Business - Page 489

Twitter’s Market Value Rises After Losing N1.36 trillion Amid Elon Musk Faceoff

Investors are finding their confidence in Twitter’s growth again, a day after they engaged in a sell off following Elon Musk’s announcement that he’s no longer acquiring the social media company. Musk

Fakoyejo Olalekan

2 years ago

Business·Tech News

Twitter’s Lawyer Gives Update On Elon Musk’s Acquisition Plan

Wachtell, Lipton, Rosen & Katz, the law firm hired by Twitter, has called Elon Musk’s decision to pull out of the acquisition process invalid and wrongful, stating that the social media firm

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Nigerian Gov’t Stops Seplat Energy, ExxonMobil’s $1.28 billion Oil Deal

Seplat Energy Plc’s plan to acquire ExxonMobil’s shallow water business in Nigeria, Mobil Producing Nigeria Unlimited (MPNU), has hit the rock following a lawsuit filed by the Nigerian National Petroleum Company (NNPC)

Fakoyejo Olalekan

2 years ago

AMA News·Business

SAP Africa appoints Sandi de Souza as CFO

Sandi de Souza SAP new Chief Financial Officer for the Africa region JOHANNESBURG, South Africa, 12th July 2022 -/African Media Agency(AMA)/- SAP Africa has announced the appointment of Sandi de Souza as its new

Prime Business Africa

2 years ago

Business·World News

Cryptocurrency Investment Company, Three Arrows Capital Loses $10 billion In Four Months

Singapore-based cryptocurrency hedge fund, Three Arrows Capital, has suffered a significant loss in investment due to the meltdown in the crypto market, causing losses to other digital currency creditors. As of March,

Fakoyejo Olalekan

2 years ago

Africa·Business

Zimbabwean Gov’t Turns To Nigerian Economist, AfDB’s Akinwumi Adesina To Revive Economy

Zimbabwean government will meet with Nigerian economist and African Development Bank (AfDB) Group president, Akinwumi Adesina, to discuss solutions to its economy downturn and debt problem. The problem with Zimbabwe? The country

Fakoyejo Olalekan

2 years ago

Business·Entertainment

Nigerian Cinema Revenue Drops N273.2 million In Six Months

The turnover on ticket sales at the Nigerian cinemas fell in June by -42.9% (N273.2 million) to N363 million in H1 2022, as cinema goers reduce their screen time amid soaring inflation,

Fakoyejo Olalekan

2 years ago

Business

Nigerian Gov’t Lashes Out At Investors Over Failing Electricity Companies

The Director-General of government agency, Bureau of Public Enterprises (BPE), Alex Okoh, has criticised comments by the sacked owners of Benin, Kano, Kaduna and Ibadan Distribution Companies (DisCos). Last week, Fidelity Bank

Fakoyejo Olalekan

2 years ago

Business·Tech News

Elon Musk Reveals What Will Happen After Twitter Board Sue Him

The Chief Executive Officer of Tesla, Elon Musk, has mocked the decision of Twitter board to sue him after the founder of SpaceX withdrew his offer to acquire the company on Friday.

Fakoyejo Olalekan

2 years ago

AMA News·Business

Bybit Launchpad 2.0 to Host Land of Conquest (SLG) IEO

SINGAPORE, 11 July 2022 -/African Media Agency(AMA)/- Bybit, one of the world’s fastest-growing crypto exchanges, will list SLG, the governance token of Land of Conquest, on Bybit Launchpad 2.0. Land of Conquest is an upcoming

Prime Business Africa

2 years ago

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Business - Page 489

Nigerian Gov’t Stops Seplat Energy, ExxonMobil’s $1.28 billion Oil Deal

SAP Africa appoints Sandi de Souza as CFO

Cryptocurrency Investment Company, Three Arrows Capital Loses $10 billion In Four Months

Zimbabwean Gov’t Turns To Nigerian Economist, AfDB’s Akinwumi Adesina To Revive Economy

Nigerian Cinema Revenue Drops N273.2 million In Six Months

Nigerian Gov’t Lashes Out At Investors Over Failing Electricity Companies

Elon Musk Reveals What Will Happen After Twitter Board Sue Him

Bybit Launchpad 2.0 to Host Land of Conquest (SLG) IEO

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