Business

Barbadian singer, Rihanna has emerged as the youngest self-made billionaire woman in the United States of America after accumulating a net worth of $1.4billion by age 34, knocking Kim Kardashian to second place. The 34-year-old pop…

Shell PLC has announced that the major divestment from its Nigerian onshore services in 2021, has been put on hold, citing a Supreme Court suit over oil leak filed by a community in Bayelsa State. The managing director of SPDC, …

Amazon, American e-commerce giant  is set to begin operations in Nigeria, as it sets to expand its operations to five more countries across Africa, South America and Europe. According to Business Insider, the U.S. e-commerce company…

WhatsApp, messaging and video calling app owned by META, has launched WhatsAppreneurs campaign to assist business owners in Africa to reach more customers. Public Policy Director for Whatsapp Africa, Balkissa Siddo, said this in a…

According to latest reports, the Nigerian National Petroleum Company (NNPC) evacuated 1.523 billion litres of Premium Motor Spirit (PMS) between May 16 and June 5 in order to ensure constant supply of fuel. However, despite…

PricewaterhouseCoopers (PwC), a global financial and management advisory organisation has said about 71 percent of the global workforce will resign in the next 12 months if employers fail to increase their pay. This was revealed in …

Stocks on Wall Street overcame a shaky start to close broadly higher Thursday. The major indexes more than made up for their losses earlier in the holiday-shortened week. The S&P 500 rose 1.8%, with more than 85% of the stocks in…

Union Bank Plc has announced the completion of the acquisition process of a majority shareholding to Titan Trust Bank. According to a statement released on Thursday, June 2, the bank informed the Nigerian Exchange Group of the…

As inflation continues to bite, some of the biggest Nigerian companies listed on the Nigerian Stock Exchange are reaping unprecedented profits. According to a Nairametrics report, the COMART Group, which consists of bluechip Nigerian…

Elon Musk has said his deal to buy Twitter is ‘temporarily on hold’ until he gets more information on the number of fake and spam accounts on the platform. Recall that the billionaire Tesla owner agreed a £34.5 billion ($44 billion) deal…

Elon Musk has raised $7.1 billion for his Twitter acquisition from investors that include Oracle founder, Larry Ellison and Saudi Prince Alwaleed bin Talal, according to a securities filing on Thursday. Musk, chief executive of Tesla and…

Tesla CEO, Elon Musk has bought micro blogging platform Twitter, after a Sunday meeting with representatives of both companies that lasted into the early hours of Monday morning. According to Forbes, Twitter's board of directors…

Tesla chief, Elon Musk has launched a takeover bid for Twitter, offering to buy 100 percent of its stock and take it private, according to a stock exchange filing. The billionaire offered to buy Twitter for about $41 billion in cash,…

Elon Musk, the billionaire founder of Tesla Inc., has been appointed as one of the board of directors of Twitter. The development is coming a day after Musk acquired a 9.2 percent stake in the company. Parag Agrawal, the chief…