Ethiopian Airlines Defies FG, Resumes Flight To London Friday
There were indications on Wednesday that some international airline operators may have been violating the ban on…
Home Rental Company Airbnb Set To Go Public, File IPO
Short-term home rental company Airbnb said on Wednesday it filed confidentially for an initial public offering with…
Alibaba Beats Estimates As Pandemic Fuels Online, Cloud Computing Demand
China’s Alibaba Group Holding Ltd (BABA.N) beat quarterly revenue and profit estimates on Thursday, as its core…
In U.S.-China Tech War, Investors Bet On China’s Localisation Push
As the U.S.-China “tech war” widens, investors are betting on China’s efforts to replace U.S. technologies with…
Emirates Airline Says It Expects To Serve 100% Of Its Destinations By Summer 2021
Dubai state carrier Emirates Airline will serve all of its 143 destinations by the summer of 2021, with the…
Facebook Wins Preliminary Approval To Settle Facial Recognition Lawsuit
Facebook Inc won preliminary approval late on Wednesday from a federal court for settlement of a lawsuit that…
Passengers Coming Into Nigeria’ll Undergo COVID19 Tests 48-72 Hours Before Arrival…
The Director General of the Nigerian Civil Aviation Authority (NCAA), Captain Musa Nuhu, has said that incoming…
Nigeria’s Foreign Assets At Risk As Enron Seeks to Enforce $22m Arbitration Award
Nigeria is making frantic efforts to stop Enron Nigeria Power Holding (ENPH) from enforcing a $22 million…
Nigeria Naira Eases To 480 On Black Market On Plans To Reopen Airports
Nigeria’s naira fell 1.04% on Tuesday to a low of 480 on the black market after the government said it would reopen…
Nigeria: Importers, Others Kick Against Surcharge On Cargoes
Nigerian importers have decried the huge surcharge imposed on them by international shipping firms for cargoes…
Sterling Unfazed By Higher Inflation, Still Driven By Dollar
Sterling remained driven by the weaker U.S. dollar on Wednesday in thin August trading, even though British…
OPEC Meets To Review Compliance With Oil Cuts
OPEC oil producers and allies such as Russia, a grouping dubbed OPEC+, meets on Wednesday to review compliance with…
Inflation In Canada Unexpectedly Falls Back to Near Zero
The consumer price index increased only 0.1% from the same month a year earlier, Statistics Canada reported…
EU To Impose Sanctions On Belarusian Officials For Election Fraud, Calls For A New…
The European Union announced plans to impose sanctions on Belarusian officials on Wednesday, with leaders of…
Apple’s $2trn Value Higher Than GDP Of 48 African Countries — Including Nigeria,…
Apple has become the first American company to be valued at $2 trillion.
The company crossed the $2 trillion…
Exclusive: GM Bets On Electric Cadillacs And Micro-Vans To Reverse China Slide
General Motors (GM.N) is overhauling its Chinese line-up with a greater emphasis on electric cars and smart-driving…
Nigerian Embassy In Canada Shuts Down After ‘Attack’ On Staff
The Nigerian High Commission in Ottawa, Canada has announced an indefinite suspension of its activities.
In a …
Uber And Lyft Competitors Ready To Pounce If Service Is Suspended In California
Ride-hailing competitors to Uber and Lyft are already preparing to seize the moment if the industry leaders…
Target Reports A Monster Quarter — Profits Jump 80%, Same-Store Sales Set Record
Target on Wednesday blew past every forecast on Wall Street for its fiscal second quarter as it attracted…
Apple Tops $2 Trillion In Market Value
Apple Inc (AAPL.O) became the first publicly listed U.S. company with a $2 trillion stock market value on…
Nigeria: Unilag Is Bigger Than Anyone
The Ag. Vice-Chancellor, University of Lagos (UNILAG), Prof. Theophilus Omololu Soyombo got a rousing welcome from…
Elon Musk’s SpaceX Raises $1.9 Billion In Funding
Billionaire Elon Musk's SpaceX has raised $1.9 billion in new funding, according to a regulatory filing …
No New U.S.-China Trade Talks Scheduled: White House Chief Of Staff
No new high-level trade talks have been scheduled between the United States and China but the two sides remain in…
Nigeria: Corruption – ‘Magu Boys’ Caught On Tape Demanding N75m Bribe
A businessman has played a tape recording before the Justice Ayo Salami-led presidential probe panel on how some…
Fed Faces A ‘Major Challenge’ In Making Its New Inflation Strategy Official
The U.S. central bank will be faced with a delicate balancing act if it opts to embrace a more relaxed view on…
Target CEO Credits Canceled Vacations, Not Stimulus Checks, For Blowout Quarter
Target CEO Brian Cornell said he’d like to see Congress strike a stimulus deal, but he credited closed movie…
GM Says Over 40% Of New China Launches In Next Five Years Will Be EVs
General Motors Co (GM.N) is planning an electric car offensive in China with more than 40% of its new launches in…
Exclusive: FANCL Asia Owner Launches Sale That Could Fetch $1 Billion
U.S. Postmaster General Louis DeJoy is set to announce later on Tuesday that he will suspend all operational…
COVID-19: States Demand Release Of N67.2bn Grant
Following the continued dwindling of their economic fortunes as a result of COVID-19 pandemic, states have urged…
Jeff Bezos Ends Day With An All-Time High Net Worth Of $197.8 Billion
Jeff Bezos, founder and CEO of Amazon, ended Tuesday with a record net worth of $197.8 billion, the highest fortune…