Category: Business

Walt Disney begins lay off 7,000 workers

Alex Omenye Entertainment company, Walt Disney has begun to lay off 7,000 employees on Monday....

Top aircraft maker Diamond considers investment in Nigeria

A leading aircraft manufacturer, Diamond Aircraft, has announced its plans explore the market potentials in...

First Citizens to buy part of collapsed Silicon Valley Bank

The U.S. Federal Deposit Insurance Corporation said Monday that First Citizens Bank & Trust Co...

Germany transport workers to strike over high inflation 

Germany’s transport staff are set to begin the largest strikes in decades on Monday, which...

Japan’s Consumer Price Index rises by 3.1%

Japan’s Consumer Prices Index rose by 3.1% year-on-year in February, which is a slower rate...

How Ford’s EV business lost $2bn in 2022 – Report

Ford Motor Company announced on Thursday that its electric car business lost $2.1 billion in...

Strikes hit France over President Marcon’s pension reforms

President Emmanuel Macron on Wednesday  announced his intention to proceed with a controversial pension reform,...

FEC approves N454bn for rail transport, others 

The Federal Executive Council on Wednesday approved a sum of N453.90bn for the purchase of...

TEF’s entrepreneurs generates $2.3bn since 2015

The Tony Elumelu Foundation has trained and provided support to African entrepreneurs, who have collectively...

US drivers to sue GM over faulty vehicle transmission

A federal judge in Detroit, United States has approved a class-action lawsuit brought by drivers...

WTO’s opens applications for 2024 Young Professionals Programme

The World Trade Organisation has on Tuesday announced the opening of applications into its 2024...

FG to meet aviation stakeholders on Thursday

The Minister of Aviation, Hadi Sirika, will be meeting with aviation stakeholders in Abuja on...