Business
Ten Nigerian Banks Breaking Barriers: Female CEOs Leading the Way
In a notable stride towards gender diversity and leadership empowerment, ten Nigerian banks are currently spearheaded by female CEOs. These women are breaking...
Apple’s Market Value Drops by $113 Billion Amid Regulatory Pressures
Apple, under the leadership of Tim Cook, faced a significant setback as its market valuation plummeted by $113 billion on Thursday, reflecting an...
U.S. Sues Apple for “Illegally Monopolising iPhone, Smartphone Market”
The United States government, joined by 16 states and the District of Columbia, has filed a landmark antitrust lawsuit against Apple, accusing the...
Abia Governor Commissions Reconstruction of Arochukwu Road Abandoned for Decades
Governor of Abia State, Alex Otti, has commissioned the reconstruction of the long-neglected 30-kilometer Arochukwu-Ndiokereke-Okobo-Ozuabam Road. Speaking at the flag-off ceremony held at...
Swiss National Bank Cuts Interest Rate by 0.25%
The Swiss National Bank (SNB) has, on Thursday, cut interest rates for the first time since June 2022, becoming the first major central...
Police Busts Fake Alcohol Factory in Lagos, Arrests Four
The Nigeria Police Force busted an illicit factory producing fake alcoholic beverages in Lagos State. According to Benjamin Hundeyin, spokesperson for the state...
SEC Rejects PZ Cussons’ Request to Buy Out Shareholders and Delist
The Securities and Exchange Commission (SEC) has halted PZ Cussons Nigeria’s attempt to acquire the company fully and take it private. This marks...
Access Holdings Set to Acquire National Bank of Kenya Ltd
Access Holdings, the parent company of Access Bank, has announced its plans to acquire the National Bank of Kenya Limited (NBK) from the...
Moove Secures $100M Led by Uber for Ride-Hailing
According to TechCrunch, car-financing startup Moove has raised $100 million in a Series B round reportedly led by Uber. This funding round brings...
Telegram Raises $330 Million Through Bond Sales, Eyes Profitability and Potential IPO
Telegram founder and CEO Pavel Durov announced today on his channel that the company successfully raised $330 million in investment through bond sales...
Pan African Towers Appoints Oladipo Badru as new Chief Financial Officer
Pan African Towers, a Nigerian digital infrastructure provider, has named Oladipo Badru its new Chief Financial Officer (CFO). The appointment follows recent investments...
Federal Court Orders Binance to Disclose Names and Details of its Nigerian Users to EFCC
A Federal High Court in Abuja has ordered Binance Holdings Limited to furnish the Economic and Financial Crimes Commission (EFCC) with details regarding...