Getty Images Aliko Dangote made his money through sugar and cement Petrol production at Nigerian business tycoon Aliko Dangote’s $20bn (£15.5bn) state-of-the-art oil refinery ought to be some of the best business news Nigeria has had in years. But many Nigerians will judge its success on two key questions – firstly: “Will I get cheaper petrol?” Sorry, but probably no – unless the international price of crude drops. And secondly:
Article content A northern Ontario First Nation has decided it is willing to continue with the process to potentially become host to a deep geological repository for Canada’s nuclear waste. The Nuclear Waste Management Organization plans to select a site this year where millions of bundles of used nuclear fuel will be placed in a network of underground rooms connected by cavernous tunnels. Article content The process for the $26-billion
Kelly Steckelberg attends an Evening from the Heart LA 2022 Gala hosted by the John Ritter Foundation for Aortic Health at Valley Relics Museum in Van Nuys, California, on May 5, 2022. Araya Doheny | Getty Images Canva, a high-valued design software startup that competes with Adobe, said Monday that it hired Kelly Steckelberg as its chief financial officer, five years after she helped take Zoom public and then guided
Investing.com –Donald Trump’s social media company, Trump Media & Technology Group is advanced discussions to buy digital asset marketplace Bakkt in an all-stock deal, the Financial Times reported on Monday, citing people familiar with the matter. Trump’s Truth Social platform-parent Trump Media & Technology Group , which as been seeking to diversify its offerings beyond social media, recently launched crypto venture, World Liberty Financial. President-elect Trump has previously positioned himself as pro-cryptocurrency on the
USDT-issuer Tether is investing in Quantoz Payments to launch new Markets in Crypto-Assets Regulations (MiCAR)-compliant stablecoins in the European markets. According to a new Tether announcement, the crypto firm says its launching two new stablecoins, EURQ and USDQ, via Tether’s Hadron platform. Says Tether, “These stablecoins represent a significant milestone in advancing grassroots-regulated digital asset solutions in Europe. Quantoz’s decision to leverage Hadron by Tether is a key proof point
One Solana (SOL)-based memecoin is going parabolic after earning sudden support from Binance, the world’s largest crypto exchange. Binance announced futures contracts in the USDT trading pair support for Comedian (BAN), which soared to a new all-time high of $0.378 on Monday. BAN has since retraced and is trading for $0.292 at time of writing, up more than 1,600% from its low in early November of $0.017. With a market
Shiba Inu (SHIB), a leading meme coin, has gained significant traction with a 30% price surge over the past month. Over the last year, SHIB experienced an impressive 181% growth, bolstering investor optimism. Despite minor market corrections, SHIB’s strong momentum highlights its potential for further gains in 2024. Analysts speculate SHIB might replicate XRP’s path, potentially exceeding the $1 mark. Positive market sentiment and growth trends suggest promising opportunities for
Donald Trump’s social media company, Trump Media and Technology Group, is in advanced discussions to buy Bakkt, a cryptocurrency-trading platform that is part of Intercontinental Exchange. The would-be all-stock deal fits TMTG’s plans to expand from its Truth Social platform. Shares of Bakkt jumped nearly 66% on the news before a halt was implemented due to volatility. This would also represent a significant expansion for TMTG into the cryptocurrency space,
Pro-XRP lawyer Jeremy Hogan has provided insights into the potential timeline for the approval of an XRP exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). In a recent post on X (formerly Twitter), Hogan stated that the average timeframe for ETF approval ranges from six to twelve months. Based on this estimate, a decision on the XRP ETF application could be expected by mid-2025 if the SEC’s
Netflix (NFLX) shares recovered from earlier losses on Monday after the streaming giant’s highly anticipated boxing event between heavyweight champion Mike Tyson and YouTube personality Jake Paul experienced technical glitches throughout the live broadcast. The issues have sparked concerns about the company’s ability to deliver other types of live programs, especially with the upcoming NFL Christmas Day games in just over a month. Customers complained about buffering disruptions and streaming
