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Money makes the world go round, learn about those who spin the wheel

Business

‘Nigerian Officials Demanded $150 Million Bribe in Cryptocurrency,’ Binance CEO Says

Manny Akpan | Business & Economy Editor -
GEORGE TOWN, Malta - Richard Teng, CEO of Binance, the prominent cryptocurrency trading platform, has alleged that unknown individuals attempted to solicit a bribe...
Business

Microsoft Pulls Plug in Nigeria, 200 Workers Face Uncertain Future

Ella Ukairo | Tech Reporter -
LAGOS, Nigeria - Microsoft is reportedly considering shutting down its African Development Centre (ADC) in Lagos, Nigeria. This decision has sent shockwaves through the local...
Business

Bolt Nigeria Cuts Nearly Half Its Staff Amid Economic Challenges

Manny Akpan | Business & Economy Editor -
LAGOS, Nigeria - Bolt Nigeria has dismissed 22 of its 45 employees, affecting nearly half of its workforce in the country, including key senior...
Business

Fugitive Binance Executive Traced to Kenya, Extradition Talks Underway with Nigeria

Okechukwu Nwokoye | Sub Editor -
ABUJA, Nigeria - The Federal Government of Nigeria has successfully traced Nadeem Anjarwalla, a fleeing Binance executive, to Kenya. Anjarwalla had escaped from custody in...
Business

Roberto Cavalli, Icon of Italian Fashion and Champion of Maximalism, Dies at 83

Anita Sunday | Society Reporter -
FLORENCE, Italy - Roberto Cavalli, the celebrated Italian fashion designer known for his vibrant, pattern-rich designs and luxurious lifestyle, has passed away at the...
Business

Dangote Predicts Diesel Price Cut to Drive Down Nigeria’s Inflation Rate

Manny Akpan | Business & Economy Editor -
LAGOS, Nigeria - Aliko Dangote, the chairman of the Dangote Group, expressed confidence that the recent reduction in diesel costs would lead to a...
Business

The Next Tech Frontier: Microsoft Projects AI to Power $1.2 Trillion African Boom

Ella Ukairo | Tech Reporter -
LAGOS, Nigeria - In a recent presentation at the African AI Journalists Academy, Microsoft projected a significant economic boon for Africa through Artificial Intelligence...
Business

Tax Evasion Arraignment of Binance Executives Stalled Due to Service Issues

Manny Akpan | Business & Economy Editor -
ABUJA, Nigeria—The arraignment of Binance Holdings Limited and two of its executives, Tigran Gambaryan and Nadeem Anjarwalla, has been postponed on Thursday, April 4,...
Business

Chioma Okoli: CSO Appeals to Women Affairs Minister’s Intervention Over Tomato Paste Review

Doyin Ajayi | Sub-Editor -
LAGOS, Nigeria - The Akin Fadeyi Foundation (AFF), a civil society organisation, has made a fervent appeal to Uju Kennedy-Ohanenye, Nigeria's Minister of Women...
Business

Binance Executive Escapes Detention in Nigeria, Flies Out of Country

Manny Akpan | Business & Economy Editor -
ABUJA, Nigeria - In a dramatic twist to the cryptocurrency regulation saga in Nigeria, Nadeem Anjarwalla, a senior executive of the global cryptocurrency exchange...
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