Oil Prices Surge as Iran Re-Closes Strait of Hormuz

Global oil prices rebounded sharply Monday after Iran re-closed the vital Strait of Hormuz, citing a U.S. blockade of its ports. The move reversed Friday's gains and heightened tensions despite ongoing ceasefire talks.

Tim Cook Steps Down as Apple CEO, Ternus Takes Over

Apple announces CEO Tim Cook will step down after leading the company to a $4 trillion valuation. John Ternus, senior VP of hardware engineering, will become CEO on September 1, with Cook transitioning to executive chairman.

Solar Panel Mistakes That Can Cause Fire Outbreaks

A safety expert has issued a crucial warning to solar energy users in Nigeria, highlighting two common installation and maintenance errors that significantly increase the risk of fire outbreaks in homes and businesses.

Wema Bank Exceeds CBN Recapitalisation Requirements

Wema Bank has successfully met and exceeded the Central Bank of Nigeria's recapitalisation threshold, raising its qualifying capital to N264.7 billion through a N150 billion rights issue and N50 billion special placement, reinforcing its position as a nat

Luis Figo Named TenTrade Global Ambassador

Legendary footballer Luis Figo partners with TenTrade as global ambassador, launching the 'Inspiring the Next Number 10' campaign to promote excellence and support in trading.

Adeleke Writes CBN on LivingTrust Mortgage Bank Oversight

Osun State Governor Ademola Adeleke has written to the Central Bank of Nigeria regarding its regulatory oversight of LivingTrust Mortgage Bank. This comes as the Court of Appeal in Lagos hears an appeal by CitiTrust Financial Services Limited, accused by

Navy Intercepts Stowaways Off Lagos Coast

The Nigerian Navy has intercepted three suspected stowaways aboard the merchant vessel MSC STELLA off Lagos. The operation demonstrates the Navy's commitment to maritime security and search and rescue missions.

Man's Solar Panel Strategy After Landlord Blocks Rooftop

A Nigerian man has shared his innovative strategy for installing solar panels after his landlord refused rooftop access. He created a car park structure to mount the panels, ensuring 24-hour electricity despite the restriction.

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