Business
El Salvador President, Bukele Launches Offer for External Debt Repurchase
El Salvador’s President Nayib Bukele announced on X (formerly Twitter) on Monday evening that the country has officially launched the purchase offer for...
Canal+ Offers $2.9 Billion Bid for MultiChoice, Expanding Africa Media Presence
French media conglomerate Vivendi’s Canal+ has officially submitted a $2.9 billion bid to acquire MultiChoice, the parent company of DStv and GOtv. The...
PiggyVest CEO Hints at Potential IPO in Coming Years
PiggyVest, a leading Nigerian fintech firm, may be gearing up for a public offering in the near future, according to CEO Somtochukwu Ifueze....
NERC Fines AEDC N200 Million for Overcharging Customers
The Nigerian Electricity Regulatory Commission (NERC) has levied a N200 million fine on the Abuja Electricity Distribution Company (AEDC) for unlawfully raising electricity...
The Top Ten Passports of 2024 – Nomad Index
In a world where borders are becoming increasingly fluid and global mobility is on the rise, the importance of possessing a powerful passport...
Nigerian Govt. Plans to Triple Electricity Prices To Offset Subsidy
Sources within the presidency have disclosed that the Nigerian government is planning to triple electricity prices in a bid to cut the about...
Telegram Introduces Business Features to Challenge Other Messaging Apps
Telegram launches Telegram Business, a suite of features tailored for businesses, including customisable start pages, preset replies, and chatbots. Public channels with 1,000+...
Elon Musk Pulls April Fool’s Joke, Says he is Joining Disney
Renowned billionaire entrepreneur Elon Musk announced that he would be assuming the role of Chief Diversity, Equity, and Inclusion Officer at The Walt...
VNV Global Slashes Value of Wasoko Holding by 48% Amidst Planned Merger with MaxAB
Swedish investment firm VNV Global, known for supporting startups in various sectors including mobility, health, and marketplaces, has reduced the value of its...
MTN Group Agrees to Sell Guinea-Bissau and Guinea-Conakry Interests to Telecel
MTN Group, Africa’s leading network operator by subscriber base, has agreed to an undisclosed offer from Telecel, a telecommunications service focused on Africa,...
Just In: CBN Again Raises Interest Rate to 24.75%
The Central Bank of Nigeria (CBN) has raised its benchmark interest rate, known as the Monetary Policy Rate (MPR), to 4.75%. This marks...
CBN Slashes BDC Exchange Rate to N1,269/$1
The Central Bank of Nigeria (CBN) has slashed the exchange rate within the Bureau De Change (BDC) forex market segment. On Monday, the...