Business

On Monday, Dutch AI firm Nebius announced a massive $27 billion, five-year deal to supply advanced AI computing power to Meta in one of the largest single-customer contracts yet in...

Nigeria's upstream oil and gas sector has entered a new chapter, with the country's chief petroleum regulator drawing a firm line under decades of licence hoarding that critics say robbed...

Meta is preparing for what could be its most aggressive workforce reduction in years, with internal discussions pointing to cuts that may eliminate 20 percent or more of its nearly...

Wema Bank Plc has appointed Engr. Wilson Chiedu Agu as an Independent Non-Executive Director, bolstering its board with the technological and strategic expertise needed to drive its digital banking ambitions....

The Federal Competition and Consumer Protection Commission (FCCPC) has reportedly found five airlines guilty of colluding to fix ticket prices during the 2025 Christmas and New Year festive travel period....

French media conglomerate Canal+ has unveiled a €100 million initiative to reignite growth at MultiChoice Group, the African pay-TV powerhouse operating DStv and GOtv. Canal+, having finalized its full acquisition...

South Korea's FTC has fined Mercedes-Benz $7.61 million for deceiving consumers about the battery suppliers in its electric vehicles, a deception linked to a devastating parking lot fire that shook...

Netflix has acquired InterPositive, the low-profile AI filmmaking technology startup founded by Academy Award-winning actor, director, and producer Ben Affleck in 2022. The deal, announced on March 5, 2026, brings...

The price of liquefied petroleum gas (LPG), commonly known as cooking gas, has skyrocketed across Nigeria, with retailers now charging up to ₦1,400 per kilogram, a staggering 40% jump from...

MultiChoice Group has announced the discontinuation of its flagship streaming platform, Showmax, citing unsustainable financial losses that have culminated in R4.9 billion for the 2025 fiscal year. The decision, revealed...