Category : Search result: market competition


Italy Forces Meta to Allow Other AIs on WhatsApp

Italian regulators order Meta to suspend new terms that lock WhatsApp's 3B+ users into Meta AI. An EU antitrust probe is also underway. Read the latest on the tech giant's market dominance battle.

40 NGX Stocks Give Investors 100%+ Returns in 2025

A review of the Nigerian stock market in 2025 reveals 40 listed companies doubled investors' wealth, with 11 stocks soaring over 200%. Discover the top performers and the outlook for 2026.

NGX Adds N256bn in Festive Santa Claus Rally

The Nigerian stock market surged by N256 billion on Monday, with the All-Share Index rising to 152,459.07 points. Analysts see continued gains driven by strong fundamentals. Read the full market analysis.

Fire Destroys Sabuwar Lale Furniture Market in Kano

A devastating fire has razed the Sabuwar Lale furniture market in Kano, destroying dozens of shops and goods worth millions of naira. Traders are counting losses and pleading for government assistance. Read the full report.

Borno, Kano Win 2025 National Qur'anic Contest

Musa Ahmed Musa of Borno and Hafsat Sada of Kano have emerged overall winners of the 40th National Qur'anic Recitation Competition. Governor Zulum says the event signals Borno's return to peace.

Mexican budget airlines Volaris and Viva agree to merge

Volaris and Viva, two leading Mexican low-cost carriers, have agreed to merge, pending 2026 regulatory approval. The deal aims to expand affordable air travel in Mexico amid industry turbulence. Read the full details.

Nigerian Stock Market Gains N245 Billion

The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.

Naira Rate Gap Widens as Dollar Demand Rises

The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.

Lakowe Lakes 2025 Club Golf Championship Begins

The 2025 Lakowe Lakes Golf Championship kicks off today, featuring over 120 players competing for honours in a 36-hole event. The tournament celebrates skill and improvement across Ladies, Gentlemen, and Veterans categories. Read more.

Nigerian Equities Market Gains N997bn in Week

The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.

SuperBall Youth League Finale Set for Lagos Stadium

The RiseVest SuperBall Youth League finale returns to Lagos National Stadium on Dec 18-19, 2025. Expect futsal, basketball, volleyball, music & festive fun. Join the celebration of youth talent!

Naira Falls as CBN Releases New FX Rate, Gap Widens

The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.

EU Investigates Meta Over WhatsApp AI Competition

The European Union has opened an antitrust investigation into Meta, concerned its new WhatsApp AI policy may stifle competition. This marks the bloc's latest move to regulate Big Tech.

LCCI Honours Winners of AI and Robotics Competition

Lagos Chamber of Commerce and Industry celebrates young innovators in AI and robotics essay contest. Winners received cash, laptops, and seed investment. Discover how Nigerian youths are shaping the future.

Major Fire Guts Jabi Wood Market in Abuja

A devastating fire destroyed the popular Jabi Wood Market in Abuja early Wednesday. Traders lost millions in property. No casualties reported. Read more on the response and calls for aid.

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