Asian stocks saw mixed movement on Wednesday, with investors struggling to sustain momentum from Wall Street’s…
Tag: Business
U.S. Slashes Harvard Funding by $450M Amid Discrimination Allegations and Legal Battle
The U.S. government on Tuesday announced an additional $450 million in funding cuts to Harvard University,…
Burberry Faces £75m Annual Loss, Putting 1,700 Jobs at Risk
British luxury fashion label Burberry said Wednesday that it could shed up to 1,700 jobs to…
FGN Launches Climate Investment Platform to Mobilize $500m in Green Finance
In a strategic push to drive green economic transformation, the Honourable Minister of Finance and Coordinating…
Minister Wale Edun Reaffirms Commitment to Private-Sector-Led Growth at Launch of World Bank’s Nigeria Development Update
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has reaffirmed…
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…
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…