Following the opening ceremony for what was India's biggest-ever IPO, shares in mobile payment giant Paytm lost a quarter of their value.
The billionaire CEO of the electric car maker has taken advantage of a nearly six-month meteoric rally in the stock price that vaulted the firm's value to over $1 trillion.
The world's richest man sold about 900,000 shares of his company Tesla after asking Twitter followers whether he should sell 10% of his stocks. But documents showed the sale was put in motion much before the poll.
Shares in Facebook slumped by almost five percent on Wall Street on Monday after its services – including Instagram and WhatsApp – were knocked offline for several hours by a technical problem. Technology shares in general saw a selloff too, including Facebook's rivals like Twitter. Around $6 billion was wiped off the personal fortune of CEO Mark Zuckerberg. Also today, oil prices have jumped after the latest decision by OPEC and its allies not to increase supplies at a faster pace.
29 Aug 2020
On Guardian talks, Nkem Okocha, Founder/CEO, Mamamoni shares how she is helping disadvantaged and rural women get access to finance for their business and how to rebuild the economy of Nigeria's most-vulnerable women post-pandemic.
2 Jul 2020
Entertainer, WestyBaba, also known as Educated Area Boy, shares his struggles on Popsicles with managing his multiple talents, growing up on the street of Lagos, working on Jenifa's diary and Alacada.
20 Jul 2019
Airtel Africa shares lost another 10 percent on its third trading session bringing its share price to 323 Naira 5 Kobo. Andrew Tsaku, Trader at Kapital Care Trust joins CNBC Africa for more.
30 Jun 2019
Ellah Lakes has listed an additional 1.8 billion ordinary shares of 50 Kobo each on Nigeria’s equities market. This comes as the company announced its 100 percent equity acquisition of Telluria. Chuka Mordi, Managing Director and CEO of Ellah Lakes joins CNBC Africa for more.
3 Jan 2019
Apple shares are falling in afterhours trade as the tech giant lowered its sales outlook citing poor iPhone demand from China and fewer users upgrading their phones as well.
1 Feb 2017
Medview Airline Lists Over 9.750Bn Shares On NSE To Go Public.