Internet giant, Tencent, suffers profit nosedive to poor investment gains
Justice Godfrey Okamgba
August 15, 2018
Tencent, the Chinese Internet giant and Asia’s most valuable tech firm, has delivered an astonishing drop in profit on account of
Microsoft unveils ‘Your Phone’ for wireless transfer of content
Businessam StaffAugust 15, 2018
Tech giant, Microsoft, on Wednesday launched ‘Your Phone’, a PC app it’s been testing with Windows Insiders that allows users to
Nigeria’s inflation trends further down to 11.14% y/y in July
Adesola AfolabiAugust 15, 2018
Nigeria’s inflation continued its downward trend in July as headline consumer price index fell to 11.4 percent in July, the 18th
FG, BOI launch ‘Trader Moni’ in Lagos with N10, 000 loans for grabs
Businessam StaffAugust 15, 2018
The Federal Government through the Bank of Industry (BOI) and the Government Enterprise and Empowerment Programme (GEEP), has launched
CBN boosts wholesale forex market, others with $210m
Businessam StaffAugust 14, 2018
The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting yet another
Nigeria’s fixed income, currency markets dip 24 percent in a month
Adesola AfolabiAugust 14, 2018
Turnover in Nigeria’s Fixed Income and Currency (FIC) markets for the month ended July 31, 2018 dropped by 24 percent or N4.13
NCDMB to partner NSE on opening up investment opportunities in Nigeria’s upstream, midstream sectors
Adesola AfolabiAugust 14, 2018
The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigerian Stock Exchange (NSE) are partnering to open up
Nigeria equities’ market cap down N600bn in 9-day bearish trade
Adesola AfolabiAugust 14, 2018
The bearish trend at the Nigerian equities market continued Tuesday, recording a 9-day consecutive dip to pare market capitalisation
Samsung may halt operations in China on rising labour cost, slumping sales
Justice Godfrey OkamgbaAugust 14, 2018
Leading smartphone manufacturer, Samsung Electronics Co Ltd., might stop producing mobile phones this year at Tianjin Samsung Telecom
United Capital affirms ‘hold’ rating for Nigeria’s INTBREW on merger, positive revenue outlook
Adesola AfolabiAugust 13, 2018
Equity investment analysts at United Capital, Monday affirmed a ‘hold’ rating for International Breweries Plc.’s (INTBREW) stocks with