Business
UAE Lifts Visa Ban on Nigerians After Mutually Beneficial Negotiations
By Ollus Ndomu The United Arab Emirates (UAE) has officially lifted its visa ban on Nigerians, which had been in effect since October...
FULL LIST: Step-by-step guide, conditions for Nigerians to obtain UAE visa.
By Chinasaokwu Helen Okoro The Federal Government recently announced lifting visa restrictions imposed on Nigerians by the Government of the United Arab Emirates....
Samsung claims production not impacted as strike enters day two.
By Chinasaokwu Helen Okoro South Korean tech giant Samsung said Tuesday that production was not being disrupted despite a three-day general strike by...
Zenith Bank Named Best Commercial Bank in Nigeria, Retains Corporate Governance Award
BY: CHIOMA MADONNA NDUKWU Zenith Bank Plc has been honored as the Best Commercial Bank in Nigeria by the World Finance Banking Awards...
Nigerian Newspapers: Brewing industry choking over high cost of raw materials.
By Chinasaokwu Helen Okoro In Vanguard’s Nigerian Newspapers review programme, Today in the News, Vanguard reports that the brewery industry is now facing...
Benin Bronzes: The rape of Africa is still going on.
By Chinasaokwu Helen Okoro Exasperated by the long period of time it is taking some western countries to return as promised more of...
ECOWAS set to unveil single currency ECO.
By Chinasaokwu Helen Okoro Finance Ministers and Central Bank Governors from the 15 Economic Community of West African States have advanced plans to...
Varsities face disconnection amidst rising energy cost.
By Chinasaokwu Helen okoro Nigerian universities are currently experiencing unprecedented crises owing to the rising cost of electricity in the country. Some of...
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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...
