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Business
Elon Musk dissolves Twitter’s board, becomes sole director
Elon Musk has dissolved Twitter’s Board of Directors, four days after acquiring the social media company. The move was announced in a document filed by the company to the US Security and…
Naira redesign: Emefiele confirmed Arabic inscription won’t be removed – Sanusi
Former Emir of Kano, Muhammadu Sanusi, has assured that the Arabic inscription in the naira notes would not be removed from the redesigned currency. Sanusi claimed the Central Bank of…
Rail transport revenue rises 42% to N2.93trn in 6 months
Rail transport revenue grew year-on-year (YoY) by 42 percent to N2.93 trillion in the first six months of this year (6m’22) (January to June) from N2.07 trillion in the corresponding period of…
Contractors hand over completed $1.5bn Lekki Port to owners
AHEAD of the commissioning of the $1.5billion Lekki Deep Seaport next month, the Port has been handed over to Tolarams Group by China Harbours, the contractor that constructed the facility.…
Dangote Sugar posts N36.27 billion profit in nine months
Nigeria’s largest sugar refinery, Dangote…
FCMB MD, Yemisi Edun, Bags Chartered Institute of Bankers Fellowship
In recognition of her…
Tinubu to present ‘action plan’ to private sector leaders in Lagos
Bola Tinubu, the All Progressives Congress presidential candidate, will, on Tuesday, present his ‘Action Plan’ to the leaders of the organised private sector in Lagos. Bayo Onanuga, the APC…
Twitter to start charging $20 per month for verification
Twitter may begin charging its users up to $20 per month as part…
CBN has my backing to redesign naira notes, Nigerians with legitimate income have nothing to fear…
President Muhammadu Buhari…
Aggrieved workers transfer N483bn to new PFAs
No fewer than 109,522 workers have transferred their Retirement Savings Accounts to other Pension Fund Administrators since the National Pension Commission opened the transfer window in…
Dollar hits N785 as politicians flood BDCs with expiring naira notes
The naira has suffered further depreciation at the parallel market, currently trading for N785 against the dollar. The dollar sold at N785 on Friday evening, according to Aboki Forex, a…
Diddy becomes Hip-Hop’s new billionaire, replaces Kanye West
Sean Combs popularly known as Diddy, has officially become Hip-Hop’s new billionaire, as he replaces Kanye West who reportedly lost $2billion in a day and dropped to an estimated…
JUST IN: Buhari Approved Naira Redesign – CBN Replies Finance Minister
The Central Bank of Nigeria (CBN) has said it followed due process as far as redesigning three series of the naira is concerned. Spokesman of the apex bank, Mr. Osita Nwanisobi, said this…
Union Bank shares: Titan Trust N7 per share MTO excites minority shareholders
Minority shareholders of Union Bank of Nigeria (UBN) have expressed satisfaction with the announcement of a N7 per share premium Mandatory Takeover Offer (MTO) by Titan Trust Bank Limited (TTB),…
Addax workers resume strike, deplete Nigeria’s oil production
About 324 Nigerian employees of Addax Petroleum Development Nigeria have resumed their suspended strike due to the inability of the Federal Government and management of the company to address…
Investors Drag Estate Of Late Bukka Hut Co-Founder, Laolu Martins To Court
Following the controversy surrounding the death of Laolu…
‘The Bird Is Freed’ – Elon Musk Reacts After Twitter Deal
Billionaire Elon Musk, has said that the ‘bird’ is freed after he acquired…
$2.5m Daily Revenue Pushes TikTok To Highest-Grossing Social App
Short video-sharing platform TikTok now generate $2.5 million in daily revenue, ranking it among the social media apps generating the highest revenue, and building on its recent global success.…