Elon Musk’s net worth has fallen below $300 billion. According to the Bloomberg Billionaires Index, Musk lost an estimated $4.4 billion on Monday as Tesla shares tumbled alongside the broader global sell-off. The electric vehicle company’s decline contributed to a total wipeout of…

Crude oil prices have weakened, declining by over 12% to approximately $65.50 per barrel, following sweeping trade tariffs imposed by President Donald Trump on several countries. Oil had traded above $70 per barrel before the tariffs were announced. According to OPEC Secretariat calculations,…

Bitcoin and major cryptocurrencies saw significant gains in Monday’s early trading, with Bitcoin reaching approximately $87,480. This represents a 3.71% increase. Ethereum also experienced a notable rise, climbing 4.05% to trade at $2,093. The overall cryptocurrency market capitalization increased by 2.94% over the…

Bitcoin’s price plunged nearly 10 percent on Monday as an escalating trade war and uncertainty over creation of a US crypto reserve fund sent investors running from risk. After jumping on US President Donald Trump’s talk of creating a national cryptocurrency reserve, bitcoin…

Inflation reduced to 24.48 per cent in January 2025, according to the National Bureau of Statistics (NBS). The Statistician of the Federation and the CEO of NBS, Prince Adeyemi Adeniran, made this known in a briefing in Abuja on Tuesday. He also said…