Discover the latest insights and developments in BUSINESS.
Tragic news has emerged from South Africa, beloved Nigerian actor, content creator, and influencer Odira Nwobu has passed away at the age of 43. Both his lawyer and the Actors' Guild of Nigeria confirmed the devastating loss to the BBC.
Nov 25, 2025,
1 month ago
In a significant development, Paystack has announced the termination of co-founder Ezra Olubi. The company stated that this decision stems from "significant negative reputational damage" caused by decade-old tweets from Olubi that recently resurfaced. Paystack affirmed that this action was taken in accordance with its contractual rights and established procedures, adding that all financial obligations to Olubi have been fulfilled.
Nov 25, 2025,
1 month ago
Binance's founder and former CEO, Changpeng Zhao, is currently embroiled in serious allegations. A recent report claims that his prominent cryptocurrency platform might have been used to facilitate payments to Hamas, a Palestinian militant group, with transactions allegedly funding their activities. So far, neither Zhao nor Binance has publicly addressed these accusations.
Nov 25, 2025,
1 month ago
Ukraine, a nation still grappling with the devastations of war, is set to receive crucial shipments of US liquefied natural gas (LNG) this winter. These vital supplies will journey through a pipeline system spanning the Balkans, marking a significant step towards boosting Ukraine's energy security.
Nov 17, 2025,
1 month ago
The United States is on the verge of minting its final penny. After more than 230 years of continuous production, the Philadelphia Mint is scheduled to strike its last batch of one-cent coins on Wednesday. While these familiar coins will remain in circulation, their gradual phase-out has already led some businesses to adjust prices, citing the increasing difficulty in finding pennies.
Nov 13, 2025,
2 months ago
Digital payments are no longer a futuristic concept in Nigeria; they're the everyday reality. From sending money to loved ones and buying groceries to paying bills and running businesses, most Nigerians now rely on digital transactions. This everyday flow of taps and transfers has become a significant growth engine for Access Holdings, Nigeria's largest financial group by customer base.
Nov 8, 2025,
2 months ago
Tesla shareholders have given the green light to a staggering pay package for CEO Elon Musk, potentially making him nearly $1 trillion (£760 billion) richer. This monumental compensation deal, which is reportedly the largest in corporate history, received approval from 75% of votes and was met with enthusiastic applause at the company's annual general meeting on Thursday.
Nov 7, 2025,
2 months ago
Popular online retailers Shein, Temu, AliExpress, and Wish are currently under investigation. French authorities are looking into allegations that these platforms may have allowed minors to access inappropriate content, specifically pornographic material. The Paris prosecutor's office confirmed the probe on Tuesday.
Nov 5, 2025,
2 months ago
OpenAI, the innovative company behind ChatGPT, has just inked a massive $38 billion (£29 billion) deal with Amazon to tap into its powerful cloud computing services. This move is part of OpenAI's ongoing strategy to secure vast amounts of computing power through major partnerships.
Nov 4, 2025,
2 months ago
The Nigerian stock market experienced a significant setback on Monday, shedding N246 billion, as investors reacted cautiously to US President Donald Trump’s decision to label Nigeria a “Country of Particular Concern.” This designation, based on alleged widespread killings of Christians and rising religious intolerance, came with a stern warning of potential military action if the Nigerian government failed to curb the violence.
Nov 4, 2025,
2 months ago
