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Jeff Bezos Targets $100bn to Automate Global Industry with AI
Jeff Bezos is reportedly raising $100bn to acquire and automate manufacturing giants via AI, marking a seismic shift in global industry. Jeff Bezos is mobilisi…
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Quince Raises $500m, Hits $10.1bn Valuation
Quince secures $500m funding, doubling its valuation to over $10bn as revenue tops $1bn despite ongoing legal challenges. Quince, the online shopping platform,…
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Dangote Refinery Hikes Petrol Price to N1,175
Dangote Refinery raises petrol price to N1,175 per litre, sparking fears of higher costs for Nigerian motorists. Hard Economic times are here as Dangote Petrol…
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Oil Prices Hit Two-Year High Amid Middle East Crisis
Crude oil prices have skyrocketed to a two-year high following fresh warnings of a production halt in the Middle East. Global oil markets are witnessing a sha…
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Global Oil Prices Could Hit $150 as Middle East Crisis Deepens
A massive surge in global oil prices to $150 is looming if the Strait of Hormuz remains a no-go zone for tankers. The world is bracing for a massive spike in e…
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Petrol Prices Set to Hit N1,000 as Dangote Hikes Rates
Get ready for a jump in petrol prices as Dangote Refinery raises rates to N874/litre following global oil shocks. The cost of Premium Motor Spirit (petrol) is …
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Russia Supreme Court Upholds $1.2 Quintillion Fine on Google
Google has lost its final appeal in Russia, with the Supreme Court upholding a fine larger than all the money on Earth. The Russia’s Supreme Court has official…
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MTN Group Set to Acquire IHS Towers in $6.2 Billion Deal
Telecom giant MTN Group is set to buy IHS Towers in a massive $6.2 billion deal to boost African digital infrastructure. In a massive shake-up of Africa’s tele…
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States Pay N455bn Foreign Debt Service in 2025 – FAAC Data
Foreign debt service Nigeria rises sharply as states pay over N455bn in 2025, reducing funds available for projects and salaries. Nigerian states spent a total…
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Nigeria Fuel Prices May Drop as Import Costs Fall Below Dangote
Relief may be coming to the pump as fuel prices in Nigeria are expected to drop due to market competition. There is a glimmer of hope for motorists and busines…
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Why CBN, Spotify, and Canon are Choosing Managed Offices
Top firms like the CBN and Spotify are moving to managed office spaces in Nigeria to cut costs and boost flexibility. Big corporations in Nigeria are changing …
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CAC Now Processes 10,000 Daily Business Registrations via AI
Nigeria’s business registration enters a new era as the CAC hits 10,000 daily requests using AI technology. Nigeria’s business landscape is witnessing a massiv…
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MTN Eyes Full Control of IHS Towers in Massive $2.8bn Deal
MTN Group is in advanced talks to acquire the remaining 75% of IHS Towers, a deal that could reshape the industry. Africa’s telecommunications giant, MTN Group…
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10% Tax on Savings Interest Sparks Anger Among Nigerian Investors
Nigerians are questioning a 10% withholding tax on savings interest as banks enforce deductions amid economic pressure. Growing frustration is spreading among …
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Amazon Confirms 16,000 Job Cuts After Email Slip
Amazon has confirmed plans to cut 16,000 jobs globally, hours after an internal email about fresh layoffs was mistakenly sent to staff. The draft message, seen…
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