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

Business

Surge in Fraud Cases Rocks Nigerian Banks, Fueling Concerns Over Insider Involvement

Manny Akpan | Business & Economy Editor -
LAGOS, Nigeria — Nigerian deposit money banks are grappling with a staggering increase in fraud cases and financial losses, as revealed in a report...
Business

Elon Musk Takes Aim at PayPal with a Revolutionary Twitter Payment Model

Adam Smith | Finance Contributor -
NEW YORK, USA - Elon Musk, the billionaire entrepreneur behind Tesla and SpaceX, is no stranger to making headlines or influencing markets. According to Charles...
Business

Unpaid Bills: Benin, Togo, and Niger Owe Nigeria Over N132.2 billion for Electricity Supply

Wires Editor | The Trent -
ABUJA, Nigeria - Foreign consumers in Benin, Togo, and Niger owe Nigeria a staggering sum of N132.2 billion for electricity supply from 2018 to...
Business

Forex Fluctuations Fuel Fears: Nigeria Braces for Petrol Price Hike

Manny Akpan | Business & Economy Editor -
ABUJA, Nigeria - Amidst the escalating dollar rates, especially in the parallel market, oil marketers have warned of an imminent rise in petrol prices. They...
Business

Azman Air Suspends Operations After 9 Years Citing ‘Operational Challenges’

Manny Akpan | Business & Economy Editor -
ABUJA, Nigeria — Azman Air, after nine years of scheduled operations, has reportedly ceased its services. However, the airline's spokesperson, Mr. Nurudden Aliyu, contends that...
Business

Steep Hike in Gas Prices Looms as Nigeria Faces International Pressure

Inah Emmanuel | News Reporter -
LAGOS, Nigeria — A wave of rising prices awaits Nigerian gas consumers as marketers prepare for a significant rate bump starting next week. As Nigerians...
Business

Nigerian Content Creators Rejoice as X (formerly Twitter) Initiates Revenue Sharing

Mitchel Jordon | Tech Contributor -
NEW YORK, USA - X, previously known as Twitter, has started compensating Nigerian creators and influencers for their content through its ad revenue-sharing model. Payments...
Business

Norwegian Regulator Slaps Meta with Daily Fines Over Targeted Ads

Ella Ukairo | Tech Reporter -
OSLO, Norway - Norway’s premier data protection agency, Datatilsynet, has taken a bold stand against Meta Platforms, Inc. (previously known as Facebook, Inc.), issuing...
Business

Battle of the Billionaires: Mark Zuckerberg Taunts Elon Musk Ahead of Cage Match

Ella Ukairo | Tech Reporter -
NEW YORK, USA - Mark Zuckerberg, CEO of Meta, has taken a playful jab at Tesla and SpaceX CEO Elon Musk's recent announcement about...
Business

Nigerian Firm, Melka West Africa, in Tug-of-War with Navy, EFCC Over Disobeyed Court Rulings

Ekemini Ekwere | News Reporter -
ABUJA, Nigeria - A Nigerian firm, Melka West Africa Limited, has launched a blistering public challenge against the Nigerian Navy and the Economic and...
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