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Noel Tata Takes Over Tata Trusts To Continue Family Leadership

A day after the death of India's most well-known entrepreneur, Ratan Tata, his half-brother Noel Tata has been named the new chairperson of Tata...
Business

Tesla Announces Elon Musk’s Cybercab Robotaxi Is Finally Here

Tesla debuted its much-anticipated Cybercab Robotaxi during the "We, Robot" event, which took place at Warner Bros. Discovery Studio in California. CEO Elon Musk unveiled...
Business

EU Walks A Delicate Tightrope: Defending Against Imports, Courting Investment

The EU is walking a tightrope, with some member states eager to protect their markets while others want to safeguard Chinese investment and encourage...
Business

NNPC’s Continued Delays In Port Harcourt Refinery Operations

The Nigerian National Petroleum Company Limited (NNPC) is facing yet another setback as fuel production at the Port Harcourt Refinery fails to commence. As of...
Business

California Governor Gavin Newsom Blocks Landmark AI Safety Bill

Gavin Newsom, the governor of California, has rejected a groundbreaking artificial intelligence (AI) safety measure that had been strongly opposed by big technology businesses. The...
Business

Zimbabwe Knocks 40% Off Value Of Gold-backed Currency

Zimbabwe's central bank has depreciated its gold-backed currency by more than 40% against the US dollar, indicating that the last-ditch effort to calm the...
Business

Elon Musk Fires Back After Not Being Invited To Attend UK Summit

Elon Musk, the world's richest person, has reacted to the UK government's decision not to invite him to the International Investment Summit. The BBC understands...
Business

Naira Depreciates To N1,680/$ In Parallel Market

On Wednesday, the Nigerian naira experienced a notable depreciation, falling to an alarming rate of n1,680 per dollar in the parallel market. This decline...
Business

Boeing Strikers Said They Are Not Interested In 30% Pay Rise

The union representing thousands of striking Boeing employees says a survey of its members reveals that they are "not interested" in the airline's latest...
Business

Dollar Supply Declines As Naira Depreciates

On Thursday, the foreign exchange market experienced a significant decline in the supply of dollars and other currencies, coinciding with a naira depreciation. This situation...
Business

OPEC Blames Tax Imposition For Increase In Fuel Price

The global fuel market is currently facing significant upheaval, with recent hikes in fuel prices causing distress among consumers and businesses alike. During a recent...
Business

Nigerians Frustrated As NNPCL And Dangote Refinery Clash Over Pricing

The current confusion in Nigeria's petroleum sector has escalated as the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery find themselves embroiled in...
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