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Business

Tyrese’s Social Media Post Costs Dr Dre $200 Million in Apple’s Beats Acquisition

LOS ANGELES, USA - Back in 2014, Dr Dre's brash social media boasting cost him $200 million in what was then the most expensive...

Retired Senior Manager Wins Landmark Court Victory Over Union Bank for Gratuity Shortfall

LAGOS, Nigeria – In an epoch-making ruling, the National Industrial Court, Lagos division, has ordered Union Bank of Nigeria Plc to pay Asenime Claire...

Back on Top: Elon Musk Reinstated as World’s Richest Person

NEW YORK, USA - Elon Musk, CEO of electric automaker Tesla, TSLA, and space exploration firm SpaceX, has reclaimed his position as the world's...

Unearthing Dangote’s Legacy: The Wealthy Roots of Africa’s Richest Man

LAGOS, Nigeria — A fact-check by The Trent, a leading Nigerian media organization, has brought to light the early financial backing of Aliko Dangote,...

Tinubu Announcement: Fuel Scarcity Hits Grips Nigeria as APC Governors Accuse Marketers of Hoarding

ABUJA, Nigeria - A sudden bout of fuel scarcity has caught motorists, workers, and traders off-guard across states and the Federal Capital Territory, FCT,...

Major Shakeup in Finance Sector as Nigeria’s Central Bank Revokes 139 Licenses [FULL LIST]

LAGOS, Nigeria - The Central Bank of Nigeria, CBN, has made a substantial and surprising move, revoking the operating licenses of 139 financial institutions...

A New Chapter in Africa’s Oil Industry: Dangote Unveils World’s Largest Single-Train Refinery

LAGOS, Nigeria - The Nigerian landscape has forever been changed with the inauguration on Monday, May 22, 2023, of the world's largest single-train refinery. The...

Federal Government Orders Probe Into First Bank’s Alleged Forgery Reported By British School

LAGOS, Nigeria - The Whiteplains British School, WBS, has publicly praised the Federal Government's decision to investigate allegations of forgery and criminal breach of...

Elon Musk Appoints New CEO for Twitter and She’s Female

In a move that has been anticipated for months, billionaire Twitter owner Elon Musk announced on Thursday, May 11, 2023, that he has hired...

Post-Kanye Era? Adidas to Liquidate Yeezy Inventory for Philanthropy

NEW YORK, USA - Adidas, the renowned German sportswear giant, announced its plans on Thursday, May 11, 2023, to sell a significant portion of...

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