Saturday, November 23, 2024

Business News Today

Nigerian Box Office Generates Over N5 Billion in Revenue in 2024

Sure! Here is the rewritten blog post in simple English: The Nigerian movie theaters made over N5 billion in money from January to July 2024. They aim to reach N10 billion by the end of the year.This good news comes...

U.S. President Joe Biden Withdraws from Reelection Citing Health and Age Concerns

US President Joe Biden has decided not to run for reelection. Some people in his party were worried about his mental sharpness and his chances of beating Donald Trump. Now, the presidential race is a bit uncertain. On Sunday, Biden...

US President Joe Biden Backs Kamala Harris for 2024 Democratic Presidential Nominee

Alright, let's make this simple and clear so even a young child can understand. Here it goes: President Joe Biden of the United States has said that Vice President Kamala Harris should be the Democrat’s choice for the next President...

Nollywood Stakeholders Advocate Against Dissolution of National Film and Video Censors Board

Leaders in Nigeria's Nollywood industry are asking the government to keep the National Film and Video Censors Board (NFVCB) as it is. This is because the government is thinking about making big changes based on the Oronsaye Report.George Akume,...

U.S. Launches International Entrepreneur Rule (IER) for Non-Citizen Startup Founders

The United States has a new rule called the International Entrepreneur Rule (IER) for people from other countries who want to start and grow their businesses in the United States. The goal of the International Entrepreneur Rule (IER) is to...

Nollywood’s “What About Us” Rakes in N24.6 Million During Opening Weekend

Nollywood's newest movie, "What About Us," made a big splash in Nigerian theaters, earning N24.6 million in just three days. The film premiered on July 12, 2024, marking the first time Emmanuel Iren, the head Pastor of Celebration Church International,...

Unity Bank Customers Garner Over N4 Million in Cashtoken Rewards Promotion

People who use Unity Bank have won over N4 million in cash rewards. This is part of a special program they started with a company called Cashtoken, which gives cash rewards. 40 lucky customers...

Crypto Trading Volume Drops by 21.8% in June, Marking Third Consecutive Month of Decline

In June, trading on centralized crypto exchanges went down by 21.8%, continuing a trend we've seen since March. This is the third month in a row with less trading activity.A report from CC Data showed that the total trading...

UC RUSAL Pledges $500 Million to Revitalize Aluminium Smelter Company in Ikot Abasi

UC RUSAL, the team that runs Aluminium Smelter Company of Nigeria (ALSCON), wants to put $500 million into fixing the smelter company in Ikot Abasi, a place in Akwa Ibom State.This news came from ALSCON's boss, Alexey Arnautov, when...

Netflix Gains 8 Million New Paid Subscribers in Q2 2024, Achieves $9.5 Billion Revenue Milestone

Netflix, a popular place to watch shows and movies online, got 8.05 million new subscribers in the second part of 2024. People thought Netflix would only get 5.2 million new users, but they did...
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Latest News

Nigeria's population could rise to 450 million by 2050: experts

Experts have expressed concern about the possible increase in Nigeria's population, which could reach 450 million by 2050 if...
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