Dell’s R&D Spendings Grew 5x to $4.9bn in the Last 5 Years

Data gathered by indicates that Dell Technologies’ expenditure on research and development has grown by five times in the last five years. According to the data, during the 2020 fiscal year, the expenditure stood at $4.9 billion.

Google Searches for Unemployment Benefits up 1,566% in the US

Data gathered by indicates that Google searches related to unemployment benefits in the United States have spiked by at least 1,566% over the last one year. The data further indicates the searches dramatically increased in March 2020.

Google Searches for Buy Stocks Up by 466% Worldwide

Data gathered by indicates that global Google searches for ‘buy stocks’ have spiked by at least 466% between March 31, 2019, and March 27th this year. According to the data, there was a significant spike in the wake of rising COVID-19 cases.

Global Bitcoin Mining Revenue Increased Ten Times in the Last Three Years

The impressive growth of cryptocurrencies over the last year was followed by a surge in coin mining, as a way of investing in virtual currencies without having to put down money for it.

ADB floats $3b bond to alleviate pains of COVID-19 in Africa

The African Development Bank (ADB) has raised a $3 billion bond instrument in a three-year tenure to help alleviate the impact of COVID-19 pandemic in Africa.

According to ADB Group, the bond is the largest social bond ever launched in international capital markets , and the largest dollar benchmark ever issued by the bank. It will pay an interest rate of 0.75 percent.

ZOOM Downloads Increase 1,270% from Employers Working from Home

Data gathered by indicates that downloads for video conferencing and online meetings platform Zoom dramatically increased by 1,270% between February 22 and March 22. The spike in downloads is due to many people working from home as a result of the Coronavirus.

World’s Five Largest Banks see Investment Banking Revenue Slide to $26.1bn in 2019

Trade tensions, slow growth, and low-interest rates all left their mark on the world’s largest banks last year, affecting the investment banking revenue they racked up.

European Business P2P Lending Industry to Reach $6.5bn Value This Year

Over the last decade, business peer-to-peer lending, also known as crowdlending, has become an appealing alternative financial source for many European companies. Although lending platforms are not immune to the disruption caused by the pandemic, the latest data show that P2P investments may be unrelated to the stock market slides caused by the coronavirus outbreak.

Digital Payments in Europe to Surpass $802bn Transaction Value This Year

The increasing number of mobile phone users and the massive growth of eCommerce have led to the rapid adoption of digital payments all over the world. Cashless payments have become an appealing alternative to many European consumers, as well, causing a significant impact on the payments industry traditionally dominated by cash, credit cards, and debit cards.

NDIC completes payment of depositors of failed banks

Nigeria Deposit Insurance Company (NDIC) has completed payments to all depositors of 18 closed failed Banks all their monies trapped in such banks.

These include insured and uninsured monies.

The Managing Director/Chief Executive Officer of NDIC, Alhaji Umaru Ibrahim dropped the hint while delivering an address during the NDIC day held yesterday at the ongoing 31st Enugu International Trade Fair.