Infineon to cut 1,400 jobs worldwide, relocate another 1,400, says CEO

Infineon, the German chipmaker, will cut 1,400 jobs globally and move an additional 1,400 positions to…

FG responds to WhatsApp’s threat to leave Nigeria over $220m fine

The Nigerian Federal Government has responded to the threat made by Meta Platforms Inc., the parent…

World Bank Approves  $1.5 Billion Financing for Ethiopia

In a landmark decision, the World Bank has approved $1.5 billion in budget support for Ethiopia,…

Japan orders ‘drastic reforms’ after new Toyota certification violations

The Japanese government ordered Toyota Motor on Wednesday to make “drastic reforms” after discovering new violations…

MTNng Closes All Stores Nationwide Following Government Instruction to Unbar SIMs

MTN Nigeria has announced that all its stores and service centres across the country will be…

Meta’s Q2 ad sales expected to rise; focus on AI innovations, costs

Meta Platforms is expected to report a 20% rise in quarterly revenue. This growth is attributed…

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