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OpenAI Shuts Down AI Video-generation Tool, Scraps $1 Billion Disney Deal
International artificial intelligence (AI) research organization, OpenAI, has shut down its Sora video-generation tool, this brings an abrupt end to a planned $1 billion partnership with The Walt Disney Company.
The move was…
Meta Hit With $375 Million Fine Over Child Safety Violations
One of the world’s leading technology companies, Meta Platforms Inc. has been ordered to pay $375 million after a jury found the tech giant violated consumer protection laws by misleading users about the safety of its…
Nigeria, Ghana Propel MTN’s Revenue Growth In Africa
MTN Group has reported a strong financial performance for 2025, posting a 23% increase in revenue to R218.5 billion, driven largely by robust growth in its West African markets.
Nigeria and Ghana emerged as key contributors,…
BUA Cement Tops Gainers List As Nigerian Stock Market Hits Historic High
The Nigerian Exchange (NGX) All-Share Index soared to an unprecedented high of 201,474.9 points on March 16, 2026, marking a 1.55% surge that lifted total market capitalization to N129.3 trillion. Spearheading this remarkable rally…
Indomie Launches Africa’s First AI-Powered Cultural Praise Poetry To Celebrate Mother’s Day
Indomie, Nigeria’s most loved instant noodle brand and a trusted household staple across generations, is once again raising the bar in brand innovation with the launch of the 2026 edition of Show Some Love To Mum Campaign, an…
Ramadan 2026: Epic Brands Seizing The Spotlight
The slender crescent moon hung low, like a pleased mother’s surprise treat over Lagos skylines, signaling another Thursday dawn of the Ramadan fast. Across Nigeria, from the bustling markets of Kano to the mosque-lined streets of…
Peak 456 Growing Up Milk Unveils Bold New Pack Design, Reaffirming DHA Advantage For Nigerian…
FrieslandCampina WAMCO Nigeria Plc, makers of the leading Growing Up Milk brand in Nigeria, today announced a refreshed new pack design for Peak 456 Growing Up Milk. Specially formulated for children aged 4 to 6 years, the new…
Netflix Set To Alter Long-time Dependence On Subscription With Global CTV Ads
Netflix is set to position advertising as a significant secondary revenue stream alongside subscriptions, altering the company’s long-standing reliance on subscriber income.
According to data from Omdia, Netflix’s advertising…
Elevate 28: WPP Unveils Ambitious Multi-Year Integration Plan
Worldwide creative services and advertising holding group, WPP (Worldwide Partnerships Plus) has unveiled an ambitious multi-year restructuring plan branded “Elevate 28,” positioning the group to transition into a single,…
Nivea Signs Pact With Customs To Combat Product Counterfeiting
Beiersdorf Nigeria, makers of NIVEA skincare products, have forged a strategic Memorandum of Understanding (MoU) with the Nigeria Customs Service (NCS) to combat rampant counterfeiting. The pact which was signed in Abuja over the…