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

Business

Americans Spent a Whopping $30 Billion on Cannabis In 2022, Projected to Hit $57 Billion By 2028

Adam Smith | Finance Contributor -
USA - Legal cannabis sales in the United States have surged, reaching new heights and surpassing other popular consumer products such as chocolate, craft...
Business

Aliko Dangote Set to Buy French Ligue 2 Club Valenciennes

Felix Ojong | Sports Reporter -
LAGOS, Nigeria - Africa’s richest man and CEO of the Dangote Group, Aliko Dangote, is said to be close to acquiring 60% ownership of...
Business

Excessive Insurance Premiums: Curbing The NAICOM Cartel and Its Cut-Throat Practices (READ)

Opinions | The Trent -
As last year drew to a close, the 58 insurance firms in Nigeria under the umbrella of the National Insurance Commission (NAICOM) served notice...
Business

Power Plunge: National Grid Generation Dips Below 4,000MW, Leaving Customers in the Dark

Ebenezer Olatunji | News Reporter -
ABUJA, Nigeria - Power generation to the national grid dipped below the 4,000 megawatts mark over the weekend, leaving customers across the country with...
Business

Air Peace CEO Allen Onyema Offers To Evacuate Stranded Nigerians From War-Torn Sudan

Inah Emmanuel | News Reporter -
LAGOS, Nigeria - Allen Onyema, the chairman and CEO of Air Peace, has offered to evacuate Nigerians stranded in war-torn Sudan free of charge. In...
Business

Chinese Tech Giant Alibaba Unveils AI Chatbot Tongyi Qianwen to Rival ChatGPT

Manny Akpan | Business & Economy Editor -
HONG KONG, China - Chinese technology giant Alibaba has announced plans to roll out its own artificial intelligence (AI) ChatGPT-style product called Tongyi Qianwen. The...
Business

Peak Milk Faces Backlash Over Insensitive Easter Advert, CAN Demands Apology

Kenneth Ebelemi | Sub Editor -
LAGOS, Nigeria - FrieslandCampina WAMCO Nigeria PLC, the company behind Peak Milk, has come under fire from the Christian Association of Nigeria (CAN) following...
Business

Airlines Threaten to Cease Operations Due to $802 Million Trapped Funds in Nigeria

Inah Emmanuel | News Reporter -
GENEVA, Switzerland - The International Air Transport Association (IATA) has warned the Nigerian government sternly, stating that airlines may halt operations in the country...
Business

Nigerian Banks to Increase Cash Withdrawal Limits In Currency Circulation Efforts

Ekamma Jacobs | Staff Reporter -
LAGOS, NIGERIA - Nigerian Deposit Money Banks (DMBs) are planning to raise their cash withdrawal limits from the current range of N20,000-N50,000 to over...
Business

Buhariconomics: Foreign Airlines Trapped Cash Now $743.7 Million

Wires Editor | The Trent -
Foreign airlines’ funds trapped in Nigeria has risen to $743 million from $662 million, the International Air Transport Association, IATA, said on Tuesday, March...
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