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.

Hyundai Insteroid: The Inster’s Futuristic, Race-Ready Evolution

Hyundai has transformed its new Inster small electric car into a radical, race-inspired hot hatch, blending aggressive styling with a stripped-down interior. Drawing inspiration from video games, this bold reimagination pushes the boundaries of EV design.

LAWMA CEO Projects $2.5 Billion Annual Revenue for Lagos Through Circular Economy

The Lagos Waste Management Authority (LAWMA) anticipates that Lagos State could generate up to $2.5 billion annually by fully leveraging a circular economy.

Apple Now Lets iPhone Users Set WhatsApp as Default for Calls and Messages

In a major update for iPhone users, Apple has introduced the option to set WhatsApp as the default app for both calls and messages on iOS. This change further solidifies WhatsApp’s role as a global communication powerhouse.

France Fines Apple €150 Million Over Ad Tracking Practices

Apple's App Tracking Transparency (ATT) framework, a key part of its privacy-first strategy, has come under legal scrutiny in Europe. This week, the French Competition Authority imposed a €150 million ($162 million) fine on Apple, alleging that the company abused its dominant market position in the mobile advertising sector between 2021 and 2023.

Volvo CEO Jim Rowan Takes a Bow as Håkan Samuelsson Returns as Interim Chief

Volvo CEO Jim Rowan will step down immediately, with his predecessor Håkan Samuelsson returning to lead the company on an interim basis.

Nissan to Introduce Electric City Car Based on Renault Twingo in 2026

Nissan has confirmed plans to launch a new small electric city car in 2026, based on the Renault Twingo. This new model is expected to expand the Japanese automaker’s small EV lineup, with a particular focus on the UK market where right-hand drive versions may be produced.

Oando PLC Joins Afreximbank’s AfrexInsure Portfolio to Strengthen Risk Management, Promote Sustainable Energy

AfrexInsure, the fully-owned specialty insurance arm of the African Export-Import Bank (Afreximbank), has welcomed Oando PLC as a key client, further solidifying the growing business partnership between the two entities. The collaboration will allow Afreximbank to provide critical risk management solutions to Oando, safeguarding the bank’s investments in the company's Nigerian operations through tailored specialty insurance offerings. 

UAE, Saudi Arabia, and Qatar Plan Joint Bid for 2035 Rugby World Cup

The head of Asia Rugby has confirmed that the UAE, Saudi Arabia, and Qatar are preparing a joint bid to host either the 2035 or 2039 Rugby World Cup.

GTCO Surges 18.2% on Record-Breaking Earnings, Dividend Boost

Guaranty Trust Holding Company Plc (GTCO) saw a significant rally in the equities market last week, driven by its impressive earnings performance and strong dividend declaration. The leading financial services group reported a record-breaking net income of over N1 trillion for the 2024 financial year and announced a final dividend of N7.03 per share.

NDIC to Begin Payouts to Heritage Bank Depositors with Balances Over N5 Million

The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence the first tranche of liquidation dividends from the assets of the defunct Heritage Bank in April. The move to reimburse depositors with balances exceeding the insured limit of N5 million.

TikTok Strengthens Digital Safety Efforts in Africa at 2nd Annual Safer Internet Summit

TikTok recently convened its second Annual Africa Safer Internet Summit in Cape Town, South Africa, uniting government officials, regulators, and industry leaders from across Sub-Saharan Africa. Delegates from South Africa, Nigeria, Ethiopia, Cameroon, Côte d'Ivoire, Kenya, and other nations gathered to address pressing issues related to online safety, content moderation, and digital policy development.

Africa’s Business Heroes Opens 2025 Applications, Expanding Reach to Underrepresented Regions

Following a groundbreaking 6th Summit and Grand Finale in Kigali, Africa’s Business Heroes (ABH), the flagship philanthropic initiative of the Jack Ma Foundation in Africa, has officially launched its 2025 Call for Applications. This year, ABH is broadening its impact by actively encouraging entrepreneurs from historically underrepresented regions, particularly Francophone and Central Africa, to apply.