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CBEX Scandal Rocks Nigeria: $847 Million Vanishes in AI Trading Scam — Investors Left with 0.00 Balances
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow In what is quickly becoming one of the most devastating digital heists in Nigerian financial history, CBEX, the so-called “AI trading platform,” has officially crashed, leaving thousands of investors devastated and empty-handed. On what can only be described as a dark day for […] More
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Saudi Arabia Just Discovered $240 Billion in Gold — And It’s About to Change the World
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow A gold rush is erupting beneath the sands of Saudi Arabia, and it’s unlike anything the world has seen in over a century. In a stunning turn of events, the Kingdom has revealed the discovery of $240 billion worth of gold hidden just […] More
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Why Trump’s $2 Trillion Tariff Shock Will Raise Prices in Nigeria and Wreck African Economies
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Trump’s tariffs might sound like a U.S.–China problem, but the shockwaves are already racing across the globe — and Nigeria, along with many African nations, won’t be spared. As global markets tumble and supply chains scramble, the effects are seeping into every corner […] More
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Tinubu Overhauls NNPCL Leadership; Replaces Mele Kyari with Ojulari as GCEO, Appoints Kida as New Board Chairman
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow In a major shake-up of Nigeria’s oil industry leadership announced in a statement by the special adviser to the President, Bayo Onanuga, President Bola Ahmed Tinubu reconstituted the Nigerian National Petroleum Company (NNPC) Limited board, replacing its chairman, Pius Akinyelure, and Group Chief […] More
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Tinubu Sacks Kyari, NNPCL Board
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow President Bola Tinubu has removed Mele Kyari, the Group Chief Executive Officer of the Nigeria National Petroleum Company Limited, NNPCL. A statement signed by Mr. Bayo Onanuga, presidential spokesman also said that Pius Akinyelure, the chairman of the board lost his job in […] More
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in Big Story, Business, EnTELLtainmentHow Spotify Outsmarted Apple and Built a $120 Billion Empire
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow In 2015, Apple set its sights on crushing Spotify. With a $200 billion war chest, full control over the iPhone ecosystem, and powerful record label connections, Apple seemed poised to dominate music streaming with the launch of Apple Music. But instead of fair […] More
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Nigeria and Egypt Collaborate on Power Generation
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow In the efforts to increase the generation and distribution of electricity in Nigeria, and in particular getting electricity to the rural communities in the country, the federal ministry of power is collaborating with Egypt. This, according to a statement signed by Bolaji Tunji, […] More
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EFCC Uncovers 58 Companies in Alleged Multi-Billion Naira Investment Fraud Scandal
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow In a sweeping crackdown on suspected fraudulent investment schemes, the Economic and Financial Crimes Commission (EFCC) has exposed 58 companies allegedly involved in deceptive financial activities across agriculture, real estate, finance, and trading sectors. These firms have been accused of misleading investors, mismanaging […] More
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in Breaking News, BusinessFG to Revolutionize Nigeria’s Manufacturing Sector
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Federal Government is set to industrialise Nigeria and lessen the country’s dependence on imported goods. This was disclosed by Jumoke Oduwole, minister of Industry, Trade, and Investment, at a ministerial press briefing on Tuesday, March 4, at the National Press Centre Abuja. […] More
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WTO’s WEIDE Fund Selects Nigeria, 3 Others to Boost Women-Led Digital Trade
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow In a significant move to enhance women’s participation in global trade, the Women Exporters in the Digital Economy (WEIDE) Fund has selected Nigeria, the Dominican Republic, Jordan, and Mongolia as pilot beneficiaries. The announcement was made on March 7, just ahead of International […] More
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Africa’s Power Struggle: How Oil, Gas, and Hydropower Shape the Continent’s Energy Future
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Africa’s energy landscape tells a story of contrasts—one defined by fossil fuel dominance and the other by renewable potential waiting to be unlocked. A new report mapping the primary sources of electricity in every African nation paints a revealing picture of the continent’s […] More
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Don’t Buy Ascon Oil Assets – Founder’s Family Warns
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The family of the founder of ASCON OIL company limited has warned that anyone who gets into any deal for the purchase of the asset of the company does so at his or her own risk. This, according to the family, is because […] More