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Tencent-backed video sharing app Kuaishou kicks off Hong Kong IPO targeting US$5 billion
Kuaishou Technology, the short-video platform backed by Tencent, will offer its shares at a maximum price of HK$93 each, as it aims to ...
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ByteDance launches mobile payments on China’s version of TikTok
ByteDance has launched its own payments service for Douyin, the Chinese version of its video app TikTok. Douyin’s 600 million daily active users ...
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Ecobank Pledges to Facilitate Payments for Customers
The Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Mr. Ade Ayeyemi, has announced in a statement that the pan-African banking group is ...
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273,000 Bitcoins taken away from crypto market within a month
Despite the prevailing market condition in the flagship crypto market, crypto investors are rapidly locking up their Bitcoin assets for the long haul, ...
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Lalamove close to raising $1.5b in new round
On-demand logistics and delivery company, Lalamove is close to completing a US$1.5 billion financing round that would bring its valuation to around US$10 ...
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Onyema reels impressive scorecard at the NSE 2020 Market Recap as market capitalization hits N24.51 billion
The Chief Executive Officer of the Nigerian Stock Exchange, Mr Oscar Onyema, reeled out an impressive scorecard of the NSE at the 2020 ...
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PFAs investment in FGN securities rises by 3.7% in November 2020
The Pension Fund Administrators (PFAs) have increased their investments in Federal Government of Nigeria securities by 3.7% to N8.14 trillion in November 2020. ...
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Access Bank has commenced process to transit to Holding Company
ACCESS Bank Plc has started the process that would enable it to transit to a holding company (HoldCo) structure, in order to leverage ...
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3 Top E-Commerce Stocks for 2021
E-commerce has surged as a result of conditions created by the coronavirus pandemic, and top players in the space have delivered eye-catching returns. ...
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EU eyes dollar Global dominance in a bid to bolster the euro
The European Union wants to boost its position in the global economic stage by strengthening the international role of the euro as it ...