Stock Market Sheds N117bn As Investors Take Profits
The equities listed on the Nigerian Exchange Limited shed N117.03bn last week, with analysts attributing the market…
Pearl Capital And FCA Back Organic Agribusiness
Yield Uganda Investment Fund, an agribusiness impact vehicle managed by Pearl Capital Partners, and FCA Investments…
Nigeria: Dangote Refinery To Increase Workforce To 57,000 employees
The Founder, Dangote Industries Limited, Alhaji Aliko Dangote has said the construction of the Dangote Petroleum…
Agricorp Raises Mix Of Equity And Working Capital Financing
Agricorp International, Nigerian based spices producing, processing, and exporting company has raised $17.5…
Amethis Sells Its 22% Stake In Sodigaz APC to African Infrastructure Investment…
Amethis is pleased to announce the sale of its minority stake in Sodigaz APC to African Infrastructure Investment…
Warren Buffett-Backed Electric Carmaker BYD Sees August Sales Surge More Than 300%
BYD sold 61,409 new energy vehicles in August, more than four times the amount sold a year ago, as demand for…
LASEPA shuts Ikorodu Steel Manufacturing Firms
The Lagos State Environmental Protection Agency has issued issued a ‘stop-work’ order to two steel and iron…
Estate Firm Increases Access To Short-Let Apartments In Lagos
In line with its ambitions to increase access to short let rentals, Shortlethomes, a leading real estate firm, has…
Stakeholders Laud NBC Over Waste Management Initiatives
Stakeholders in Nigeria’s manufacturing and waste management sectors have commended the Nigerian Bottling Company…
European Markets Head For Mixed Open After U.S. Jobs Miss
European stocks are expected to open in mixed territory on Monday as investors digest jobs data from the U.S.…
SPACs Offer Hope For Reviving Singapore’s Flagging IPO Market
Singapore’s stock exchange this month launched new rules allowing SPACs to list, a move it hopes will draw more…
Payrolls And The Stock Market: Wall Street Usually Shrugs Off Jobs Report
Markets always look to the Labor Department's monthly employment report with great anticipation. But whether the…
Didi Denies Reports That Beijing City Is Coordinating Companies To Invest In It
China's ride-hailing giant Didi Global Inc (DIDI.N) said on Saturday that media reports that the Beijing city…
Wall St Week Ahead Investors Grow Wary As Stocks Hit New Highs
Investors are girding their portfolios for potential stock market volatility, even as equities hover near fresh…
Italy Says Bids For National Cloud Hub Expected This Month
Italy expects to receive bids by the end of September from companies interested in building a national cloud hub, a…
After Criticism, Apple Says It Will Delay Child Safety Updates
Apple Inc (AAPL.O) said on Friday it would take more time to collect feedback and improve proposed child safety…
Flipkart Co-Founder Challenges Indian Enforcement Agency Probe
The future looked promising for Tinashe Mapuranga, an intern at a leading bank in Zimbabwe who appeared set to get…
Loud And Proud: Shake Shack’s Recipe For An Inclusive Workplace
If there is a key mantra for companies right now, it has to be “diversity and inclusion.”
With issues of race,…
Exclusive Amazon To Proactively Remove More Content That Violates Rules From Cloud…
Amazon.com Inc (AMZN.O) plans to take a more proactive approach to determine what types of content violate its…
Tech Giants Seek Meeting With New Malaysian PM On Foreign Ship Cable Waiver
Facebook, Google, Microsoft and Amazon are seeking to meet Malaysia's prime minister to ask that foreign vessels be…
China Set To Sell 1.7 Million NEVs Between Jan-Aug, Nearly Tripling On-Year
China, the world's biggest vehicle market, is expected to sell 1.7 million new energy vehicles (NEV) in the first…
Victim Of Tesla Crash In Texas Had Alcohol Level Exceeding Legal Limit
One of the two victims of a fatal crash involving a Tesla car in Texas had a blood-alcohol level that exceeded the…
UK Food Supplies Set To Worsen As More Brexit Red Tape Is Introduced Within Weeks,…
Business owners fear food safety checks set to be introduced from 1 October will make some shipments unviable, but…
Stocks End Week On a Downbeat Note After disappointing Jobs Report — Five Experts…
Stocks looked to enter the long weekend on a dour note after a disappointing August jobs report.
Nonfarm payrolls…
Include Revenue Sources In Budget Proposals, FG Tells MDAs
The Federal Government has directed all Ministries, Departments and Agencies of government to include revenue…
NNPC Earned N4.61tn, Spent N4.52tn in 2020 — BudgIT
The Nigerian National Petroleum Corporation earned revenue of N4.61tn and spent N4.52tn in 2020, according to a…
Match Shares Soar On News It Will Join S&P 500
Shares of Match Group rose more than 8% after hours, following news that the company is joining the S&P 500.…
CBN Gets Eight New Directors
Nwanisobi had been in acting capacity since last October, when his predecessor, Isaac Okorafor retired.
A…
Africa’s Cross-Border Trade is Worth $93b – Osinbajo
The Vice President, Professor Yemi Osinbajo, has estimated the value of informal trade in the African Continent to…
Reserves Hit Two-Month High, Naira Plunges Further
Nigeria’s foreign reserves have hit a two-month high, data released by the Central Bank of Nigeria (CBN) have…