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Business
SpaceX faces fresh bubble warning as $25B bond sale raises alarms
SpaceX has drawn fresh warnings over possible market excess after expanding its bond sale to $25 billion only weeks after its blockbuster public offering, while the SPCX stock has remained more than 30% below its post-IPO peak. According to the…
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Business
Kraken launches institutional crypto lending model with Maple
Kraken has expanded its institutional lending business through a new Maple-backed financing facility built around a bankruptcy-remote SPV. According to a joint June 24 an...
Business
Why airlines’re not passing fuel cost increases to passengers – United Nigeria Airlines
By Dickson Omobola United Nigeria Airlines, UNA, Thursday, disclosed that domestic airlines are yet to experience a major decline in the prices of aviation fuel, also kno...
Business
26 Rescued, 8 Dead in Lagos
The Lagos State Emergency Management Agency (LASEMA) says 26 persons have been rescued, while eight persons, including a baby girl, have died following the collapse of a ...
Business
Jarrod Patten sells more MSTR shares as Strategy stock hits new low
Strategy director Jarrod Patten has sold another 1,500 MSTR shares as the company’s stock has fallen to a fresh 52-week low and investor scrutiny over its Bitcoin t...
Business
EFCC, CAC Join Forces Against 80% Unregistered PoS Operators
The Economic and Financial Crimes Commission (EFCC) and the Corporate Affairs Commission (CAC) have expressed concerns over risks being posed to businesses and national s...
Business
Providus, Unity Bank Begin Integration as Merger Enters Final Phase
The merger between Providus Bank and Unity Bank has entered the integration phase following the completion of all legal and regulatory requirements, setting the stage for...