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Titan Trust Bank raises $300 million from Afreximbank to fund Union Bank takeover

Titan Trust Bank got $300 million financing to complete the buyout of a controlling stake in Union Bank, according to the investment bank that midwifed the deal. PAC Capital Limited facilitated the raise of the much-needed cash from Cairo-based African Export-Import Bank (Afreximbank), Humphrey Oriakhi, the CEO of the investment bank, said in an emailed statement sent to PREMIUM TIMES. “Specifically, the arranged funding completed the funds required for the proposed acquisition,” Mr.…

Berserk & Attack On Titan Top Penguin Random House’s Top 100 Manga

| Go Berserk! Penguin Random House has put together a number of charts for distributing comic books and graphic novels over the last three months, including their entire manga selection, comic books translated from Japan or, for some, created in a Japanese style. The chart also includes Japanese light novels, translated and published by manga publishers and notes that Mo Dao Zu Shi's novels are climbing the charts taking three out of the top fifteen spots including two in the top ten, and with more titles announced.…

The Attack On Titan And Avengers Crossover You Likely Never Saw

Taking place in Secret Wars #0, the story was titled "Attack on Avengers." Titans from "Attack on Titan" have arrived to terrorize New York City in the crossover. As the Avengers assemble to stop them from destroying the city, they find themselves daunted by the threat of the giants. As the massive humanoids wreak havoc, Spider-Man and Hawkeye use their respective powers to vanquish their share of Titans. Even some of the nine make appearances, with the Female Titan being battled by Iron Man and The…

Titan Smart Cable ads sucked me in and I’m not sorry

I still get excited about charging cables. Maybe it's because I need and use a lot, or maybe it's because I go through a lot of cables because I'm not kind to them. Only the other day I slammed one in a car door and broke it. Another got frayed from use. Another broke apart at the connector, probably because I pulled on it too much. Also: The perfect USB-C charging cable: Power meter includedOh, and there's that one that broke because my car cradle forced the cable into a tight 90-degree bend and, well, it didn't like

MSI Titan, Raider, CreatorPro, Vector Gaming Laptop Lineups Refreshed With Latest Intel, Nvidia Hardware

MSI recently refreshed its HX gaming laptop portfolio equipped with the latest 12th Gen Intel Core processors. The updated laptop lineup includes a model that is equipped with a mechanical keyboard with inbuilt Cherry MX switches, while two others sport 240Hz Quad-HD OLED displays with a 240Hz refresh rate. The laptops, which were launched globally, will also be available in India in the future. Meanwhile, gamers will be able to take advantage of 250W power delivery to the CPU and GPU with the company's OverBoost…

The real owners of Union Bank after Titan Trust takeover

The consummation this week of a share sale and purchase deal handing 93.4 per cent stake held by a group of core investors in the more-than-a-century old Union Bank of Nigeria Plc to Titan Trust Bank Limited, means the bank is now owned by the emerging markets-focused investment firm Tropical General Investments Limited (TGI), the parent company of the digital bank. The investment company, based in Lagos with offices in Dublin, Ireland, has interests in pharmaceuticals, FMCG, agricultural…

New ‘Destiny 2’ update buffs Solar Warlock and Solar Titan

Bungie has made some new tweaks to Destiny 2, including a significant overhaul to the Solar Warlock and Solar Titan. Bungie states in its This Week At Bungie blog post: “As we’ve said in the past through TWABs, socials, and other dev updates, we’d much rather ship something a little too spicy than something bland that makes a bad first impression. I think with Solar 3.0, we landed somewhere in the middle, and the team feels very passionately that this is the wrong place to be.” The statement continues: “To that end,…

Union Bank board dissolved after Titan Trust takeover

Union Bank Nigeria Plc has announced the dissolution of its board and a new chief executive officer. The new CEO is Titan Trust Bank’s managing director, Mudassir Amray, according to a note to the Nigerian Exchange Limited. The decisions came after Titan Bank concluded the takeover of Union Bank, Nigeria’s second oldest bank. The bank has also appointed a new chairman and three directors. They are Farouk Gumel, chairman, and Andrew Ojel, Abubakar Mohammed and Lawrence Mackombo, directors.…

Titan Trust Bank completes takeover of Union Bank

Titan Trust Bank Limited (TTB) has brought to closure the deal enabling it to purchase a controlling stake in Nigeria’s second-oldest lender, Union Bank of Nigeria, the latter said Thursday in a regulatory filing, almost half a year after an agreement was reached by both parties. The lender, backed by a former Central Bank of Nigeria deputy governor, Tunde Lemo, set out to acquire 89.4 per cent interest in Union Bank from a pool of stakes from exiting major investors including British…

MSI announces Titan GT77 with 4K screen and 250W of combined power

MSI’s Titan used to be the company’s highest-performance gaming notebook, rivaled only by desktop-adjacent devices like Alienware’s Area-51m in terms of performance and power. Such devices, while impressive, are a fairly niche product, and the company hasn’t refreshed the Titan line in a few years. Today, at its MSIology press conference, the company announced that the Titan line is returning. It looks like the new Titan GT77 will be one of the most powerful gaming laptops you can buy this year (if not the most…