YouTube Appoints Nigerian To Head Europe, M’East & Africa
Nigeria’s Alex Okosi from Enugu State has taken over the reins at YouTube after his appointment as the Managing Director of Emerging Markets in Europe, the Middle East and Africa (EMEA). Prior to his appointment, Okosi was the Executive Vice President and Managing Director of Viacom/CBS Networks Africa and BET International. Alex Okosi Okosi will be taking over the YouTube business and partnership […]
British Company Set To Acquire More Nigerian Oil Firms
Months after acquiring a Nigerian oil and gas exploration, British firm, Savannah Petroleum Plc has disclosed its intention to acquire more Nigerian companies in the coming years to expand its footprint in Nigeria and Africa. Andrew Knott, the Chief Executive of Savannah Petroleum said the acquisition of Seven Energy International Limited is just a tip of the plans […]
MTN Office In Kebbi Attacked By Armed Robbers
No less than ₦4.5 million cash has been stolen from the office of MTN Nigeria in Tudun Wada area of Birnin Kebbi, as three armed robbers reportedly invaded the premises on Wednesday. According to the Public Relations Officer, Kebbi Police Command, DSP Nafi’u Abubakar, who confirmed the incident, investigations are currently ongoing to apprehend the persons involved […]
Is The Tesla Stock To $0?
Trefis analysis shows Tesla’s (NASDAQ: TSLA) stock could potentially drop to $0 from its current levels of over $500. We outline how Tesla could end up defaulting on its roughly $13 billion in debt, a meaningful portion of which matures over the next 4 years. What’s the trigger? We first consider the case of recession or a soft […]
Tapping Into Pension Fund – Step In The Right Direction?
At the end of the National Economic Council (NEC) meeting yesterday, the council disclosed that the Federal Government had resolved to borrow N2 trillion from the current N10 trillion pension funds to finance the development of infrastructure. It also pronounced a national emergency on the power sector, noting that the Federal Government had pumped N1.7 trillion into the […]
Rolls-Royce Plans ‘Mini’ Nuclear Power Plants By 2029
‘Mini’ nuclear reactors delivered in prefabricated chunks on the back of trucks and assembled cost effectively onsite could become a reality by 2029, according to Rolls-Royce (LON:RR). The British blue chip, known globally for its aviation, shipping and land power applications, said Friday (January 24) the Small Modular Reactor (SMR) consortium it leads is confident […]
FG Lures UK Investors With Mineral Potentials
The Federal Government has tasked investors in the United Kingdom (UK) to consider investing in Nigeria’s mineral and mining sector, as it features attractive incentives and potentials. The call was made by the Minister of Mines and Steel Development, Arc Olamilekan Adegbite during the “Nigeria Beyond Oil” conference held in the UK. The Minister, who was the chief host […]
France And Germany Miss EU Climate Plan Deadline
The leaders of France and Germany have had a lot to say lately about the importance of European Union efforts to fight climate change. But when it comes to their own countries action plans, it would seem they are approaching the matter with less urgency. Only 18 of the 28 EU countries have submitted final […]
Grammy Predictions: Lizzo And H.E.R. Should Win Big
Women are going to dominate the R&B categories at this year’s Grammys, and several of the genre’s most popular females (such as Ella Mai, H.E.R. and Lizzo) may all walk away as the number ones. In fact, H.E.R. and Lizzo both have a shot at winning more than one R&B Grammy, and they’re both nominated […]
Is IHS Markit Overvalued?
IHS Markit (NASDAQ: INFO) had a hugely successful fiscal year 2019 (ending November), with strong revenue growth across segments driving steady improvement in profits. This helped the company’s stock jump 65% from $48 in January to around $79 now. Moreover, the company’s adjusted EBITDA margin also widened by 120 basis points due to lower operating expenses. However, […]
We Finally Know Exactly When This Season Of Fortnite Ends
Epic Games have finally announced the official end-date for this extremely long season. They’ve also provided some reasoning behind the delay and what we can expect while we wait. The official end-date for Fortnite Chapter 2, Season 1 is Thursday, February 20th. That’s also the official start-date for Chapter 2, Season 2. Read Also: How To Run […]
Yes, Ms. Disney — CEOs Get Paid Too Much
On January 31, the California State Senate will vote on SB 37, also known as “Corporate Fair Share for California and Californians.” Under the bill, corporations earning $10 million or more in the state would face progressive tax increases based on the pay gap between CEOs and their average workers. “The bigger the gap, […]