businesspick

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 …

Luxury fashion house Louis Vuitton announced Tuesday the appointment of hip-hop artist Pharrell Williams as its new head of menswear. “Louis Vuitton is delighted to welcome Pharrell as its new …

It’s alive! The NFT market is twitching out of its torpor, defying reports of its demise. Total NFT sales on the ethereum blockchain – which hosts most trading – jumped …

A group-wide IT system failure at Lufthansa (LHAG.DE) stranded thousands of passengers on Wednesday, which the German airline blamed on underground engineering works at a railway station in Frankfurt cutting …

Governor Abdullahi Ganduje of Kano state has threatened to sanction banks and businesses rejecting the old naira notes. The governor cited a Supreme Court interim injunction that allowed the use …

Big agricultural and construction equipment manufacturers in the American Midwest are on a mission to lure Silicon Valley tech workers who have been caught up in a wave of hiring …

Credit cards are becoming increasingly useless in Venezuela because of high inflation and government restrictions, hurting people already struggling to meet daily needs on low salaries, banking industry sources, analysts …

The Central Bank of Nigeria (CBN) says there is no going back on the February 10, 2023 deadline for the swapping of the old N1,000, N500, and N200 notes. While …

Meticulously crafted over decades as a major revenue stream for the Kremlin, Moscow’s gas trade with Europe is unlikely to recover from the ravages of military conflict. After President Vladimir …