Category : Corporate News


Lady Takes Door After Moving Out of Rented Shop

A Nigerian businesswoman's viral TikTok video shows her removing a door she installed from her rented shop after the landlord increased rent from N600k to N1.2m. See public reactions.

Telefonica Cuts 5,500 Jobs in Spain

Telefonica announces a massive voluntary departure plan affecting 5,500 employees in Spain, costing €2.5 billion. The move is part of a new strategic focus. Read more.

Italy fines Apple €98m over App Store privacy rules

Italy's competition authority fines Apple €98 million for allegedly abusing its dominant App Store position with restrictive privacy rules for third-party developers. The tech giant says it will appeal.

Dangote Demands Retraction or Faces N100bn Suit

Aliko Dangote gives Kaduna businessman Kailani Mohammed 7 days to retract libellous publication accusing him of 'unclean business' or face a N100 billion lawsuit. Full details.

Dangote Issues N100bn Defamation Ultimatum

Aliko Dangote threatens a N100 billion lawsuit against Engr. Kailani Mohammed over alleged defamatory claims about his business past. The businessman has seven days to retract and apologize.

Man's Christmas Bonus Disappointment: Letter & 2 Candles

A Canada-based worker expecting a big Christmas bonus after perfect attendance was given an appreciation letter and two candles instead. His viral TikTok video has sparked reactions from netizens sharing similar work experiences.

ARCON: Oyo State's Ad Vetting Directive is Unlawful

Nigeria's national ad regulator, ARCON, declares Oyo State's mandatory pre-vetting for betting ads unconstitutional. The move could cripple operations and set a dangerous precedent for the industry.

Musk Wins Appeal for $56 Billion Tesla Pay Package

A Delaware court has reversed a previous ruling, clearing the way for Tesla CEO Elon Musk to receive his contested $56 billion compensation. Get the full details on this landmark business decision.

Conoil Pays ₦2.43bn Dividend to Shareholders for 2024

Conoil Plc announces a massive ₦2.428 billion dividend payout for 2024, rewarding shareholders with 350 kobo per share. Discover how the company achieved 60.5% revenue growth amidst Nigeria's economic challenges.

CGIN Bill to Reposition ICSAN, Expand Professionalism

ICSAN President Uto Ukpanah reveals the Chartered Governance Institute of Nigeria Bill will reposition the institute and expand members' roles in governance, compliance, and risk oversight. Learn about the progress.

Ogun Speaker Lauds Dangote for Job Creation

Ogun Speaker Daisi Elemide commended Aliko Dangote for job creation at Dangote Cement's Community Day, where N15.72m scholarships were awarded. He urged other wealthy Nigerians to invest locally to curb 'japa'.

BP Appoints First Female CEO in Historic Move

British energy giant BP names industry veteran Meg O'Neill as its new CEO, marking the first external and female appointment in its 116-year history. Discover the strategic shift behind this major leadership change.

Warner Bros. rejects Paramount takeover, sticks with Netflix

Warner Bros. Discovery has officially rejected a hostile $108.4 billion bid from Paramount, stating its planned merger with Netflix offers superior value for shareholders. Get the full details on this major Hollywood power struggle.

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