Nokia Wins 5G Order From Philippines’ Globe Telecom
Finnish telecom network equipment maker Nokia on Wednesday said it has won an order from Globe Telecom to build a…
Hyundai Motor To Replace Battery Systems In $900 Million Electric Car Recall
Hyundai Motor Co will replace battery systems in some 82,000 electric vehicles globally due to fire risks - a…
Top Toshiba Shareholder Renews Call For Probe Over AGM Vote
Toshiba Corp’s top investor has renewed its call for an independent investigation into the company’s annual…
Suzuki Motor Says Chairman To Retire, Become Senior Adviser
Suzuki Motor Corp said on Wednesday that its 91-year old chairman, Osamu Suzuki, is retiring in June.
“The…
Deutsche Bank And Mastercard To Deepen Cooperation On Payments
Deutsche Bank and Mastercard said on Wednesday they would deepen their collaboration as the German lender aims for…
How Fintech Verticals Pushed CWG To Growth In 2020 Amid COVID-19
The COVID-19 pandemic left many businesses scrambling for emergency strategies to survive. While some were able to…
Britain’s Heathrow Sinks To $2.8 Billion Loss During Pandemic
Britain’s Heathrow Airport plunged to a 2 billion pound ($2.8 billion) annual loss after passenger numbers…
Nigeria National Petroleum Corporation Must Account For N1.3Tn Alleged Illegal…
The House of Representatives Committee on Public Accounts has stated that the Nigeria National Petroleum…
Ark Invest Adds $124 Million Worth Tesla Shares
Cathie Wood’s Ark Invest funds added a further $124 million stake in Tesla on Tuesday as the shares closed below…
Savers Hunt For Higher Returns Outside Banks
Currency outside the banking system has in the past 10 years risen by over one hundred percent (100.40%), an…
Analysis: High-Flying ARK ETF Falters, Sparks Fear Of Ripple Effect
The steep slowdown in momentum stocks over the last week has been especially painful for ARK Invest’s Cathie Wood,…
Diesel Price Soars To N250/Litre, Businesses Groan
The price of Automotive Gas Oil, also known as diesel, has risen to a high of N250 per litre, with businesses…
CDP Consortium’s Bid To Value Atlantia Unit At 9 Billion Euros –…
Cassa Depositi e Prestiti (CDP) on Tuesday gave the go-ahead to submit an offer to buy Atlantia’s 88% stake in…
Hike In Rates May Mark End To Cheap Consumer Credit
It was a Saturday morning when Olarika Abioye (not real name) got an unexpected message from her bank, Guaranty…
AM Best Affirms Credit Ratings Of AXA Mansard
AXA Mansard Insurance Plc has said that its rating outlook by the global insurance rating agency, A.M. Best as…
The Cash-Flush Amateurs Hunting Game Cards, Handbags And Art
Stocks, bonds and commodities? Old hat.
Once the preserve of the super-rich, or just the eccentric, all kinds of…
Nigerian Stock Exchange Market Capitalisation Appreciates By N27Bn
The market capitalisation of the Nigerian Stock Exchange for the third consecutive day on Wednesday posted further…
Ant Investor Boyu Capital Targets $6 Billion For New Private Equity Fund –…
Chinese private equity firm Boyu Capital, an investor in Chinese technology titans including billionaire Jack Ma’s…
Show Us The Plan: Investors Push Companies To Come Clean On Climate
In the past, shareholder votes on the environment were rare and easily brushed aside. Things could look different…
British Fund Industry Warns Companies On Ethnic Diversity
Britain’s investment industry trade body has warned companies they must show progress on boardroom ethnic diversity…
A Nigerian Refinery: Known As Dangote Refinery Set To Sell It’s First Oil In…
Having crossed all hurdles, the 650,000 barrels a day Dangote refinery an integrated refinery and petrochemical…
Former BOJ Executive Calls For ‘Genuine’ Review Of Central Bank…
The Bank of Japan must abandon the view it can influence public perceptions with monetary policy and conduct a…
Malaysia Launches COVID-19 Vaccination Drive As PM Gets First Shot
Malaysia on Wednesday launched its COVID-19 inoculation programme, which authorities hope will rein in a spike in…
Lloyds Profits Fall As It Targets Wealth Push
Lloyds Banking Group reported a sharp fall in profits for 2020 but resumed paying a dividend, as outgoing CEO…
China To Reinforce Policy Support For Foreign Trade, Commerce Minister Says
China will reinforce policy support for foreign trade and ensure the smooth operations of supply chains, Wang…
Strong Exports, Construction Boost German Economy In Fourth Quarter
Bullish exports and solid construction activity helped the German economy to grow by a stronger-than-expected 0.3%…
Cryptocurrencies, Virtual Assets Pose Serious Risks For Nigeria – ICPC Boss
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Bolaji Owasanoye,…
Naira Gains As Market Turnover Rises By 134.63%
Nigeria’s currency on Tuesday gained 0.34 percent to close at N408.60k per dollar compared to N410.00k closed since…
New NDIC, AMCON Bosses Yet To Assume Office Over Executive Delays
The newly appointed bosses of the Nigerian Deposit Insurance Corporation (NDIC) and Asset Management Corporation of…
Emefiele Defends Cryptocurrency Ban Before Senate
The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele says the Bank’s decision to prohibit deposit money…