Business
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AI Revolution Forces Italian Bank to Implement 9,000 Job Cuts
Italian Bank, Intesa Sanpaolo to Implement 9,000 Voluntary Job Cuts Amid AI Expansion
Italy’s prominent banking institution, Intesa Sanpaolo, has reached an agreement with labor unions to facilitate 9,000 voluntary job reductions, representing roughly 10% of its workforce. This … Continue Reading
McDonald’s Shares Drop After Deadly E. Coli Outbreak Linked To Burger Kills 1 And Leaves Over 49 Sick
E.coli Outbreak linked to mcDonalds Quarter Pounder burgers Kills 1 Person, raises health concerns and threatens McDonald’s recovery efforts amid sales struggles.
McDonald’s shares took a significant hit today after an E. coli outbreak tied to its Quarter Pounder burgers … Continue Reading
Dangote Drops N100bn Suit Against NNPCL Over Import Licenses
However, Dangote’s legal representative, George Ibrahim (SAN), told the court that all parties are exploring an out-of-court settlement.
Lagos, Nigeria – The Dangote Group has decided to withdraw its N100 billion lawsuit against the Nigeria National Petroleum Corporation Limited (… Continue Reading
GTBank Boosts Staff Salaries by 40% Amid Economic Turmoil, Retains Lowest Personnel Cost Among Top Banks
GtBank’s 40% Salary Boost Aims to Combat Inflation and Retain Talent While Maintaining Market-Leading Cost Efficiency
Guaranty Trust Bank (GTBank), Nigeria’s most cost-efficient commercial bank, quietly boosts its staff salaries by 40% as of September 2024, multiple employees have confirmed. … Continue Reading
Meta Company Sacks Employees For Buying Toothpaste and Wine Glasses Instead Of Food
More Than 30 Meta Employees Sacked Amid Controversy Over Misuse of Meal Vouchers
Meta, the tech giant behind Facebook, Instagram, and WhatsApp, has reportedly sacked a number of staff members for violating its meal voucher policy. Employees were allegedly using … Continue Reading
FBN Holdings Appoints new Group Managing Director
FBN Holdings Appoints Adebowale Oyedeji as New Group Managing Director
Abuja, Nigeria – FBN Holdings has appointed Adebowale Oyedeji as its new Group Managing Director, effective November 13, pending the approval of the Central Bank of Nigeria and subsequent ratification … Continue Reading
Aliko Dangote’s Net Worth Jumps to $28 Billion as Fuel Refinery Launches
Aliko Dangote’s Fortune Soars to $28 Billion with Launch of Dangote Refinery
Lagos, Nigeria – Nigerian billionaire Aliko Dangote, the Chief Executive Officer of Dangote Refinery, has witnessed his net worth soar to $28 billion following the much-anticipated commencement … Continue Reading
UK Work Visa Sponsorship 2024: New Pathways for Nigerian Workers, Others
Unlock Career Growth: UK Work Visa Offers Global Talent Access to Top Companies and Competitive Salaries in 2024
The United Kingdom continues to open its doors to international workers, offering diverse short-term work opportunities through the UK Work Visa in … Continue Reading
Davido’s Father, Dr. Adeleke, Opens Up About Building $2bn Power Plant Despite Government Challenges
Billionaire Businessman Dr. Adedeji Adeleke Overcomes Government Resistance to Launch Nigeria’s Largest Power Plant
Dr. Adedeji Adeleke, the father of Nigerian superstar Davido, has shared his journey of resilience in building a $2 billion power plant, despite facing significant … Continue Reading
Zambia’s Fintech Rising Star Lupiya Sets Sights on Nigeria
Lupiya’s growth trajectory has attracted international attention, including a notable meeting with U.S. Vice President Kamala Harris during her visit to Africa.
Lusaka – Zambian fintech and neobank, Lupiya, is gearing up to enter the Nigerian market as part … Continue Reading