DR Congo sues Apple over conflict in minerals supply
The Democratic Republic of Congo has filed criminal complaints in France and Belgium against Apple Inc. and its subsidiaries, accusing the tech giant of using conflict minerals in its supply…
Google, Facebook, others contribute N3.8tn in taxes to FG – Report
Foreign companies such as Google, Netflix, and Facebook paid N3.85tn in taxes to the Nigerian Federal Government in the first nine months of 2024, according to National Bureau of Statistics…
Nigeria, African nations propose continental credit rating agency initiative
Nigeria and other African countries are working to create a continental credit rating agency to address the perceived bias of Western agencies like Moody’s, Fitch, and S&P. The initiative aims…
Honda, Nissan explore merger to challenge EV makers in China
Honda and Nissan have reportedly engaged in talks about a potential merger to better compete with electric vehicle manufacturers, particularly in China. The move would allow both companies to pool…
FG allocates N47bn to boost agric, medical education
The Federal Government of Nigeria has set aside N47 billion to improve agricultural and medical education across the country. The funding aims to strengthen food security and develop a more…
CrowdStrike seeks dismissal of Delta’s lawsuit over July cybersecurity outage
CrowdStrike has moved to dismiss Delta Air Lines' lawsuit regarding the July cybersecurity outage, claiming that Delta is trying to bypass the terms of the contract between the two companies.…
NAFDAC destroys 828 bioflex infusion cartons after failed sterility tests
The National Agency for Food and Drug Administration and Control has destroyed 828 cartons of Bioflex infusions supplied by Biomedical Company Limited, Ilorin, after they failed sterility tests. The infusions…
Temu tops Apple’s US iOS App store for second year
Temu, the popular e-commerce app owned by China’s PDD Holdings, topped Apple’s list of the most downloaded free apps on the U.S. iOS store for the second consecutive year, showcasing…
Nigeria will borrow to fund N13trn 2025 budget deficit — Minister
The federal government has announced that the N13 trillion deficit in the N48 trillion 2025 budget proposal will be financed through borrowing. The Minister of Finance and Coordinating Minister for…
Nigerian Breweries appoint first female board chair
Nigerian Breweries Plc has appointed Juliet Anammah as the company’s first female board chair. This marks a step forward in Nigeria's major capitalized companies, which are increasingly achieving gender equality…
Morocco to expand airport capacity ahead of 2030 World cup
Morocco plans to increase its airport capacity to 80 million passengers by 2030, up from the current 38 million, as announced by Prime Minister Aziz Akhannouch during a parliamentary session.…
NNPCL secures $1bn crude-backed loan for Dangote refinery – Soneye
The Nigerian National Petroleum Company Limited stated it obtained a $1 billion crude-backed loan to support the commencement of operations at the 650,000 barrels-per-day Dangote Petroleum Refinery. The company also…