Toyota Issues Recall for 280,000 Vehicles Over Neutral Gear Safety Concerns
Toyota has announced a recall affecting approximately 280,000 pickups and SUVs in the United States due to potential safety issues related to the vehicles' neutral gear function. In a statement
Trump Signs Order to Delay TikTok Ban, Shield Business Partners
In a high-profile move, President Donald Trump signed an executive order on Monday that temporarily halts the enforcement of a law banning TikTok and offers legal protection to companies associated
Picasso Masterpiece Depicting His Young Mistress Could Sell for Over $120 Million at Auction
A masterpiece by Pablo Picasso titled "Femme à la montre" is poised to make history at auction this fall, with expectations of fetching over $120 million. The 1932 oil painting
Target to Lay Off 1,000 Employees as Sales Slump Deepens
Retail giant Target has announced plans to lay off around 1,000 corporate employees and eliminate 800 open positions, a move that will affect roughly 8% of its global corporate workforce,
Amazon Announces its First Fully Autonomous Mobile Warehouse Robot
American e-commerce giant, Amazon has announced its "first fully autonomous mobile robot," designed to move large carts throughout its warehouses. The robot named Proteus can safely navigate its way around
Marketers Adjust Pumps as Fuel Price Hits N617/Litre
Petrol prices in some Nigerian National Petroleum Company Limited (NNPCL) filling stations in Abuja surged from N537/litre to N617/litre on Tuesday, leaving independent oil marketers to confirm the increase and
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,
Former MIT Students Charged with Stealing $25 Million in Cryptocurrency in Seconds
Two former Massachusetts Institute of Technology students have been arrested on charges of orchestrating a sophisticated scheme that exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12
Starbucks Unveils Inclusive Store Design for Customers with Disabilities
Starbucks has launched its first cafe with a design focused on providing customers with disabilities a more accessible store experience, signalling a broader commitment to inclusivity in its retail spaces.
Arena Group CEO Fired Amidst Scandal Surrounding AI-Generated Sports Illustrated Articles
In the wake of the revelation that Sports Illustrated had been publishing articles allegedly authored by artificial intelligence, leading to a controversy involving fake author names and AI-created images, Ross
YouTube Users Frustrated as Videos Stream in Low Quality Amid Unresolved Glitch
YouTube users have been experiencing significant video quality issues over the past week, with many reporting that videos and Shorts are displaying in blurry, pixelated resolutions despite having strong internet
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
Nike’s Global Slowdown Signals Key Lessons for Nigerian Marketers and Retailers
Global sportswear giant Nike is experiencing a significant slump in sales, with a 9% drop recorded in the last quarter and a steep 17% decline in the Chinese market. Even
Hooters Files for Bankruptcy, Plans to Restructure and Continue Operations
Hooters, the restaurant chain known for its iconic orange uniforms and all-female wait staff, has filed for bankruptcy, the company announced Monday. Despite the filing, the decades-old brand assured that
Former FTX Executive Ryan Salame Sentenced to Seven and a Half Years in Prison
Ryan Salame, the former co-CEO of FTX's Bahamian subsidiary, was sentenced to 90 months in prison on Tuesday. This decision comes after Salame pleaded guilty in September to making unlawful
First Bank Secures Approval for 43-Storey Headquarters at Eko Atlantic
First Bank of Nigeria has received official approval from the Lagos State government to commence the construction of its 43-storey headquarters at Eko Atlantic City in Lagos. The certificate of
Lucasfilm President Kathleen Kennedy Steps Down After 14 Years
Kathleen Kennedy is stepping aside as president of Lucasfilm after 14 years leading the studio behind the Star Wars franchise, one of the most successful in Hollywood history. The company
Anne Wojcicki’s Nonprofit Wins $305 Million Bid to Acquire 23andMe Following Bankruptcy
A nonprofit organization led by Anne Wojcicki, co-founder and former CEO of genetic testing company 23andMe, has successfully secured the acquisition of the company after it filed for bankruptcy in
Volkswagen Recalls 260,000 Compact Cars Over Fire Risk
Volkswagen has issued a recall for over 260,000 compact cars in the United States due to a potential fire risk associated with a pump located inside the gas tank. The
Eight Million Australians Urged to Switch Off Lights
Australia's energy minister, Chris Bowen has urged households in New South Wales - a state that includes the country's biggest city Sydney - to switch off their lights in the
