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

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...
Business

Forbes: Rupert, Dangote Top Africa’s Richest List, Rabiu and Adenuga Miss Spot in Top 5

Manny Akpan | Business & Economy Editor -
LAGOS, Nigeria — Forbes magazine's latest list of the wealthiest individuals in Africa reveals that two of Nigeria's most prosperous entrepreneurs, Abdul Samad Rabiu,...
Business

Billionaire Abdul Rabiu Invests Additional $4.8 Million in BUA Cement

Manny Akpan | Business & Economy Editor -
LAGOS, Nigeria - Abdul Samad Rabiu, the chairman of BUA Group, has invested an additional $4.8 million into BUA Cement Plc. As per a recent...
Business

Ibom Air Apprehends Alleged In-flight Laptop Thief Amid Crackdown on Airborne Crime

Ekemini Ekwere | News Reporter -
UYO, Nigeria - A suspect identified as Ogeneochuko David was apprehended on Tuesday, July 25, 2023, on Ibom Air’s Lagos-to-Abuja flight for allegedly stealing...
Business

South African Diamond Tycoon Nicky Oppenheimer Rakes in $370 Million in 17 Days

Manny Akpan | Business & Economy Editor -
JOHANNESBURG, South Africa - Nicky Oppenheimer, the second richest man in South Africa and third in Africa, has seen his fortune grow by a...
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