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

Business

Nigerian Gov’t Fines Meta $220 Million Over Consumer Protection Violations

Ella Ukairo | Tech Reporter -
ABUJA, Nigeria - The Federal Competition and Consumer Protection Commission, FCCPC, has imposed a $220 million fine on Meta, the parent company of WhatsApp,...
Business

Microsoft Glitch Shuts Down Flights, Disrupts Businesses Globally

Ella Ukairo | Tech Reporter -
REDMOND, USA - A massive IT glitch caused by a problem with Microsoft cloud computing services early Friday, July 19, 2024 has disrupted major...
Business

Nigerian Content Creators to Begin Earning Ad Revenues on Facebook, Instagram

Ella Ukairo | Tech Reporter -
MENLO PARK, USA - In a significant boost to the creative industry, Nigerian content creators can now monetise their work on Facebook and Instagram,...
Business

US Supreme Court Rejects Controversial Opioid Settlement Shielding Sackler Family

Ima Matthew | Sub Editor -
WASHINGTON DC, USA — The US Supreme Court on Thursday, June 27, 2024, rejected a contentious settlement that would have allocated billions of dollars...
Business

Dangote Refinery Raises Alarm on Stiff Opposition Amid Efforts to Lower Nigeria’s Fuel Prices

Manny Akpan | Business & Economy Editor -
LAGOS, Nigeria — Local and international vested interests are allegedly working to thwart the progress of the newly established Dangote Oil Refinery and Petrochemicals,...
Business

Nvidia Becomes World’s Most Valuable Company, Surpassing Microsoft

Ella Ukairo | Tech Reporter -
NEW YORK, USA - Nvidia, the shining star of Wall Street's artificial intelligence boom, has emerged as the most valuable company in the world,...
Business

Boeing Accused of Hiding Dubious 737 Max Parts by Whistleblower

Manny Akpan | Business & Economy Editor -
WASHINGTON DC, USA - In a damning Senate subcommittee investigation revealed Tuesday, June 18, 2024, a Boeing employee has accused the company of concealing...
Business

Nigeria’s Central Bank Revokes Heritage Bank’s License

Manny Akpan | Business & Economy Editor -
ABUJA, Nigeria — The Central Bank of Nigeria, CBN, has announced the immediate revocation of Heritage Bank Plc's operating license. This decisive action, authorised under...
Business

Why Thieving Assistant Murdered Gokada Founder Fahim Saleh

Silas Ebeh | Crime Reporter -
NEW YORK, USA — Shocking details have emerged regarding the murder of Fahim Saleh, the venture capitalist and CEO of Nigeria-based motorbike startup Gokada. Tyrese...
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...
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