Singapore-Based Shopee To Launch Online In Spain, Social Media Account
Shopee, the e-commerce arm of Southeast Asia’s Sea Ltd, plans to launch online sales in Spain via its website and…
Dutch Watchdog Finds Apple App Store Payment Rules Anti-Competitive – Sources
The Dutch antitrust authority has found that Apple’s rules requiring software developers to use its in-app payment system are anti-competitive…
TSMC And Sony Granting Joint Chip Factory, Japan Government To Assist -Nikkei
Taiwan’s TSMC and Japan’s Sony Group Corp are considering jointly building a chip factory in Japan, with the government ready to pay…
Europe’s Record Initial Public Offerings Year Has A Swindle In Its Tail
Europe’s record year for initial public offerings (IPOs) is threatening to come to a juddering halt as inflation fears and…
Stocks Slip Yet Holding Weekly Gain Ahead Of U.S. Jobs Data
European shares slipped on Friday but held most of the previous session’s gains as investors welcomed the U.S. Senate’s temporary…
California Was A Difficult Place: Elon Musk On Moving Company’s Headquater
Chief executive Elon Musk announced the move at the electric carmaker’s annual shareholders’ meeting in Austin. Mr Musk had fallen…
Nigeria Fintech Provider Attracted Over $1 Billion Investment In Six Years
The Nigerian financial technology providers, fintechs, have attracted at least $1 billion (about N410.82 billion) investments in six years. This…
Co-Impact To Give Grant For Promotion Of Gender Equality
Co-Impact has reiterated its commitment to raising and deploying $1 billion, through its Gender Fund, to initiatives working to advance…
Samsung Share Falls Due To Global Chip Shortage
Samsung Electronics shares failed to hold onto earlier gains on Friday after the company said its operating profit for the…
Nigeria Lose N103.92 Million From 2976 Hour Twitter Ban
The Nigerian government had on June 4 ordered the suspension of Twitter. Recently, the President, Major-General Muhammadu Buhari (retd.) said,…
Crypto Exchange Binance Says Ireland Is Part Of Its HQ Plans
Major cryptocurrency exchange Binance sees Ireland as part of its plans to establish a number of headquarters across the world,…
Tesla’s Gigafactory Electrifies California-Germany Culture Clash
With final approval for its German factory potentially just weeks away, Tesla. Elon Musk will make an appearance in the…
U.S. Lenders Expected To Report High Third Quarters Results, Iffy Loan Outlook
The largest U.S. lenders are expected to report moderately higher third-quarter profits next week as pandemic-related accounting adjustments that had…
We Haven’t Borrowed Beyond Sustainable Limit: Nigeria’s President
President Muhammadu has justified his quest for more financial borrowings, saying that the debt of the federal government was within…
China Forex Reserves Fall To Lowest Since April
China’s foreign exchange reserves fell almost 1% in September from the previous month, official data showed on Thursday, hitting their…
UK Online Grocer Ocado To Invest $13.6 Million In Driverless Technology Startup Wayve
British online grocer Ocado is investing 10 million pounds ($13.6 million) in self-driving technology startup Wayve and a partnership to…
Nigeria Total Pension Assets Have Risen To Over N13 Trillion: PenCom
National Pension Commission (PenCom) says the nation’s total pension assets have risen to over N13 trillion. Director-general of the pension…
International Airlines Plan Airfare Hike Of At Least $2.3bn (N950bn)
Airfare hikes by international airlines operating flights into Nigeria and other countries may be imminent as airport and air navigation…
Applovin Buys Twitter Mobile Advertising Network “MoPub”
Twitter on Wednesday announced the sale of its MoPub mobile advertising network to AppLovin, a game developer and ad-tech company,…
Bitcoin Hit Its Highest Level “$55,000” Since May 2021
Bitcoin just made a major comeback. The cryptocurrency rallied on Wednesday, topping $55,000 and hitting its highest level since mid-May.…
Nigeria E-Payment Rose By 6.37% In September
The value of e-payment transactions in Nigeria rose by 6.37 per cent to N24.08tn in September. This was according to…
World Bank Growth Projection Of Nigeria Economy Change From 1.8% To 2.4%
The World Bank has said Nigeria’s economy is projected to grow by2.4 per cent in 2021. This is an increase…
Rise In Global Oil Prices And Naira Depreciation Leads To Rise In Price Of Diesel
Fuel marketers have increased the price of Automotive Gas Oil, also known as diesel, to N320 per litre as the…
Nigeria Banks Begin Application Of E-Naira Features
Banks have started to onboard the e-Naira feature on their applications. In its latest update, the Guaranty Trust World app…
Amazon Receive Tax Break Of $650 Million From Local Governments Across U.S.
Amazon has been awarded a record amount of tax exemptions, grants and other incentives this year from local government across…
Consumption Of Premium Motor Spirit (PMS) Dipped By 132,301,071 Litres In August 2021
The Petroleum Products Pricing Regulatory Agency (PPPRA) report on Petroleum Products Supply in August yesterday indicated that the consumption of…
PMB: Nigeria’s President Writes Lawmakers Requesting 17.67% Increase Of Federal Government’s 2022 Projected Expenditure
Nigerian President Muhammadu Buhari has written to lawmakers seeking a 17.67 percent increase of the Federal Government’s projected expenditure in…
United Kingdom And Lagos State Government Formalise Partnership Programme
The Foreign, Commonwealth, and Development Office has partnered with the Lagos State Employment Trust Fund to launch a program targeted…
Nigeria Broadband Penetration Experienced Significant Increase In August
Broadband penetration in Nigeria increased by 1.21 percent from July to August. Data from the Nigerian Communications Commission (NCC) showed. Despite this…