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Business

Businesses Struggling to Adapt to Lagos State’s Ban on Single-Use Plastics and Styrofoam

LAGOS, Nigeria - The Lagos State government's recent ban on styrofoam and single-use plastics, aimed at curbing environmental pollution, has been met with a...

Arraignment of Billionaire Cletus Ibeto Over N4.8 Billion Fraud Stalled

LAGOS, Nigeria - The scheduled arraignment of Cletus Ibeto, the chairman of Ibeto Energy Development Company, over alleged N4.8 billion fraud at a Lagos...

Nigerian Gov’t Imposes $110 Million Fine on British American Tobacco for Regulatory Violations

ABUJA, Nigeria - The Federal Competition and Consumer Protection Commission, FCCPC, has imposed a hefty fine of $110 million on British American Tobacco Nigeria,...

Ojoma Ochai Appointed New Managing Director of Co-creation Hub

LAGOS, Nigeria - Co-creation Hub (CcHUB), Africa's largest innovation center, announced today the appointment of Ojoma Ochai as its new managing director. This significant leadership...

Diddy’s Empire Takes a Hit as 18 Brands Cut Ties Over Sexual Assault Allegations

NEW YORK, USA - In the wake of multiple sexual assault allegations against Sean "Diddy" Combs, numerous businesses have decided to end their partnerships...

Landmark Verdict: Google’s App Store Monopoly Ruled Illegal by US Federal Jury

CARLIFONIA, USA - In a decision that marks a watershed moment in the tech industry, a federal jury has declared Google's dominance over its...

Valentine Ozigbo Appointed First Non-Executive Director on World Freestyle Football Association Board

NAIROBI, Kenya - In a significant development for African sports, Valentine Ozigbo, Chairman of Feet 'N' Tricks, has been appointed as the first-ever Non-Executive...

Dana Air Debunks Engine Explosion Claims as ‘Fake News’

LAGOS, Nigeria - A social media post alleging that the engine of a Dana Air aircraft exploded just before take-off has stirred significant attention...

Philanthropist Valentine Ozigbo Lights Up Anambra’s Future Tech Leaders with Decagon Institute Visit

BENIN, Nigeria — Valentine Ozigbo, a titan of Nigerian business and philanthropy, set the halls of Decagon Institute in Benin City, alight on Sunday,...

Sam Altman Joins Microsoft, To Lead New AI Research Team

NEW YORK, USA - In a surprising turn of events, Sam Altman, formerly the CEO of OpenAI, has been appointed to lead a new...

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