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Business

Nvidia’s Latest AI Bet Is a $12.9 Billion Purchase of Hugging Face

SANTA CLARA, United States — Nvidia has agreed to acquire Hugging Face, a widely used platform for open-source artificial intelligence, for $12.9 billion. The chipmaker...

BREAKING: Uber Exits Nigeria After More Than a Decade

LAGOS, Nigeria — Uber ended its operations in Nigeria on Wednesday, September 2, 2026, the company told customers in an email. The ride-hailing platform did...

Meta Reaches $18 Billion Deal With U.S. States Over Teen Social Media Safety

OAKLAND, United States — Meta has agreed to pay as much as $18 billion and impose new restrictions on teenage use of Facebook and...

Disney Sues FCC, Alleges Political Retaliation in Fight Over ABC Broadcast Licences

WASHINGTON, United States — Disney and its ABC television network have sued the Federal Communications Commission, accusing the agency of using its regulatory authority...

How Music Legend Dolly Parton Built a $450 Million Fortune From Songs and Dollywood

NASHVILLE, United States — Dolly Parton’s net worth was estimated at $450 million before her death in Nashville. Her fortune came from music ownership,...

Dangote Increases Coastal and Gantry Prices for Petrol, 2nd Increase in Days

LAGOS, Nigeria — Dangote Petroleum Refinery and Petrochemicals FZE has raised its petrol gantry price to ₦1,200 a litre. The new rate took effect...

Nigeria Tightens Capital Market Restrictions on North Korea and Iran

ABUJA, Nigeria — Nigeria’s Securities and Exchange Commission has ordered capital market operators to restrict financial dealings connected to North Korea and Iran. The measures...

AI Worries Send Tech Stocks Lower as South Korea’s Kospi Plunges

NEW YORK, United States — Tech stocks led a sharp sell-off across global markets on Tuesday, June 23, 2026, as weakness in artificial intelligence-linked...

Parcel of Live Ammunition Sent to FirstBank MD Segun Alebiosu

LAGOS, Nigeria — The Lagos State Police Command said it had not made any arrest after a parcel containing live ammunition was delivered to...

SEC Warns Investors Against Unapproved Dangote Refinery IPO Promotions

ABUJA, Nigeria — Nigeria’s Securities and Exchange Commission, SEC, has ordered capital market operators to stop promoting a purported initial public offering by Dangote...

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