Terraform Labs files for bankruptcy
Crypto company, Terraform Labs, the company that caused the collapse of two stablecoins, Luna and TerraUSD, to wipe approximately $40 billion from…
market
Dangote refineries to supply 150,000 IPMAN fuel stations
The Dangote Petroleum Refinery will deliver fuel to around 150,000 retail outlets managed by the Independent Petroleum Marketers Association of Nigeria, following…
SolarEdge technologies lays off 16% of workforce
In an effort to lower operational expenses, SolarEdge Technologies said on Sunday that it will be laying off around 16% of its…
Rotary donates $14m grant to end polio in Nigeria
The World Health Organization on Thursday, applauded the Rotary International’s new financing pledge to support Nigeria’s efforts to eradicate all kinds of…
Top ten best passports in Africa
Alex Omenye Nigerian passport has emerged the 50th strongest passport in world with regard to its relevance, access to countries and strength…
British Council raises IELTS fee in Nigeria by almost 30%
The British Council of Nigeria has increased the fee for the English Language Testing System assessments by 29%. The Times reported that…
SMEDAN to acquire N6bn motorcycles, tricycles
The Small and Medium Enterprises Development Agency of Nigeria would spend N6.2 billion on motorbikes and tricycles as part of empowerment projects…
‘A Tribe Called Judah’ ticket sales drop by over 50%
Funke Akindele’s latest Nollywood film, A Tribe Called Judah, has seen more than a 50% reduction in ticket sales at local cinemas.…
NCAA estimates N8bn for local, foreign trips
The Nigeria Civil Aviation Authority has said that it will spend N8.3 billion on transportation and travel in 2024. The PUNCH reported…
Lagos council to launch 200 electric minicabs in March
The Chairman of Ikoyi Obalende Local Council Development Area in Lagos State, Fuad Atanda-Lawal, has announced intentions to roll out 200 electric mini-cabs as part…
Agribusiness shareholders to raise N5bn capital
Ellah Lakes Plc’s shareholders have approved a plan to raise approximately N5 billion in stock. The PUNCH reported that the shareholders gave their consent at…
Ex-finance minister Agunloye freed from prison
By Christian George Former Minister of Power and Steel, Olu Agunloye, has reportedly regained his freedom from Kuje Prisons after fulfilling bail…