European Union And German Agency Provide Financial Support To Nigeria Government
The European Union and the German Agency for International Cooperation on Thursday provided additional £15m as…
Google And DeepMind Are Facing Legal Action
Alphabet’s Google and sister firm DeepMind are facing legal action for the way in which they obtained and processed…
OYO To Issue New Shares Worth $1.16 Billion
Indian hotel chain Oyo is planning to raise about 84.3 billion rupees ($1.16 billion) in an initial public…
U.S. Fintech Start-up “Upgrade” Is Set To Join Buy Now Pay Later Market
U.S. fintech start-up Upgrade is set to enter the increasingly crowded buy now, pay later market.
Upgrade, which…
Lower-Income Countries Should Avoid High Interest Rate Financing : World Bank
The World Bank Group has called on lower-income countries to prioritise concessional financing and avoid the high…
Nigeria Debt Hit N35 Trillion
Nigeria spent N445.4bn on debt servicing payments in the second quarter of this year, the latest data obtained from…
E-Naira Won’t Launch On Independence Day: CBN
The Central Bank of Nigeria on Thursday announced the postponement of the planned unveiling of the country’s…
Visa Set To Launch Universal Payment Channel
Visa has said it is working on an interoperability system that would work across different blockchain networks and…
Nigerians Can Now Access Twitter Without VPN
President Muhammadu Buhari has announced that the suspension on Twitter’s operation in Nigeria has been lifted.…
NNPC Incorporation Have Been Completed: Corporate Affairs Commission
The Corporate Affairs Commission (CAC) on Wednesday, said that it has completed the incorporation of Nigerian…
NGX Market Capitalization Gains N382.06 Billion
At the end of Wednesday trading session, the Nigerian Exchange market closed positive amidst sell-offs and…
U.S. Stock Index Futures Rose, Tech Stocks Dipped
U.S. stock index futures rose during early morning trading on Thursday, after tech stocks dipped again as investors…
China International Marine Containers Acquire Danish Shipping Giant “Maersk”
Danish shipping giant, AP Moller-Maersk, will bank close to $1bn after agreeing a sale of its refrigerated…
Shell Nigeria Donates Subsea Training Facilities To University Of Port-Harcourt
Shell Nigeria Exploration Company Limited has announced that it had donated subsea training facilities worth over…
Google Is Redesigning Dominant Search Engine
Google is redesigning its dominant search engine, and users may find that future results keep them on Google’s own…
OPEC Annual Statistical Bulletin Shows Drop In Nigeria Oil Reserve
The 2021 Annual Statistical Bulletin of the Organisation of Petroleum Exporting Countries released on Wednesday…
Hong Kong Stocks Fall By Nearly 1%
Shares in Asia-Pacific traded mixed on Thursday, as investors reacted to the release of Chinese factory activity…
Local Chinese Government Halt Factory Production
Abrupt power cuts in parts of China are pushing some foreign companies to invest in other countries instead.
In…
YouTube Strengthen Its Policies On Misinformation Around Vaccines
Google-owned YouTube banned prominent anti-vaccine accounts in an effort to strengthen its policies on…
Instagram Announce Pausing Of Instagram Kids
Instagram announced that it is pausing its planned version of the social media platform geared towards children…
Bank for International Settlements Says Digital Currencies Will Reduce The Cost Of…
The Bank for International Settlements has said digital currencies will reduce the cost of cross-border payments.…
Pan-African Payment and Settlement System Set To Boost Intra-African Trade
African Export-Import Bank (Afreximbank) and the African Continental Free Trade Area (AfCFTA)…
Honor Smartphone Notched A 15% Market Share In China
Honor, the smartphone brand Huawei spun off last year, is beginning to regain share in China’s fiercely competitive…
Critical Chip Machine Maker ASML Predicts Sales Boom To Last Over The Next Decade
ASML has raised its long-term outlook following a surge in demand for the semiconductors that its machines help to…
Knowledge Hub 365 Now Offering E-courses In Nigeria
Knowledge Hub 365, an enterprise training portal, has begun offering e-courses in Nigeria.
In a statement on…
Heifer Nigeria Appoint New Country Director
Heifer International has appointed Rufus Idris as its new Country Director for its Nigeria operations.
In a…
Mortgage Application Volume Fall By 1.1%
Higher interest rates took some recent wind out of the sails in the mortgage market.
After gains the previous…
House of Representatives Approves N4.89tn New Borrowings
The House of Representatives has passed the 2022–2024 Medium Term Expenditure Framework and Fiscal Strategy Paper…
Chinese Automaker Geely Holding Dive Into Smartphone Business
Chinese automaker Geely Holding is jumping into the smartphone business after its founder set up a new company.…
Naira Exchange At 414.83 To $1 Officially
The exchange rate between the naira and the US dollar closed at N414.83/$1, at the official Investors and Exporters…