Elon Musk and Twitter Elon Musk continues to attack Mark Zuckerberg as Meta’s Twitter clone, Threads, approaches 100 million subscribers. Since the launch of the new platform last week, Musk has been harshly critical of Threads, Instagram’s newest companion app and a direct competitor to Twitter. In recent days, the …

Gbenga Komolafe, NUPRC Chief Investment Officer The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe has said that Nigeria’s gas deposit is enough to meet the needs of the entire continent if adequate funding is provided to develop the needed infrastructure. Komolafe made the comment at …

In a bid to forestall the circumstances that led to Central Bank of Nigeria (CBN) clamping down on FBN Holdings in 2015 when Oba Otudeko was the chairman, majority shareholders of FBN Holding are weighing options to prevent Oba Otudeko from taking over the financial institution. This is in order …

A Lagos Federal High Court, today, ordered the remand of Bamise Ajetunmobi, a Ponzi Scheme Operator, who has been on the run since 2021, over alleged N7.5 billion fraud. The court presided over by Justice Chukwuejekwu Aneke, remanded the Ponzi Scheme Operator, after he pleaded not guilty to 12 counts …

The immediate family of Isaac Atufe, CEO of Zeakers Automobiles wish to advise existing and prospective customers of the brand to stop patronizing him for automobiles or for any other financial related business he is associated with because of recent developments that are associated with the firm. We will not …

FMDQ Exchange FMDQ Securities Exchange has acquired 1,080,641,902 units of CSCS shares in transaction valued at about N20billion. This development confirms BusinessDay report about a year and half ago on FMDQ Grou paying N20billion to acquire 21.6 percent equity stake in Central Securities Clearing System (CSCS) Plc. Transactions of this …

Mmesoma Ejikeme Innoson Group has announced the withdrawal of the scholarship the firm awarded to Ejikeme Mmesoma after the committee set up by Chukwuma Soludo, Anambra State governor revealed that she faked her Unified Tertiary Matriculation Examination (UTME) result. Cornel Osigwe, head of corporate communications and affairs at Innoson Group …

The Senate, on Thursday, said it will investigate a gas processing deal involving the Ministry of Finance, the Niger Delta Power Holding Company, Calabar Generation Company Limited and Accugas Limited. According to the sponsor of the motion, Senator Aniekan Bassey (from PDP, Akwa Ibom), the gas supply agreement is disadvantageous …

Lagos State governor, Babajide Sanwo-Olu, has replied a Senior Advocate of Nigeria (SAN), Ebun-Olu Adegboruwa, who in a statement titled ‘Lagos Without a Cabinet’ on Friday, had accused him of running a one-man show. Adegboruwa had said that the state fund was being spent daily without commissioners and without an …

Mmesoma sitting before the panel Joy Mmesoma Ejikeme, Anambra JAMB candidate, has finally owned up to forging her 2023 Unified Tertiary Matriculation Examination result. This was the major highlight of the report of a panel set up by Governor Chukwuma Soludo to probe the raging issue. Professor Soludo set up …