Category: News

Xiaomi’s revenue rises as electric vehicle sales soar

Chinese electronics giant Xiaomi reported a 30.5 per cent increase in third-quarter revenue, fueled by...

WTO decries inspection hike at Nigerian ports, urges reforms

The World Trade Organisation’s Trade Policy Review organ expressed concerns about Nigeria’s customs procedures, particularly...

Tencent rivals Amazon, Microsoft in cloud marketing

Chinese tech giant, Tencent is using its WeChat super-app ecosystem to differentiate itself from major...

Samsung shares rise by 7% amid $7bn buyback plan

Samsung Electronics’ stock on Monday saw a significant rise after the company announced a surprise...

NGX proposes tougher rules for large-volume trades

The Nigerian Exchange Limited has proposed amendments to its Trading Licence Holders Rules (Part XIIIA)...

FG pays $1.36bn to service debt

The Federal Government spent $1.36 billion to service debts owed to 12 international and multilateral...

Stock market turns bullish, investors gain N295bn

The Nigerian Exchange reversed its losing streak last week, gaining N295 billion despite weaker trading...

Foreign inflow on NGX falls to N11bn

The latest Domestic & Foreign Portfolio Investment Report from the Nigerian Exchange Limited shows that...

Nigeria, India finalize key agreements to boost trade

President Bola Tinubu and India’s Prime Minister, Narendra Modi have directed their officials to finalize...

W’Bank uncovers $32m unaccounted funds in Nigeria’s water project

The World Bank has uncovered $32 million in unaccounted funds in a Nigerian water sector...

Bitcoin mixer bags three years sentence for money laundery

Larry Harmon, the operator of the cryptocurrency mixing service Helix, was sentenced to three years...

Dangote Cement to raise new bonds

Dangote Cement PLC has announced plans to raise medium- to long-term debt funding from the...

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