Amazon Among Bidders for Signify Health
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Elon Musk says Tesla will hike the price of FSD driver assistance software by 25% in September
Tesla plans a 25% price increase for its premium, driver assistance system marketed in the U.S. as the Full Self-Driving, or FSD, option. Read more…
Amazon Among Bidders for Signify Health
Amazon.com Inc. is among the bidders for healthcare company Signify Health Inc., joining other heavy hitters vying in an auction for the home-health-services provider, according to people familiar with the matter. Read more…
Apple CFO Luca Maestri sells stock worth $16.9 million
Apple's Chief Financial Officer Luca Maestri has sold shares worth $16.9 million as part of an arranged trading plan. Read more…
Ethereum drops below $1,600 and posts a weekly loss of over 20%
The majority of popular digital assets declined during the course of the week, and by the weekend, market leaders, Ethereum and Bitcoin had registered double-digit percentage losses. Read more…
N1tn spent on steel imports, Ajaokuta takes N21bn
Nigeria has spent $1.038 trillion on iron and steel imports in the last nine months. Read more…
FG records N643.09bn fiscal deficit in one month
The Federal Government’s fiscal deficit rose from N491.28bn in March to N643.09bn in April, according to figures obtained from the Central Bank of Nigeria. Read more…
Undisbursed loans raise Nigeria’s W’Bank debt to $21.15bn
Undisbursed loans may drive Nigeria’s debt to the World Bank from $12.72bn to $21.15bn, This shows that the yet-to-be disbursed loans can increase Nigeria’s debt to the lending institution by 66.27 per cent. Read more…
Cryptocurrency scams revenue hit $1.6 billion in July 2022
New Chainalysis data reveals that the total cryptocurrency scam revenue for 2022 currently sits at $1.6 billion, 65% lower than it was through the end of July of 2021. The reason for the decline, Chainalysis stated appears linked to declining prices across different currencies. Read more…
Oil snaps 3-day winning streak on strong dollar, China’s sluggish demand
On Monday, after three days of gains, oil prices dropped considerably due to concerns that aggressive interest rate increases by the United States will slow down the global economy and reduce demand for fuel. Read more…
FG to generate 21 million jobs by 2025 through a $750 million World Bank-SABER programme
The Federal Government has stated that its $750 million World Bank-backed State Action on Business Enabling Reforms (SABER) programme is aimed at generating 21 million full-time jobs and lifting 35 million people out of poverty by 2025. Read more…
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