businesspick

Tesla’s (TSLA.O) German plant in Brandenburg near Berlin is now producing 4,000 cars per week, the company said on Monday, quadrupling from May when Chief Executive Elon Musk had compared…

Chip designer Nvidia Corp (NVDA.O) forecast first-quarter revenue above Wall Street estimates on Wednesday as its CEO said use of its chips to power artificial intelligence (AI) services like chatbots…

Switzerland’s financial regulator has investigated 12 banks and launched enforcement proceedings against two of them in relation to corruption charges against longtime central banker Riad Salameh, it said on Monday.…

The Central Bank of Nigeria (CBN) has reviewed the tenure of Executive Management and Non-Executive Directors of banks and other financial institutions. This was contained in a communique issued by…

Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United States. Brent crude futures rose 66…

The federal, state and local governments have shared N750.174 billion as Federation Allocation for January 2023. According to the figure released by the Federation Account Allocation Committee (FAAC), at its…

A pair of lawmakers have called on the United States to rescind a nearly $1 billion helicopter sale to Nigeria, saying that allegations of a forced abortion program have renewed…

About $2.5 billion flowed out from Binance’s stablecoin this week, Binance’s CEO said on Twitter, after US regulators turned their sights on the cryptocurrency. Most of the money has moved…

The Central Bank of Nigeria (CBN) has created a portal for the deposit of old naira notes. The bank published a notification titled ‘redemption of currency’ during a Wednesday check…

Nokia (NOKIA.HE) and Kyndryl (KD.N) have extended their partnership for three years after clocking up more than 100 customers for automating factories using 5G wireless networks, following their first tie-up…