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Business
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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.
SpaceX experiences a cooling market one month after record-breaking IPO
One month after its historic IPO, SpaceX shares are struggling to maintain momentum as investors reconcile high-flying expectations with the reality of the company's core business performance.
Dangote Group Introduces N500,000 Bounty for Reporting Unauthorized Truck Usage
Dangote Industries Limited has launched a whistleblowing program offering a N500,000 reward for credible reports on the illegal use of its trucks for unauthorized goods transport.
NSITF cements status as West African social security leader
The Nigeria Social Insurance Trust Fund has reinforced its role as a regional leader by partnering with The Gambia to share expertise in social security administration and workers' compensation.
Aldi Targets American Shoppers with Affordable Essentials
Aldi is pursuing an ambitious $9 billion expansion across the US, targeting urban hubs like Manhattan to reach cost-conscious shoppers with its low-price, private-label strategy.
Digital Payments Fuel Growth in Nigeria’s $11 Billion Food Service Market
New research from Moniepoint shows that digital payment integration is modernizing Nigeria's food service industry, with the market expected to reach $11.09 billion by 2025 through improved efficiency and credit access.
NASCO Town Challenges Court Ruling, Advises Against Land Dealings Pending Appeal
NASCO Town Limited has officially appealed a High Court judgment concerning the acquisition of 292 hectares of land, warning the public against land transactions until the legal process is resolved.