Pharmeceutical company, GlaxoSmithKline Consumer Nigeria Plc said it has concluded arrangements to shut down its operations in Nigeria. The company said it informed GSK Consumer Nigeria of its strategic intent to cease... Read more »
For a third year running, Zenith Bank Plc has been named the Best Commercial Bank in Nigeria at the World Finance Banking Awards 2023. The bank also emerged as the Best Corporate... Read more »
Leading mobile network provider, MTN, has suffered a foreign exchange loss of N131.4 billion between January and June 2023. This was contained in a recently released MTN 2023 second-quarter (Q2) report. The... Read more »
The Board of Zenith Bank Plc has announced the re-appointment of Dame (Dr) Adaora Umeoji, OON as the Deputy Managing Director (DMD) of the bank. Gists9ja reports that the re-engagement is effective... Read more »
Telecommunication subscribers in Nigeria spent N731.94bn on calls and data services on MTN and Airtel’s network in the first three months of 2023. This was a 15.42 per cent increase from the... Read more »
Twitter owner Elon Musk has said the social media platform he bought for $44 billion last October has lost roughly half of its advertising revenue. “We’re still negative cash flow, due to... Read more »
Elon Musk on Wednesday launched his own artificial intelligence company, xAI, as he seeks to compete with OpenAI, the creator of ChatGPT – a program he accuses of being politically biased and... Read more »
Aliko Dangote, Africa’s second richest man, has gained an estimated $575 million within 24 hours. The Forbes billionaire index reported the gain by the influential Nigerian business tycoon. With a net worth... Read more »
Ecobank has urged First Bank Holdings to reject the acquisition of 4.7 billion shares by a former Chairman of the bank, Dr Oba Otudeko. The bank raised the alarm in a letter... Read more »
Nigerian senator Ben Murray-Bruce on Friday disclosed that he pre-ordered a flying car from California-based startup Alef Aeronautics which is reportedly worth over $300,000. The former Bayelsa East Senator tweeted this with... Read more »