The entire slate of seven independent directors at 23andMe has stepped down over differences with CEO Anne Wojcicki regarding the strategic direction of the company. This significant move underscores a deeper clash about the future of the DNA testing firm amid its plummeting stock value and Wojcicki's bid to take the company private.
President Bola Tinubu has sanctioned the use of Nigerian National Petroleum Company Limited's 2023 dividends to cover petrol subsidy costs. This move is aimed at alleviating the financial pressure on NNPC, which is struggling to remit taxes and royalties to the federation account amidst heavy subsidy expenditures projected to reach N6.884 trillion by the end of 2024.
Kenya faces a potential currency crisis, with the shilling possibly crashing to Ksh170 against the dollar if the IMF delays its financial support. Former Cabinet Secretary Moses Kuria has flagged the dire situation, emphasizing the need for immediate action to stabilize the Kenyan economy and avert further decline.
The FCCPC's investigation revealed that Coca-Cola Nigeria and NBC breached transparency and consumer trust by failing to disclose shifts from sugar to non-nutritive sweeteners. The companies' marketing tactics for Coke, Fanta, and Sprite lacked clear communication, misleading consumers on product changes.
Nairobi Water has resumed its normal banking services after an undisclosed disruption. On July 16, 2024, the company expressed gratitude to its customers for their patience during this period. The notice did not detail the nature or duration of the disruption, leaving many questions unanswered.
Considering a shopping trip on the Fourth of July? Many grocery stores and retailers have specific holiday hours. Stores like Aldi, C Fresh Market, and Target will operate with limited schedules, while locations like Natural Grocers will be closed entirely. Here is a detailed guide to help you plan your Independence Day shopping.