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Lagos, Nigeria
Monday, December 17, 2018

Samsung Galaxy Note 7 owers get massive discount on Note 8

Samsung's Note 7 incident cost the company a lot of money and some goodwill. But the financial burden isn't over yet because the firm...

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...

Nigeria sells treasuries to keep naira liquidity tight

Nigeria’s central bank sold N98 billion of treasury securities on Thursday to keep liquidity tight to support the currency, a day after it auctioned...

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...

Teleology takes over troubled Nigeria telecomms firm 9mobile

Teleology has formally taken over control of Nigeria’s troubled telecommunication company, 9mobile, by appointing a new board of directors, headed by 54-year-old Nasiru Ado...

NSE market capitalisation dips further by 1.48%

Transactions on the Nigerian Stock Exchange (NSE) ended on Wednesday for three consecutive days on a downward trend as the market capitalisation dipped further...

Amazon boss Bezos tops Forbes world’s rich list

Amazon chief Jeff Bezos is now the world's richest person, having snatched the top spot from Microsoft founder Bill Gates who slips to second...

CBN injects another $210 million into forex market

The Central Bank of Nigeria (CBN) says it has again injected $210 million into the foreign exchange (forex) market in continuation of its intervention...

US buys $2.7bn Nigerian crude in six months

The import of Nigeria’s crude oil by the United States increased by 32.1 per cent to 52.36 million barrels in the first half of...

Oil boom for Nigeria as prices hit $73.79 a barrel

An improvement in Nigeria’s oil earnings is on course as prices held firm on Friday near three-year highs reached earlier this week as ongoing...

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Former US president George H.W. Bush dies at 94

Former US president George H.W. Bush, who presided over the end of the Cold War and routed Saddam Hussein’s Iraqi army but lost a...

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