Category : Search result: 750 million deal


MA'AM Energy Takes Control of Geregu Power in $750m Deal

MA'AM Energy Limited becomes the new controlling shareholder of Geregu Power Plc in a landmark $750 million transaction, leading to a complete board overhaul. Discover the details and implications for Nigeria's power sector.

Otedola Sells Geregu Power Stake for N1.088 Trillion

Nigerian billionaire Femi Otedola has sold his controlling stake in Geregu Power Plc in a landmark N1.088 trillion transaction. Discover the details and implications of this major shift in Nigeria's energy sector.

Zelensky, Trump Clash Over Ukraine Peace Deal in Florida

Ukrainian President Volodymyr Zelensky meets Donald Trump at Mar-a-Lago to push a revised 20-point peace plan. The talks follow a massive Russian attack on Kyiv and European pledges of support. Will Trump approve?

Zelensky reveals US-Ukraine plan to end Russian war

President Zelensky details a 20-point US-led draft to end the Ukraine war. While some concessions were won, major hurdles on territory, NATO, and a referendum remain. Read the full analysis.

US Signs $2.1B Nigeria Health Deal with Christian Focus

The US has signed a major 5-year health agreement with Nigeria, committing $2.1 billion. The deal specifically aims to strengthen Christian faith-based healthcare amid security concerns. Read the full details.

Lula to EU: Show courage, sign Mercosur trade deal

Brazil's President Lula da Silva calls on the European Union to finalize the long-delayed Mercosur trade pact, aiming to create the world's largest free trade zone. Read the latest updates.

EU-Mercosur Trade Deal Postponed to January 12

The historic EU-Mercosur trade pact, creating the world's largest free trade zone, faces delay due to farmer protests. A new signing date is now targeted for January 12 in Paraguay. Get the full details.

Coursera, Udemy Merge in $2.5B Online Learning Deal

Coursera and Udemy are merging in a $2.5 billion all-stock deal to create a massive online learning platform, expanding access to AI and tech courses worldwide. Learn what this means for Nigerian learners and professionals.

The Weeknd's $600M Net Worth in 2025

A deep dive into The Weeknd's $600 million fortune in 2025. We break down his earnings from the $1B tour, music catalogue deal, and path to billionaire status.

EU-Mercosur Trade Deal Faces Crucial Vote

A landmark EU-Mercosur trade deal, 20 years in the making, faces a crunch vote. While promising a massive free-trade zone, it sparks fierce protests from European farmers fearing cheap imports. Read the full details.

Group Storms ICPC, Demands Probe of NMDPRA Chief

A civil society group storms ICPC, demanding an urgent probe into allegations that NMDPRA boss, Engr. Farouk Ahmed, spent $5m on his children's Swiss education. Read the full story.

Reps Committee Denies Extorting JAMB, Refunds N62.7M

The House of Representatives committee has denied allegations of extorting JAMB, revealing it refunded N62.7 million twice. Get the full details on the oversight controversy and the cleared air.

The Weeknd's $1B Music Deal Explained

The Weeknd's $1 billion catalogue deal with Lyric Capital is a strategic partnership, not a sale. He retains creative control and ownership, setting a new standard for artist equity in the music industry.

Protests Erupt Over NMDPRA Boss's $5M School Fees

Civil society groups announce coordinated protests in Nigeria, New York, and London, demanding NMDPRA CEO Farouk Ahmed's removal over alleged $5 million school fees scandal. Join the call for accountability.

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