Nigerian Ports Authority Seals Three Illegal Jetties
The Nigerian Ports Authority has sealed three illegal jetties in its bid to clamp down on unseaworthy barges…
Fuel Marketers Raise Diesel Price To N265 Per Litre
Against the backdrop of the recent rise in global oil prices, some fuel marketers have increased the price of…
Federal Government Orders Immediate Resumption Of Domestic Flights Catering…
Catering services, hitherto suspended at the onset of the COVID-19 pandemic are to resume on domestic flights…
Forex Trader Remanded For Defrauding Investors Of N17.4m, $6,300
A self-acclaimed foreign exchange trader, Nanpan Yaniyang, has been remanded by the Lagos State High Court for…
Only 47 Money Transfer Operators Are Licensed – Central Bank Of Nigeria
The Central Bank of Nigeria has released the list of 47 International Money Transfer Operators that are licensed to…
COVID-19: Federal Government Raises Alarm Over Racketeering Of Vaccines
The Federal Government on Monday in Abuja raised alarm over reported racketeering of the Oxford-AstraZeneca…
Abu Dhabi Funds Invest $150 Million In Messaging App Telegram
Abu Dhabi sovereign wealth fund Mubadala Investment Company and Abu Dhabi Catalyst Partners have invested a…
Microsoft In Talks To Acquire Discord For More Than $10 Billion
Microsoft Corp is in talks to buy messaging platform Discord Inc for more than $10 billion, Bloomberg News…
Politically Correct? Bond Market Steers Clear Of Judgment Calls
When Saudi journalist Jamal Khashoggi was killed in 2018, London-based hedge fund manager Dominic Armstrong bet…
Online Review Platform Trustpilot Gets $1.5 Billion Valuation In London IPO
Online reviews platform Trustpilot said on Tuesday it had priced its initial public offering in London at 265 pence…
UK Jobless Rate Unexpectedly Drops To 5.0%
Britain’s jobless rate unexpectedly fell to 5.0% in the three months to January, when the country entered a new…
England Slaps New 5,000 Pound Fine On Travel Abroad
Fines of 5,000 pounds ($6,900) will be introduced from next week for people from England who try to travel abroad…
AB Volvo Shares Fall 7% After Warning Chip Shortage To Hit Output
Shares in AB Volvo fell 7% on Tuesday after the Swedish truckmaker warned of a substantial hit on production in the…
Flourish Ventures Opens Up New Office In Nairobi, Kenya To Support African Fintech…
The African fintech startup scene is set for a boost after Flourish Ventures, a global fintech venture capital…
FMO Renews Commitment To Emerging Africa Infrastructure Fund
The Emerging Africa Infrastructure Fund (EAIF), managed by Investec Asset Management (IAM), today announced that it…
Valar Ventures Makes First Investment In Africa With Neo Bank Kuda
Launched in 2016 as lending platform Kudimoney, Kuda rebranded in June of 2019 and received a banking licence from…
First Green Energy Project In Burkina Faso For EAIF
The West African country of Burkina Faso is to get a new large-scale renewable energy plant, it was announced…
Billionaire Leon Black Is Leaving Apollo Following Scrutiny Over Ties To Jeffrey…
Leon Black is completely stepping away from running private equity firm Apollo Global Management amid scrutiny…
Turkey’s Lira Plunges After Erdogan Fires Central Bank Head
urkey could be on the cusp of another currency crisis after President Recep Tayyip Erdogan abruptly fired the…
A Company Will Pay You $2,400 To Stay Away From Screens For 24Hours
Put the phone away for an hour. Or, better yet, make it 24 hours -- you might just get $2,400 out of it.…
Rise Fund To Invest $200 Mln In Airtel Africa’s Mobile Money Business At…
Telecommunications and mobile money services provider Airtel Africa said it signed an agreement under which The…
RisCura Launches Impact Fund-Of-Funds For South Africa
Purpose-driven investment firm RisCura is applying its institutional investment experience to impact…
Hadiza Bala Usman: Export Cargoes Barred From Lagos Ports For Two Weeks
The NPA boss told Radio Now 95.3 FM in an interview monitored by TheCable that the suspension is effective Monday,…
China’s JD.com To Invest $800million In Dada Group
Chinese e-commerce firm JD.Com said on Monday it will invest $800 million in Dada Group, giving it a 51% stake in…
Samsung Gets 5G Equipment Contract From Japan’s NTT Docomo
Samsung Electronics Co said on Monday it has won a contract from Japanese mobile operator NTT Docomo Inc to supply…
S&P 500, Nasdaq Set For Higher Open On Tech Boost, Tesla Gains
The S&P 500 and the Nasdaq were headed for a higher opening on Monday as technology stocks looked set to…
Mondelez To Buy Majority Stake In UK Snack Bar Firm Grenade In Health Push
Cadbury chocolate-maker Mondelez International Inc said on Monday it would buy a majority stake in UK protein bar…
South Africa Sells Its AstraZeneca Vaccine Doses To AU
South Africa has sold a million doses of the AstraZeneca coronavirus vaccine for distribution in 14 fellow African…
ByteDance Acquires Gaming Studio Moonton At Around $4 Billion Valuation: Sources
ByteDance said on Monday its video games unit Nuverse has agreed to acquire Shanghai-based gaming studio Moonton…
Union Bank’s Annual Profit Rises To N25.4bn
Union Bank of Nigeria Plc has posted an increase of 2.8 per cent in its profit before tax for the 2020 financial…