Companies

Meta set to sack many workers as AI costs mount

Meta is planning sweeping layoffs ​that could affect 20% or more of the company, three sources familiar with the matter…

2 weeks ago

MultiChoice to discontinue Showmax after Canal+ takeover

MultiChoice Group has announced plans to discontinue its streaming platform, Showmax, following a strategic review of its digital operations. MultiChoice…

3 weeks ago

Stock market investors lose N74bn as capitalization drops to N124trn

The Nigerian stock market continued on a negative position on Wednesday, February 25, 2026, as investors lost N74 billion amid…

1 month ago

inDrive records growth in courier service across Nigeria

inDrive, a ride-hailing platform operating in nine African countries, has announced a surge in growth for its courier service in…

2 months ago

Heineken to sack 6,000 workers

Heineken has announced that it would cut up to 6,000 jobs from its global workforce and set lower expectations for…

2 months ago

Kemi Omotosho appointed as MultiChoice Nigeria CEO

MultiChoice Nigeria has appointed Kemi Omotosho as the company’s new Chief Executive Officer (CEO). MultiChoice announced this in a statement…

2 months ago

Apple to sack managers, other workers

Apple has announced that it is cutting jobs across its sales teams to strengthen its customer engagement efforts. Apple announced…

4 months ago

Walmart CEO McMillon to retire after 11 years

Walmart CEO Doug McMillon will retire in January 2026 after more than a decade at the helm. Walmart announced this…

4 months ago

Verizon to sack 15,000 workers as new CEO restructures

The new Chief Executive Officer (CEO) of Verizon, Dan Schulman, is planning to cut about 15,000 jobs in the United…

4 months ago

Nigerian Breweries generates N1.04trn revenue in 9 months

Nigerian Breweries Plc has announced a revenue of N1.04 trillion for the nine months ended September 30, 2025. This marks…

5 months ago

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