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VERIZON TO ACQUIRE RIVAL FRONTIER COMMUNICATIONS IN $20 BILLION DEAL
Verizon Communications Inc. has agreed to purchase Frontier Communications Parent Inc. for an enterprise value of $20 billion, marking a significant move in the telecommunications industry. The acquis...
New Oil Reserve Unearthed in Egypt's Gulf of Suez
The Egyptian Ministry overseeing Petroleum and Mineral Resources has recently unveiled a significant development in the shallow waters of the Geisum concession located to the south of the Gulf of Suez...
Veritas Kapital Assurance Plc Records Over N1bn Profit
Veritas Kapital Assurance Plc, an insurance group, has recovered from a loss of N170.378m it recorded in the first half of 2022 to a profit after tax of N1.09bn in the same period of 2023.The company'...
Elon Musk Announces Twitter's New Monetization Program to Pay Verified Users for Profile Ads
Twitter's owner and CEO, Elon Musk, announced that the microblogging platform will soon begin paying verified users for ads that appear when others view their profiles. This extension of Twitter's mon...
How Emefiele’s Arrest Made Nigerian Stocks to Rise 4% After 15 Years of Trials
Nigerian stocks hit their highest level since 9 June 2008 on Tuesday, with the benchmark index surging by 4% as a result of the arrest of the central bank governor, Godwin Emefiele, over the weekend.T...