Business

  The Founder and former Chief Executive Officer (CEO) of Twitter, Jack Dorsey has created a new social platform called ‘Bluesky.’ This is coming barely one week after the United States’ richest billionaire, Elon Musk acquired Twitter with a whopping ...

  Academic Staff Union of Universities, ASUU, has accused the Federal Government of trying to break its ranks by selecting some medical lecturers for payment of their withheld salaries, while other academic staff are left unattended to. Specifically, the union ...

  Emirates Airlines yesterday announced the indefinitely suspension of flight operations to Nigeria over its inability to repatriate blocked funds. The airline, in a statement, said the suspension took effect from October 29, saying that its position had been communicated ...

  The Central Bank of Nigeria (CBN) has advised students to use the e-Naira platform to pay school fees and other payments. The advice came during a sensitization on e-Naira at the University of Lagos, Akoka, Lagos. Director of, Information ...

  The first draw of the ongoing Polaris Save & Win promo is scheduled to hold on November 4, 2022. The draw which would be conducted electronically, holds at the Bank’s Victoria Island, Lagos headquarters, and would be broadcast live ...

  New Twitter owner Elon Musk said Wednesday that it would be “a few more weeks” before any banned accounts — such as that of former US president Donald Trump — may be restored on the platform. Twitter users have ...

  Elon Musk, a multibillionaire entrepreneur, has disbanded Twitter’s board of directors, the social media firm he recently acquired. He fired all nine members of the board, making him the sole director of the microblogging platform. Earlier on Friday, Musk ...

  Club goers last night paused to mourn the loss of Davido’s son, 3-year old Ifeanyi as his song came up. In the now viral video, the club goers paused as the song ‘stand strong’ came up. The video was captioned “this ...

  The naira fell to N818/$1 at the parallel market on Monday in Abuja and N815 in Lagos as it continued to lose its value. Investigations by Daily Trust revealed that the naira is currently under high selling pressure in ...

  This is part of a premium service that will be rolled out under Elon Musk’s leadership, according to a report. “The whole verification process is being revamped right now,” Musk, who took over as the CEO of the social ...

Elon Musk has completed his $44bn takeover of Twitter, taking control of the company and reportedly firing several top executives, including the chief executive, Parag Agrawal. The world’s richest man tweeted “the bird is freed”, in a reference to Twitter’s ...

The Lagos State Government says plans are underway to ban the sale of plastic bottled drinks exposed to the sunlight. The General Manager, Consumer Protection Agency (LASCOPA), Mr Afolabi Solebo made this known in an interview with the News Agency ...

Germany on Wednesday paved the way to Legalising the purchase and possession of small amounts of marijuana for recreational use, as well as its production. “The federal cabinet today agreed the key points for the controlled distribution of cannabis to ...

  The Lagos State High Court sitting in Osborne, Ikoyi has granted an order of Mareva injunction restraining all commercial banks in the country from releasing or dealing in any manner with any money or assets due to Chinmark Group ...

  Kanye West could lose his billionaire status after being dropped by Adidas amid growing backlash over his anti-Semitic rants. The rappers $220million annual deal with the German sports brand, which is worth $1.5billion in total, has been terminated after his controversial ...

  The Central Bank of Nigeria (CBN) yesterday announced the introduction of a National Domestic Card Scheme which is effective January 16, 2023. The move is aimed at promoting stability, inclusion and growth in the financial and payment system and ...

  About five days after Nigeria LNG Limited (NLNG) declared a force majeure or a major halt in gas production, consumers are lamenting a fresh hike in cooking gas prices in Abuja and its environs. Mrs Onyeka Odoh, a resident ...

  Pound Begins To Rise Against The Dollar As News Of Liz Truss’s Resignation Hits The Markets Liz Truss’s resignation at Prime Minister has seen the pound rally as her departure revitalised the markets. It came after a chorus of ...

  The Federal Government has ordered telecommunication companies to reverse their recent 10 per cent hike in calls and data prices. This decision means that telcos like MTN Nigeria and Airtel, who had initially increased the prices of their data ...

  Microsoft has laid off nearly 1,000 employees worldwide amid fears of a recession, becoming just the latest major tech company to do so. The layoffs represent less than half of 1 percent of the company’s 221,000 employees globally, ABC ...

  A doctor, by the name Dr Ola Sandra Ndukwe with twitter handle, @olakhisha has called out a Nigerian bank – Zenith for alleged missing money. The doctor had claimed the sum of N450,000 was withdrawn from her bank account ...

French cement giant Lafarge SA will pay a $778 million fine after pleading guilty to providing material support to Islamic State and other terror groups during the Syrian civil war, the US Justice Department said on Tuesday. Lafarge acknowledged it ...

  Nigerian data and intelligence startup, Stears Business, has announced the closing of its seed round funding, in which $3.3 million was raised. The round which was led by Mac Venture Capital had participation from other companies including Serena William’s ...

  First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its commemoration of the 2022 edition of the Customer Service Week scheduled to be globally celebrated on 3 – 7 October 2022. The event ...

  Elon Musk has said he intends to proceed with his original $54.20 per share offer to acquire Twitter, the social media giant. A letter filed with the U.S. Securities and Exchange Commission, SEC, showed Musk will follow through on ...