Stellantis said on Thursday it would suspend production of the fully electric Fiat 500 small car for four weeks due to sluggish demand. The global slowdown...
Marketers of petroleum products in Nigeria have reportedly written to President Bola Tinubu to complain that the drop in price of Dangote Refinery’s diesel to N900...
Microsoft’s Suite of productivity software was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. “We’re investigating an issue where users may...
The Central Bank of Nigeria (CBN) has released a new directive to Payment Service Providers (PSPs), requiring them to comply with enhanced routing guidelines for Point...
Samsung Electronics, the world’s top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources...
Goldman Sachs an American multinational investment bank and financial services company has appointed Raghav Maliah, Yoshihiko Yano and Ed Wittig as co-heads of mergers and acquisitions...
Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has secured an order from the Federal High Court to freeze N548.6 million in bank accounts...
Mercedes-Benz and U.S. battery startup Factorial are working on a solid-state battery that should dramatically increase electric vehicle range and be ready for production by the...
The House of Representatives has asked the Bureau for Public Enterprise (BPE) to account for about N10 billion allegedly spent to register two companies for the...
Panasonic Holdings Corp. said Tuesday it will end its sponsorship contract with the International Olympic Committee, putting an end to its 37-year marketing tie-up with the event. The Japanese...
