Mixed Trade In Asia Stocks
Asia markets traded mixed on Wednesday, after U.S. equities tumbled overnight in another volatile session as…
Swedish “Buy Now Pay Later” Fintech Firm To Launch Physical Card
Swedish fintech firm Klarna is embedding its “buy now, pay later” service into a physical card in the U.K.
The…
LG Q4 Profit Drops By 30 Per Cent
South Korea's LG Display Co Ltd posted on Wednesday a 30% drop in quarterly operating profit on the year, hit by a…
African Airlines’ Passenger Traffic Has Fallen By 65% Due To Omicron- IATA
The International Air Transport Association says African airlines’ passenger traffic has fallen by 65% due to the…
Three U.S. states, D.C. sue Google over location-tracking
Texas, Indiana, Washington State sued Google on Monday over deceptive location-tracking practices that invade…
Value Of PoS Transactions Hits N18.10trn In Five Years
The value of transactions through Point of Sale (PoS) terminals in the country rose to N18.10trillion between 2017…
NITDA to initiate code of conduct for social media activities in Nigeria
National Information Technology Development Agency said it is developing a code of conduct for social media…
Nigeria: FG to convert 200,000 vehicles
The Federal Government on Monday met with oil marketers in the downstream sector for the conversion of 200,000…
Tencent fires 70 people and blacklists 13 firms in anti-fraud campaign
Chinese internet giant Tencent fired 70 people and blacklisted 13 firms last year as part of an anti-graft…
Australian inflation surges in Q4, market bays for rate hikes
Australia's core inflation flew to its fastest annual pace since 2014 in the December quarter as fuel and housing…
Nigeria: Truck Owners Threaten To Sue NPA Over ‘Extortion’
Truck owners under the aegis of the Council of Maritime Transport Unions and Associations (COMTUA) have threatened…
Nigeria Record N74.51bn Oil Revenue Lost In December
A new monthly report of the Organization of the Petroleum Exporting Countries has shown a plunge in Nigeria’s crude…
Ethos And BluePeak Co-invest In Grit Real Estate Group
Ethos Mezzanine Partners and BluePeak Private Capital Fund have co-invested $31.5m in Grit Real Estate Income Group…
Boulben Withdraws From Race To Head French Telecom Firm
Verizon Chief Revenue Officer Frank Boulben has written to the board of Orange withdrawing from the race to head…
Stock Market Bearish Bet Boost Short Sellers Profit
Short sellers are reaping huge profits this year, as the stock market’s brutal bloodbath fuel their bearish bets.…
Poa Internet wraps up Africa50-led equity financing round
In 2020, Africa50, an infrastructure financier backed by the Africa Development Bank (AfDB) Group and a good number…
Nigeria’s Recorded $55.5bn Forex Inflow In Seven Months
The country recorded a foreign exchange inflow of $55.5bn in seven months, data obtained from the Central Bank of…
Crypto Market Loses $356bn In 24 Hours — And $1 Trillion In Two Months
The value of the cryptocurrency market stood at $1.61 trillion on Saturday, representing 11.8 percent decline over…
Tesla Countersue Bank For Seeking Windfall
Tesla Inc on Monday fought back against JPMorgan Chase & Co over a disputed bond contract, countersuing the…
Afreximbank Pan-African Payment And Settlement System (PAPSS) Explained
On the 28th of September, 2021, the Afreximbank in conjunction with the African Continental Free Trade Area…
Dangote Refinery And Fertiliser Projects To Kick Off Before September
Alhaji Aliko Dangote, President of Dangote Group, says the Dangote Refinery and Fertiliser projects will come on…
Non Fungible Token Marketplace “OpenSea” Lose Coin To Hackers
The world’s largest Non Fungible Token marketplace, OpenSea, has reportedly lost 332 Etherium to hackers on Monday.…
Nigerian Breweries List Additional Shares
Additional 78,929,849 ordinary shares of 50 kobo each of Nigerian Breweries Plc (Nigerian Breweries or the Company)…
Adiwale takes minority stake in West Africa drilling services company
Adiwale Partners, a private equity firm focused on Francophone West Africa, picked up a minority stake in…
Toshiba Halts Operations At Chip Plant After Quake
Toshiba Corp said on Monday that it had suspended operations at a plant in Oita, southern Japan that makes…
China Regulator Calls To Protect Minors Against Pornography
China's State Administration for Market Regulation has called to strengthen protection of minors against food…
Nigeria: Eko Electricity Distribution Company Appoints New Chairman
The Eko Electricity Distribution Company (EKEDC) has announced the appointment of Oritsedere Otubu as its new…
QED Investors Hires Two Investment Professionals To Boost Africa Plans
QED an investment firm based in Alexandra, Virginia in the United States of America announced that it has recruited…
Nigeria Stock Exchange Investors Gain N840bn In A Week
Investors in the Nigerian stock market saw the worth of their shares rise by N840bn last week as 47 firms recorded…
World Bank And African Development Bank Approved The Sum Of $2.83Bn To Nigeria In…
The World Bank and the African Development Bank approved a total sum of $2.83bn to Nigeria in 2021, It has been…