Business

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Silicon Valley Bank UK arm hands out £15m in bonuses days after £1 rescue

Silicon Valley Bank UK arm hands out £15m in bonuses days...

Between £15m and £20m in bonus payments were made to staff at SVB UK this week after...

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Ryan Reynolds' Mint Mobile sale to T-Mobile earns actor over $300m

Ryan Reynolds' Mint Mobile sale to T-Mobile earns actor...

Hollywood star Ryan Reynolds is the latest celebrity to make bank through savvy...

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Multi-billion dollar rescue deal for First Republic Bank

Multi-billion dollar rescue deal for First Republic Bank

A group of big US banks has injected $30bn (£24.8bn) into a smaller regional bank,...

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Chinese tycoon and Bannon ally Guo Wengui charged with $1bn fraud

Chinese tycoon and Bannon ally Guo Wengui charged with...

Chinese billionaire and CCP critic is accused of pocketing investment funds from...

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Credit Suisse to borrow up to $54bn amid banking crisis fears

Credit Suisse to borrow up to $54bn amid banking crisis...

Announcement comes after Zurich-based bank’s shares lost more than a quarter of...

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Inflation Hits 21.91%, As Nigerians Pay More For Bread, Yam, Others

Inflation Hits 21.91%, As Nigerians Pay More For Bread,...

Nigeria’s inflation rate rose for the second consecutive month in February to 21.91...

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Elections: NBC Sanctions 25 Broadcast Stations For Infractions

Elections: NBC Sanctions 25 Broadcast Stations For Infractions

The National Broadcasting Commission (NBC) has sanctioned 25 stations for violating...

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Lebanon’s currency value plunges to 100,000 against US dollar

Lebanon’s currency value plunges to 100,000 against US...

The value of the Lebanese pound on the parallel market is at a historic low as the...

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SVB collapse offers lesson for China: State media

SVB collapse offers lesson for China: State media

Official media say similar collapse unlikely in China but situation has ‘important...

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FAAN Announces 8 Weeks Closure of Two Lagos Airport Runways For Maintenance

FAAN Announces 8 Weeks Closure of Two Lagos Airport Runways...

The Federal Airports Authority of Nigeria (FAAN) has announced that runways 18R...

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Sir Mike Rake recruited by feared activist Elliott to burnish image

Sir Mike Rake recruited by feared activist Elliott to burnish...

Sir Mike Rake, a former BT chairman and erstwhile CBI president, will advise Elliott...

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McLaren revs up investors with £70m equity injection

McLaren revs up investors with £70m equity injection

Existing shareholders have handed the Surrey-based automotive icon £70m as part...

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Flutterwave named in Y Combinator’s top companies list

Flutterwave named in Y Combinator’s top companies list

Flutterwave, Africa’s leading payments technology company, has been named in the...

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CBN bars agents from using PoS terminals for transactions

CBN bars agents from using PoS terminals for transactions

The Central Bank of Nigeria (CBN) has barred agents from using Point of Sale (PoS)...

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Labour threatens GenCos over alleged  unfair policies

Labour threatens GenCos over alleged unfair policies

The Nigeria Labour Congress, NLC, has threatened to cripple the operations of Electricity...

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