…Adaraniwon, the union said Uber’s exit was due to its alleged “exploitative foundational business model.” The union also slammed Uber for its alleged disregard for the plight of workers who helped build the platform over the years. “There was no consultation or transition plan for the thousands of Nigerian drivers who…

…consolidation as insurers reassess their scale, capital adequacy and long-term business models. For Stanbic IBTC Insurance, the successful verification provides a stronger platform to pursue growth opportunities while maintaining its capacity to meet policyholder commitments. The company said the recapitalisation shoul…

…key is to understand the realities of the operating environment and build them into your business model. The problem comes when you expect the system, simply because it is not working perfectly, to automatically turn you into something else within a short period. That is where people make mistakes. If you introduce a p…

…settlement, Meta averted a trial that was widely seen as an unprecedented threat to its business model. The case is one of thousands that the social media giant currently faces in California state and federal court alleging it is responsible for fueling a teen mental health crisis. Jurors in the federal case heard test…

…are designed and operated. That could have implications for Meta’s advertising-driven business model because the company’s recommendation systems are central to keeping users engaged and generating opportunities to serve advertising. Analysts cited by a media report said the case could lead to significant changes in so…

…Over the past five years in Nigeria, Enterprise Life has developed a digital-led business model, leveraging technology and partnerships to widen access to life assurance and expand formal insurance coverage. With its expanded capital base now secured, the company stated that it is targeting enhanced underwriting capaci…

…team capacity and execution ability (15%), market potential and scalability (10%), business model and financial viability (10%), social and economic impact (10%), alignment with ECOWAS priorities (10%), and pitch/online voting/data integrity (5%).

…come together. We need more shows, fairer pricing, more opportunities for artists, and a business model that works for everyone, not just a few people. Make we reason am together. It's time to make a change so this industry can sustain itself for many years to come'' by Linda Ikeji at 05/08/2026 8:18 AM | Share this St…

…of Embraer E175 regional jets represents a carefully calculated evolution of its business model rather than a departure from it. The Embraer E175 occupies a unique position between turboprops and larger narrow-body aircraft. It offers higher passenger comfort, greater speed and improved operational capability while rem…

…where businesses that obey the law are forced to compete against operators whose business model depends entirely on breaking it. In clear terms, such competition is neither fair nor sustainable. For investors, the implications are equally significant. Companies considering long-term investments in Nigeria’s consumer go…

…award caps a 12-week accelerator in which startups received support to strengthen their business models, improve their products, develop market traction, and prepare for investment through the broader timbuktoo pipeline. The accelerator is part of UNDP’s broader timbuktoo initiative, launched at the 2024 World Economic…

…several virtual brands from its kitchens, and customers order through FoodCourt in a business model that is optimised for speed and lower costs. By the end of 2024, Nneji shared on LinkedIn that the startup had raised $1.7 million, delivered over 1 million meals, and achieved $4.3 million in annual recurring revenue (A…

…the next few years, I believe we will be an ecosystem enabler-as we’ve replicated this business model in other countries. I will have different production lines, and my products will be sold on shelves in more countries. I hope we become a tycoon in the food industry. As for Sudan, I think this war is a blessing in dis…

…expenses below 15% of total assets. That is a significant departure from many fintech business models, where payments, transfers, and merchant services generate most revenue, and growth often comes with rising operating costs. The guidelines prohibit foreign exchange transactions, international electronic fund transfer…

…Officer of Awabah, argued that fintechs and commercial banks operate under different business models and risk structures. According to him, imposing mandatory public disclosure requirements on startups from inception could stifle innovation and discourage new entrants. "If you make it mandatory to publish numbers for a…

…business environment. "The 2025 financial performance reflects the resilience of our business model, the commitment of our workforce, and our unwavering focus on operational excellence, customer satisfaction, and strategic expansion," Afolabi added. He further stated that the results underscore SAHCO's ability to navig…

…Dr Taiwo Afolabi, attributed the performance to the resilience of the Company's business model, the dedication of its workforce, and its sustained focus on operational excellence, customer satisfaction, and strategic expansion. He said: "The 2025 financial performance reflects the resilience of our business model, the…

…become a business," he said. "It is no longer just a crime. It has become an organised business model." His frustration was evident as he described how criminal groups have built economic systems around abductions. "You cannot imagine what is going on. Some people are expecting proceeds from kidnapping. Some people are…

In the betting industry, player protection can no longer exist as a separate compliance unit. It cannot be reduced to

…and stronger shareholder funds. The performance underscores the resilience of IMG's business model and the effectiveness of its strategic and financial management. For the year ended December 31, 2025, IMG recorded revenue of N8.45 billion, up slightly from N8.38 billion in the previous year. Profit After Tax stood at…

…from siphoning away from core banking operations. This upheaval is damaging the business models of diversified conglomerates and reducing internal cash flexibility, which could lower overall efficiency and future dividends for investors. Investors still locking in gains Meanwhile, the Nigerian Stock Exchange in general…

…AI can be integrated into their businesses, whether through their workflows, products or business models. That’s why AI training is a key part of the programme. We want companies to understand how they can use the technology to accelerate growth. At the same time, I think we need to demystify AI. It’s not some mystical…

…to preventing, countering and dismantling organised criminal networks, disrupting the business models of criminal enterprises and fighting all forms of abuse and exploitation of migrants, with special attention to refugees and forcibly displaced persons. Partner countries, such as Kenya and the Republic of Korea, have…

…theatrical loss, Amazon MGM Studios is likely to greenlight a sequel due to its unique business model. The film is considered a crucial asset for Prime Video, targeting older fans nostalgic for the 1980s franchise to drive streaming subscriptions. Amazon prioritizes filling genre gaps and attracting subscribers over in…

…it has designed a compact MRI unit that can be transported in a small truck. Adialante's business model is to bring these machines to clinics and charge $250 a scan. The company's massive but worthwhile ambition is to change MRI scans from being reserved for symptomatic patients into a routine annual screening. Complir…