Rite Aid Files for Second Bankruptcy as Financial Struggles Persist
Rite Aid has filed for bankruptcy for the second time, just seven months after emerging from its previous Chapter 11 proceedings. The struggling pharmacy chain made the announcement on Monday,
MultiChoice Introduces Loyalty Benefits to Ease DStv, GOtv Price Increase
MultiChoice Nigeria has rolled out a loyalty reward program to cushion the impact of its latest price adjustments for DStv and GOtv subscribers. The pay-TV provider announced on Monday that
EbonyLife Place Launches The Afrobeat, World’s First Afrobeats-Themed Restaurant in Lagos
LIn a landmark fusion of music, culture, and cuisine, EbonyLife Place officially opens The Afrobeat today Thursday, May 29, 2025 - hailed as the world’s first restaurant dedicated to celebrating
Nvidia is Suddenly in Trouble
Nvidia, the AI chipmaking giant, has encountered a major setback after a historic drop in its stock value. On Tuesday, the company's share price plummeted by 9.5%, wiping out an
The Story of Guinness and Football in Nigeria
For over a decade, Guinness has been a dedicated supporter of football in Nigeria, creating unforgettable experiences for fans and cementing its association with the sport. The leading premium beer
Dior Reveals South African Actor Thuso Mbedu as the New Face of its Gris Dior Fragrance
Gris Dior, a gender-neutral fragrance launched a decade ago under the La Collection Privée for Christian Dior, has unveiled a new campaign featuring a diverse ensemble of artists. The perfume
TikTok Prepares Legal Challenge Against Potential US App Ban
TikTok is gearing up for a legal battle if Congress approves legislation that could lead to a nationwide ban of the popular app, according to an internal memo obtained by
Warner Bros. Discovery Matches Amazon’s $1.8 Billion Offer for NBA Rights
Warner Bros. Discovery (WBD) has informed the NBA that it will match Amazon's $1.8 billion annual offer to retain broadcast rights for a package of league games. In a statement
Family of Boeing Whistleblower Sues Company Over His Death
The family of John Barnett, a former Boeing quality control manager, has filed a wrongful death lawsuit against the aircraft manufacturer, accusing the company of harassment and intimidation that led
Tesla Stock Plummets Following Sharp Drop in Quarterly Profit
Tesla's stock took a significant hit on Wednesday, plummeting 12% after the company reported a dramatic drop in second-quarter profits. The electric vehicle (EV) giant faced a more than 40%
Apple Unveils iPhone 16e, a Cheaper Alternative to the iPhone 16
Apple has expanded its smartphone lineup with the introduction of the iPhone 16e, a more affordable version of the iPhone 16. Announced on Wednesday, the new device marks a strategic
Google Says AI Now Generates 75% of Its New Code
Google has revealed that artificial intelligence now produces approximately 75% of its new code, marking a significant leap from 25% in 2024 and 50% in 2025. The company said the
Auto Magnate, Lanre Shittu, is Dead
A popular auto dealer and Chairman of Lanre Shittu Group, Alhaji Rasaq Olanrewaju Shittu, is dead. Alhaji Shittu’s death was confirmed by his son, and Executive Director of the Group,
Tesla Faces Challenges as Cybertruck Pricing Drops Amid Market Realities
Tesla, a leader in the U.S. electric vehicle market, is grappling with unexpected challenges following the launch of its highly anticipated Cybertruck. Initially envisioned as a game-changing product, the vehicle's
POCO to Launch Two New Smartphones in Nigeria: C71 and X7 Pro Set to Expand Market Options
POCO, the fast-growing sub-brand of Xiaomi, is gearing up to introduce two new smartphones to the Nigerian market - POCO C71 and POCO X7 Pro - expanding its reach across
Apple iPod Creator Warns the Metaverse Will Encourage Trolls
Apple's iPod creator has warned the so-called metaverse risks creating more trolls and damaging human interaction.The virtual reality-based metaverse removes the ability "to look into the other person's face," Tony
Apple Sues OpenAI, Former Employees Over Alleged Theft of Trade Secrets
Apple has filed a federal lawsuit against OpenAI, its design subsidiary io Products and two former Apple employees, alleging the artificial intelligence company unlawfully obtained confidential information through the recruitment
Iconic “Aqua” Air Jordan 8s Set for July 19 Return in All Sizes
The legendary “Aqua” Air Jordan 8s are making a highly anticipated comeback this summer, with Nike confirming a July 19th, 2025 release date. The retro will be available in full
Tech Groups Ask Supreme Court to Put Texas Social Media Censorship Law on Hold
Two prominent lobbying groups representing the tech industry's biggest companies are asking the US Supreme Court to step in and block a Texas law that lets the state's residents sue
Facebook Offers Up to $3,000 Monthly to Attract TikTok and YouTube Creators
Facebook is rolling out a new initiative aimed at top content creators, offering payments of up to $3,000 per month to influencers who post regularly on the platform. The programme,
