Airtel Africa’s Shares Hit All-Time High On NGX After Asset Sale In Tanzania
The shares of Airtel Africa hit an all-time high price of N1,050.50 on Wednesday, gaining a maximum of 10 percent.…
Nigeria: Coke, Fanta Prices To Increase As FG Imposes N10/Litre Excise Duty On…
The federal government has introduced an excise duty of N10 per litre on all non-alcoholic, carbonated and…
Nigeria: Fed Govt Set To Reduce Workforce
The Federal Government is set to reduce its workforce.
It is designing what it calls an exit package for…
Japan’s Nikkei 225 Drops Nearly 3% As Asia-Pacific Markets Largely Fall
Shares in Asia-Pacific declined on Thursday following losses overnight that saw the Dow Jones Industrial Average…
Grammy Awards Postponed Indefinitely Amid Omicron-Fueled Covid Surge
The 64th annual Grammy Awards show has been postponed indefinitely amid a resurgence of Covid cases, fueled by the…
Nike Sues Lululemon Over Mirror Home Gym
Nike on Wednesday filed a lawsuit accusing Lululemon Athletica of patent infringement for making and selling the…
Meta Sets Out Grounds For UK Appeal On Giphy
Facebook-owner Meta has applied to appeal a British competition watchdog ruling that it must sell Giphy on grounds…
Tencent’s WeChat Mini Daily Users In China Grew 13% To 450 Million Last Year
Tencent Holdings' (0700.HK) Weixin, China's dominant messaging app which is known as WeChat outside the country,…
AMCON lists 7,912 names owing N4.4tn as deadline expires today
The Asset Management Corporation of Nigeria is set to publish names of Loan debtors owing it a total of N4.4tn.…
US aviation, telecom groups agree on 5G data sharing
Aviation and telecom groups in the United States have said they will share data to help resolve safety concerns…
Foreshore Waters Secures N2.4bn BOI Facility
Foreshore Waters Limited has secured a N2.4 billion loan facility from the Bank of Industry to support the…
Toyota Will Not Compromise Quality, Says TNL
Toyota Nigeria says it will not compromise on quality of vehicles, spare parts and after-sale services.
It noted…
Review forex ban on 40 items to save naira, economists tell CBN
The Centre for the Promotion of Private Enterprise, has advised the Central Bank of Nigeria to review its ban on…
U.S. SEC charges Medallion taxicab lender with fraud, shares tumble
The U.S. Securities and Exchange Commission charged Medallion Financial Corp and its president with fraud.
They…
Asset Sales To Dominate Nigeria’s Oil Sector, Says Analyst
Nigeria is likely to contend with a gale of divestments by international oil companies, According to the global…
Nigeria: We’ll partner govt to reduce unmetered customers – IBEDC
Ibadan Electricity Distribution Company Plc has re-inaugurated the Meter Asset Provider Scheme efforts to enhance…
With 50% Increase, Oil Price Records Biggest Annual Gain Since 2009
Oil prices fell at the weekend but still posted the biggest annual gains since 2009, spurred by the global economic…
Tencent Raises $3 Bln By Trimming Stake In Shoppee-Owner Sea
Chinese gaming and social media company Tencent Holdings Ltd (0700.HK) has raised $3 billion by selling 14.5…
China’s Market Regulator Fines Alibaba, Tencent For Failing To Report Deals
China's top market regulator said on Wednesday it has fined units of Alibaba Group Holding Ltd (9988.HK), Tencent…
Foxconn India iPhone Plant Extends Closure, Workers’ Hostels Inspected…
A Foxconn iPhone factory in India at the center of a mass food-poisoning incident will extend a week closure by…
BREAKING: Buhari Appoints Doyin Salami Chief Economic Adviser
President Muhammadu Buhari has appointed Dr Doyin Salami as his Chief Economic Adviser.
This was disclosed by…
Turkish Lira Slips As Inflation Seen Soaring Higher
The lira slid as much as 4% against the dollar on Tuesday as Turkey girded for inflation to rise further after…
Sonny Odogwu, Access Bank And N50 Billion Debt
Many years ago, I sat in the office of a big man who shall remain nameless- and he expressed serious concerns about…
Dubai’s Global Ventures Close To Raising $100 Mln Target For Second Fund
Dubai-based Global Ventures is close to meeting a $100 million target for its new fund after attracting investments…
Alitheia IDF Hits Target With Gender-Lens Fund’s Final Close
The management of Alitheia IDF (AIF), Africa’s women-led and women-focused private equity fund. It announced the…
China Central Bank Launches Digital Yuan Wallet Apps For Android, iOS
China has released pilot versions of its digital yuan wallet application on mobile phone app stores as the…
South African Court Asks Shell To Stop Seismic Survey
South Africa court has ordered Shell to halt a seismic campaign off the Wild Coast, in the nation’s Eastern Cape…
Apple Makes History, Hits $3trn Market Capitalisation
Apple Inc. yesterday became the first company with a $3 trillion stock market value. Lifted by investors’…
We Paid Out Over N240bn To Customers In 2021 – PiggyVest
PiggyVest, a savings and investment platform, says over N242 billion was paid to 3.5 million customers in 2021.…
Norrenberger Enters Pension And Insurance Markets With Acquisition Of 100% Stake…
Norrenberger Advisory Partners Limited has acquired a 100 per cent equity interest in International Energy…