Elon Musk Faces New SEC Settlement Demand Amidst Ongoing Investigations
The Securities and Exchange Commission (SEC) has intensified its investigation into Elon Musk’s acquisition of X (formerly Twitter) in 2022, issuing a settlement demand...
Netflix Denies Rumored Exit from the Nigerian Market
Netflix, a global leader in video streaming services, has refuted allegations that it plans to depart Nigeria, reiterating its commitment to the country's expanding...
Bitcoin soars past $100,000 amid Trump’s pro-crypto revolution
Bitcoin has surpassed the $100,000 mark, riding a surge of investor confidence fueled by US President-elect Donald Trump's pro-crypto stance.
The world's largest cryptocurrency rose...
UBA to begin operations in France
The United Bank for Africa (UBA) is set to begin operations in France. The bank's group disclosed this in a statement on Thursday.
The group...
Multichoice Nigeria loses 243,000 subscribers in 6 months, blames economy
Multichoice Group, a South African pay-TV operator, has announced that its Nigerian branch, Multichoice Nigeria, lost 243,000 customers to its DStv and GOtv services...
NDIC begins sale of Heritage Bank assets
The NDIC has started a nation-wide auction of properties and assets formerly owned by the defunct Heritage Bank. Bashir Nuhu, the Director of Communication...
“Power Now, Pay Later” Will Be a Game Changer for SMEs...
In a significant move to empower Small and Medium Enterprises (SMEs) in Africa, Michael Olaitan, co-founder of Power Now, Pay Later - a solar...
Naira Falls to ₦1,740 in Parallel Market
As of Sunday, October 27, the parallel market exchange rate for the Nigerian naira is N1,740/$1.
However, the Naira remained constant with little appreciation in...
Aisha Achimugu Seals Multimillion-Dollar Oil and Gas Deal in Grenada
Aisha Achimugu, Group CEO of Oceangate Oil and Gas Engineering, has signed a historic multimillion-dollar agreement with Global Petroleum Group to establish one of...
First Bank denies reports of system upgrade, service disruption
First Bank has refuted rumors of a system upgrade and clarified that a recent notice regarding a shift to a new cloud-based platform was...