CBN Fines 29 Banks ₦15 Billion Over Anti-Money Laundering and Terrorism Financing Breaches
The Central Bank of Nigeria (CBN) has imposed fines totaling ₦15 billion on 29 financial institutions for breaching Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations. This revelation was made
Trump Unveils $1 Million ‘Gold Card’ Visa for Wealthy Foreign Applicants
President Donald Trump has introduced a new fast-track immigration programme that offers wealthy foreign nationals a pathway to live - and potentially become citizens - in the United States, provided
India’s Cocoa Boom: How Squirrels and Innovation Are Reshaping a Growing Industry
For George Matthew, a doctor-turned-farmer in Kerala, a failed experiment with cocoa saplings a decade ago became the foundation for a thriving venture—thanks to some unexpected help from squirrels. Dr.
World Athletics Uncovers £1.3m Corporate Theft, Fires Staff and Calls in Police
World Athletics has revealed that it fell victim to a €1.5 million (£1.3 million) corporate theft, leading to the dismissal of staff members and the involvement of law enforcement agencies.
Air Peace Reduces Nigeria-London Airfare by N600,000
Air Peace has announced a significant reduction in ticket prices for its Nigeria-London route, slashing fares by up to N600,000 as part of its latest promotional campaign. The airline’s Head
TECNO Unveils Ultra-Slim SPARK 40 Series, Opens Pre-Orders with ₦5,000 Deposit Offer
Smartphone maker TECNO has officially announced the launch of its highly anticipated SPARK 40 Series, touting it as the slimmest device in the brand’s lineup to date. The announcement has
Tesla to Reveal Cybercab, Marking Major Push into Self-Driving Cars
Tesla is set to unveil its highly anticipated self-driving robotaxi prototype, dubbed the Cybercab, at a special event on Thursday at Warner Bros Studios in Burbank, California. The event, titled
Soho House Acquired for £2bn as Ashton Kutcher Joins Board
Private members’ club group Soho House has been bought in a £2bn ($2.7bn) deal that brings Hollywood actor and investor Ashton Kutcher onto its board. The takeover is being led
Court Bans VIO and Others from Stopping and Confiscating Vehicles
The Federal High Court in Abuja has issued a landmark ruling preventing the Directorate of Road Traffic Services, also known as VIO, from stopping vehicles, impounding them, or imposing fines
Samsung Gets $6.4 Billion Grant to Ramp Up Chip Production in Texas
In a significant move aimed at fortifying the U.S. semiconductor industry, the Biden administration announced plans to allocate up to $6.4 billion in grants to South Korea's Samsung Electronics. The
Elon Musk Returns Twitter Bird Logo, Removes ‘W’ From Company Name At Headquarters To Read ‘Titter’
The Chief Executive Officer (CEO) of popular microblogging company Twitter, Elon Musk, has changed the company’s logo from “doge” meme back to its former classic blue bird logo. The company
TikTok Investigating Claims of Aggressive Work Culture
As a direct fallout of an executive of popular social media platform, TikTok allegedly saying that he did not believe employees should get maternity leave, the company is currently investigating
ANZ Bank Apologises After Staff Learn of Job Cuts Through Mistaken Email
ANZ, one of Australia’s largest banks, has apologised to employees after some staff were mistakenly informed they had lost their jobs through an automated email. The message, which instructed recipients
Apple Confirms USB-C is Coming to iPhone: ‘We Have No Choice’
No matter the reason, the USB-C is finally coming to iPhones as Apple looks to switch from Lightning to USB-C port on its iPhones. As eported by The company did
Nvidia Identifies Huawei as Key Competitor in AI Chip Sector
Nvidia, a leading technology company based in Santa Clara, has recognized Huawei as a significant competitor in several crucial areas, particularly in the production of processors vital for artificial intelligence
Amount UK’s Richest Pay in Income Tax Revealed
The UK’s wealthiest 60 individuals collectively paid more than £3 billion in income tax during the 2021/22 fiscal year, new figures reveal. Each of these individuals earned at least £50
Import bill on Used vehicles in Nigeria drops by 83%
Nigeria's import bill for used vehicles, commonly referred to as "Tokunbo" cars, has seen a dramatic decline, dropping by 83% in the first half of 2024. According to data from
Disney Channels Pulled From YouTube TV After Licensing Dispute
Millions of subscribers in the United States have lost access to Disney-owned channels, including ESPN, ABC, National Geographic, and the Disney Channel, after negotiations between Disney and YouTube TV collapsed
Government Unveils Plan for 50,000 New Apprenticeships to Tackle Youth Unemployment
The government has announced a major push to increase apprenticeship opportunities, saying up to 50,000 young people are expected to benefit from a new skills package aimed at reversing rising
Coca-Cola’s Newest Flavor is Aimed at Gamers
Coca-Cola is set to introduce a new limited-edition flavor called Coca-Cola Ultimate, targeting the growing demographic of gamers that has caught the attention of mainstream food and beverage brands. The
