria Limited), has, concluded…
GlobalFoundries Pours $1.4 Billion Into Fab Expansion Amid Chip Demand Boom
GlobalFoundries will invest $1.4 billion this year to raise output at three factories in the United States,…
Samsung Considers Four Sites In U.S. For $17 Billion Chip Plant: Documents
Samsung Electronics Co Ltd is considering two sites in Arizona and another one in New York in addition to Austin,…