Days after making history as the world’s first Trillionaire following the SpaceX IPO, Elon Musk has officially lost his 13-figure title.
A massive global tech sell-off triggered a brutal $500 billion market crash, causing both SpaceX and Tesla shares to plummet over 30% from their mid-June peaks.
According to the Bloomberg Billionaires Index, Musk’s net worth has dropped to around $957 billion.
Despite this market crash, he remains the richest man alive by a wide margin.
President Bola Ahmed Tinubu will not physically attend the 81st Session of the United Nations General Assembly (UNGA 81) taking place at the UN Headquarters in New York....
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The U.S. Federal Bureau of Investigation (FBI) and Nigeria’s Economic and Financial Crimes Commission (EFCC) have partnered to initiate a joint investigation into the alleged diversion, budget inflation...
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Global ride-hailing pioneer Uber has officially shut down its transportation services in Nigeria and Uganda, concluding a 12-year presence in West Africa’s largest economy. The decision forms part...
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The U.S. President, Donald Trump has renewed his sharp criticism of the Federal Reserve, insisting that current interest rates are excessively high and calling on the central bank...
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The World Bank revealed that Nigeria's poverty rate has climbed to 63%, leaving approximately 140 million citizens living below the national poverty line. The multilateral lender noted a...
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