Discover the latest insights and developments in BUSINESS.
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,
4 days 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,
9 days 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,
10 days 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,
12 days 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,
13 days 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,
13 days ago
Vodacom Group stands out as the mobile operator with the most extensive financial services footprint across Africa. They've surpassed rival MTN Group in key metrics like revenue, active users, and transaction volumes.
Nov 3, 2025,
14 days ago
Fast fashion giant Shein is currently in hot water with French authorities after its consumer watchdog, the Directorate General for Competition, Consumer Affairs and Fraud Control (DGCCRF), reported the company for allegedly selling "sex dolls with a childlike appearance" on its platform. According to French media, the DGCCRF stated that the dolls' online descriptions and classifications made it "difficult to doubt the child pornography nature of the content."
Nov 2, 2025,
14 days ago
MTN Nigeria has achieved one of the most remarkable financial turnarounds in the Nigerian telecoms sector. For the nine months ending September 2025, the company announced an impressive profit after tax (PAT) of ₦750.19 billion. This is a dramatic 245.7% year-on-year swing from a significant ₦514.9 billion loss reported in the same period of 2024, signaling a strong return to profitability and paving the way for renewed dividend payments.
Oct 31, 2025,
16 days ago
India and the United States have officially sealed a new 10-year framework agreement designed to significantly broaden their defense cooperation. This important pact was announced following a key meeting in Kuala Lumpur between US Defence Secretary Pete Hegseth and his Indian counterpart, Rajnath Singh.
Oct 31, 2025,
17 days ago
