China has launched an antitrust investigation into Alibaba Group and will summon the technology giant’s Ant Group affiliate to meet in the coming days, regulators said on Thursday, in the

Nigeria-headquartered BUA Cement Plc has signed an agreement with Sinoma CBMI of China for the construction of three new cement plants of three million tonnes each per annum in Edo,

Stock futures wobbled and commodities fell on Wednesday after US President Donald Trump threw a last-minute spanner into pandemic relief plans, although Asian equities rose as traders looked through fears

The total amount of foreign exchange inflow into the Nigerian economy in the third quarter of 2020 stood at $21.46 billion, according to data from the Central Bank of Nigeria

Dangote Cement Plc has announced the commencement of its share buy-back programme. The company explained in a statement made available to the Nigerian Stock Exchange (NSE) on Monday that the

Oil prices dropped further on Tuesday, adding to steep losses from the previous session, as a new strain of the novel coronavirus in the United Kingdom triggered concerns over fuel

 Shares of Tesla Inc rose to a record high on Friday in a frantic day of trading as investors geared up for the electric carmaker’s much anticipated entrance into the

The Central Bank of Nigeria (CBN) has so far released N12.55 billion (about $32 million) to support the small, medium and large scale poultry farmers. The CBN explained that the

Bitcoin smashed through $20,000 for the first time on Wednesday, its highest ever. The cryptocurrency jumped 4.5% to move as high as $20,440. Bitcoin has gained more than 170% this

Apple Inc plans to manufacture up to 96 million iPhones in the first half of 2021, a nearly 30% year-on-year increase, Nikkei reported on Tuesday. It has asked suppliers to

Bookings at Lufthansa have tripled for next Summer boosted by the imminent approval of a Covid-19 vaccine, Chief Executive Carsten Spohr told a German magazine, adding he expects business on

China’s vehicle sales are likely to hit 25 million units this year, an industry body said on Friday, as the world’s biggest vehicle market continued to lead the global auto

Facebook Inc could be forced to sell its prized assets WhatsApp and Instagram after the US Federal Trade Commission and nearly every US state filed lawsuits against the social media

AngloGold Ashanti Ltd. has appointed Maria Ramos as chairwoman to replace Sipho Pityana, who resigned almost three months after Chief Executive Officer Kelvin Dushnisky quit. Ramos, 61, is former CEO

Shareholders of Guaranty Trust Bank Plc (GTBank) last Friday approved a holding company (HoldCo) structure for the bank, even as they expressed excitement about the benefits they would derive from

Uber is selling its driverless car subsidiary to start-up Aurora Technologies, abandoning a unit that Uber’s founder once hailed as critical to the future of the firm. Aurora, founded in

The Organisation of Petroleum Exporting Countries (OPEC) on Monday pledged its support for the 1.1 billion people globally without access to modern energy sources and the 2.8 billion individuals who

China has removed 105 apps including that of US travel firm TripAdvisor Inc from app stores in the country, under a new campaign to cleanse stores of apps it deems