The €10bn offer, which would merge two of Italy’s largest lenders, comes while UniCredit is building up its stake in Germany’s Commerzbank. ADVERTISEMENT Italian lender UniCredit has launched a €10.1bn surprise offer for its smaller rival Banco BPM. The larger lender announced on Monday that it would offer 0.175 of its own shares for each share in Banco BPM, valuing …

At least 24 people have d!ed after two boats carrying mostly Somali nationals capsized off the coast of Madagascar, local authorities said. A statement from Somalias Ministry of Foreign Affairs said efforts were underway to “ensure the safe return of the survivors”. The two boats carried a total of 70 passengers. The vessels were discovered adrift off Madagascar’s north coast on Saturday, …

Phyna was not allowed into a restaurant in Lagos due to her revealing outfit.  The Big Brother Naija winner took to X to disclose that the restaurant accused her of indecent dressing and denied her entrance.  She appeared shocked by their decision as she ended her post with “WTF!!!”  Phyna shared a video of the outfit she was wearing and …

A  27-year-old Nigerian man identified simply as Popori has been arrested for allegedly stabbing a fellow citizen , Monday G, to d3ath in Grenoble, a city in the Auvergne-Rhone-Alpes region of southern France. City, France.   It was gathered that the incident occurred during an altercation between the two men in a grocery on Friday evening, November 22, 2024,    …

The 2024 BBC Sports Personality of the Year will be held at MediaCityUK in Salford on Tuesday, 17 December. Gabby Logan, Alex Scott and Clare Balding will present the show live on BBC One and BBC iPlayer from 19:00 GMT. It will celebrate an incredible 12 months of sporting action, including Great Britain’s success at the Paris Olympics and Paralympics, …

Manchester City Manager, Pep Guardiola has said his side are not used to losing consecutive games and must do everything possible to turn things around.   The club’s hopes of bouncing back from their recent poor run was quashed as they were hammered 4-0 by Tottenham Hotspur.   A brace from James Maddison and goals from Pedro Porto and Brennan …

  The usually tranquil atmosphere of highbrow Banana Island in Ikoyi Lagos came alive on Saturday night as technology company, Globacom, sponsored the community’s Starlight Night to signal the commencement of the Yuletide season.    According to the Banana Island Property Owners and Residents Association Lagos (Biporal), which organised the event, the 2024 Starlight Night, the fifth in the series, was an …

After reaching a two-week high, crude oil prices fell back on Monday as investors rebalanced positions in major asset classes. However, bullish factors remain in the near term as geopolitical tensions rise. ADVERTISEMENT Crude oil prices rose to a two-week high amid a major escalation in the Ukraine and Russia war. The Brent futures at ICEsurged 5.8% and the WTI …

One person has d!ed and three people have been injured after a DHL cargo plane crashed this morning, Nov. 25, near the Lithuanian capital.  The Lithuanian airport authority identified the aircraft as a “DHL cargo plane flying from Leipzig, Germany, to Vilnius Airport.”  A search is currently under way for a fourth person.  The plane, operated for DHL by the Spanish …

  Nigeria’s Premium Motor Spirit, also known as petrol, is reportedly being smuggled to neighboring countries as it is still 58 per cent cheaper than what is obtained in neighbouring countries. As at press time, petrol in the Republic of Benin, costs Ceffa 600 per litre, an equivalent of $0.97 or N1649 per litre. In Ghana, the product sells for Ghc …