Malaysia Stock Drops After Government Announcement Of One Off Windfall Tax
Malaysia stocks fell on Monday as the government announced a one-off “windfall” tax on companies to raise revenue…
Federal High Court Orders Temporal Forfeiture Of Houses, Cars Linked To Invictus…
A federal high court in Lagos has ordered the interim forfeiture of houses and cars linked to Obinwanne Okeke,…
Xpeng Hong Kong Shares Soar High After Delivery Of More Than 10,000 Cars
Xpeng said it delivered more than 10,000 cars in October, sending its Hong Kong shares higher on Monday
The…
BOE Rate Hike Hinges On The Views Of Two Quiet Deputy Governors
The fate of a potential Bank of England interest increase rate on Thursday could lie in the hands of two deputy…
ARCH EM’s Cold Chain Solutions Fund Lands Another LP
The Board of Directors of the African Development Bank has approved an equity investment of $10 million in the ARCH…
China Applies To Join DEPA
China has applied to join the Digital Economy Partnership Agreement (DEPA) on Monday, the commerce ministry said.…
Sega Says It’s Exploring A Strategic Alliance With Microsoft
Sega Sammy Holdings on Monday said it is exploring a strategic alliance with Microsoft to develop big budget…
Investor Group Partners For Sustainable Finance Facility For Greenlight
Standard Bank Group, Citi, CDC Group Plc and Norfund have teamed up to provide a $75 million equivalent Kenyan…
TLcom And 4DX Ventures Make Follow-On Deal For Autochek
Autochek, the automotive technology company facilitating auto financing across Africa, has today secured $13.1mn in…
Pearl Capital Backs Poultry Business With Mix Of Equity And Debt
Yield Uganda Investment Fund, an agribusiness impact vehicle managed by Pearl Capital Partners, has struck its…
Price Of Domestic Fuel Is Indexed To International Pricing Model: Nigeria LNG
Following worries over the hike in the price of cooking gas, the Nigeria LNG has explained that the price of the…
#880 Billion Missing From 367 Ministries, SERAP File Lawsuit Against Nigeria…
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari…
National Identification Number Registration Have Extended Till December
The federal government has again extended the ongoing national identification number (NIN) and subscriber identity…
Johnson And Johnson Accrued $800 Million Legal Expenses In Q3
Johnson & Johnson said it has settled most of the lawsuits it faced by thousands of men who claimed its…
Saudi Arabia Oil Giant “Aramco” Record 158% Increase In Q3
Saudi Arabia’s oil giant Aramco has posted a 158% increase in third quarter net income to $30.4 billion, as the…
American Airlines Canceled Over 1400 Flight , Plan To Increase Staffing
American Airlines said on Saturday it has canceled more than 1,400 flights over the weekend due to staff shortages…
New EXEO Platform Buys Minority Stake In Artisanal Cheese Business
African mid-market private equity firm EXEO Capital has struck its second deal this year and the third over the…
Zenith Bank Profit Before Tax Gain 1 Percent
Zenith Bank Plc has reported a one per cent increase in its profit before tax to N180bn in the nine months ended…
Deposit Money Banks To Deduct Loan From Debtors Account
The Deposit Money Banks are recovering debts owed by chronic debtors from their accounts in other banks to curb the…
CBN: Credit To Private Sector Reached N33.84trn In September
The Banking sector credit to the private sector increased month-on-month (M-o-M) by N425.9 billion to N33.84…
Facebook Name Change To Meta In Embrace Of Virtual Reality
Facebook’s name change is the most definitive signal so far of the company’s intention to stake its future on a new…
Nigeria’s Presidential Clinic To Gulp N21bn – State House Perm Sec, Tijjani
The Permanent Secretary, State House, Malam Umar Tijjani, has revealed that the proposed 14-bed Presidential…
Euro Hovers Ahead Of ECB Meeting, Yen Looks Past BOJ Doves
The euro dipped below $1.16 ahead of the European Central Bank meeting on Thursday as investors wait to hear…
Imagine Global Couple Are Citizens: Antiguan Authorities
Antiguan authorities have confirmed that the Nigerian couples who are wanted for a multibillion Naira investment…
Net Foreign Exchange Flow Increased By $0.7 Billion In July
Net foreign exchange (FX) flow through the Nigerian economy increased to US$3.08 billion in July 2021 from US$2.38…
Facebook Is Rebranding, Changes Name To Meta
Facebook has changed its name to Meta as part of a major rebrand.
The company, which announced the change at its…
Meta Material Share Spike After Facebook Change Of Name To Meta
Meta Materials spiked late on Thursday, for the same reason that Zoom Technologies rallied in 2019 and Signal…
Federal Government Launch Made In Nigeria Barite
The Federal Government, on Thursday, launched the made-in-Nigeria barite, saying it would save the country the…
Diesel Landing Cost Has increased To N336.45 Per Litre: Oil Marketers Association…
The pump price of Automotive Gas Oil, also known as diesel, may rise further as the Major Oil Marketers Association…
Panic As Bitcoin Crashes, Wiping Millions Of Pounds In Cryptocurrency Markets
Bitcoin’s price has crashed yet again, wiping hundreds of millions of pounds from cryptocurrency markets and…