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China’s Short-Drama Producers Flood The Market With Cheap Bets And Let Audiences Pick The Winners

China’s short-drama producers flood the market with cheap bets — and let audiences pick the winners

China’s short drama industry has landed on a strategy that looks almost old-fashioned in its logic even as it’s powered by some of the newest generative AI tools available: throw dozens of cheap, quickly made titles at the market and let audience reaction decide which ones deserve real investment. Rather than pouring significant capital into … Read more

UBA Discloses Delay In Release Of H1’26 Financial Statements

UBA discloses delay in release of H1’26 financial statements

United Bank for Africa Plc has confirmed that its audited half-year financial statements for 2026 will reach investors later than usual, after securing an extension from the Nigerian Exchange Limited to file the results by September 30. The disclosure, made through a regulatory filing, clarifies a process that had already been quietly moving forward behind … Read more

Dangote To Launch Own Shipping Fleet To Boost Maritime Operation

Dangote to launch own shipping fleet to boost maritime operation

Dangote Group is moving to build its own shipping fleet, a decision that gets to the heart of one of the most persistent problems facing Nigeria’s industrial export ambitions: there simply aren’t enough vessels available to move what the country produces. Sada Ladan-Baki, head of international trade export at Dangote Cement, confirmed the plan at … Read more

MTN Group: New Landlord, Same Old Tenant

MTN Group: New landlord, same old tenant

MTN Group: New landlord, same old tenant as $2.2 billion IHS Towers Nigeria acquisition clears regulatory hurdle MTN Group has cleared one of the biggest obstacles standing between it and full control of Nigeria’s largest tower infrastructure company, marking a striking reversal for Africa’s largest telecom operator after years of selling off the very assets … Read more

Moniepoint is phasing out MonieWorld, its UK remittance product

Moniepoint is phasing out MonieWorld, its UK remittance product

Moniepoint is phasing out MonieWorld, its UK remittance product, in favor of a unified cross-border banking experience Moniepoint is winding down MonieWorld, the standalone remittance app it launched in April 2025 to serve the UK’s Nigerian diaspora, in a move that signals the Nigerian fintech unicorn is consolidating its cross-border ambitions into its core banking … Read more

UK moves ahead with first £10 billion wave of low-cost housing plan

UK moves ahead with first £10 billion wave of low-cost housing plan

UK moves ahead with first £10 billion wave of low-cost housing plan targeting affordable housing crisis and social rent homes Britain’s government has set out the details of nearly £10 billion in funding aimed at building lower-cost housing for renters, marking the first major rollout under a much larger ten-year commitment and giving the clearest … Read more

New NASA telescope to probe dark energy, dark matter and exoplanets

New NASA telescope to probe dark energy, dark matter and exoplanets

New NASA telescope to probe dark energy, dark matter and exoplanets with Nancy Grace Roman Space Telescope launch 2026 NASA is preparing for one of its most significant astronomical launches in decades, with the Nancy Grace Roman Space Telescope set to lift off from Kennedy Space Center on August 30, 2026, aboard a SpaceX Falcon … Read more

Expect higher prices after Trump admin’s latest moves on Canada, Iran

Expect higher prices after Trump admin’s latest moves on Canada, Iran spark inflation fears and tariff uncertainty Consumers already weary of grocery bills and gas station sticker shock have two fresh reasons to brace for higher costs this fall. Within the span of a single week, the Trump administration escalated economic pressure on two very … Read more

Deutsche Bank’s €500 million buyback to begin on Tuesday

Deutsche Bank's €500 million buyback to begin on Tuesday

Deutsche Bank’s €500 million buyback to begin on Tuesday as record profits fuel shareholder returns Deutsche Bank is set to launch a new €500 million share buyback program on Tuesday, marking a milestone for Germany’s largest lender as it becomes the first repurchase in the bank’s history funded directly from the current year’s net income … Read more

Ex-Deutsche Bank private bank employee admits to embezzlement of customer money

Ex-Deutsche Bank private bank employee admits to embezzlement of customer money

Ex-Deutsche Bank private bank employee admits to embezzlement of customer money in wealth management fraud case A former Deutsche Bank employee has admitted to embezzling customer funds from the bank’s private banking division, confirming an incident that first surfaced in reporting from Germany’s Süddeutsche Zeitung and has since worked its way through internal investigation and … Read more