CBEX has finally explained what happened to investors' funds and provided a new date investors can withdraw 50% of their funds. But, there are conditions to be met.
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McDonald's profits hit by weakness in US market
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IKEA opens new London city centre store
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CBEX defies EFCC probe, resumes operations, promises bonuses and easy withdrawal to new investors
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Nestlé Nigeria grows revenue by 61% to reverse N142 billion loss
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Sheinbaum says agreed with Trump to 'improve' US-Mexico trade balance
Norway's electric car sales set new world record
Electric car sales in Norway took a 94-percent share of the market in August -- a new world record -- statistics showed Monday, as sales in the rest of Europe stagnate. "No country in the world comes close to Norway in the electric car race," OFV director Oyvind Solberg Thorsen said in a statement.
NGO reports 'human rights disaster' at Uganda oil project
A massive oil project in Uganda co-owned by French group TotalEnergies and China's CNOOC is mired in reports of sexual violence, forced evictions and environmental damage, climate activists said Monday. "The Kingfisher project, which is operated and co-owned by CNOOC and majority owned by TotalEnergies, is not only a dangerous carbon bomb but also a human rights disaster," Adams said.
US hotel workers launch strike over holiday weekend
As many as 10,000 hotel workers were on strike across the United States on Sunday, at the height of a long holiday weekend in which millions of Americans were expected to travel. According to booking data from the motoring group AAA, overall domestic travel over the Labor Day holiday weekend is up 9 percent compared to last year.
Expert sends warning as FG gives traders one month to crash goods prices
The Centre for the Promotion of Private Enterprise (CPPE) has advised Federal Competition and Consumer Protection Commission (FCCPC) on food prices warning.
FCCPC explains one-month deadline for traders, supermarkets, others crash prices
The Federal Competition and Consumer Protection Commission (FCCPC) has clarified the one-month deadline given to traders in Nigeria to crash prices.
Azerbaijan: a country steeped in hydrocarbons
Azerbaijan, which holds early legislative elections on Sunday, is a country in the Caucasus region with a historical relationship with hydrocarbons, which account for most of its revenues.
AI chatbots must learn to say 'help!' says Microsoft exec
Generative AI tools will save companies lots of time and money, promises Vik Singh, a Microsoft vice president, even if the models must learn to admit when they just don't know what to do. Even if the model has to turn to a human in 50 percent of cases, that still saves "tons of money."
Windfall tax: Policy is a Win-Win for Social Good, Bismark Rewane says
Nigerian economic expert Bismarck Rewane has described the Nigerian government's proposed windfall tax as a win-win for the government and the people
Brazil block on X comes into effect after judge's order
A block on Elon Musk's X social network in Brazil started to take effect early Saturday after a Supreme Court judge ordered its suspension, according to AFP. Brazilian Supreme Court judge Alexandre de Moraes on Friday ordered the suspension of the platform following a months-long standoff with the tech billionaire over disinformation in South America's largest nation.
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