Nigeria’s incoming President-elect, Asiwaju Bola Ahmed Tinubu, faces a significant economic challenge as he prepares to take office on May 29, 2023. Reports from the Debt...
Tesla Inc’s recent first-quarter results have disappointed investors, causing the company’s shares to plummet by 9.75 per cent on Thursday to $162.99. This had a direct...
Despite economic sanctions and political turmoil, Russia continues to mint billionaires. Forbes‘ annual list of billionaires revealed that the country welcomed 22 new billionaires in 2022,...
Oluwatosin Ajibade, better known as Mr Eazi, has made headlines for selling Vydia, the portfolio company of his venture capital fund, Zagadat Capital, for a whopping...
The Nigerian government is exploring options to remove subsidies without disrupting livelihoods in the country. The Permanent Secretary of the Ministry of Petroleum Resources, Amb. Gabriel...
The Ibadan Electricity Distribution Company (IBEDC) has expressed its disappointment at the monthly loss of over N130 million in revenue caused by the use of “illicit...
Forty days before the end of his tenure, the Buhari-led Federal Government has approved the sum of N1.535 trillion for the construction and rehabilitation of eleven...
The high cost of living in Lagos, Nigeria, is having immediate effects on the ability of people to make ends meet, with housing, transportation, and other...
The Chairman of Shell Companies in Nigeria, Osagie Okunbor, recently revealed that the Trans Niger Pipeline (TNP) was shut down for one year due to massive...
Billionaire businessman Femi Otedola has become the largest single individual shareholder in Transnational Corporation Plc (Transcorp), a publicly traded diversified conglomerate chaired by Mr. Tony Elumelu....