Thursday, June 4, 2026
Business
Meta cuts 600 AI jobs amid internal restructuring
Meta Platforms Inc. will lay off approximately 600 employees from its Superintelligence Labs division, as the tech giant undertakes a...
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Transcorp Hotels Grows Q3 Profit by 45% as Revenue Hits ₦72.3 Billion
Transcorp Hotels Plc has reported a strong performance for the nine months ended September 30, 2025, with growth across all...
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Apple Stock Reaches All Time High of $260 as Market Cap Nears $3.85 Trillion
Apple Inc. (NASDAQ: AAPL) shares soared to a new all-time high of US $260.20 on Monday, lifting the tech giant’s...
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BUA Foods Cites Data Migration for Possible Delay in Filing Q3 Financial Statement
BUA Foods Plc (NGX: BUAFOODS) has informed shareholders and the investing public of a possible delay in the submission of...
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Okomu Oil Palm Plc announces N10 interim dividend
The Okomu Oil Palm Company PLC (NGX: OKOMUOIL) has announced an interim dividend for its shareholders for the nine months...
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Ford Recalls 625,000 Vehicles for Faulty Rearview Cameras and Seatbelt Anchors
Ford Motor Company has announced a recall of 625,000 vehicles in the United States due to critical safety issues involving...
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Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%
Nestlé, the Swiss food and beverage giant, announced a major restructuring plan today, which will result in the elimination of...
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Germany Signs Multi-Billion Euro Deal for 20 Advanced Eurofighter Typhoons
Germany has signed a multi-billion-euro deal with Airbus for 20 Eurofighter Typhoon jets, bolstering the Luftwaffe and advancing air fleet...
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Binance Announces $400 Million Recovery Initiative After Crypto Crash
Binance, the largest cryptocurrency exchange, announced a $400 million "Together Initiative" to support users affected by a significant market crash...
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Transcorp Power Grows Profit, Revenue Surges to ₦308.5bn in Q3 2025
Transcorp Power Plc (NGX: TRANSPOWER), a subsidiary of Transnational Corporation Plc (Transcorp Group), has announced strong unaudited financial results for...
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