German Courts Rule Against Lufthansa and Adidas for Misleading Climate Claims

Environmental Action Germany (DUH) has secured legal victories against Lufthansa and Adidas in two separate greenwashing cases, with German courts finding both companies misled consumers with vague or unsubstantiated sustainability claims.

Puma Taps Former Adidas Exec Arthur Hoeld as New CEO Amid Strategic Shift

Puma has appointed Arthur Hoeld, former head of global sales at Adidas, as its new CEO and chairman of the management board, signaling a new phase of growth for the German sportswear giant.

Premier League Profits Dip While Operating Costs Surge in 2023-24

The English Premier League (EPL) has reported a drop in post-tax profits and a sharp rise in operating expenses for the financial year ending July 31, 2024, amid its ongoing three-year broadcast and commercial rights cycle.

Ogunjobi to Chair 2024 Industry Awards Jury as Akingbolu, Others Join Panel

The Industry Newspaper, West Africa’s premier publication dedicated to brand marketing, has unveiled the jury for the sixth edition of its annual Industry Awards, scheduled to be held in Lagos.

Publicis Groupe Africa Welcomes 2025 Cohort to Le Cubs Graduate Programme

Publicis Groupe Africa has welcomed a new cohort of interns into its Le Cubs Programme, reaffirming its commitment to nurturing the next generation of creative leaders across the continent. 

CBN Injects $197.71m into FX Market Amid Global Tariff Tensions

In response to recent turbulence in the foreign exchange market, the Central Bank of Nigeria (CBN) injected US$197.71 million on Friday, April 4, 2025, through sales to Authorized Dealers. The move follows heightened global economic uncertainty triggered by the United States’ introduction of new import tariffs affecting several countries.

Unilever, UK Government, and EY back local innovators tackling waste and regenerative agriculture

...award £500,000 in grant funding to five pioneering startups

West Africa’s sustainability scene just received a major lift. TRANSFORM West Africa—a collaboration between Unilever, the UK Government, and EY—has awarded £500,000 in grant funding to five pioneering startups committed to driving innovation in circularity and regenerative agriculture. Among them, three standout Nigerian companies are leading efforts to combat waste and promote green solutions.

TotalEnergies to Pay N40 Dividend as Profit More Than Doubles to N27.5bn

TotalEnergies Marketing Nigeria Plc, a major player in Nigeria’s downstream oil and gas sector, reported a 113% jump in profit, closing the 2024 financial year with earnings of N27.5 billion, up from N12.9 billion in 2023.

Ogun State, Terra Kulture Join Forces to Launch Film and Entertainment Village

The Ogun State Government is set to collaborate with Terra Kulture to establish a dedicated film and entertainment village, Governor Dapo Abiodun announced during a meeting with Terra Kulture’s CEO, Bolanle Austen-Peters, in Abeokuta on Saturday.

Trump Delays TikTok Ban Again, Grants Another 75-Day Extension

In a surprise move, President Donald Trump has issued a second 75-day extension for TikTok, postponing a ban on the popular app and giving negotiators more time to finalize a U.S.-based ownership deal. The decision was announced Friday via Trump’s Truth Social account, providing the embattled video-sharing platform with a temporary reprieve.

OPEC Fund Commits Over US$600 Million to Boost Infrastructure, Human Capital, and Economic Resilience in Developing Regions

The Organization of the Petroleum Exporting Countries (OPEC) Fund has approved more than US$600 million in new development financing to advance sustainable infrastructure, private sector growth, food security, and human capital development across partner countries in Africa, Asia, Latin America, and the Caribbean.

Seyi Onasanya Named Chief Operating Officer of Nigeria Internet Registration Association

The Nigeria Internet Registration Association (NiRA) has appointed Ms. Seyi Onasanya as its new Chief Operating Officer (COO), effective April 1, 2025.

2025 Food & Drink Festival: GTCO Makes Final Call for Free Retail Stall as Applications Closes April 2

The application window for a free retail stall at the highly anticipated GTCO Food & Drink Festival closes tomorrow, April 2, 2025. Entrepreneurs in the food industry are encouraged to seize this opportunity to showcase their businesses at one of Africa’s premier culinary events.