Business
Nigeria’s Accountant General suspended over N80bn fraud
Corruption seems to have eaten so deep into the fabric of the polity. Ahmed Idris, Nigeria’s Accountant General of the Federation, who was on...
$1.1billion financing and acquisition Of OML 17 By Tony Elumelu
By Tony Elumelu Last week, our team at Heirs Oil and Gas (HHOG), was in London to receive the “Africa Deal of the Year 2021”...
BP profits soar as calls for windfall tax grow
The energy giant, Bp Plc- British oil and gas company headquartered in London, England stated an underlying earnings of $6.2bn (£4.9bn) as compared to...
Elon, Musk and Twitter in $44 billion deal
The Tesla Giant, Billionaire Elon Musk, the world richest man is certainly the biggest name in the news currently. On the news, Twitter...
Tesla delivers record number of EVs in ‘exceptionally’ difficult quarter
Tesla reported Saturday that it delivered more than 305,000 electric vehicles in the first quarter, a record-breaking figure that was inline with analyst expectations...
Former Cruise CEO Dan Ammann joins ExxonMobil
Dan Ammann, the New Zealand native who served as CEO of autonomous vehicle company Cruise since 2019, has moved on to ExxonMobil, where he...
Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion
As the use of aircraft like drones, electric vertical take-off and landing vehicles and uncrewed aerial vehicles take off, Japanese startup Terra Drone wants to make...
Reliance Retail acquires majority stake in D2C brand Clovia for $125 million
Mukesh Ambani-controlled Reliance Retail said on Sunday evening it is acquiring a majority stake of 89% in direct-to-consumer brand Clovia for $125 million as...
Zoox acqui-hires team from robotic strawberry-picking startup, Strio.AI
Amazon-owned robotaxi firm Zoox this week announced that it has acquired Strio.AI. The Boston-based robotics startup was founded in 2020 by MIT alumns to bring autonomous...
