Business

US Judge Dismisses Shareholder Lawsuit Against Meta, Mark Zuckerberg Over Child Safety Disclosures

Meta has prevailed in court, successfully defending child safety measures against shareholder lawsuit alleging misleading disclosures.

3 weeks ago

House of Representatives Urges CBN to Provide Additional $3bn for Agricultural Financing

The House of Representatives has urged the CBN to provide an additional $3bn to tackle agricultural under-financing.

3 weeks ago

FCCPC Engages DisCos Over Prepaid Meter Phase-Out, Vows Consumer Protection Amid Concerns

The FCCPC has pledged to safeguard consumers during Ikeja Electric’s prepaid meter phase-out, engaging DisCos to ensure fairness and transparency.

3 weeks ago

UBA’s Total Assets Surge To N31.8trn, PBT Hits N603.5bn In Q3 2024 Results

UBA's gross earnings soared to N2.398 trillion, reflecting an impressive 83.2% rise in Q3 2024

3 weeks ago

Nigerian Government Endorses ExxonMobil-Seplat Divestment, Disapproves Shell-Renaissance Deal

The FG has endorsed ExxonMobil's divestment to Seplat Energy while rejecting Shell's proposed deal with Renaissance Africa Energy.

3 weeks ago

ITF Congratulates Nigeria On 75.5% ICAO Compliance, Vows to Support Aviation Growth

The ITF has lauded Nigeria’s 75.5% ICAO compliance, pledging to help build a sustainable African aviation industry.

4 weeks ago

Nigeria’s Offshore Oil Market to Grow by 4.1% CAGR, Reaching $47.03 Billion By 2031

Research projects that Nigeria's offshore oil market will grow from $34.18 billion in 2023 to $47.03 billion by 2031

4 weeks ago

Eight Nigerian Banks’ Cash Reserves Surge To N15.5tn as CBN Tightens Monetary Policies

Zenith Bank, UBA, GTCO, others banks recorded higher cash reserves at N15.5tn amidst the CBN's drive to control liquidity

4 weeks ago

Tesla Faces Regulatory Challenge As NHTSA Investigates Full Self-Driving Software After Fatal Collision

NHTSA is investigating Tesla's Full Self-Driving software after four collisions, including one fatal incident, which happened in low-visibility conditions

4 weeks ago

China’s Economic Growth Slows To 4.6% In Q3 Despite Stimulus Efforts

China's economic growth hit its weakest pace since early 2023, fuelled by property sector struggles and slowing export demand growth.

4 weeks ago