CBN Gives Update on Keystone Bank
The Central Bank of Nigeria (CBN) has reassured the public of Keystone Bank’s stability following a recent court ruling that ordered the forfeiture of its shares to the federal government.
Elon Musk, Twitter Sued by Florida Pension Fund Over $44bn Takeover
These might not be the best times for popular business magnate Elon Musk as his $44 billion buyout of Twitter Inc. has been challenged in a lawsuit by a Florida
Apple Urged to Remove New AI Feature After Falsely Summarizing News Reports
Apple is under mounting pressure to remove its newly launched AI-powered news summarization feature after it falsely attributed a headline to the BBC, prompting concerns from press freedom advocates. The
Spotify Thrills Influencers, Media With Music & Art Experience
Spotify recently brought together influencers, media, creators and visual artists to a captivating experience. Spotify has established itself as the streaming platform of choice for many young Nigerians who are
Philanthropist MacKenzie Scott Surpasses Donation Goals with $640 Million to US Non-Profits
Renowned billionaire philanthropist MacKenzie Scott has announced a staggering donation of $640 million to support non-profit organizations in the United States, surpassing her earlier planned contributions for the year. Scott's
As Red Lobster and TGI Fridays Close, Fast-Food Chains and Other Businesses Move Into Prime Real Estate
With Red Lobster and TGI Fridays shuttering locations across the U.S., new businesses are seizing the opportunity to take over these prime properties. In Woodbridge, Virginia, a former TGI Fridays
Google Loses Landmark Antitrust Case Over Search Dominance
In a landmark decision, a federal judge has ruled that Google violated U.S. antitrust laws by maintaining an illegal monopoly in the search engine market. The ruling, delivered on Monday
Two Prominent Real Estate Brokers and Their Brother Charged in Sex Trafficking Case
Three brothers, prominent real estate brokers Tal and Oren Alexander, alongside their sibling Alon, have been charged in a disturbing federal sex trafficking case that allegedly spans over a decade.
HSBC Names Third CEO in Less Than Eight Years
HSBC has announced that its Chief Financial Officer, Georges Elhedery, will take over as CEO, making him the bank’s third chief executive in less than eight years. Elhedery, a 50-year-old
ASICS Unveils Refreshing “Sprite” Colorway for GEL-Kayano 14
ASICS is welcoming the warmer months with a vibrant new edition of one of its most beloved silhouettes, the GEL-Kayano 14. Drawing inspiration from the fizzy freshness of lemon-lime soda,
Coca-Cola Launches “Happy Tears” Flavor Targeting Gen Z with Limited Edition Release
Coca-Cola is venturing into uncharted territory with its latest addition to the Coca-Cola Creations platform: "Happy Tears," a soda flavour that combines Coca-Cola Zero Sugar with a splash of salty
Electric Truck Maker Nikola Files for Chapter 11 Bankruptcy
Electric vehicle manufacturer Nikola has filed for Chapter 11 bankruptcy protection, citing financial difficulties, rapid cash depletion, and an inability to secure sufficient funding. The company announced on Wednesday that
Southwest Airlines Ends Open-Seat Boarding Tradition, Embraces Assigned Seating
Southwest Airlines, a pioneer in the low-fare, no-frills airline model, announced on Thursday that it will end its five-decade-long tradition of open-seat boarding, transitioning to assigned seating. This significant change
The “Wirkin”: Walmart’s Affordable Answer to the Hermès Birkin Bag
For budget-conscious fashionistas, Walmart has become an unlikely hero, offering a handbag dubbed the “Wirkin” as an affordable alternative to the iconic Hermès Birkin bag. This look-alike has taken the
Amazon’s Ring Cancels Surveillance Partnership After Privacy Backlash
Amazon’s smart doorbell subsidiary Ring has ended a planned partnership with U.S. surveillance firm Flock Safety, following mounting criticism over privacy and surveillance concerns. The agreement, announced in October, would
Home Depot to Pay $2 Million Settlement for Overcharging Customers in California
Home Depot has agreed to pay nearly $2 million to settle a civil enforcement case brought by California district attorneys, accusing the home improvement giant of false advertising and unfair
Jay-Z Acquires Vinicius Jr’s Agency
Roc Nation Sports International (RNSI), owned by American billionaire hip-hop mogul Jay-Z, has completed the acquisition of Brazilian football agency TFM Agency. The acquisition, we gathered, was part of RNSI’s
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
Elon Musk Becomes the First Person to Reach $400 Billion in Net Worth
Elon Musk has reached an unprecedented financial milestone, becoming the first individual in history to amass a net worth of $400 billion, according to Bloomberg. This achievement marks another record
Ubisoft Shareholder Accuses Company of Withholding Talks with EA, Microsoft
A shareholder of Ubisoft has accused the company of failing to disclose meetings with Electronic Arts (EA) and Microsoft regarding the potential acquisition of its intellectual properties (IP). The shareholder,
