Ford Temporarily Lays Off 700 Workers at F-150 Lightning Plant
In a surprising development, Ford is temporarily laying off approximately 700 workers responsible for assembling the F-150 Lightning, the electric variant of its highly popular pickup truck. Unlike some recent
Asking young Nigerian Billionaires How They Got Rich at 25 (Watch Video)
In today's episode, Steven Ndukwu meets with some of Nigeria's richest young billionaires who have built wealth in their twenties to try and understand how they did it and also
Samsung Chairman Jay Y. Lee Cleared of Fraud and Stock Manipulation Charges
A Seoul appeals court has acquitted Samsung Electronics Chairman Jay Y. Lee of accounting fraud and stock manipulation charges related to a 2015 merger, marking a significant legal victory for
McDonald’s Restores Quarter Pounder Sales Nationwide After E. coli Outbreak Clearance
McDonald's has resumed sales of its Quarter Pounder burgers across the United States, following confirmation that its beef patties were not linked to a recent E. coli outbreak that led
Jack Ma’s Return Signals Shift in China’s Business Climate
After years of regulatory scrutiny and economic uncertainty, China appears to be making a renewed push to support private enterprises. In a move seen as a turning point, Chinese leader
Heineken Announces £39m Investment to Reopen Over 60 Closed Pubs
Heineken, the brewing giant, has revealed plans to inject £39 million into its UK pub chain, Star Pubs, with the aim of reopening 62 pubs that had been closed in
FLYGABON Expands Into Lagos, Launches Flights To Johannesburg And Other African Cities
FLYGABON, Gabon’s national airline, has officially commenced flight operations from Lagos as part of its expansion strategy across Nigeria and the African aviation market. The airline said the move is
Chipotle to Open First Restaurant in Mexico Despite Social Media Skepticism
US fast-food chain Chipotle Mexican Grill is set to open its first restaurant in Mexico this week, marking a significant milestone as the company expands into the country that inspired
Hyundai, LG to Spend $2 Billion More on Georgia Battery Plant
Hyundai Motor Group and LG Energy Solution have announced plans to increase their joint investment in a battery manufacturing plant located in Georgia by an additional $2 billion. This expansion
ByteDance Moves to Restrict AI Video Tool Amid Mounting Legal Pressure from Hollywood
ByteDance has said it will tighten controls on its artificial intelligence video generator after facing legal threats from Disney and criticism from other major entertainment groups. The response follows a
Diesel Price Soars to N950/litre, Triggering Concerns of Shutdowns and Job Losses
Oil marketers have raised an alarm over the skyrocketing cost of diesel in Nigeria, revealing that a combination of foreign exchange challenges and the recent implementation of a 7.5% Value
Once a Strong Nike Competitor, Under Armour Now Struggles to Stay Relevant
Under Armour, once touted as a formidable rival to Nike, is now grappling to maintain its relevance in an increasingly competitive sportswear market. Founded by 23-year-old former college athlete Kevin
TikTok Craze Pushes Cottage Cheese Demand Beyond Supply in the US
Cottage cheese, once considered an outdated diet staple, has become a viral sensation on TikTok - and US producers are struggling to keep up with the surge in demand. According
FG Bans Use of Foreign Models, Voice-Over Artists in Nigerian Adverts
The federal government through the Advertising Regulatory Council of Nigeria (ARCON) has banned the use of foreign models and voice-over artists for advertisements targeted at Nigerians. The is as the
Adidas Launches Empowering Campaign: “You Got This”
Adidas has kicked off a new global brand campaign aimed at athletes of all levels, featuring both professional stars like Patrick Mahomes and rising talents like Trinity Rodman, sharing insights
Grand Canyon National Park Hotels to Close Amid Waterline Failures Ahead of Busy Holiday Weekend
Hotels within Grand Canyon National Park will close, and camping will be restricted due to a critical failure in the park's water supply system, just before one of the year's
Nikola CEO is Leaving the Company After Just 18 Months
Nikola, the electric and hydrogen semi truck manufacturer based in Arizona, announced on Friday that its President and Chief Executive Officer, Michael Lohscheller, is leaving the company with immediate effect.
Apple’s 2024 Strategy Shifts Focus to Wearables with Anticipated Updates and New Features
As Apple gears up for 2024, the tech giant is set to significantly emphasise its wearables business, signalling a shift away from the traditional iPhone-centric approach. Among the key areas
Bulgaria Adopts the Euro as 21st Member of Currency Bloc Amid Public Divide
Bulgaria has officially joined the eurozone, becoming the 21st country to adopt the single European currency after a long and often turbulent path to membership. The move places the Balkan
Louisiana Files Lawsuit Against Roblox Over Child Safety as Shares Slide
Roblox is facing fresh legal pressure as Louisiana’s Attorney General, Liz Murrill, filed a lawsuit against the gaming platform, accusing it of failing to adequately safeguard children. The development comes
