Companies

Nike to sack 1,400 workers

Sportswear company Nike has announced it is laying off about 1,400 employees to streamline workflows. Nike announced this via a…

3 weeks ago

Meta begins mass layoffs May 20 as Zuckerberg invests in AI

Meta is preparing to roll out the first phase of significant job cuts on May 20, with additional layoffs likely…

3 weeks ago

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 months 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…

2 months 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…

3 months 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…

3 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…

3 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…

4 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…

6 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…

6 months ago

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