When Stripe announced earlier this year that it had picked up another $600 million in funding, it said one big reason for the funding was to expand its API-based payments services into more geographies. Today the company is coming...
President Muhammadu Buhari Monday in Abuja assured Nigeria’s former Minister of Finance, Dr Ngozi Okonjo-Iweala, that the country will explore every opportunity and deploy its entire energy to ensure that she becomes the Director-General of World Trade Organisation (WTO).
Dr...
Five newly launched Chinese funds targeting Ant Group’s upcoming mega stock listing raised 60 billion yuan ($8.93 billion) cumulatively from more than 10 million retail investors, selling out within days, the funds’ distributor said.
An average of eight investors placed...
The United States on Thursday slapped fresh sanctions on Iran’s financial sector, targeting 18 banks in an effort to further choke off Iranian revenues as Washington ramps up pressure on Tehran weeks ahead of the U.S. election.
The move freezes...
Asian shares were set to track Wall Street gains on Friday as revived hopes for a U.S. stimulus deal helped investors overlook weaker-than-expected jobs data and growing global coronavirus cases.
In energy markets, oil prices rallied on production shutdowns ahead...
The dollar drifted toward a second consecutive weekly loss on Friday, as higher commodity prices and persistent hopes for U.S. stimulus supported investor sentiment and riskier currencies.
Talks have resumed between U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven...
Apple Inc said on Thursday that it would extend free Apple TV+ subscriptions, which were set to end within the next three months, through February.
The company had bundled a one-year free subscription to its video-streaming service, which debuted in...
International Business Machines Corp IBM.N is splitting itself into two public companies, capping a years-long effort by the world's first big computing firm to diversify away from its legacy businesses to focus on high-margin cloud computing.
IBM will list its...
Unknown hackers broke into the systems of Pegasus Technologies, a company that integrates mobile money transactions between telcos, banks, and other local, regional, and international money transfer services, making off with a yet to be known sum, but said...
First Bank of Nigeria Limited has announced that it has disbursed loans worth over N17 billion to individuals across the country.
The loan disbursement is carried-out through FirstAdvance, its digital lending solution.
According to a statement, FirstAdvance was designed to offer...
Boko Haram kills pregnant woman and five others in Borno.
An attack reportedly launched by Boko Haram insurgents in Damboa community of Borno state has...
FEC approves N2.9 billion for printing of examination papers.
The Federal Executive Council has approved N2.9 billion contracts for the printing of sensitive and non-sensitive...
Man sentenced to 50 years in prison for raping and impregnating his 14-year-old biological daughter.
A High Court in Jinja, Uganda on Tuesday, October 27,...
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