Category: Business

DMO to auctions N360bn FG bond Monday  

The Federal Government of Nigeria will be carrying out a bond auction today (Monday) through...

US agency to restart sale of defunct Silicon Valley Bank

The United States Federal Deposit Insurance Corp is preparing to restart the sale procedure of...

First Citizens considers acquiring Silicon Valley Bank

First Citizens BancShares Inc is considering the acquisition of the Silicon Valley Bank that was...

FG to provide subsidies for solar power developers 

The Rural Electrification Agency has revealed that the Federal Government intends to provide subsidies to...

Meta launches paid IG, Facebook blue tick in US

Meta has on Friday announced the launch of its subscription service in the United States....

MTN to merge Momo, Yello financial subsidiaries

Telecommunications company, MTN Nigeria, plans to merge two of its finance subsidiaries – Momo Payment...

SVB Financial seeks bankruptcy protection

SVB Financial Group has on Friday filed for Chapter 11 bankruptcy protection in order to...

China cuts bank reserve first time in 2023

China’s central bank announced on Friday that it will reduce the amount of cash that...

Hundreds of flights cancelled over German airport strike

German airport’s strikes over pay and work conditions have resulted in the cancellation of hundreds...

NCC to regulate data depletion for telecom consumers 

The Nigerian Communication Commission stated on Thursday that it will take steps to regulate data...

Weekly jobless claims in US drops below prediction

The number of Americans submitting new unemployment benefit claims dropped more than anticipated last week,...

TLG Capital, OnePipe sign N2.25bn agreement to finance Nigerian SMEs

TLG Capital, a pan-African alternative investment firm today declared that it has teamed up with...