ECOWAS laments expensive airfares in West Africa
The Economic Community of West African States has raised alarm over the soaring cost of air travel within the region, describing it…
News
Hugo Boss beats forecasts despite tariff concerns
German fashion group Hugo Boss reported better-than-expected first-quarter results on Tuesday, maintaining its full-year outlook despite growing macroeconomic uncertainty and concerns over…
OpenAI abandons major restructuring to retain control
OpenAI has scrapped a major plan to restructure its corporate governance, opting instead to maintain control under its nonprofit parent organization, a…
Former MDs of Warri, Kaduna, PH refineries threaten N50b lawsuit
Three former Managing Directors of Nigeria’s major refineries have threatened legal action against a leading national newspaper, demanding N50 billion in damages…
Finance ministry debunks N13bn corruption allegation in CNG contract
The Federal Ministry of Finance has publicly denied allegations of awarding N13 billion in contracts without following due process. In a statement…
EU plans ban on Russian gas imports by 2027
The European Commission is preparing to propose a phased ban on Russian natural gas, targeting new deals by the end of 2025…
Lamborghini posts nearly 30% revenue in Q1 on hybrid model demand
Italian luxury sports carmaker Lamborghini has reported a strong start to 2025, with revenue rising 29.6% year-on-year to €895.2 million in the…
US delivery company DoorDash to acquire Deliveroo in £2.9bn deal
United States meal delivery giant DoorDash is set to acquire British rival Deliveroo in a deal valued at approximately £2.9 billion ($3.85…
YouTube tests two-person premium subscription in select countries
YouTube has begun testing a new two-person Premium subscription plan in select markets, the company confirmed on Monday. The pilot program is…
US DOJ urges Google to sell ad tools over antitrust concerns
The United States Department of Justice has proposed that Google, a subsidiary of Alphabet Inc., divest key parts of its advertising business,…
Elon Musk’s home sparks dispute with Texas neighbours
Elon Musk’s Texas residents are locked in a growing dispute over Musk’s $6 million property, which has been transformed into what some…
Dangote hails Tinubu’s revolutionary oil sector reforms
The Chairman of Dangote Group, Aliko Dangote, has commended President Bola Ahmed Tinubu for selecting a strong leadership team for the Nigeria…