Jim Ovia Acquires Five Million Units Of Zenith Shares

The Chairman of Zenith Bank, Jim Ovia, has acquired five million units of the shares of the financial institution in a deal worth over N144m. This was disclosed in a notice on... Read more »

Elon Musk Overtakes Bernard Anault, Regains Position As World’s Richest Man

In a recent development, Elon Musk has surpassed Bernard Arnault, a renowned French fashion icon, to claim the title of the world’s wealthiest individual. The Bloomberg Billionaires balance sheet reveals that Elon... Read more »

Stock Market Hits N1.51 Trillion, Day After Tinubu’s Inauguration

The equities market of the Nigerian Exchange Ltd. (NGX) opened trading for the week on a bullish note driven by investors’ confidence, following the inauguration of President Bola Tinubu. President Tinubu, in... Read more »

TikTok overtakes Facebook as world’s most valuable social media brand

For the first time since its introduction in the social media market, Chinese short-form video hosting service TikTok has overtaken Meta-owned Facebook as the Most Valuable Social Media. This is according to... Read more »

Twitter Considers Reducing Verification Prices For Small Businesses

The Chief Executive Officer of Twitter, Elon Musk, has announced that very soon, the platform company will unveil a plan with lower prices for small businesses interested in the verification badge of... Read more »

Musk not fit to run Twitter – Former Twitter CEO, Dorsey

The former Chief Executive Officer of Twitter, Jack Dorsey recently backtracked on his earlier endorsement of Elon Musk as the right choice to lead the company. In his post reviewed by CNN,... Read more »

Elon Musk Charges Users To Pay Publishers For Articles On Twitter

Elon Musk on Saturday announced a plan for his Twitter platform to allow media publishers to charge users on a per-article basis with a single click. “This enables users who would not... Read more »

Otedola Sells Shares In Transcorp To Tony Elumelu

Popular Nigerian billionaire Femi Otedola has sold his 6.3% stake in Transnational Corporation Plc (Transcorp) to its chairman, Tony Elumelu.The group chairman of Transcorp, Elumelu, purchased Otedola’s shares on Thursday using Transcorp’s... Read more »

Jack Dorsey Launches Twitter Alternative

A new app created by Twitter’s co-founder and ex-CEO as an alternative to the Elon Musk-owned platform has just launched a version for Android users. Bluesky, created by Jack Dorsey, promises a... Read more »

Popular Crypto Firm Gives Investors Deadline To Withdraw Funds

Nigerian crypto-based fintech, Lazerpay is shutting down operations after unsuccessful fundraising attempts. In a statement issued via its official Twitter handle on Thursday, the CEO, Njoku Emmanuel, said Lazerpay ceased operation after multiple... Read more »