Home Topics Bloomberg

Bloomberg

The Bloomberg Media Initiative Africa (BMIA) has announced the expansion of its Financial Journalism Training (FJT) programme to Senegal, Côte d’Ivoire, Tanzania, Ghana and Zambia.

Bloomberg expands training to five African countries

The Bloomberg Media Initiative Africa (BMIA) has announced the expansion of its Financial Journalism Training (FJT) programme to Senegal, Côte d’Ivoire, Tanzania, Ghana and Zambia.

Telegram blames China for ‘powerful DDoS attack’ during Hong Kong protests

As well as using encrypted messaging apps, Bloomberg notes that protesters in Hong Kong are also covering their faces to avoid facial recognition systems. They’re also avoiding the use of public transit cards that can link location to identities.
Huawei AppGallery

Huawei has been building a Play Store alternative in plain sight

The momentous news that Google is cutting off its Android relationship with Huawei in response to a US government ban on the Chinese giant wasn’t much of a surprise to Huawei.

Samsung shares rise as Huawei struggles

Shares in Samsung Electronics climbed nearly three per cent Tuesday on the back of its chief rival Huawei’s mounting problems, including a decision by Google to sever ties with the Chinese mobile phone maker.

Microsoft to invest $100 million on Nigeria, Kenya tech hubs

Microsoft Corp. says it is set to spend $100 million to open its first development centres in Africa to work with local partners and governments, with initial sites in Lagos, Nigeria and Nairobi, Kenya.
The Gregory University Uturu, Okigwe, Abia, says the institution has awarded scholarship to two young lads who got the highest scores in the 2019 Unified Tertiary Matriculation Examination (UTME).

Gregory University awards scholarship to two highest scorers in 2019 UTME

The Gregory University Uturu, Okigwe, Abia, says the institution has awarded scholarship to two young lads who got the highest scores in the 2019 Unified Tertiary Matriculation Examination (UTME).
Nintendo has denied reports that it’s planning to announce a new Nintendo Switch console at this year’s E3 in June, reports Bloomberg.

Nintendo denies rumors of a new Switch coming at E3

“As a general rule, we’re always working on new hardware and we will announce it when we are able to sell it,” the company’s CEO Shuntaro Furukawa said during today’s earnings call, “but we have no plans to announce that at this year’s E3 in June.” The big E3 gaming event is scheduled to begin on June 11th.
Zainab Ahmed

FG to review alcohol taxes after companies struggle to make profit

The federal government says it is carrying out a review of the excise duties imposed on wines and spirits.
Lloyd's of London

Lloyd’s of London suffers 1 billion pound loss due to natural catastrophes

The Lloyd’s of London insurance market recorded a loss of one billion pounds ($1.32 billion) in 2018 due to major natural catastrophes such as hurricanes and wildfires, it said on Wednesday.

Shell signs $200 million with UBA to help local contractors access project finance

Royal Dutch Shell Plc’s Nigerian unit agreed a $200 million deal with United Bank for Africa Plc to help its local vendors and suppliers access project finance.

Brexit delay request sends pound reeling

The pound fell sharply on Wednesday after British Prime Minister Theresa May announced it was seeking a delay to its exit from the European Union until June 30, while investors awaited the US Federal Reserve’s interest rate call.

OPEC, allies will stabilise oil market – Saudi minister

Saudi Arabia’s Energy Minister, Khalid Al-Falih, has said that member countries of the Organisation of Petroleum Exporting Countries (OPEC) and its allies led by Russia still have a lot of work to do to balance global oil markets, and are prepared to do what is necessary in this regards in the second half of 2019.
Air France A380 Jet

Engine failure forces Air France A380 back to Abidjan

A mid-flight engine failure forced an Air France A380 jet with more than 500 passengers on board to turn back to the Ivory Coast capital Abidjan where it landed without further incident early Sunday.

Aliko Dangote emerges 64th richest man in the world

Billionaire businessman, Alhaji Aliko Dangote, has significantly moved up in the world billionaires’ list, as he emerged 64th richest person in the world.
Nigerian Stock Exchange NSE

Stock investors suffer N196 billion losses amid sell-off

Investors in the nation’s stock market lost N196bn on Monday as equities listed on the Nigerian Stock Exchange declined following the sudden postponement of the general elections.
A 1930 Packard 734 Speedster Runabout sits in front of a 1992 Porsche 964 Carrera RS at Christie’s New York during a press preview on February 8, 2019. – The Gooding & Company’s annual Amelia Island Auction is one of the most highly anticipated events of the year for automotive enthusiast and is to be held March 8, 2019. (Photo by TIMOTHY A. CLARY / AFP)

Porsche warns of Brexit price hike on UK cars

Porsche customers in the UK should brace for a price hike of up to 10 percent in case of a hard Brexit, the luxury German carmaker warned Monday.
Supporters of former 'comfort women' attend the funeral procession for former comfort woman Kim Bok-dong [Jeon Heon-kyun-EPA-EFE]

Japan demands apology from South Korea over remarks on emperor

Japan has lodged a complaint with Seoul and demanded an apology after a South Korean legislator said the Japanese emperor should apologise over the military's use of so-called "comfort women" during World War II.

MTN prepares for share sale of Jumia

African online retailer Jumia is planning an initial public offering in New York this year that could value the business at about $1.5bn, according to people familiar with the matter.

Recent Stories

Femi Fani--Kayode

June 12: Fani Fani-Kayode berates Babagana Kingibe for attacking former President Obasanjo

A former Minister of Aviation, Chief Femi Fani-Kayode, has exonerated former President Olusegun Obasanjo from the annulment of the June 12, 1993 presidential election and berated a former Secretary to the Government of the Federation, Ambassador Babagana Kingibe, for alleging that Obasanjo knew about the annulment.
Nigeria skipper John Obi Mikel says that his return to international football was in accord with the discussion he had with coach Gernot Rohr, in which they agreed that he would only come back when he feels he is ready to give his very best again.

Mikel Obi: Egypt 2019 may be my last AFCON

John Obi Mikel has revealed that 2019 Africa Cup of Nations in Egypt may be his last for the Super Eagles.

June 12: Former Governor Fayose’s diatribes against ex-President Obasanjo condemnable – group

Nigerian Forum for Good Governance and Leadership has described ”the diatribes” by a former governor of Ekiti, Mr Ayo Fayose, against former President Olusegun Obasanjo over recognition of June 12 as condemnable.
The Super Falcons on Wednesday boosted Nigeria’s chances of qualifying for the next round in the ongoing FIFA Women World Cup in France with a 2-0 victory over South Korea. 23

WWC: Super Falcons’ interesting records in France

Following their impressive 2-0 win over the Taegeuk Nanja of Korea Republic at the ongoing FIFA Women’s World Cup on Wednesday, the Super Falcons of Nigeria has set some interesting records in the process.

40-year old arrested for allegedly defiling 7-year old girl

A 40-year-old man, Shaibu Sani, of Ungwar Rimi District in Kaduna North Local Government area of Kaduna State has been arrested by men of the state police command for allegedly defiling a seven year-old-girl.