How Roblox, A Video Game Platform For Kids, Became A $30 Billion Company
More than half of the children in the United States play video games on Roblox.
In fact, the massively popular…
Energy Prices Jump As Millions Left Without Power In Texas
Energy prices jumped Tuesday as a deep freeze in the South boosted demand for fuel and hampered production.…
UK Watchdog To Rule On $9.5 Billion Asda Takeover By April 20
The UK competition regulator has set an April 20 deadline for a decision on the acquisition of supermarket chain…
What savers do with $2.4 trillion will define the recovery
Wall Street is expecting the economy to come roaring back to life in the second half of this year. But there's…
Uncompleted Projects: Senate Chides DPR For Paying N1.8bn
The Senate Committee on Ethics, Privileges and Public Petitions has faulted the alleged payment of N1.8bn by the…
Petrol Subsidy May Hit N11.2bn Per Week
The subsidy on Premium Motor Spirit, popularly known as petrol, may have gulped at least N11.20bn in one week as…
Why Petrol Price May Continue To Increase – Retailers
The Petroleum Product Retail Outlet Owners Association of Nigeria (PETROAN) has insisted that the price of petrol…
The Nigerian Banking Sector Lost N5bn To Fraud In Nine Months, Says NIBSS
The Nigeria Inter-Bank Settlement System Plc has said that more than N5bn was lost as a result of fraud in the…
US Oil Rises Above $60 As Texas Gets Pummeled With Ice And Snow
Oil is back, thanks to a strange brew of vaccines, economic optimism and a wintry mix in the Deep South.
A…
He Says Fidelity Wouldn’t Let Him Sell During Reddit Mayhem, Costing Him…
Robinhood is in hot water for banning investors from buying GameStop during part of last month's Reddit-driven…
Baby Monitor Maker Owlet Hatches $1.4 Billion Blank-Check Deal To Go Public
Owlet Baby Care Inc, a maker of baby monitoring devices, will go public through a merger with a blank-check firm…
Goldman Sachs To Launch Digital Investment Platform In Marcus Push
Goldman Sachs Group Inc is launching a digital wealth-management platform that allocates and rebalances customers’…
UK Watchdog Voices Concern Over $9.2 Billion Ebay-Adevinta Deal
Britain’s competition watchdog on Tuesday raised concerns over Adevinta’s planned acquisition of U.S. e-commerce…
Going All-In? Investors’ Cash Levels Dip To 2013 Pre-Taper-Tantrum Levels
Cash levels in investment portfolios have hit the lowest since just before the so-called taper tantrum of 2013,…
Global Shares Hit Record High On COVID Recovery Bet
Global shares hit record highs on Tuesday and were on track for their longest winning streak in 17 years as…
U.S. Oil Prices Climb On Texas Cold Snap, Brent Stable
Oil prices hovered near 13-month highs on Tuesday on the back of a cold snap shutting wells in Texas, the the…
Toyota To Suspend Output From Nine Factories In Japan Due To Quake
Toyota Motor Corp said on Tuesday it will temporarily suspend vehicle production on 14 lines at nine group…
German Investor Morale Surges On Shopping Spree Expectations
Investor morale in Germany rose beyond even the most optimistic forecast in February on expectations consumption…
Bristol-Myers, Sanofi ordered to pay Hawaii $834 Million Over Plavix Warning Label
A judge in Hawaii on Monday ordered Bristol-Myers Squibb Co and Sanofi SA to pay more than $834 million to the…
33 Million Nigerians On YouTube, WhatsApp, Others
Thirty-three million Nigerians are active on social media, with the most used social media platforms being…
Low Investment In Oil, Gas May Pose Future Challenge
The outbreak of COVID-19 pandemic set the oil and gas industry on a tail spin. Major oil consumer, China, shut down…
Victorious Okonjo-Iweala Pledges To Rebrand, Reform WTO As DG
Deji Elumoye, Chuks Okocha, James Emejo, Udora Orizu in Abuja, Obinna Chima and Dike Onwuamaeze in Lagos
With…
Stock Market Reopens Upbeat As Index Rises By 0.33 Percent
Following price gains recorded by most bluechip stocks, transactions on the Nigerian Stock Exchange (NSE) reopened…
FX Rigging May Have Spread To 200 Chat Rooms, Lawyer Says
Traders may have used as many as 200 online chat rooms to rig foreign exchange rates, far more than previously…
Nigeria’s Inflation Hits 16.47% As Food Prices Soar To Record High
Nigeria’s inflation rate rose to 16.47% (year-on-year) in January 2021 as against 15.75%…
Amazon Says To Make TV Streaming Device In India
Amazon.com Inc will start making its TV streaming device in India this year via a unit of Taiwanese contract…
BOJ’s Kuroda Says No Plan To ‘Permanently Reduce’ ETF Buying,…
Japan’s central bank has no plans to “permanently reduce” its purchases of exchange-traded funds (ETF), its…
Brent Oil Holds Above $63 With Cold Snap Disrupting U.S. Supply
Brent oil held gains in Asia after closing at the highest level in more than a year as electricity blackouts caused…
Shell Files Int’l Arbitration Against Nigeria Over Oil Spill Case
Royal Dutch Shell has initiated international arbitration against Nigeria over a dispute regarding an oil spill…
Central Bank Of Nigeria Sets 15 Months For N21.3b National Theatre Remodelling
The N21.3 billion National Arts Theatre remodelling will be completed in the next 15 months, Central Bank of…