Business

CBN Appoints New Executives for Union, Polaris, Keystone Banks

Hours after the dissolution of the Board and Management of Union Bank, Keystone Bank and Polaris Bank, the Central Bank of Nigeria (CBN), on Wednesday, appointed new executives to oversee the affairs of the three banks. The apex bank, in a statement by its spokesperson, Sidi Hakama, announced Yetunde Oni as the Managing Director and […]

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Business

Bitcoin Exchange-Traded Funds Approval May Spark Price Increase to About $60,000

The SEC approval of Bitcoin Exchange-Traded Funds (ETFs) signals a landmark moment for both Bitcoin and the broader cryptocurrency market, and could send prices skyrocketing in the longer-term with BTC prices perhaps hitting $60,000 this quarter, predicts the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The bullish […]

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Gadgets and Device

TECNO Kicks-off  2024 with N108m Prizes Give-away in ‘Spark 20 Promo’ Campaign

In a thrilling start to the new year, TECNO is unleashing an exciting promo for its users and customers across Nigeria. This promo promises many fantastic prizes, including cashback, fabulous gifts, and the coveted SPARK 20 phones throughout January 2024.  TECNO is offering its customers and fans an opportunity to win cashback, gifts, and SPARK […]

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Business

Dangote Reclaims Top Position As Africa’s Richest Person

Nigerian businessman and philanthropist, Aliko Dangote, has reclaimed his position as the richest person in Africa, according to Forbes Real-Time Billionaires. Last week, South African business tycoon, Johann Ruper, took over the position from Dangote as African richest. According to the ranking as of January 8, Dangote’s net worth improved by $10 million to $10.1 […]

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Business

Desktop Video Ads Facing Third Year of Decline as Total Spending Forecast to Drop by 1.4% in 2024

Over the past six years, brands and companies worldwide have spent almost $760bn on video advertising. The amount of money spent on video ads per year has jumped nearly five times in this period, rising from $35.5bn in 2017 to $176.6bn last year. And while the global video ad spending is set to grow by […]

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News

FaceBook Founder, Zuckerberg Finds New Passion in Cattle Rearing, Promised Best Beef

Founder of social media platform, Facebook, Mr Mark Zuckerberg, has found a new passion that no one saw coming. The serial entrepreneur today posted on Facebook his latest passion, said he has started raising cattle at Ko’olau Ranch on Kauai, and that his goal is to create some of the highest quality beef in the […]

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Financial

President Tinubu Battles Financial Profligacy in Governance, Slashes Travel Delegates by 60%

President Bola Tinubu has directed a major slash of travel delegations for all Federal Government official trips within and outside the country in a bid tackle financial profligacy in governance The Special Adviser on Media and Publicity, Ajuri Ngelale, disclosed this on Tuesday during a press briefing at the State House in Abuja. He said […]

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News

NCC Issues 14-Days Vacation-Order to Telecoms Operators on 5.4 GHz Frequency Band, Warns of Criminal Charges

The Nigerian Communications Commission (NCC), has warned telecommunications service providers, private/public organizations to stay clear from approved used of 5.4 GHz frequency band spanning 5.430 – 5.725 GHz range is a licensed frequency in Nigeria. The Commission is a statement by the Director, Public Affairs of the NCC, Mr Reuben Muoka, said that the transmission […]

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News

Respite for Consumers as Dangote Refinery Set for Petroleum Products Production

Dangote Refinery appears set to commence production of refined petroleum products with the receipt of the sixth batch of barrels of crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL). The fresh one million Agbami barrels of crude via MT ALMI SUN is the last cargo to complete the initial scheduled 6 million barrels […]

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Business

Dangote Group Explains EFCC Visits, Assures of Commitment to Investigation

The Dangote Group has clarified the recent visit of officials of the Economic and Financial Crimes Commission (EFCC) to its office but assured of its commitment to helping the agency with its investigations. EFCC officials visited the Dangote Group headquarters in Lagos over details of foreign exchange allocated to it by the Central Bank of […]

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