Google’s Lucrative Deal With Apple Under Threat
A US judge ruling has put Google’s $20 billion deal with Apple at risk.
A US judge ruling has put Google’s $20 billion deal with Apple at risk.
Hyundai’s $28 million Thailand EV factory has sparked local industry growth, amid surging Southeast Asian demand for electric vehicles.
HIG has appointed Ibrahim Puri and Sonny Iroche as Independent Non-Executive Directors, bolstering its leadership and governance for future growth.
The CBN has approved Providus Bank Limited’s acquisition of Unity Bank Plc, granting an 80-20 asset ownership split.
Finance Minister Wale Edun has defended the controversial banking sector windfall tax, stating it aims to redistribute unearned income.
Nigerian stock market has mirrored global downturn, with NGX ASI down 0.17% after MTN Nigeria’s significant share price drop.
Aviation unions have requested President Tinubu’s intervention in Arik Air’s grounding, citing severe economic impact on staff and passengers.
NNPC has launched a new crude oil blend with a current production of 28,000 barrels per day, aiming for 50,000.
NCC has mandated telecom operators to simplify tariffs, bundles, and promotions, ensuring clear, accurate information for subscribers.
A report warns that Nigeria’s proposed 70% windfall tax conflicts with CBN’s recapitalisation plans, risking further banking sector pain.
Amidst worldwide worries, Asian stock markets dropped on Monday, with Japan’s Nikkei 225 and Topix indexes plunging more than 10%.
NACCIMA President Dele Oye says the non-payment of FX forwards by the CBN has severely crippled companies, causing bankruptcy.
The Organisation of the Petroleum Exporting Countries pumped 26.70 million bpd in July, up from 26.60 million bpd in June
Personal views by Otedola and Elumelu don’t represent banks’ collective position on windfall tax, Bank Directors Association of Nigeria Chairman, Chike-Obi says.
S&P has reported that according to tracking data, Dangote refinery will transform global crude flows when it reaches full capacity
The NGX showed mixed performance this week, with market capitalisation declining on Thursday but rebounding on Friday amid the unrest.
Apple’s iPhone sales have exceeded expectations, driven by strong demand for iPhone 15, with revenue growth forecast in Q4.
OPEC+ has reaffirmed its commitment to existing output cuts, with the option to adjust the phase-out based on market conditions.
AfDB has approved $500m loan to Nigeria for energy transition, economic governance and infrastructure upgrades, supporting universal access to modern energy.
Afrinvest report has revealed that Nigerian banks need N4.1 trillion to meet new capital requirements and achieve a $1 trillion economy.
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