Samuel Nwite
AUTHOR: Samuel Nwite
SoftBank Acquires DigitalBridge for $4bn to Bolster AI Infrastructure
SoftBank Group has agreed to acquire DigitalBridge Group, a leading global digital infrastructure investment firm, in an all-cash transaction with an enterprise value of...
Tinubu Approves Cancellation of $1.42bn, N5.57 Trillion NNPC Debts to Federation Account
President Bola Tinubu has approved the cancellation of about $1.42 billion and N5.57 trillion in outstanding debts owed by the Nigerian National Petroleum Company...
Verisk Abandons $2.35bn AccuLynx Acquisition After FTC Review Delay, Setting Stage for Legal Dispute
Verisk has terminated its planned $2.35 billion acquisition of roofing software firm AccuLynx after U.S. antitrust regulators failed to complete their review by the...
China Announces Tariff Cuts on Key Commodities and Medical Products Starting 2026
China will implement tariff reductions on a range of imported products beginning January 1, 2026, including resource-based commodities and medical supplies, as part of...
Nvidia Completes $5bn Intel Share Purchase, Offering Key Lifeline to Struggling Chipmaker
Nvidia has completed a $5 billion investment in Intel, finalizing a closely watched transaction that underscores both Intel’s financial strain after years of strategic...