OPEC Raises Nigeria’s Oil Production Bar To 1.666mbpd
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) on Thursday raised the production quota of…
Foreign Airlines Protest Withdrawal As Stuck Funds Hit N328 Billion
Foreign airlines operating in and out of Nigeria have taken their protest to the Central Bank of Nigeria (CBN) over…
Gold Jumps 1% As Fed Signals Patience On Rate Hikes, BoE Holds Fire
Gold prices jumped 1% on Thursday after the Federal Reserve indicated it would be patient on raising interest rates…
Kenyan Shilling And Zambian Kwacha Under Pressure
Kenya's shilling and Zambia's kwacha are likely to weaken in the coming week while the Ugandan shilling is expected…
British House Prices Jump 0.9% In October
British house prices rose for a fourth month running in October in the latest sign of strong momentum in the…
Botswana’s Second Privately-Owned Coal Mine Set To Begin Work In 2022
Work is due to begin on Botswana's second privately-owned coal mine in the first quarter of next year, the CEO of…
Unilever Nigeria Recorded N58.7 Billion Q3 Turnover
Unilever Nigeria Plc has said it recorded a turnover of N58.7bn in the third quarter of 2021, compared to N44.7bn…
Foreign Exchange Payment For Estacodes And Personal Travel Allowances Amount To…
The amount of foreign exchange used for the payment of estacodes and Personal Travel Allowances to Ministries,…
MTN Nigeria And Airtel Africa Plc Can Now Operate Payment Service Bank
MTN Nigeria and Airtel Africa Plc have received approval in principle to operate a payment service bank (PSB) in…
Telecommunications Operators Request NCC To Reduce Price Set For 3.5GHz Spectrum…
Telecommunications operators have called on the Nigerian Communications Commission (NCC) to reduce the $197.4…
Polish E-Commerce Group Agrees To Buy Czech Online Retail Store
Polish e-commerce group Allegro has agreed to buy Czech online retailer Mall Group for 881 million euros ($1.02…
Blue Origin Lawsuit Against NASA Got Rejected By Federal Judge
A federal judge on Thursday rejected a lawsuit by Jeff Bezos' space company Blue Origin against the U.S. government…
Uber Reported First Operating Profit As Driver Shortage Eases
Uber Technologies on Thursday reported its first profitable quarter on an adjusted basis since it launched more…
Apple To End Mask Mandate In Some US Retail Stores
Apple will remove its mask mandate for customers at many U.S. retail stores from Friday as COVID-19 cases decline.…
Chip Shortage Is Hitting Hardware Development: Nintendo
Japan's Nintendo Co Ltd said on Friday that a global chip shortage which forced the firm to scale back expectations…
Australia’s High Court Refuse Johnson & Johnson Appeal
Australia's High Court on Friday refused to hear an appeal that Johnson & Johnson sought to overturn a federal…
Chinese Markets Dragged On Asian Shares While Dollar Stands Tall
Chinese markets dragged on Asian shares on Friday as they failed to latch on to a global record-setting rally after…
Facebook Test For Creator Of Facebook Group To Earn On Exclusive Access
Facebook is testing ways for creators to make money through Facebook Groups, such as users paying fees for…
German Industrial Production Fall By 1.1 Percent Unexpectedly
German industrial production unexpectedly fell in September, official data showed on Friday, as supply bottlenecks…
Alphabet Invest $1 Billion In CME Group
Alphabet, Google has invested $1 billion in CME Group and has struck a separate deal to move the futures exchange…
Alleged Deduction Of N1.1 billion From 2021 Culture and Tourism Budgetary…
The house of representatives committee on culture and tourism says it will investigate the alleged deduction of…
Agribusiness Company “Olam” To Produce 240,000 Metric Tonnes Of Rice
Olam Nigeria Limited, an agri-business company, has announced plans to increase its production capacity to 240,000…
FG To Safeguard Nigeria’s Digital Economy While Building Stakeholders Trust
The Federal Government has renewed its plans to safeguard Nigeria’s digital economy from cybercrimes while building…
Spectrum Auction For 5G Services To Hold On 13 December
The Nigerian Communications Commission (NCC) says the upcoming spectrum auction for 5G services will hold December…
Nigeria Customs Service Get FG Approval Of N1.5 Billion For Procurement Of 46…
The federal executive council has approved N1.5 billion for the procurement of 46 vehicles for the Nigeria Customs…
MTN Group Concluded Plans To Sell 575Million Shares To Nigerian Investors
MTN Group, the parent company of Nigeria’s telecom giant, MTN Nigeria, which controls 40 per cent market share, has…
United Kingdom Became The First Country To Approve Anti-Covid Pill
Britain on Thursday approved the use of Merck’s antiviral pill to treat patients suffering from mild to moderate…
N5.7 Trillion Spent For Darkness Eight Years After Privatisation In Nigeria
In what most industry players and consumer right groups, yesterday, described as payment for darkness, Nigerians,…
Federal Government Begins Clamp Down On Banks Aiding ‘Fiscal Carelessness’ Of…
The Federal Government may begin to clamp down on banks and other financial institutions aiding “fiscal…
Debt Management Office To Issue N250Billion Sukuk Bond
The Debt Management Office (DMO) says it will issue about N250 billion Sukuk to finance road projects.The DMO said…