Month: May 2019
Huawei’s chipset subsidiary HiSilicon on Friday said it will use backup chips it has independently developed for years to cope with the ban from the U.S. He Tingbo, president of HiSilicon, said in an internal ...
Oil edged higher toward 73 dollars a barrel on Friday, supported by real and threatened supply disruptions in the Middle East and heading for a weekly gain. U.S. sanctions on Iran have cut the OPEC ...
Some investors have urged tech start-ups to ensure that their products were original so as to attract investments. The investors gave the advice on Friday in Lagos during a panel session at the Africa Fintech ...
The Italian Competition Authority (AGCM) on Friday said that it had launched an antitrust investigation against Google, accusing it of giving an unfair advantage to its Google Maps app. The AGCM takes issue with Google ...
Equities listed on the Nigerian Stock Exchange (NSE) rose to a milestone N12.52tn on Thursday after MTN Nigeria Communications Plc listed 20.35 billion shares on the Exchange. Adding N1.90tn in market capitalisation, the NSE rose by ...
Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion Euros (1.2 billion dollars) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market. The ...
The Nigerian Investment Promotion Commission (NIPC), says it has tracked investment announcements in the economy worth $12.71 billion in the first quarter of 2019. The commission made the disclosure in its “Report on Investment Announcements ...
The National Council for Arts and Culture (NCAC) has invited investors and tourists from China to come and explore abundant cultural and tourism endowments in Nigeria and invest in the sector. The Director- General,(D-G) of ...
Arik Air, on Wednesday announced the arrival of one of its aircraft, which just returned from C-Check maintenance overseas. The Communications Manager of the airline, Mr Ola Adebanji, disclosed the development in a statement issued ...
Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, on Wednesday, urged Federal Government to attach premium to palm oil production, saying its price is higher than crude oil’s. Emefiele stated this in Abuja when ...
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