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Business

Valentino Garavani, Legendary Founder of His Eponymous Luxury Italian Fashion Empire, Dies at 93

ROME, Italy — Valentino Garavani, the Italian fashion designer who built the Valentino label into a luxury empire and became closely associated with the...

Dangote Details $5 Million School Fees Claim Against NMDPRA CEO

LAGOS, Nigeria — Aliko Dangote, president of Dangote Industries Limited, has released detailed figures to support his claim that Farouk Ahmed, chief executive of Nigeria’s Midstream...

Trump Okays Sale of Advanced Nvidia AI Chips to China

WASHINGTON, USA — President Donald Trump has announced that the United States will allow Nvidia, the world’s most valuable chipmaker and a central player...

Paystack Fires Co-Founder Ezra Olubi Over Sexual Misconduct Allegations

LAGOS, Nigeria — Paystack, one of Africa’s leading fintech companies, has terminated the employment of its co-founder and chief technology officer, Ezra Olubi, following allegations...

Dangote Group Signs Over $1 Billion Investment Deal in Zimbabwe

HARARE, Zimbabwe — Aliko Dangote, Africa’s richest man and chief executive of the Dangote Group, has announced a major investment agreement with the government of...

Elon Musk Seeks $1 Trillion Over Threats to Tesla Future

SAN FRANCISCO, USA — Elon Musk says his latest multibillion-dollar compensation package, the largest in corporate history, is not about personal enrichment but about...

Trump Pardons Binance Founder Changpeng Zhao, Citing ‘War on Cryptocurrency’

WASHINGTON, USA — President Donald Trump has granted a presidential pardon to Changpeng Zhao, the co-founder and former chief executive officer of Binance, the...

PENGASSAN Suspends Strike After Dangote Refinery Agreement

ABUJA, Nigeria — The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has suspended its nationwide strike following a resolution brokered by...

Dangote Denounces PENGASSAN Strike as ‘Bullying Tactics’

LAGOS, Nigeria — The management of the Dangote Petroleum Refinery has launched a blistering attack on the Petroleum and Natural Gas Senior Staff Association of...

Depot Owners Looted Over ₦2 Trillion in Fake Subsidy Claims, Otedola Alleges

LAGOS, Nigeria — Nigerian billionaire Femi Otedola has alleged that more than ₦2 trillion was siphoned during the administration of former President Goodluck Jonathan...

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