Business

In a landmark case that has been closely watched by the global cryptocurrency industry, “crypto king” Do Kwon is scheduled to be sentenced today in a Manhattan federal court for misleading investors who collectively lost billions in the catastrophic collapse of his digital asset ecosystem in 2022. Kwon, the co-founder of Terraform Labs, pleaded guilty…

Tesla CEO Elon Musk has publicly reflected on his brief and controversial tenure leading the Trump administration’s Department of Government Efficiency (DOGE), stating that the project was “somewhat successful” but that he would ultimately not take the role again.  Musk’s comments, made on “The Katie Miller Podcast” on Tuesday, suggest a mix of pride in…

Running a lucrative business does more than generate income. It silently reshapes the way you think, behave, and respond to life. Without noticing, the daily pressures, responsibilities, risks, and wins create a deep mental transformation that changes how you view problems, opportunities, and your own potential. Here are ten subtle but powerful ways your business…

Pi Ventures’ First Move: Investing in the “Android for Robots” Pi Network Ventures has announced its landmark first investment in OpenMind, a cutting-edge technology company building an operating system and open-source protocol for robots. OpenMind is striving to create the “Android for robots,” a shared intelligence layer that allows robots and intelligent systems to think,…

The Shopping Season is ON: Xiaomi Black Friday 2025 Promises Unbeatable Offers The highly anticipated Xiaomi Black Friday 2025 promotion has officially launched in Nigeria, bringing one of the most exciting shopping events of the year. Running from October 27th to November 30th, Xiaomi Nigeria is offering consumers a combination of massive discounts, exclusive gifts,…

Introduction: Crossing the $30 Billion ThresholdIn a massive financial milestone that solidifies his legacy as Africa’s most dominant industrialist, Aliko Dangote has officially crossed the $30 billion net worth mark. As of October 23, 2025, Bloomberg’s Billionaire Index confirmed the Nigerian magnate’s fortune, making him the first African ever to achieve this unprecedented valuation. This…

Nigeria’s leading financial institutions are embracing solar energy in response to the country’s escalating energy crisis and rising operational costs. Recent financial reports reveal that major banks including United Bank for Africa (UBA), Access Bank, Sterling, Stanbic IBTC, Fidelity, GTBank, and Zenith Bank collectively spent ₦270.09 billion on power-related expenses in 2024. This marks an…

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, along with its partner Sunlink Energies and Resources Limited, has announced the Final Investment Decision (FID) for the HI gas project located offshore Nigeria. Project Details and InvestmentThis major commitment involves an investment of approximately $2 billion and is aimed squarely at…

The Nigerian National Petroleum Company Limited (NNPCL) has implemented a significant hike in the price of Premium Motor Spirit (PMS), commonly known as petrol. The price has been increased to ₦992 per litre in Lagos, marking an increase from the previous price of ₦865 per litre. The Immediate ImpactThe increment was observed across various NNPC…

The US President, Donald Trump, has announced that the United States will impose an additional 100% tariff on imports from China, accusing Beijing of taking an “extraordinarily aggressive position” on trade. The Core Reason: Rare Earths and Export ControlsThe threat, announced on Friday via his Truth Social platform, signals the biggest rupture in US-China relations…