AfDB Approves $50.7m ‘Covid Loan’ for Tanzania
The Board of Directors of the African Development Fund (ADF) has approved a loan of UA 36 million ($50.7 million) to Tanzania, to finance the nation’s response to the COVID-19
The Board of Directors of the African Development Fund (ADF) has approved a loan of UA 36 million ($50.7 million) to Tanzania, to finance the nation’s response to the COVID-19
It’s been almost two weeks of several demonstrations by Nigerian youths to end police brutality. Experts and analysts are calling on the government to speed up and meet the demands
International Business Machines Corp edged past Wall Street estimates for quarterly revenue on Monday, bolstered by higher demand for its cloud computing services from companies speeding up their digital shift
Toshiba Corp. said on Monday it aims to generate $3 billion in revenue from its advanced cryptographic technology for data protection by 2030, as the Japanese sprawling conglomerate scrambles to
The Radisson Blu Anchorage Hotel, Lagos, has announced the promotion of Ahmed Raza to General Manager. Raza joined the Victoria Island-based hotel in 2017 as the Executive Assistant Manager and
American Airlines Group plans to return Boeing 737 Max jets to service for passenger flights by the end of this year depending on certifictaion of the aircraft from the Federal
The Indian government has warned Amazon.com’s local unit and Walmart’s Flipkart that sellers on their platforms are not complying with a rule requiring that a product’s country of origin be
Global accounting and consulting firm Deloitte will close four of its 50 British offices as it reviews its real estate portfolio in the coronavirus pandemic, but will retain the staff
A United Kingdom company, Zetogon has said it invested $100,000 in a Nigerian software firm, AirSmat, to help the organisation deliver world-class service on the African continent. The firm is
US retail sales rose more than expected in September, rounding out a strong quarter of economic activity, but the recovery from the recession is at a crossroads as government money
Nigerian payments startup Paystack has been acquired by US-based payments giant, Stripe in a $200 million -range deal. That makes this the biggest startup acquisition to date to come out
America’s electric vehicle company Tesla has reduced the price of its Model S sedan to $69,420. Chief Executive Officer Elon Musk said in a tweet on Wednesday that the “the
According to figures released by Ghana’s Statistics office, inflation rate fell for a second month in a row to 10.4% in September which is 0.1 percentage points lower compare to
Nigeria’s oldest commercial bank, First Bank NIgeria Limited, is hosting a global investor call on Wednesday for a group of high networth individuals and small group of investors to discuss
The International Monetary Fund (IMF) reversed Nigeria’s 2020 economic growth from its earlier projected -5.4 per cent to -4.3 per cent. In its latest Economic Outlook released on Tuesday, the
Global stocks hit five-week highs on Monday led by China’s post-holiday surge as investors bet on a steady recovery for the world’s no. 2 economy, but worries about rising COVID-19
Contrary to reports circulating on Nigeria’s social media that the bank account of Flutterwave – a fintech payment platform used to receive donations for the ongoing protests against police brutality
Facebook has announced it will remove all content on its platform that “denies or distorts the Holocaust.” The company says this expansion of its hate speech policies is a response
Asian stocks are set to rise on Tuesday as a renewed tech rally and fresh optimism that Washington would deliver a coronavirus relief package helped lift global equity markets. Shares
The Chief Executive Officer (CEO) of MultiChoice Nigeria, Mr. John Ugbe, has said that Pay-As-You-Go (PAYG) billing model is not technically and commercially feasible in the pay television industry. Ugbe
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