Net Foreign Exchange Flow Increased By $0.7 Billion In July
Net foreign exchange (FX) flow through the Nigerian economy increased to US$3.08 billion in July 2021 from US$2.38…
Facebook Is Rebranding, Changes Name To Meta
Facebook has changed its name to Meta as part of a major rebrand.
The company, which announced the change at its…
Meta Material Share Spike After Facebook Change Of Name To Meta
Meta Materials spiked late on Thursday, for the same reason that Zoom Technologies rallied in 2019 and Signal…
Federal Government Launch Made In Nigeria Barite
The Federal Government, on Thursday, launched the made-in-Nigeria barite, saying it would save the country the…
Diesel Landing Cost Has increased To N336.45 Per Litre: Oil Marketers Association…
The pump price of Automotive Gas Oil, also known as diesel, may rise further as the Major Oil Marketers Association…
Panic As Bitcoin Crashes, Wiping Millions Of Pounds In Cryptocurrency Markets
Bitcoin’s price has crashed yet again, wiping hundreds of millions of pounds from cryptocurrency markets and…
FBN Holdings Appoints Fidelity Bank Plc Immediate Past Managing Director (Nnamdi…
The board of FBN Holdings Plc (FBNHoldings) has appointed the immediate past managing director of Fidelity Bank…
Net Foreign Exchange(FX) Inflow To Nigeria Economy Increased To $3.08Billion In…
Net foreign exchange (FX) flow through the Nigerian economy increased to US$3.08 billion in July 2021 from US$2.38…
World Bank Disagrees With CBN On Multiple Exchange Rates, Others
The World Bank has said it disagrees with the Central Bank of Nigeria on how it is going about to achieve its price…
NNPC Gets Approval To Fix 21 Federal Roads At N621.2bn
Vice President Yemi Osinbajo has in the course of presiding over the Federal Executive Council (FEC) meeting,…
Federal Executive Council Approves Reconstruction Of 21 Roads By NNPC
The federal executive council (FEC) has approved N621.2 billion for the Nigerian National Petroleum Corporation,…
FG To Review Licence Of Some Power Distribution Companies Over Poor Performance
There are indications that the Federal Government may, in the coming weeks, take punitive measure over the…
Nigeria Stock Exchange Query FBN Holdings Over Shares
The Nigerian Exchange Limited (NGX) has queried FBN Holdings Plc, the holding company of First Bank of Nigeria, for…
MultiChoice Africa Holdings Rejects Tribunal Tax Appeal Ruling
MultiChoice Africa Holdings, the parent company of MultiChoice Nigeria, has rejected the ruling of the Tax Appeal…
Nigeria Banks Will Soon Commence Operations In China: Mr Cui Jianchun
The Chinese Ambassador to Nigeria, Mr Cui Jianchun, has said Nigerian banks will soon commence operations in…
FBN Holdings Confirms Hassan-Odukale Leads Femi Otedola With 0.29% Shareholding
FBN Holdings Plc has confirmed that Mr Tunde Hassan-Odukale is the single-largest shareholder in the…
Crypto Startup QuickNode Raises $35 Million In Series A Funding Round
Blockchain development platform QuickNode has raised $35 million in a Series A funding round, the company said…
World’s Biggest Maker Of Electric-Vehicle Batteries Report Profit That Exceed…
Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of electric-vehicle batteries and a key…
Twitter Suffer $537 Million Net Loss In 2021 Q3
Twitter said Tuesday it had posted a $537 million net loss in the third quarter after settling a lawsuit alleging…
GTCO Report Profit Before Tax Of N151.91 Billion 2021 Q3
Guaranty Trust Holding Company Plc has reported a profit before tax of N151.91bn for the third quarter of 2021,…
Tesla Major Investor Has Made $6 Billion On His Investment
Major Tesla investor Ron Baron on Wednesday said that he’s made $6 billion on his investment into the electric…
Amazon Invest In Three More Start-Ups
Amazon said Wednesday it’s investing in three more start-ups as part of its $2 billion Climate Pledge Fund.
The…
How ENaira Will Affect Banking Sector -Economists
Economists have said that the e-Naira, when rolled out, will have far-reaching implications for the future of the…
Oil Drops Ahead Of Stocks Data, Iran Talks
Oil prices edged lower on Tuesday after rising earlier in the day and analysts said prices were set to sustain a…
Nigeria’s Per Capita Income Static In 40 Year – World Bank
The World Bank made a startling revelation that Nigeria’s per capita income (PCI) has not improved in the last 40…
FG Closes Bid, To Announce Concessionaires For Four Airports
The Federal Government, yesterday, closed bidding for four major airports with a plan to announce new…
Manufacturers Decry FX, Electricity Pricing Challenges
As the Federal Government, in Abuja, harped on diversification of foreign exchange sources through export of…
Federal Government Of Nigeria Has Begun The Valuation Of Forfeited Properties
The Federal Government has begun the process for the valuation of property belonging to several politically exposed…
Tesla Shares Jumped Above $1 Trillion
Tesla shares jumped for a fourth straight session on Monday, bringing the market capitalization for the…
Nigerians Downloaded Over 200,000 Wallet In 24 Hours
Nigerians displayed massive interest in the Central Bank’s eNaira initiative downloading over 200,000 wallets in 24…