NNPC Withholds N13.7 Trillion in Revenue from Federation Account
The Nigerian National Petroleum Company Limited (NNPCL) has failed to remit N13.763 trillion in revenue to the Federation Account, according to a document from the Federal Accounts Allocation Committee (FAAC)
Disney+ Faces Surge in Cancellations Following Jimmy Kimmel Suspension
Disney+ and Hulu experienced a sharp rise in subscription cancellations in September, following the temporary suspension of late-night host Jimmy Kimmel, new data shows. According to analytics firm Antenna, Disney+'s
Twitter is Adding Calls and Encrypted Messaging
Twitter has added encrypted messaging to the platform Wednesday, and calls will follow shortly, CEO Elon Musk has revealed via a tweet. “…This will grow in sophistication rapidly. The acid
Reebok and Whim Golf Debut Exclusive Classic Leather Sneaker
Reebok has partnered with luxury golf apparel brand Whim Golf to launch a new iteration of the Classic Leather sneaker, marking the latest development in their collaboration. The Whim Golf
Nike Partners with Nigerian Customs Design Company Layerx to Champion Culture and Sustainability
Nike, the world's leading supplier of athletic shoes, has joined forces with Nigerian customs design company Layerx in an exciting partnership aimed at promoting culture and environmental sustainability. This innovative
Rite Aid Sells Pharmacy Assets of Over 1,000 Stores to Competitors Amid Bankruptcy Struggles
Rite Aid has announced the sale of pharmacy assets from more than 1,000 of its stores to major rivals, including CVS Pharmacy, Walgreens, Kroger, and Albertsons, as part of its
Telcos May Raise Call, SMS, and Data Tariffs in Early 2025 Amid Economic Challenges
Nigerians could face higher charges for calls, SMS, and data services starting early 2025, as the federal government considers approving a long-awaited tariff review. Telecom operators have been advocating for
New Apple Exclusive Reveals iPhone 14 Price Shock
Apple leaks have revealed that the iPhone 14 Pro models will receive multiple exclusive upgrades and higher pricing. However, fresh reports have revealed that the standard iPhone 14 models will
USAID Partners with Ascend Studios to Launch the Africa Creative Blueprint
The U.S. Agency for International Development (USAID), in collaboration with Ascend Studios, has announced the launch of the Africa Creative Blueprint, a groundbreaking initiative designed to strengthen Nigeria’s creative industry
Ford Scales Back Diversity and Inclusion Efforts Amidst Political Pressure
Ford Motor Company has become the latest major corporation to scale back its diversity and inclusion initiatives, joining a growing number of companies reevaluating their strategies in response to shifting
Tesla Cuts Prices Again – Investors Should Focus on This Instead
It feels as if every day brings new price changes from Tesla TSLA –0.65% . Investors are getting used to them. The bigger deal now is the electric-vehicle company’s first-quarter
Apple Reverses App Store Policy, Allows Retro Game Emulators
In response to mounting antitrust pressure from regulators in both the US and the European Union, tech giant Apple has announced a significant reversal of its App Store policies. Among
‘Up NEPA!’: New Documentary Explores Nigeria’s Ongoing Power Struggles
In the drive to advance Nigeria’s development, the chronic issue of inconsistent electricity supply remains a significant obstacle. A new documentary, "Up NEPA!", delves into this pervasive problem, capturing the
Apple and Google are Working Together to Limit AirTag Stalking
Apple and Google have announced that they are collaborating on an industry specification aimed at combating safety risks associated with Bluetooth-enabled tracking devices like AirTags. The proposed standard requires the
Heinz’s New ‘Pickle Ketchup’ Hits Shelves in 2024
Heinz, the renowned ketchup brand, is set to introduce an unconventional condiment to its lineup, combining the classic taste of ketchup with the tangy essence of pickles. Named "Pickle Ketchup,"
Starlink Announces Price Hike for Nigerian Subscribers Starting January 2025
Starlink, the satellite internet service founded by Elon Musk, has announced new subscription rates for its Nigerian customers, with the changes taking immediate effect for new users and beginning January
PayPal Announces Workforce Reduction of 9%
In the latest workforce adjustment within the tech industry, PayPal has revealed plans to cut approximately 9% of its employees, echoing a pattern seen across various tech giants such as
Waje and Daughter Emerald Share Insights on Financial Independence and Empowerment
Nigerian singer Waje, renowned for her powerful vocals and hit songs, recently shared her journey toward financial security and independence during an interview with Channels News. Alongside her daughter, Emerald,
Tesla’s First Quarter Earnings Plunge, But Promises of Cheaper Model Ahead
Despite reporting a 48% plunge in adjusted earnings for the first quarter, Tesla remains optimistic about its future plans, including the launch of a cheaper model next year. The electric
Amazon Corporate Workers Stage Walkout, citing ‘Lack of Trust’ in Leadership
Amazon corporate workers staged a visible walkout to express their lack of trust in the company's leadership. Organizers claimed that over 1,000 employees participated, while Amazon disputed the number, estimating
