Dangote Industries finalises N200bn bond listing
Dangote Industries has finished listing its N200 billion series 1 and 2 bonds on the Nigerian Exchange Limited. According to…
Business
EU to increase renewable energy target by 2030
The European Union on Thursday made a provisional agreement on increasing renewable energy targets, a key component of the EU’s strategy to…
Alibaba to surrender control of some business units
Alibaba Group has announced plans to monetize non-core assets and potentially give up control over some of its businesses. According to Reuters,…
Credit institute inaugurates governing council
The National Institute of Credit Administration has inaugurated a committee set up by the governing council of the institute. This was made…
Disney fires Marvel Entertainment chair Perlmutter over telephone
The chairman of Marvel Entertainment, Isaac Perlmutter, has been laid off as part of a cost-cutting campaign at Disney. The New York…
FG okays N24.20bn for internet in schools, markets, airports
The Nigerian government gave its approval on Wednesday to allocate N24.20bn for the purpose of providing broadband internet connection to a minimum…
![Ajaypal Singh Banga (born November 10, 1959[1]) is an Indian-born American business executive.](https://am-business.s3.eu-west-1.amazonaws.com/wp-content/uploads/2023/03/licensed-image.jpeg)
US tips ex-Mastercard CEO to become World Bank chief
The Treasury Secretary of the United States, Janet Yellen, has said she anticipates that the former CEO of Mastercard, Ajay Banga, will…
Investors hopeful Alibaba split may end China’s regulatory scrutiny
Alibaba’s business split raises the hopes of Investors resulting to a surge in the company’s stock price and other similar companies. According…
SoftBank shares rise after Alibaba split
SoftBank Group Corp’s shares rose on Wednesday after Alibaba Group announced a major restructuring plan. SoftBank has a 13.7% stake in Alibaba.…
How Nigeria’s stock market shares dropped 1.2% – Report
The Nigerian Exchange Ltd. on Tuesday experienced a further decline in market indices by 1.2 per cent, continuing the trend of negative…
Senate extends 2022 budget implementation
The Senate has extended the implementation period of the capital component of the 2022 budget until June 30, 2023, instead of the…
Gold prices rise as US dollars dip
Gold prices edged higher on Tuesday, despite the presence of higher bond yields and waning fears of a banking crisis, Reuters reported.…