Former Goldman Sachs Analyst Receives 22-Month Jail Term for Insider Dealing

Former Goldman Sachs Analyst Receives 22-Month Jail Term for Insider Dealing

Mohammed Zina, a former analyst at Goldman Sachs International in London, was sentenced to 22 months in prison for insider dealing, following a trial in a London court. Zina, 35,

Tesla Unlikely to Manufacture Cars in India, Says Minister

Tesla Unlikely to Manufacture Cars in India, Says Minister

Tesla appears to have dropped plans to set up manufacturing operations in India, according to the country’s Minister for Heavy Industries, HD Kumaraswamy. Speaking on Monday as the Indian government

Nike Suffers Historic Decline, Erasing $28 Billion in Market Value

Nike Suffers Historic Decline, Erasing $28 Billion in Market Value

Nike, the global sportswear giant, has encountered a staggering downturn in its stock value, marking its most significant setback since its 1980 initial public offering. On June 28, 2024, in

Sony Music West Africa to Host ‘In Her Element’ Conference in Lagos

Sony Music West Africa to Host ‘In Her Element’ Conference in Lagos

Sony Music West Africa has unveiled plans for its ‘In Her Element’ conference, a two-day event set to take place in Lagos, Nigeria later this month. The conference aims to

US Tech Firm Fined for Discriminatory Job Posting

US Tech Firm Fined for Discriminatory Job Posting

Arthur Grand Technologies, a Virginia-based IT services firm, has been fined $38,500 for a job advertisement that specified only white, US-born applicants. The US Department of Justice announced the penalty,

Nvidia is Suddenly in Trouble

Nvidia is Suddenly in Trouble

Nvidia, the AI chipmaking giant, has encountered a major setback after a historic drop in its stock value. On Tuesday, the company's share price plummeted by 9.5%, wiping out an

ARM Appoints New CEO and Executive Director as Part of Strategic Leadership Shift

ARM Appoints New CEO and Executive Director as Part of Strategic Leadership Shift

Asset & Resource Management Holding Company (ARM), one of Nigeria’s leading investment firms, has announced a key leadership transition set to take effect in July 2025. Wale Odutola has been

Marvel Heroes Return in Explosive Fortnite “Absolute Doom” Season Trailer

Marvel Heroes Return in Explosive Fortnite “Absolute Doom” Season Trailer

Epic Games has unveiled the trailer for Fortnite's upcoming Chapter 5, Season 4, titled "Absolute Doom," set to launch on August 16. The new season promises the return of beloved

Gangs of Lagos: Lagos Govt Lacks Power to Regulate Film Industry – Amazon Tells Court

Gangs of Lagos: Lagos Govt Lacks Power to Regulate Film Industry – Amazon Tells Court

Entertainment company, Amazon, is seeking the dismissal of a suit against the controversial movie, Gangs of Lagos. It should be recalled that the movie, which was released in April, clearly

Sony Exec Discusses PS5 Superiority Over PCs and Holiday Strategy, Aiming for 25 Million Unit Sales

Sony Exec Discusses PS5 Superiority Over PCs and Holiday Strategy, Aiming for 25 Million Unit Sales

In a recent interview, Hideaki Nishino, Senior Vice President of Platform Experience at Sony Interactive Entertainment, shared insights into Sony's holiday season strategy and the PlayStation 5's position in the

Montana’s TikTok Ban Leaves Users, Business Owners Reeling

Montana’s TikTok Ban Leaves Users, Business Owners Reeling

Keri Williams, the owner of The Branded Pinto, a custom hat shop, credits TikTok for the success of her business. Two years ago, a video showcasing one of her creations

Rocket Homes Accused of Illegal Kickback Scheme by Consumer Watchdog

Rocket Homes Accused of Illegal Kickback Scheme by Consumer Watchdog

The Consumer Financial Protection Bureau (CFPB) has accused Rocket Homes, a subsidiary of Rocket Companies, and The Jason Mitchell Group real estate brokerages of engaging in an illegal kickback scheme

Shein to Open First Permanent Stores in France

Shein to Open First Permanent Stores in France

Fast-fashion giant Shein has announced plans to open its first permanent physical outlets, selecting France as the launchpad for the move. The retailer, best known for its low-cost, trend-driven clothing,

6 Reasons Nigerians Love Toyota Cars

6 Reasons Nigerians Love Toyota Cars

Toyota vehicles dominate the Nigerian automotive landscape, constituting the largest share of cars on the country's roads. In fact, for every five cars you encounter navigating Nigerian streets, at least

TikTok Sparks Concern Among Creators as Platform Shifts Focus Towards Longer Videos

TikTok Sparks Concern Among Creators as Platform Shifts Focus Towards Longer Videos

TikTok, the viral short-form video platform that revolutionized social media, is embarking on a significant shift by encouraging creators to produce longer videos. Originally known for its one-minute clips that

DStv Earns Top Spot as Africa’s Most-Admired Media Brand in the 13th Brand Africa 100: Africa’s Best Brands Survey

DStv Earns Top Spot as Africa’s Most-Admired Media Brand in the 13th Brand Africa 100: Africa’s Best Brands Survey

Last month DStv, one of the consumer brands of the Multichoice Group, continued to soar as the unrivalled media powerhouse in Africa, securing its position as the top “Most-Admired Media

Google Maps to Reflect Name Change of Gulf of Mexico to Gulf of America

Google Maps to Reflect Name Change of Gulf of Mexico to Gulf of America

Google Maps is set to update its platform to reflect a recent executive order renaming the Gulf of Mexico to the Gulf of America. The change follows a directive signed

BYD Recalls Nearly 97,000 Top-Selling EVs Due to Steering Control Fault

BYD Recalls Nearly 97,000 Top-Selling EVs Due to Steering Control Fault

Chinese electric vehicle giant BYD is recalling approximately 97,000 of its Dolphin and Yuan Plus electric vehicles (EVs) due to a defect in the steering control unit that poses a

Airlines Alert Pilots to Smoke Risk in Boeing 737 Max After Bird Strikes

Airlines Alert Pilots to Smoke Risk in Boeing 737 Max After Bird Strikes

Pilots at major airlines have been cautioned that bird strikes on Boeing 737 Max engines could result in smoke infiltrating the passenger cabin. This warning was issued by both Southwest

Sam Bankman-Fried Directed to Executives to Hide $8 Billion in Liabilities

Sam Bankman-Fried Directed to Executives to Hide $8 Billion in Liabilities

Prosecutors of the Commodities Futures Trading Commission (CFTC) that filed a lawsuit against former billionaire Sam Bankman-Fried (SBF) have alleged that the crypto exchange's executives hid $8 billion in liabilities

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