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Access Holdings Announces US$1.5 Billion Capital Raising Programme
Access Holdings Plc, one of Africa’s leading financial groups, has unveiled plans to establish a Capital Raising Programme of up…
FTX’s Sam Bankman-Fried sentenced to 25 years
Sam Bankman-Fried, co-founder of the collapsed crypto exchange FTX, has been handed a 25-year prison term for deceiving customers…
CBN announces new capital base for banks, sets two-year deadline
Nigeria's apex bank and regulator, Central Bank of Nigeria (CBN) has announced need capital basis for different category of banks…
Dangote Refinery to reduce Africa’s Oil Imports, undercuts Foreign…
Nigeria's Dangote oil refinery is poised to reduce Africa's annual $17 billion petrol imports from Europe, putting extra strain on…
Elon Musk unveils free premium features on X for select verified accounts
Elon Musk has revealed that certain X (formerly Twitter) users will receive access to X Premium features at no cost.
In a post…
‘Crypto king’ Sam Bankman-Fried to be sentenced
Sam Bankman-Fried, the ex-billionaire crypto executive who faced charges of fraud and money laundering last year, will appear in a…
Chinese smartphone giant challenges Tesla
Chinese smartphone maker Xiaomi is poised to unveil its inaugural electric vehicle (EV) and commence order placements on Thursday.…
Naira increases to N1,350/$ in parallel market
The value of the naira yesterday in the parallel market increased to N1,350 per dollar from N1,430 per dollar on Monday.…
MTN to exit Guinea-Bissau, two others amid financial difficulties
MTN has hinted at a possible exit from Guinea-Bissau, Guinea-Conakry, and Liberia, citing several obstacles in the West and…
Dell reduces workforce over decline in personal computer sales, recession
Dell Technologies reduced its workforce as part of a larger cost-cutting plan.