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SpaceX Stock Price Declines Below Initial Offering Value
SpaceX shares have fallen below their $135 debut price for the first time since the company went public last month, marking a 41% decline from its peak.
S&P Global Reports Dangote Refinery Acts as Buffer Against Global Fuel Price Volatility
A report from S&P Global reveals that the Dangote Refinery is keeping Nigerian fuel prices stable by absorbing global cost increases and setting a domestic price ceiling that prevents import-driven inflation.
BUA Foods Chairman Calls for Agricultural Investment to Combat Nigerian Hunger
BUA Foods Chairman Abdul Samad Rabiu pushes for increased agricultural funding to fight hunger in Nigeria, following the company's report of ₦518.4 billion in profit for 2025.
Stanbic IBTC and Abia State Government Forge Alliance to Boost Small Businesses
Stanbic IBTC Bank and the Abia State Government have teamed up to support small business growth through strategic funding, policy development, and local enterprise initiatives.
UBA Business Series Features M.I Abaga, Femi Aluko, and Ashim Egunjobi to Discuss Startup Innovation
UBA is hosting a virtual business series on July 16, 2026, featuring M.I Abaga, Ashim Egunjobi, and Femi Aluko to discuss how African startups can turn consumer insights into effective technology.
Warren Buffett ends financial support for Bill Gates’ foundation
Warren Buffett has ended his long-standing tradition of donating Berkshire Hathaway stock to the Bill and Melinda Gates Foundation following controversy surrounding Bill Gates' ties to Jeffrey Epstein.
De Beers halts operations at top South African mine amid diamond market slump
De Beers is suspending production at its flagship South African Venetia mine for two years as the company battles falling prices and increased competition from lab-grown alternatives.
Chipotle Mexican Grill Launches First Location in Mexico
Chipotle is opening its first restaurant in Mexico, a strategic move that has triggered mixed reactions from the public and raised questions about the success of US chains in international markets.
A Coalition of 12 States Files Lawsuit to Halt Paramount-Warner Bros. Merger
California and 11 other states have sued to stop Paramount’s $110 billion acquisition of Warner Bros. Discovery, claiming the merger harms competition.
Dangote Group Introduces N500,000 Bounty for Whistleblowers Reporting Illegal Haulage
Dangote Industries Limited has launched a whistleblowing initiative offering N500,000 to individuals who report trucks engaged in the illegal transportation of unauthorized goods.