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Wednesday, July 18, 2018

OLX shuts down Nigeria offices

There are indications that OLX, an online marketplace owned by Naspers, has shut down its offices in Nigeria, a move that will affect over...

Britain to add naira to list of accepted trade currencies

The naira will become one of three West African currencies that UK Export Finance has pre-approved for its programme of funding transactions that promote...

Worst over for Nigeria, SA economies

The worst may be over for Africa’s two largest economies as they likely emerged from a slump in the second quarter. Official data on Tuesday...

Synergos offers platform for diversity into agribusiness

A non-profit organisation Synergos Institute is partnering the National Orientation Agency (NOA) in Nigeria to organise a summit on 14 November to set the...

Central Bank weakens naira to 307 per dollar

Nigeria’s Central Bank on Monday weakened the naira marginally, selling dollars at N307 each for the first time on the official interbank market, in...

Nigerian Stock Exchange to be publicly listed

The Nigerian Stock Exchange (NSE) expects a bill that will allow it to be publicly listed will be signed into law this year, its...

NNPC, Chevron finalize $1.7bn deal

Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the second and final phase of an Alternative Financing Agreement. A statement signed...

Bitcoin recoups losses after worst week since 2013

Bitcoin rose 13 per cent on Tuesday, recovering about half of the losses it sustained last week, its worst since 2013, as investors who...

Bitcoin slides amid rollercoaster ride

The price of digital currency Bitcoin has fallen sharply in a period of wild trading since it passed the $11,000 mark a day ago. Bitcoin...

Bitcoin reaches record high of $6,000

Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors...

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Emenalo leaves Chelsea

One of the influential figures behind-the-scenes at Stamford Bridge, Michael Emenalo has "decided to stand down from his role" at English champions Chelsea. The club...

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