Elon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44 billion deal to buy Twitter because the social media company had failed to provide information about fake accounts. Shares of Twitter were down 7% in extended trading. Musk had offered $54.20 per share in Read More…
Day: 8 July 2022
Osinbajo cautions against polio complacency as he receives Kunle Adeyanju – London-Lagos biker
Vice President Yemi Osinbajo says there is need to sustain the campaign against polio, warning that the disease is “very crafty.” Osinbajo handed down the warning on Thursday at Presidential Villa, while receiving the Nigerian Biker, Kunle Adeyanju, who embarked on a polio-inspired charity ride from London to Lagos. Adeyanju, who arrived in Lagos on Read More…
NNPC to fork out ₦747bn to Shell, Exxon Mobil – US appeals court
A U.S. appeals court on Friday granted Exxon Mobil Corp and Royal Dutch Shell Plc affiliates leave to enforce a part of a ₦747 billion ($1.8 billion) arbitration award against the Nigerian National Petroleum Corporation (NNPC), in a dispute concerning oil extraction near the African country’s coastline. In a 3-0 decision, the 2nd U.S. Circuit Read More…
Flutterwave mired in controversy following report of accounts freeze over money laundering in Kenya
A court in Kenya has frozen more than $40 million in accounts belonging to Africa-focused payments giant Flutterwave under the country’s anti-money laundering laws, court documents showed. Founded in 2016 in Nigeria, the San Francisco-headquartered firm, specialises in individual and consumer transfers, one of several fintech firms facilitating and capitalising on Africa’s booming payments market. Read More…
Africans have no inheritance in the House of Zelensky
AFRICA for centuries has been entangled in European conflicts and wars in which they suffer from both sides. The most terrible for Africans was the Second World War for which youths, including high school kids from various parts of the continent, were conscripted and many never returned home. In Nigeria, it was known as the Read More…