French media company Canal+ is contemplating a R31.7 billion ($1.6 billion) acquisition of MultiChoice, a South African media company. Canal+ is offering R105 ($5.6) per share, a 40% premium over MultiChoice’s recent closing share price. Notably, Canal+ already owns 31.7% of MultiChoice, despite regulatory challenges to foreign ownership in South Africa. Comcast, the parent company […]

The upcoming Lagos Motor Show (LSM), in collaboration with the Classic Cars Collector of Nigeria and ‘Work and Play,’ a prominent Motor Sport and recreation company, is set to present an exhibition of cars and showcase various motor sports, including Vintage, Classic, Exotic Cars, and Motor Sports. The event will take place at the Tafawa […]

The Nigerian Railway Corporation (NRC) has declared the imminent launch of rapid services on the narrow-gauge connecting Kano and Lagos. The announcement about the revival of train operations on the Kano-Lagos narrow gauge surfaced in a recent social media update by the NRC on its official X handle last Saturday. A post on X from […]

Exploring opportunities, especially for potential emigrants or Nigerian students, requires a meticulous evaluation of the advantages and disadvantages in light of prevailing economic conditions and immigration policies. It is imperative to align these considerations with individual goals. Awoyemi Olamide, the CEO of Trail Business Travel Education and Consulting, emphasizes the significance of this assessment. His […]

The Lagos state government, via the Lagos metropolitan area transport authority (LAMATA), declared the conclusion of the 25% rebate on commuting charges throughout the entire Lagos state public transport system. this change takes effect starting Sunday, January 28, 2024. LAMATA, on Friday, January 26, 2024, issued a public announcement disclosing the termination of the 25% […]