Business

British luxury brand Burberry (BRBY.L) announced significant changes on Monday, including the dismissal of its CEO and the appointment of Joshua Schulman, former CEO of Coach, to lead the company. …

Nigeria’s inflation has surged to a new high, reaching 34.19% in June 2024, according to the latest data from the National Bureau of Statistics (NBS). This marks an increase of …

On Monday, the Central Bank of Nigeria (CBN) sought to uplift spirits, assuring Nigerians that despite current economic challenges, the nation’s economy is on a path towards strength. CBN Governor …

The Federal Ministry of Power and the United States Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) worth ₦115 billion aimed at bolstering Nigeria’s commitment to …

The Corporate Affairs Commission (CAC) has announced its intention to cancel the certificates of incorporation of Bureaux De Change (BDCs) whose licenses were revoked by the Central Bank of Nigeria …

Billionaire Alexey Mordashov has proposed the creation of a Russian consortium aimed at investing billions of dollars in developing an alternative to the widely-used business software provided by Germany’s SAP. …

Google has announced plans to begin testing search and shopping ads within its AI-generated answers in the United States. This move comes shortly after the company’s rollout of the AI …

Elon Musk’s AI startup xAI has successfully raised $6 billion in series B funding, propelling its post-money valuation to $24 billion as investors place substantial bets on emerging challengers to …

Europe’s groundbreaking regulations on artificial intelligence will take effect next month following the endorsement of a political agreement reached in December by EU countries, setting a potential global standard for …

As the supply and distribution of Premium Motor Spirit (PMS), commonly known as petrol, continue to improve nationwide, the Nigerian National Petroleum Company (NNPC) Limited has urged the public to …