This is the terrifying moment a brand new £700,000 ($940,000) yacht overturned and sank just 15 minutes after being launched into the water, forcing its […]
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French media giant acquires MultiChoice in $3bn deal, gains full control of DStv, GOtv
French media conglomerate Canal+ has officially acquired full ownership of MultiChoice Group, the parent company of DStv and GOtv, in a landmark $3 billion (approx. […]
Best performing dollar mutual funds in Nigeria in H1 2025
Nigeria’s dollar mutual funds continued to attract investor interest in the first half of 2025, with the Net Asset Value (NAV) rising by 12.4% to […]
Finally, CBN reveals Nigeria’s “Net External Reserves” figure
The Central Bank of Nigeria (CBN) has finally disclosed Nigeria’s Net Foreign Exchange Reserves (NFER), following repeated calls by experts. According to the CBN, the […]
Tether’s Bitcoin holdings top $8.29 billion after latest $735 million BTC purchase in Q1 2025
Tether, the leading issuer of the USDT stablecoin, has deepened its Bitcoin investment strategy by acquiring an additional 8,888 BTC on the final day of […]
Nigerians got N470 billion personal loans from banks in three months – CBN
The Central Bank of Nigeria (CBN) has revealed that Nigerians secured personal loans amounting to N470 billion from banks within the last three months of […]
Ponzi schemes promoters in Nigeria now face 10 years jail term—SEC DG
SEC DG, Emomotimi Agama The Director-General of the Securities and Exchange Commission, Mr. Emomotimi Agama, has said that the new Investment and Securities Act (ISA […]
Truck ban will reduce fuel supply to North – NARTO expresses concerns
The Nigerian Association of Road Transport Owners NARTO has expressed concern over the potential impact of the Federal Government’s impending ban on large tankers carrying […]
State of the Nation: Peter Obi wouldn’t have done anything differently – Businessman, Cosmas Maduka
Business magnate, Cosmas Maduka, is of the opinion that the Labour party presidential candidate, Peter Obi, would not have done anything different from what the […]
Oil money key to Nigeria’s economic diversification and development – Elumelu
The Chairman of Heirs Holdings, Mr Tony Elumelu, has emphasised the need for increased oil production to fund Nigeria’s economic diversification and development. Speaking on […]