Nigeria: Troubles Ahead, Experts Warn As Debt Servicing Gulps 91% Of Revenue
The Federal Government spent N2.02tn on debt servicing in the first six months of this year.
This figure…
Nigeria: NNPC Records N287bn As 2020 PAT
President Muhammadu Buhari, has announced a N287 billion profit after tax for the Nigerian National Petroleum…
Nigeria:Stock Market Rebounds As Capitalisation Rises By N15 Billion
As price gains outweighed losses, transactions on the equities sector of the Nigerian Exchange Limited (NGX) closed…
As China Tightens Data Rules, Xpeng Says It’s On The ‘Right Side’ Of Regulation
Xpeng’s president says the Chinese electric vehicle maker is on the “right side of the regulation,” as Chinese…
In Major Policy Change, Apple Will Allow Developers To Email Customers About…
Apple will allow app developers to email their users about non-Apple purchase options, in a major change to App…
Education Department Will Cancel Student Debt For 115,000 Borrowers
The U.S. Department of Education announced Thursday it will cancel $1.1 billion in student debt for 115,000…
This 12-year-old Coder Is Set To Earn Over $400,000 After About 2 Months Selling…
Benyamin Ahmed isn’t your average 12-year-old.
When he’s not at school, he enjoys swimming, taekwondo — and…
Nigeria’s Economy Grows 5% In Q2 2021 — Strongest Since 2014
Nigeria’s gross domestic product (GDP) increased by 5.01 percent in the second quarter of 2021 — strongest growth…
China’s Regulatory Crackdowns Are Already Hurting The Economy
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China’s…
U.K. Labor Shortage Leaves Consumer Businesses Gloomy, CBI Says
Britain’s consumer-facing companies including bars and restaurants turned pessimistic about the outlook in August…
Oil Rally Ends Amid COVID-19 Concerns, Returning Supply
Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19…
CBN To Raise $2bn For Girl Child Education Towards SDG4
The Central Bank of Nigeria CBN, has pledged to raise over $2 billion to increase and improve girl child education…
World Remit Raises $292m, Rebrands As Zepz
Digital Money Transfer firm, World Remit, now Zeps has has announced that it raised $292 million in new primary…
Oil Steadies After Three-Day Rally With U.S. Stockpiles Falling
Oil steadied after the biggest three-day gain since March with falling U.S. crude and fuel stockpiles adding some…
NNPC Pegs 2022 Base Oil Price At $57/Barrel
The Nigerian National Petroleum Corporation on Wednesday provided a base crude oil price scenario in the medium…
Nigeria’s Real GDP Grew By 5.01% YoY In Q2 2021 From 0.51% In Q1 2021
Nigeria's Gross Domestic Product (GDP) grew by 5.01%(year-on-year) in real terms in the second quarter of 2021,…
London Tech Firms Struggle To Hire As Silicon Valley Giants Scale Up In The City
Technology firms in London are finding it increasingly difficult to recruit tech workers as Silicon Valley tech…
Telecoms: Nigeria’s Data Usage Rises By 202% In Three Years
Data usage in Nigeria surged by 202.08 per cent in three years, according to data from the Nigerian Communications…
Nigeria: Importation Of Petroleum Products Will Soon Be Over
Nigerian National Petroleum Corporation (NNPC), yesterday, assured Nigerians that the importation of petroleum…
Nigeria: Stakeholders Proffer Solution To Better Intra-African Trade
As Africa gears toward the implementation of the African Continental Free Trade Area (AfCFTA) agreement,…
Nigeria: CBN Threatens Prosecution Of Forex Policy Defaulters
Banks have warned that defaulters of the new foreign exchange policy may face criminal prosecution by the Central…
Nigeria: At N513m, Securities Lending On NGX Hits Historical Record
The Nigerian Exchange (NGX) Limited has disclosed that value of Securities Lending market increased to…
European Stocks Set To Retreat As Global Markets Subdued Ahead Of Fed Symposium
European shares are set to pull back Thursday, with global markets striking a cautious tone as U.S. Federal…
Xiaomi Acquires Autonomous Driving Firm As It Looks To Boost Nascent Electric…
Chinese electronics giant Xiaomi has acquired an autonomous driving start-up, jumping into an extremely competitive…
China’s After-School Crackdown Wipes Out Many Jobs Overnight
For hundreds of thousands of Chinese people, Beijing’s crackdown on after-school tutoring this summer means…
Microsoft Hires Former Amazon Cloud Executive Charlie Bell
Microsoft has hired Amazon cloud executive Charlie Bell as a corporate vice president, CNBC has confirmed.
The…
Australia’s Qantas Hopes To Resume International Flights By Christmas, CEO says
Australian carrier Qantas expects international flights to the U.S., the U.K. and parts of Asia to resume by…
South Korea Hikes Interest Rates, The First Developed Economy To Do So In Pandemic…
South Korea’s central bank raised interest rates on Thursday in a decision that was expected as financial risks…
S&P 500, Nasdaq Notch All-Time Closing Highs Ahead Of Jackson Hole
Wall Street gained ground again on Wednesday, with chipmakers and financials helping to push the S&P 500 and…
U.S. Near Deal For Nvidia Supercomputer As It Waits For Delayed Intel Machine…
The U.S. Department of Energy is nearing a deal to purchase a supercomputer made with chips from Nvidia Corp …