Business

Billionaire Elon Musk said Tuesday that his purchase of Twitter would not go ahead unless he was assured that fewer than five percent of accounts on the platform were fake. “Yesterday, Twitter’s CEO publicly refused to show proof of <5%,” ...

The dollar exchanged at N600 on Monday at the parallel market, heightening fears of a further devaluation of the nation’s currency. The rate at the Importers and Exporters Window was, however, N415.75 on Monday, widening the exchange rate spread to ...

After more than three decades in Russia, McDonald’s has put its Russia business up for sale as it works to leave the country completely. The move is a significant departure for a brand whose growth across the world became the ...

Billionaire, Elon Musk, on Friday said his $44 billion deal for micro-blogging and social media platform, Twitter, is temporarily on hold. Musk disclosed this in a tweet via his Twitter handle, citing pending details on spam and fake accounts. “Twitter ...

Andy Warhol’s 1964 silk-screen portrait of Marilyn Monroe has been auctioned for a record-breaking $195m (£157.8m). The painting, Shot Sage Blue Marilyn, is one of the many paintings in the series Warhol made of Monroe after she died of a ...

  Rihanna is tipping the global scale by launching her namesake beauty and skincare brands, Fenty Beauty and Fenty Skin in Africa. “I’ve been waiting for this moment!! @fentybeauty & @fentyskin are finally dropping in AFRICA!!!,” the mom-to-be recently announced ...

Manchester City has confirmed a deal has been reached with Borussia Dortmund to sign Erling Haaland this summer. The Premier League champions confirmed this in a tweet from their official handle. It read: “Manchester City can confirm that we have ...

Chelsea, on Saturday morning, officially confirmed Todd Boehly as the club’s new owner. In a statement via their website, the Premier League giants confirmed that terms have been agreed for the new ownership group, led by Todd Boehly, to acquire ...

Elon Musk Wednesday said that Twitter may charge a slight fee for commercial and government users, indicating at what Twitter will be like after he purchased the microblogging site last month. The Tesla CEO, however, clarified that for “casual users”, ...

  Nigeria’s premier banking institution and leading financial services inclusion services provider, First Bank of Nigeria Limited has won two awards: Best Bank in Nigeria 2022 and Best Banking Digital Transformation Nigeria at the International Investor Awards 2022, a print and online ...

Billionaire entrepreneur Elon Musk agreed to buy Twitter Inc. for $44 billion, using one of the biggest leveraged buyout deals in history to take private a 16-year-old social networking platform that has become a hub of public discourse and a ...

    Twitter Inc has kicked off deal negotiations with Elon Musk after he wooed many of the social media company’s shareholders with financing details on his $43bn acquisition offer, Reuters has reported, citing people familiar with the matter. The ...

The Police have arrested Imu Ovaioza Yunusa, the CEO of Ovaioza Group of Companies, for alleged ponzi scheme. The suspect, popular on Facebook, is the (co)owner of Ovaioza Farm Produce Storage Business (OFPSB). The company engages in processing, storage, distribution ...

Michael Tidi, the chairman of Warri South Local Government Area of Delta, has appealed to comedians and the media to help project Warri in good light. According to him, comedians and the media sometimes project Warri in a bad light, ...

  Popular Ghanaian pallbearer, Benjamin Aidoo has sold his viral coffin dance as NFT for over $1 million approximately (N415m). Aidoo’s dancing pallbearing group went viral in 2020 after their videos were turned into memes during the peak of the ...

  A young man has won hearts on social media after he single-handedly changed an Aged-Drummer’s life for the better in Ibadan, Oyo State. The young man identified as Adisa Olashile is a serving CORPS member and he met the ...

The Central Bank of Nigeria spent the sum of N58.618 billion to print 2.518 billion Naira notes, valued at 1. 063 trillion in, 2020. This was contained in the bank’s 2020 Currency Report posted on its website. It indicated a ...

The Central Bank of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from transacting in cryptocurrencies. According to a Bloomberg report released on Wednesday, the three banks are Access ...

Did you miss FirstBank’s recent webinar on 8 March 2022, to commemorate the 2022 International Women’s Day (IWD) – themed Breaking the Bias – and are yet to recover from the grumble of missing the event, following the experiences and ...

Manchester City have topped Deloitte’s list ranking the richest clubs in the world by revenue for the first time in their history after overtaking Barcelona, who have fallen three spots. The Premier League champions were top of the accountancy firm’s ...

  Have you seen the videos on this link: https://www.firstbanknigeria.com/home/impact/crs-week/? Piece of advice: Please hold your handkerchief or make sure there is a good supply of tissue paper while you view. The initiative that inspired the efforts and results seen ...

The Cross River State Government has ordered all fuel stations in the state currently hoarding and selling petrol at exorbitant prices to immediately revert to its official price of N165 per litre. In the last three weeks, there has been ...

Ghanaian businessman Bernard Antwi Boasiako has pledged to bring stability back to Chelsea after confirming to Sportsmail that he is interested in bidding for the club. Claims emerged last week that the gold mine owner was exploring an offer to ...

  The sale of Chelsea is now up in the air as the UK government imposed sanctions on Roman Abramovich, with the Russian billionaire’s assets now frozen. Abramovich had announced his intention to sell the London-based Premier League club last ...

Nigerian airlines have informed passengers that they are likely to experience flight disruptions due to the prolonged scarcity of aviation fuel. With aviation fuel in short supply, its price has increased. The Airline Operators of Nigeria (AON), had in February, ...