Business

BusinessNews

FG Launches ₦150,000 Grant for Jigawa Entrepreneurs As Protests Loom Nationwide

President Bola Tinubu has approved a ₦150,000 grant for each business owner in Jigawa State. Vice President Kashim Shettima announced this during the...

BusinessNews

U.S. Fintech, Mercury Bank, Adds Nigeria To List Prohibited From Opening Accounts 

Mercury Bank, a United States-based fintech popular among African tech founders, has recently added Nigeria to its list of prohibited countries. This move...

CrowdStrike Significant Devices
BusinessNews

Microsoft IT Outage: CrowdStrike Says ‘Significant Number’ Of The 8.5 Million Affected Devices Are Now Working

CrowdStrike has reported that a significant number of the devices affected by Friday’s software update glitch are back online. The outage, which hit...

Dangote Refinery Not Yet Licensed, Still At 45% Pre-Commission Stage - Says NMDPRA
BusinessPolitics

Dangote Refinery Not Yet Licensed, Still At 45% Pre-Commission Stage – NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said the Dangote Refinery is not yet licenced and is still at the...

BusinessWorld

Star Garments Group Invests $15 Million in Togo, To Create 4,520 Jobs By 2030

Star Garments Group, a global leader in sustainable apparel manufacturing, recently announced it is investing $15 million in a new plant in Togo....

BusinessNews

Economic Hardship: TotalEnergies To Sell Nigeria Onshore Assets To Chappal Energies For $860M

TotalEnergies has entered into a definitive agreement to sell its onshore oil assets in Nigeria to indigenous firm Chappal Energies for $860 million,...

BusinessNews

Elon Musk To Move SpaceX And X Headquarters To Texas Over California’s Trans Student Privacy Law

Elon Musk has announced that SpaceX and X (formerly Twitter) will relocate their headquarters from California to Texas. Musk cited California’s new student...

BusinessNews

EU Accuses X Of ‘Misleading Users’ With Its Verification System, Others

Elon Musk’s X, formerly known as Twitter, has been accused by the European Commission of violating the Digital Services Act (DSA). The commission...

BusinessWorld

Tatu City Accuses Kenyan Governor Of Attempting To Extort Foreign Investors

Tatu City, a 5000-acre real estate development in Kenya, accused Kiambu County Governor, Kimani Wamatangi and his aide, of trying to extort 4.3...

Elon Musk's AI startup secures $6 billion for market growth
BusinessNews

Elon Musk Wins $500M Lawsuit Against Former Twitter Employees  

Elon Musk has defended against a lawsuit demanding $500 million in severance pay from former Twitter employees. A U.S. District Judge, Trina Thompson,...

BusinessNews

Greece Justifies Its New Six-Day Workweek Policy Following Public Blacklash

The Greek government has defended its new six-day workweek policy, saying it does not alter the standard five-day, 40-hour workweek mandated by law....

BusinessNews

Dyson to Slash 1,000 UK Jobs Due To Rising Global Competition

Dyson, the renowned vacuum cleaner manufacturer, is set to cut around 1,000 jobs in the United Kingdom, where it currently employs 3,500 people....