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Business

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

Business

In Pursuit of Profits: Musk Announces Sweeping Twitter Purge of Inactive Accounts

Kenneth Ebelemi | Sub Editor -
NEW YORK, USA — Elon Musk, who acquired Twitter for $44 billion last year, announced on Monday, May 8, 2023, that the platform will...
Business

Dangote Refinery Set for Inauguration, Marking Milestone In Journey Towards Self-reliance

Ima Matthew | Sub Editor -
LAGOS, Nigeria — President Muhammadu Buhari is set to commission the Dangote Refinery, the world's largest single-train refinery, in Lagos State on May 22nd,...
Business

Konga Warns Shoppers of Fraudulent Website in Latest Online Retail Scam

Manny Akpan | Business & Economy Editor -
LAGOS, Nigeria - In the latest example of digital deception, the popular Nigerian online marketplace, Konga, has warned its customers about a fraudulent website...
Business

Adidas vs. Shareholders: Lawsuit Filed Over Company’s Response to Kanye West’s Problematic Conduct

Adam Smith | Finance Contributor -
Adidas, the global sportswear giant, is facing a class-action lawsuit filed by investors, accusing the company of overlooking the erratic behavior of the artist...
Business

Noodle Nightmare: Indomie Recalls Products in Taiwan and Malaysia Over Health Concerns

Salisu Sulaimon | Sub-Editor -
JAKARTA, Indonesia - Indofoods, an Indonesian food giant and one of the world's largest makers of instant noodles, has defended the safety of its Indomie...
Business

Dana Air Faces Lawsuit as Gubernatorial Candidate Seeks N50 Million in Damages

Bayo Adegbite | Politics Reporter -
IBADAN, Nigeria - In a dramatic turn of events, Olufemi Ajadi, the New Nigeria People’s Party, NNPP, gubernatorial candidate in Ogun State, has threatened...
Business

Elumelu Triumphs Over Otedola in High-Stakes Transcorp Power Struggle

Hope Sampson | Sub Editor -
LAGOS, Nigeria - In a surprising turn of events that has shaken Nigeria's business landscape, billionaire Femi Otedola has made a strategic exit from...
Business

Global Travelers Brace for Potential Airfare Hike Amid Rising Exchange Rates

Inah Emmanuel | News Reporter -
ABUJA, Nigeria - International passengers might have to dig deeper into their pockets to pay for airfares due to the rising foreign exchange rates...
Business

Elumelu Holds Steady Amidst Otedola’s Transcorp Share Acquisition Surge

Hope Sampson | Sub Editor -
LAGOS, Nigeria - Despite Femi Otedola's strategic acquisition of shares in Transnational Corporation Plc (Transcorp), Tony Elumelu remains unfazed, holding firm control of the...
Business

Cloud Gaming Clash: UK Regulator Blocks Microsoft’s Activision Blizzard Acquisition

Mitchel Jordon | Tech Contributor -
LONDON, United Kingdom - The United Kingdom's Competition and Markets Authority (CMA) has blocked Microsoft's $69 billion purchase of Activision Blizzard, citing concerns that...
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