Nigeria: Oasis Capital Strikes Twin Investments In Ivory Coast
Oasis Capital Ghana, which invests in small and medium enterprises across Ghana and Cote d’Ivoire via Oasis Africa…
European Markets Climb, Looking To Bounce Back From Worst Week Since February
The pan-European Stoxx 600 added 0.7% in early trade, with autos climbing 1.5% to lead gains as all sectors and…
Nigeria: Honeywell, Transcorp Dominate Stock Market Activities
The financial services industry dominated, in volume terms, last week’s transactions at the…
Bitcoin Volatility Will Drive Investors Back To Gold, Says Mining Firm Chairman
Wild swings in cryptocurrencies will eventually drive bitcoin investors to return to gold, says the executive…
T-Mobile Breach Hits 53 Million Customers As Probe Finds Wider Impact
T-Mobile US Inc (TMUS.O) said on Friday an ongoing investigation into a data breach revealed that hackers accessed…
‘Twilight’ Investor Sentenced To Five Years Prison In Fraud Case
A technology entrepreneur who invested in the studio behind the "Twilight" films was sentenced to five years in…
China’s SenseTime Says Daily Users Of Its Augmented Reality Tech Number 100…
China's SenseTime, which sells augmented reality technology to other companies, has seen global daily active users…
Nvidia’s $40 Bln Deal For ARM Dealt Blow By UK Regulator
Nvidia Corp's (NVDA.O) planned $40 billion acquisition of British chip designer ARM hit a major hurdle on Friday…
Fed Chair Powell To Speak On ‘Economic Outlook’ Next Week
Federal Reserve Chair Jerome Powell will speak on "the economic outlook" at next week's Jackson Hole, Wyoming…
Microsoft Invests $5 Mln In SoftBank-Backed Oyo
Microsoft Corp (MSFT.O) has invested $5 million in SoftBank-backed Oyo, according to a regulatory filing, ahead of…
Deere Lifts 2021 Forecast On Solid Demand For Farm, Construction Equipment
Deere & Co (DE.N) on Friday raised its full-year earnings forecast after quarterly profit topped Wall Street…
EFCC Asks Banks To Report Fraudulent Election Financing, Forex Malpractices
Abdulrasheed Bawa, chairman of the Economic and Financial Crimes Commission (EFCC), has asked banks to collaborate…
Customs Illegally Engaging Soldiers For Operations — Senator
Senator Francis Fadahunsi, has disclosed that officials of the Nigerian Customs Service, NCS, going out on field…
30% Frontier Exploration Not From NNPC Profit… Energy Analyst Clarifies Five…
The signing into law of the Petroleum Industry Bill (PIB) by President Muhammadu Buhari has continued to elicit…
Digital Economy: MDAs Generate N1.054tr
The Federal Ministry of Communications and Digital Economy and its departments and agencies have…
Oil Steadies But Set To Slump For The Week On Delta Anxiety
Oil prices came off three-month lows on Friday but were on track for a weekly decline of around 6% as new lockdowns…
‘Lack Of Converted Gas Vehicles Might Undermine NGEP’
Without an active conversion industry for vehicles and other machinery, the core mandate of the Nigerian…
Oil Up, But Set For Weekly Decline As COVID-19 Continues To Restrict Fuel Demand
Oil was up Friday morning in Asia, climbing up from three-month lows. However, the black liquid was set…
Twitter Agrees To Seven Out Of Ten Demands – Nigerian Govt
The Federal Government says from the 10 demands put forward to lift Twitter suspension, the microblogging and…
Nigeria: 20 Years On: Telcos Attain 297m Phone Lines, Fail On Financial Inclusion,…
Despite opportunities the telecommunications revolutions have offered the country this 20 years,…
US Dollar Surrenders Gains Despite FOMC Minutes Taper Talk
EUR/USD rebounds and USD/JPY pivots lower. This follows the release of FOMC minutes just now, which seems to have…
Canadian Dollar Slumps To 6-Month Low As Risk Aversion Climbs
The Canadian dollar fell on Thursday for a fourth day against its broadly stronger U.S.
counterpart, as investors…
Internet Of Things (IOT) Adoption Rising Across Industries In Nigeria, Says Expert
The number of companies across the different sectors of the Nigerian economy adopting emerging technologies like…
Nigerian Currency Depreciates Further To N520/$1
The Naira weakened for a second trading session at the unregulated segment of the foreign exchange (forex) market…
Lawmakers Fume Over FG’s Plan To Borrow N5.62tn, Tackle MDAs Hiding Revenue
The House of Representatives yesterday expressed displeasure over the way some Ministries, Departments and Agencies…
Stop Borrowing Dollars, Borrow Sense: Naira On Its Way To A Thousand To A Dollar
Suddenly the naira shot through to five hundred and twenty five to the dollar at the unencumbered parallel market…
Pounds Falls To One-Month Low As Edgy Investors Buy Dollars
Sterling touched a new one-month low against a robust dollar on Friday and also slipped to a one-month low against…
Kyari Urges Greenfield Refinery To End Product Importation
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has…
Facebook Launches VR Remote Work App
Facebook on Thursday launched a test of a new virtual-reality remote work app where users of the company’s Oculus…
Shippers Going Bankrupt, Unable To Repay Loans’
President, Shippers Association of Lagos (SAL), Rev. Jonathan Nicol has said that Nigerian shippers are going…