U.S. Economy Contracted 19.2% During COVID-19 Pandemic Recession
The U.S. economy contracted at a record average annualized rate of 19.2% from its peak in the fourth quarter of…
Mastercard Profit Beats Estimates On Overall Spending Boost
Mastercard Inc (MA.N) reported a 36% rise in second-quarter profit on Thursday that comfortably beat estimates,…
Carlyle’s Second-Quarter Earnings Double On Asset Sales
U.S. buyout firm Carlyle Group Inc (CG.O) said on Thursday its second-quarter distributable earnings nearly…
NCC Introduces Devices To Tackle SIM-Related Crimes
The Nigerian Communications Commission (NCC) has instituted a Device Management System (DMS) to tackle SIM boxing…
Unique NIN Enrolments Hit 59.8m With Average Of Three SIMs
The total number of unique National Identity Number (NIN) that has been verified across networks in…
Google Parent Alphabet Profit Soars As Ads Surge
“There was a rising tide of online activity in many parts of the world, and we’re proud that our services helped so…
TIME Announces Flutterwave On 2021 Influential Lists
Nigerian based Fintech Company; Flutterwave has been listed as one of the 2021 TIME100 Most Influential companies…
Oil Prices Slip But Remain Near $75 After Large Inventory Drawdown
Oil prices slipped but remained near $75 per barrel on Thursday as crude stockpiles in the United States, the…
Canadian Pipeline Operator TC Energy To Switch To Green Power To Run North…
Canadian pipeline operator TC Energy Corp (TRP.TO) could spend billions of dollars on its plans to lower…
‘How Nigeria Can Leverage Nanotechnology For Development’
The Minister of Science and Technology, Dr. Ogbonnaya Onu and the Chairman of Oilserv, Emeka Okwuosa have said…
Shoprite Out, Pick ‘N Pay in – The Nigeria Strategy For S.A’s 2nd Largest Retailer
At the beginning of the month, the Shoprite Group announced the completion of their exit from Nigeria after a few…
What Would It Take For Nigeria, Others To Manufacture Vaccines?
The rising concerns about global vaccine inequality have raised a critical question about the ability of many…
Power Grid Collapses Again Amid Lack Of Backup Capacity
The national power grid has suffered another system collapse, worsening the blackout being experienced by…
Investors Lose N5.80bn As 24 Firms Suffer Decline
Investors in the Nigerian Exchange Limited lost N5.80bn as 24 firms saw their share prices decline at the close of…
Samsung Electronics Sees Strong Chip Demand, Mobile Recovery As Q2 Profit Jumps
Samsung Electronics Co Ltd (005930.KS) on Thursday forecast strong demand for memory chips in the second half and a…
Sydney Posts Record Daily Rise In COVID-19 Cases, Seeks Military Help
Australia's biggest city Sydney posted a record one-day rise in local COVID-19 cases on Thursday and warned the…
Naira Now Exchange At 522/$1 As Central Bank Of Nigeria Discontinued The Sale Of…
The naira has dropped to N522 to a dollar at the parallel market as the Central Bank of Nigeria (CBN) discontinued…
AMCON Takes Over NICON
The Asset Management Company of Nigeria, AMCON, has effectively taken over National Insurance Corporation of…
Nigeria Coronavirus Infections Jump To Highest Level Since March
(Bloomberg) -- Coronavirus infections in Nigeria surged to the highest level in almost five months as a third wave…
TECH Binance CEO Changpeng Zhao Says He’s Willing To Step Down As World’s Biggest…
The boss of cryptocurrency exchange Binance says he’s willing to step down from his role as the company seeks to…
Facebook Will Restrict Ad Targeting Of Under-18s
Facebook Inc (FB.O) will stop allowing advertisers to target people under 18 on its platforms based on their…
IMF Retains 2.5% Economic Growth Projection For Nigeria
The International Monetary und, IMF, has retained its 2.5 per cent projection for Nigeria’s economic growth in…
‘Private Sector Aids 60% Illicit Financial Flows From Africa’
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji…
Experts Blame COVID-19 As States’ IGRs Shrink By 22% In Two Years
The aggregate internally generated revenue of the 36 states in the country and the Federal Capital Territory…
NGX Set To Drive Listings, Technology, Investor Participation
The Chief Executive Officer, Nigerian Exchange (NGX) Limited, Mr. Temi Popoola has said it aimed to drive listings…
Champion Breweries Gains N1.5 Billion In Market Value, p 9%
At the end of today’s trading session, Champion Breweries Plc recorded gains of 9.00% which can be attributed to…
Bears Resurface On NGX, Indices Down By 0.12%
Sentiments on the domestic bourse turned negative on Tuesday to halt the five consecutive days of gains, as the…
Nigeria’s Capital Importation Fell To $875.62m In Q2
The total value of capital importation into Nigeria declined to $875.62m in the second quarter of 2021 from $1.91bn…
Oil Rises On United State Fuel Drawdowns Despite Surging Coronavirus Cases
Oil prices climbed on Wednesday after industry data showed U.S. crude and product inventories fell more sharply…
UK Poised To End Amber List Quarantine For People Vaccinated In US And EU
Ministers to discuss plans, with talks also to determine if they will apply to England only or all UK…