Asian stocks extended their upward momentum on Thursday amid rising optimism that trade tensions between the…
Category: Business
Afreximbank Launches $1 Billion Fund to Boost African Film Industry
The African Export-Import Bank (Afreximbank) has unveiled a $1 billion Africa Film Fund aimed at transforming…
Federal Ministry of Finance Denies Allegations of Irregular Contract Awards
The Federal Ministry of Finance has responded to an online publication, Akelicious, which suggested that under…
PwC to Lay Off 1,500 US Employees Amid Global Strategic Restructuring
Accounting giant PwC is laying off approximately 1,500 employees in the United States, representing about 2%…
OpenAI to Acquire AI Coding Startup Windsurf in $3 Billion Deal — Report
OpenAI has reached an agreement to acquire Windsurf, an AI-powered coding tool formerly known as Codeium,…
MTN Nigeria Reports N133.7 Billion Profit in Q1 2025, Reversing Previous Year’s Loss
MTN Nigeria Communications Plc has reported a profit after tax of N133.7 billion for the first…
Oil Spill Hits Ikata Community in Rivers State, Raises Alarm Over Environmental Impact
An oil spill has been reported in the Ikata community of Ahoada East Local Government Area,…
U.S. Government Offers Travel Aid and $1,000 Incentive for Voluntary Self-Deportation
The U.S. Department of Homeland Security (DHS) announced on Monday a new initiative aimed at encouraging…
Shell Reportedly Exploring Potential Acquisition of BP Plc
Shell Plc is working with advisers to assess the possibility of acquiring rival BP Plc, according…
Trump Announces 100% Tariff on Foreign-Made Films, Citing Threat to U.S. Movie Industry
Former U.S. President Donald Trump announced Sunday that he is ordering a 100% tariff on all…