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
Rihanna’s Fenty Beauty Out to Prove Africa is a Viable Market
Five years ago, Barbadian singer, actress and fashion designer, Rihanna took the cosmetics market by storm when she unveiled a makeup brand distinctly designed for people of color. Once again,
Garnier Unveils Largest Advertising Campaign in a Decade, Featuring TikTok Star Charli D’Amelio
Garnier, the renowned beauty brand, has launched its most extensive advertising initiative in over a decade, enlisting TikTok sensation Charli D’Amelio as the face of its latest campaign introducing a
Elon Musk’s xAI Lays Off 500 Staff in Major Restructuring of Grok Training Team
Elon Musk’s artificial intelligence company, xAI, has carried out a sweeping overnight restructuring of its data annotation division, resulting in the layoff of about 500 employees. The affected team had
Starbucks Introduces Environmentally Friendly Redesign for Plastic Cups
Starbucks has unveiled a sustainable makeover for its plastic cups, aiming to reduce environmental impact while maintaining the familiar experience for customers. The coffee chain announced on Thursday a redesigned
Transactions Above N500,000 Can Lead to Trouble – Police Warn POS Operators
The Delta State Police Command has issued a strict warning to Point of Sale (POS) operators, cautioning them against processing transactions exceeding N500,000, due to the risk of being linked
IBM Mandates Managers to Return to Office or Face Job Loss
IBM has issued a stark ultimatum to its managers: return to the office or risk parting ways with the company. In an internal memo dated January 16th, Senior Vice President
Kanye West’s Autographed Anti-Adidas Vinyl Auctioned for Half a Million Dollars
A unique Kanye West vinyl album, featuring an explicit message aimed at adidas, is up for auction and commanding an astronomical price. The item in question is a vinyl copy
Samsung Boss, Lee Jae-yong, Acquitted of Financial Crimes in Surprise Legal Victory
In a surprising ruling, Lee Jae-yong, the billionaire boss of Samsung Electronics, has been acquitted by a Seoul court on charges of stock manipulation and accounting fraud linked to a
TikTok Creators Sue Montana Over App Ban
A group of TikTok users has filed a lawsuit seeking to overturn Montana's recently enacted ban on the app, arguing that it violates the First Amendment. The complaint was filed
Pepsi Partners Superstar Chlöe Bailey to Reimagine ‘Footloose’ to Celebrate the Return of Pepsi-Cola Soda Shop
Pepsi has announced the return of Pepsi-Cola Soda Shop, a modern take on classic soda shop flavors, with a new limited-edition flavor – Zero Sugar Cream Soda Cola – joining
From 9mm to .50 Cal: Discovering if the Tesla Cybertruck Really is Bulletproof
In a bid to put Elon Musk's bold claims to the test, the YouTube channel JerryRigEverything has subjected the Tesla Cybertruck to a barrage of firearm rounds, ranging from a
FDIC Chair Martin Gruenberg to Resign Amid Scathing Workplace Investigation
FDIC Chair Martin Gruenberg announced his resignation following an independent investigation that exposed widespread sexual harassment, discrimination, and bullying within the agency responsible for regulating the banking sector. "In light
Elon Musk’s Social Media Platform X Faces Legal Challenge Over Employee Termination
X, the social media company formerly known as Twitter and now under Elon Musk's leadership, is facing legal troubles as the National Labor Relations Board (NLRB) has filed a complaint
Volkswagen Recalls Over 271,000 SUVs Due to Faulty Airbags
Volkswagen has issued a recall for 271,330 Atlas and Atlas Cross Sport SUVs due to a defect in the passenger-side airbags. According to the U.S. National Highway Traffic Safety Administration
New Balance 550 Set to Drop in “Sea Salt” Colorways for Fall 2025
New Balance is bringing a clean, understated touch to its classic 550 silhouette this Fall 2025 with the upcoming “Sea Salt” pack. The release will feature two fresh iterations of
Google Enhances Gemini AI Platform with Major Updates for Improved User Experience
Google has rolled out significant updates to its Gemini conversational AI platform, introducing new features designed to enhance user experience and performance. Similar to ChatGPT, Gemini assists users with a
Activision Blizzard Settles Gender Discrimination Lawsuit with California for $54 Million
In a landmark resolution, video game giant Activision Blizzard and the California Civil Rights Department (CRD) have reached a settlement in a gender discrimination lawsuit, amounting to approximately $54 million.
Foxconn: iPhone Maker Sees Revenue Slump as Demand Weakens
Apple's biggest supplier Foxconn says its revenue last month fell by 11.65% compared to the same period in 2022 due to weaker demand for electronics. However, February revenue was more
Drake and Nike’s NOCTA Raise $43.7M to Save Italian Soccer Club Venezia FC from Bankruptcy
In a remarkable turn of events, musician Drake has played a pivotal role in raising €40 million ($43.7 million) to rescue Italian soccer club Venezia FC from the brink of
