Volkswagen faces largest German worker strike since 2018
Tens of thousands of Volkswagen workers in Germany are set to embark on strike on Monday in what will be the largest…
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Meta tightens Ad policies to curb scams targeting Australians
Meta Platforms has introduced stricter advertising rules for financial products and services in Australia to combat scams on Instagram and Facebook. This…
Holcim to divest stake in Lafarge Africa
Swiss cement giant Holcim has announced plans to exit its Nigerian operations by selling its nearly 84% stake in Lafarge Africa to…
Trump threatens 100% tariffs on BRICS nations over dollar challenge
United States President-elect Donald Trump has vowed to impose 100% tariffs on BRICS countries that attempt to replace the U.S. dollar in…
FCCPC probes consumer complaints against GTBank, MTN, Air Peace
The Federal Competition and Consumer Protection Commission has announced the launch of a comprehensive inquiry into widespread consumer complaints involving leading companies…
Britain’s job data crisis poses rising challenge for banks
Britain’s banks may be setting aside additional funds to cover potential bad loans due to inaccuracies in the country’s labour market data.…
TotalEnergies to invest $750m in LNG project in Nigeria
French oil giant TotalEnergies has announced plans to invest $750 million in a Liquefied Natural Gas project in Nigeria, set to begin…
Meta plans $10bn subsea cable project to boost global infrastructure
Mark Zuckerberg’s Meta, the parent company of Facebook, Instagram, and WhatsApp, is reportedly set to invest over $10 billion in a vast…
Wise faces regulatory action over anti-money laundering controls
British money transfer firm Wise has been placed under a formal remediation plan by European regulators due to issues with its anti-money…
Namibia orders Starlink to halt operations over unlicensed service
The Communications Regulatory Authority of Namibia announced on Thursday that it has issued a cease-and-desist order to Elon Musk’s satellite internet provider,…
ByteDance sues ex-intern $1.1m over alleged AI sabotage
China’s ByteDance, the parent company of TikTok, has filed a lawsuit seeking $1.1 million in damages from a former intern, accusing him…
Ngozi Okonjo-Iweala reappointed WTO DG
Nigeria’s former finance minister, Ngozi Okonjo-Iweala has been reappointed as the Director-General of the World Trade Organisation for a second term. This…