Global leading rating agency, Standard & Poor’s has affirmed Nigeria’s sovereign credit rating at B+ and revised its outlook from negative to stable. This comes about a week after another

A major outage in Amazon’s cloud computing network Tuesday severely disrupted services at a wide range of U.S. companies for more than five hours, the latest sign of just how

Equinix Inc. is acquiring West African digital infrastructure firm MainOne Cable Co Ltd. at a valuation of $320 million, giving the US data-center investor more exposure to booming connectivity in

Samsung Electronics Co Ltd will merge its mobile and consumer electronics divisions, the firm said on Tuesday, naming new co-chief executives in the biggest reshuffle since 2017 to simplify its

The ongoing bickering between the Senate and Saipem Nigeria Limited over alleged violation of the Nigerian Local Content Act in the award of contracts for the delivery of the Nigeria

Notwithstanding the raging Omicron COVID-19 variant in Southern Africa and some other parts of the world, Nigeria’s federal government on Friday unveiled a revised COVID-19 protocol, without restricting inbound travellers

Despite concerns over the new Covid-19 variant, Omicron, and recent emergency oil reserves releases by a United States-led coalition, the Organisation of Petroleum Exporting Countries (OPEC) and its allies known

The United Bank for Africa (UBA) Plc has disclosed that it has been globally recognised as the African Bank of the year 2021 by the Banker Magazine, a leading global

France has invested €200,000 towards enhancing the rural women’s skills in producing higher value-added agricultural products and in leading their agri-food enterprise in Nigeria. A statement by French Embassy in

Telecommunications giant, MTN Nigeria, Tuesday announced that its N97 billion public offer to retail investors for the sale of 575 million shares held in the local company by the MTN

The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina Tuesday said despite the country’s low tax to Gross Domestic Product (GDP) ratio, the federal government must exercise restraint

The World Bank Country Director for Nigeria, Shubham Chaudhuri, has called on the Nigerian government to consider the opportunity cost of its continued fuel subsidy practice and decide whether to

Seplat Energy Plc is currently in talks to acquire ExxonMobil’s Nigerian shallow-water oilfields. This was discovered by ARISE News in a statement issued by the company on the Nigerian Exchange

As part of efforts to support Nigeria’s Mines and Steel Development sector, the office of the past ruler of Abu Dhabi, United Arab Emirates (UAE), His Royal Highness, Sheikh Hamdan

The recently concluded second Intra-African Trade Fair (IATF 2021) generated a record $42.1 billion in trade and trade-related investment deals, according to the latest tally released yesterday by the IATF

Wall Street stocks closed higher on Monday, regaining some of the ground they lost in Friday’s sell-off, as investors were hopeful that the Omicron coronavirus variant would not lead to

Africa’s leading payments technology company, Flutterwave has announced the launch of its new e-commerce service, Flutterwave Market – an extension of its Flutterwave Store service – that will bring together

Following its launch on October 25, 2021, the eNaira applications have registered almost 600,000 downloads. This was revealed by the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele at

Twitter CEO Jack Dorsey will step down as head of the social media platform he co-founded a decade and a half ago, the company announced on Monday. Board member and