Economic
Ghana Braces For Nationwide Lockdown Amid Escalating Illegal Mining Crisis.
By Chinasaokwu Helen Okoro Ghana has set aside September 30 for a nationwide lockdown to combat devastating environmental impact of illegal mining. Ghana...
Nigeria: Leadership failure cause of African problems – Jonathan.
By Chinasaokwu Helen Okoro ....says tech can’t curb electoral fraud in Nigeria . Nigeria’s former President, Dr. Goodluck Jonathan, has attributed the major...
GHANA: Ghana’s Economy Grows at 6.9% in Q2 2024, Fastest in Five Years Amid Debt Restructuring Efforts
By: Chioma Madonna Ndukwu Ghana’s economy witnessed a remarkable growth rate of 6.9% in the second quarter of 2024, its fastest in five...
Nigeria: How FG earned $1.2bn from telecom licences.
By Chinasaokwu Helen Okoro The Federal Government earned approximately $1.2bn in telecom license fees from major operators, including MTN, Globacom, Econet (now Airtel),...
Nigeria: Dangote refinery sold petrol at N898 per litre.
By Chinasaokwu Helen Okoro The Nigerian National Petroleum Company Limited (NNPCL) has announced it purchased petroleum from Dangote Refinery at a rate of...
NNPC demands permanent office space for its staff at Dangote Refinery.
By Chinasaokwu Helen Okoro The Nigerian National Petroleum Corporation, NNPC, Limited has asked for office space for about 10 of its staff at...
NIGERIA: Tinubu Justifies Fuel Price Hike, Citing ‘Hard Decisions’ for Nigeria’s Growth
By: Chioma Madonna Ndukwu President Bola Tinubu has defended the recent petrol price hike in Nigeria, describing it as a "hard decision" necessary...
Nigeria Grants Additional 5,000 bpd Licence to Waltersmith Refinery in Owerri.
By Chinasaokwu Helen okoro The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Wednesday announced the granting of an additional 5,000 barrels...
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Africa’s Talking Drum: The Day Umuoji Raised Its Voice
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Child labour, crime against humanity, conscience – Mrs Soludo
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2026 FIFA WORLD CUP: Pochettino’s USA Puts on a Clinic While Larin Keeps Canadian Dreams Alive
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Lukianivska Left in Ruins as Kyiv Faces Relentless Missile Barrage
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Elon Musk Becomes First Trillionaire in History Elon Musk has reportedly crossed a historic financial threshold, becoming the first individual to reach a net worth above $1 trillion, following the public listing of SpaceX. SpaceX, Musk’s aerospace company, began trading on the Nasdaq under the ticker SPCX, opening at $135 per share before rising sharply to about $165 in early trading. The surge lifted the company’s valuation beyond $2 trillion, driven by strong investor demand at launch. Prior to the IPO, Musk’s estimated wealth stood at roughly $813 billion. The increase in SpaceX’s market value pushed his total net worth past the trillion-dollar mark, according to financial reports tracking billionaire valuations. The milestone further distances Musk from other global billionaires, with his fortune now exceeding that of several top-ranking figures combined on global wealth indices. SpaceX now joins the upper tier of publicly traded companies in the United States, alongside tech giants such as Apple, Microsoft, Amazon, Alphabet, and Nvidia in total market value. The company continues to expand its reach through Starlink, its satellite internet service, and xAI, its artificial intelligence venture behind the Grok chatbot, reinforcing Musk’s influence across multiple high-growth technology sectors. The development underscores the accelerating financial impact of space commercialization and artificial intelligence in shaping modern global markets.
Elon Musk Becomes First Trillionaire in History Elon Musk has reportedly crossed a historic financial threshold, becoming the first individual to reach a...
