Author: SIYABONGA SOKHELA

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CBN warns financial holding companies to maintain controlling interest in subsidiaries or face license revocation. New 2026 guidelines tighten oversight, raise capital requirements, and restrict dividends.

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House Ways and Means unveils 7-bill crypto tax overhaul including wash sale rules and staking clarity. Legislation drops Friday ahead of key hearing.

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PSG vs Arsenal meet in the 2026 Champions League final in Budapest on May 30. Kick-off is 12pm ET on CBS/Paramount+. See why the time changed and who to watch.

• SIYABONGA SOKHELA
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Apple Inc. crushed Q2 2026 earnings with $111.2B revenue, driven by iPhone 17 demand and Services growth. CEO Tim Cook highlighted record upgrades in China amid supply chain headwinds.

• SIYABONGA SOKHELA
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Illinois unveils $55B FY2026 budget with new gambling/tobacco taxes, cuts immigrant healthcare, and raises transit tolls. No $25 min wage proposal found.

• SIYABONGA SOKHELA
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Cole Tomas Allen arrested after firing shots at White House Correspondents' Dinner. Secret Service subdued gunman near President Trump. No serious injuries reported.

• SIYABONGA SOKHELA
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SIMULATE hits a $250M valuation after a $50M Series B led by Alexis Ohanian. Ben Pasternak's plant-based NUGGS are expanding to 10,000 retail locations.

• SIYABONGA SOKHELA
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Singer D4vd (David Burke) arrested by LAPD for the murder of 14-year-old Celeste Rivas Hernandez after her remains were found in his Tesla.

• SIYABONGA SOKHELA
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Daniil Medvedev suffers a historic 6-0, 6-0 double bagel loss to Matteo Berrettini at the Rolex Monte-Carlo Masters, featuring a 7-racket smashing meltdown.

• SIYABONGA SOKHELA
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Eight AFCON 2025 quarter-finalists confirmed after dramatic Round of 16. Morocco, Nigeria, Egypt among teams advancing. Quarter-finals begin Jan 9.

• SIYABONGA SOKHELA
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Central Bank of Nigeria mandates $1 million capital for transfer firms, approves 14 new operators. Aimed at doubling formal remittances and stabilizing exchange rates in 2024.

• SIYABONGA SOKHELA
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Cremonese stunned Sassuolo 3-2 in a dramatic Serie A opener, with Manuel De Luca scoring the winner in the 93rd minute at Stadio Giovanni Zini on August 29, 2025, handing Cremonese their first home win over Sassuolo in Serie A history.