For a company that started out as an online book store, Amazon has become one of the biggest players in the tech industry. Amazon Web Services powers much of the web. The company’s Echo line of devices effectively popularized use voice assistants around the home in a way that Apple’s Siri never did. And the […]
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‘Nigerian oil exports to slip in June’
Nigeria’s oil exports are expected to fall slightly in June to just under 1.8 million barrels per day (bpd), loading plans showed on Monday. Reuters reports that the export plan comprised 60 cargoes, for a total of 1.796 million bpd, compared with the 1.895 million bpd in May’s revised export programme. June exports will also […]
Fidelity Bank of Ghana Plans to List on Stock Exchange by 2020
Fidelity Bank Ltd., a closely held Ghanaian lender, plans to list its shares for trading on the country’s bourse by 2020 as it targets a spot among the largest three banks in the West African nation. Shareholders of the country’s fourth-largest lender on Friday approved a proposal to raise 70 million cedis ($16 million) by […]
Goodbye SMS? Google Moves To Replace SMS On Android
Rich Communication Services – or simply ‘Chat’ – aims to bring a more Apple iMessage-like experience to Android. But unlike iMessage, Chat will not be end-to-end encrypted. Google is making a big push for unified messaging on Android, an effort now known simply as “Chat.” Chat, or Rich Communication Services (RCS), seeks to do away […]
Biafran leader’s bunker to be turned into tourist site
Nigeria’s south-eastern Anambra State has announced that a bunker used by pro-Biafran secessionist leader Chukwuemeka Ojukwu during the civil war in the 1960s will be turned into a tourist site. Caves and waterfalls in the state would also be turned into major tourist sites. “These tourist centers will receive immediate attention with the construction of […]
Pork industry dwindles after listeriosis outbreak
The pork industry has been affected by the listeriosis outbreak. The listeriosis crisis has tumbled South Africa’s pork industry into an overnight crisis. Profits of pork producers have dropped as much as 40%, which resulted in millions of rands of losses for pig farmers, since the outbreak. Johann Kotzé, CEO of the SA Pork Producer’s […]
REPORT: Aston Martin set to hire Goldman Sachs, JPMorgan, and Deutsche Bank to lead a $7 billion IPO
-Luxury automaker Aston Martin is reportedly preparing for an IPO. -The IPO could be worth as much as £5 billion, according to reports. -The manufacturer is currently owned by Italian private equity fund Investindustrial. Luxury carmaker Aston Martin is lining up three banks to manage a floatation that could value the firm at between £4bn […]
Gold prices hit 2-week low before economic data
Gold prices on Friday slumped below their weakest level in two weeks, coinciding with a steady US dollar and ahead of important economic data. By 10:45 am GMT, Comex gold futures slipped by 0.11% to $1,327 per ounce, dipping below their two-week low. The decline came amid growing trade tensions between US and China and […]
Nigerian oil exports to stay largely flat in May – programmes
Nigeria’s oil exports are expected to hold at close to 1.8 million barrels per day (bpd) in May, loading plans showed on Friday. The loading plan included at least 1.799 million bpd on 61 cargoes, but traders said two to three additional 950,000 barrel cargoes of Usan would be added at some point. Usan operator […]
Personal data: EU official wants action against internet companies
EU official has called for action against internet companies that harvest personal data, as Brussels prepares to move against those spreading “fake news” following the Cambridge Analytica revelations. Sir Julian King, the European commissioner for security, wants “a clear game plan” on how social media companies are allowed to operate during political campaigns to be […]