Asian Markets Surge on Rate Cut Optimism, Tech Revival
Asian equities extended a global rally Tuesday, fueled by hopes for more US interest rate cuts and strong tech earnings. Gold and silver hit fresh records. Discover the key market movers.
Category : Search result: gross earnings N607 billion
Actress Doris Ogala Sues Pastor Chris Okafor For N1bn
Nollywood actress Doris Ogala files a lawsuit against Pastor Chris Okafor, demanding N1 billion for emotional damage. A Nigerian lady reacts online, questioning the feasibility of the huge sum. Read the full story and public reactions here.
Asian Markets Rise on US Inflation Ease, BoJ in Focus
Asian markets closed higher as softer US inflation data fueled rate cut hopes. Micron's strong earnings eased tech bubble fears. The Bank of Japan's rate decision is key.
Nike Shares Slump After China Sales Drop 17%
Nike's quarterly profits fell 32% due to weak China sales and US tariffs. CEO promises a 'new approach' to revive the brand. Read the full analysis.
UAE invests $6bn in Africa's tourism sector
The UAE announces a massive $6 billion investment plan for African tourism development, targeting aviation, infrastructure, and digital projects. Learn how this partnership aims to create thousands of jobs.
Coursera, Udemy Merge in $2.5B Online Learning Deal
Coursera and Udemy are merging in a $2.5 billion all-stock deal to create a massive online learning platform, expanding access to AI and tech courses worldwide. Learn what this means for Nigerian learners and professionals.
Chris Ngige Granted Bail in N2.2bn EFCC Case
Former Labour Minister Chris Ngige granted bail by Federal High Court in Abuja. Case adjourned to 2026. Details on the bail conditions and allegations inside.
Ngige Granted Bail in ₦2.2bn Fraud Case
Former Labour Minister Chris Ngige has been granted bail by an FCT High Court in his ₦2.2 billion contract fraud trial. The court set strict conditions for his release. Read the full details.
Nigeria's Debt, Salaries Exceed Revenue in 2025
Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.
NELFUND Loans: N154.4bn Reaches 788,947 Students
Nigerian Education Loan Fund has disbursed over N154 billion in interest-free loans to students. MD Akintunde Sawyerr urges more applicants and explains reasons for failed applications.
Fubara Confirms ₦600bn in Rivers State Treasury
Governor Siminalayi Fubara confirms Rivers State has ₦600bn in its coffers, pledges detailed public accounting of all funds and project spending. Read the full report.
NSCDC dismisses 58 officers for misconduct
The Nigeria Security and Civil Defence Corps has dismissed 58 personnel, including senior officers, for offences like insubordination and job racketeering. The Commandant General vows to reposition the Corps.
Fubara: ₦600bn in Rivers Coffers After Emergency Rule
Governor Siminalayi Fubara reveals he met over ₦600 billion in Rivers State's treasury after emergency rule, defending his administration's transparent spending. Read details of the executive-legislature tension.
The Weeknd's $1B Music Deal Explained
The Weeknd's $1 billion catalogue deal with Lyric Capital is a strategic partnership, not a sale. He retains creative control and ownership, setting a new standard for artist equity in the music industry.
Drake Breaks His Own Spotify Annual Streaming Record in 2025
Hip-hop superstar Drake has set a new record for the most Spotify streams by a rapper in a single year, surpassing 17.6 billion in 2025. Discover the strategy behind his massive success.
Reps summon 3 DisCos over N100bn debt to FG
The House of Representatives Public Accounts Committee has summoned IBEDC, BEDC, and PHEDC over an alleged N100 billion debt. The companies have 72 hours to appear or face sanctions. Read more.
FG Takes Over N47bn Abandoned Kano Road Project
The Federal Government has approved N47 billion to reconstruct the long-abandoned 6.7km Wuju-Wuju Jakara road in Kano, a project started in 2013. Read more about this major infrastructure revival.
Elon Musk's Net Worth Surpasses $600 Billion
Elon Musk makes history as the first person to achieve a $600 billion net worth. Discover how Tesla, SpaceX, and AI ventures fueled this unprecedented wealth milestone.
Trump Files $10 Billion Defamation Lawsuit Against BBC
US President Donald Trump sues BBC for $10 billion, alleging defamation over edited 2021 speech. The scandal led to resignations at the broadcaster. Read the full details.
ADC to Protest FG's N500bn Debt to Contractors, Pensioners
The African Democratic Congress (ADC) threatens to join ongoing protests by unpaid local contractors and pensioners. The party condemns the APC-led Federal Government's staggering debts, calling it insensitive governance.
Netflix Buys Warner Bros for $82.7bn, DStv Loses Channels
Netflix agrees to a historic $82.7 billion acquisition of Warner Bros. Discovery. The deal, set for 2026, will see 11 channels exit DStv and GOtv in Africa. Read the full story.
Shettima launches N1bn family business grants
Vice President Kashim Shettima launched a N1 billion family business grant initiative in Akwa Ibom, empowering 3,000 families. The programme aligns with Tinubu's Renewed Hope Agenda.
Policewoman Sacked for Groping Colleagues on Night Out
PC Pamela Pritchard dismissed for gross misconduct after drunkenly groping colleagues and attempting to kiss an inspector during a rugby club night out. Full details.
Natasha to Prove Akpabio Sex Harassment Claims in Court
Civil society groups say Senator Natasha Akpoti-Uduaghan now has a lawful platform to prove sexual harassment allegations against Senate President Godswill Akpabio, following his N200 billion lawsuit. Read the full details.
N185bn Approved to Settle Gas Debts for Power Boost
The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.
Friday Osanebi Donates ₦1bn for Delta Christmas Celebrations
Former Delta Deputy Speaker Friday Osanebi releases ₦1 billion for Christmas support to Deltans. The massive donation includes food items and cash to ease economic hardship. Read details of the distribution and a related crime update.
Zulum laments N100bn security spend, contractors scared
Borno Governor Babagana Zulum reveals spending N100 billion on security in 2025, but contractors still refuse projects due to threats. Read his plan to bypass the crisis.
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix announces a historic $83 billion acquisition of Warner Bros. Discovery, reshaping the global entertainment landscape. Get the full details on this landmark deal.
Zulum: Borno spent N100bn on security in 2025
Governor Babagana Zulum discloses Borno State spent about N100 billion on security in 2025, stalling road projects and development. Read about the impact and plans.
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix agrees to acquire Warner Bros. Discovery for nearly $83 billion, the biggest entertainment merger since Disney-Fox. Details inside.
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