Finland’s Nokia Wins 5G Order For Three European Markets
Finnish telecom gear maker Nokia (NOKIA.HE) said on Monday it had won a 5G network order from A1 Telekom Austria…
Ethiopia To Build Local Rival To Facebook, Other Platforms
Ethiopia has begun developing its own social media platform to rival Facebook (FB.O), Twitter (TWTR.N) and…
Bitcoin Price Rises Past $50,000, Rebound Slows
Bitcoin's price surged past $50,000 on Monday for the first time since May, although its rebound from a months-long…
S&P 500, Nasdaq Scale New Peaks On Tech, Oil Boost
Energy and technology stocks powered the S&P 500 and the Nasdaq to record highs on Monday as investors…
Shareholder Payouts To Hit $1.4 Trillion in 2021, Nearing Pre-Pandemic Levels,…
Company payouts to shareholders are projected to hit $1.39 trillion in 2021, just 3% below their pre-pandemic peak,…
Millennials And GenZs Are Driving The Adoption And Penetration Of Digital Banking…
The banking world has gone through exciting transitions—from the days of taking tallies and manual filings to…
Elon Musk Says Tesla’s Robot Will Make Physical Work A ‘Choice’
After dominating the electric vehicle market and throwing his hat into the billionaire space race, Tesla boss Elon…
Octopus Ventures Leads Investors Backing Pngme’s Series A
Unbundling financial data through APIs and driving data-driven insights with value-add products in Africa keeps…
Nigeria: External Reserves Lose Momentum After July Rally
Nigeria’s external reserves could be heading toward the mid-July trough as it fail to sustain the momentum it…
Nigeria: Federal Government To Partner Stockbrokers For Double Digit Economic…
The Federal Government also reiterated its resolve to put an end to insecurity which has significantly dampened…
Nigeria: International VCs and family offices back Alerzo’s Series A
The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. In fact,…
Nigeria: Fuel Price Remains Until FG, Labour End Negotiations
The Petroleum Products Pricing Regulatory Agency on Sunday said the Petroleum Industry Act had signaled the full…
Treasury Yields Start The Week Higher With Key Fed Policy Event In Focus
U.S. Treasury yields rose on Monday morning, with investors focusing on the Federal Reserve’s annual central…
IFC Provides Financing For Ghanaian Radiology Firm
International Finance Corporation is providing financing to support the construction of new medical diagnostic…
Nigeria: Capital Market Must Strengthened to Drive Production, Create Employment
The Director-General of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda has expressed the need for…
Nigeria: Experts seek revival of initial public offerings
Participants at the just-concluded 2021 National workshop of the Chartered Institute of Stockbrokers (CIS) have…
Nigeria: Shareholders Disagree With Securities and Exchange Commission (SEC) Over…
Shareholders of quoted companies in the country have disagreed with Securities and Exchange Commission (SEC) on the…
PayPal Launches Its Cryptocurrency Service In The UK
PayPal is launching its cryptocurrency service in the U.K. The U.S. online payments giant said Monday it would…
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…