Category: Business
Midwest Pizza Maker Boosts Output with Liquid Nitrogen Freezing—Saves Big on Costs
Emil’s Pizzas, a major Midwest producer, switched to a new liquid nitrogen-based freezing system to step up pizza output by 23% while slashing costs. The fast-freezing tech also preserves ingredient quality and cuts sanitation efforts by 75%.
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Bitcoin's Rough Start in 2025: Regulatory Woes and Market Turmoil
Bitcoin suffered its worst first quarter since 2018, declining 11.7–11.82% amid regulatory delays, macroeconomic volatility, and high-profile hacks. The cryptocurrency fell from its peak of $109,000 to $76,700, with Ethereum and other altcoins experiencing even greater losses. Despite these challenges, some remain hopeful for a rebound, reminiscent of previous cycles.
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First Bank of Nigeria to Conduct Temporary Closure for Cloud Upgrade Enhancing Digital Banking
First Bank of Nigeria is set to undergo a significant shutdown to transition its operations to a modern cloud-based platform. The shutdown, starting on October 26, 2024, will last until November 4, 2024, affecting over 42 million customers. During this transition period, some banking operations will be suspended to facilitate a smooth upgrade, ensuring improved services and operational efficiencies across Nigeria.
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Ratan Tata Innovation Hub to Drive Entrepreneurship in Andhra Pradesh
The Andhra Pradesh government announced plans for the Ratan Tata Innovation Hub in Amaravati. This hub will enhance the innovation and entrepreneurial ecosystem, focusing on tech and skills in emerging sectors. It will connect with zonal centers, each supported by a big business group, fostering startups and offering mentorship. Named in honor of the late business leader Ratan Tata, this initiative aims to boost industrial growth and job creation.
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NNPC's Kyari Calls on Dangote to Disclose Staff Involved in Malta Refinery Interests
Melee Kyari, leader of the NNPC, has asked Aliko Dangote to name NNPC employees alleged to have interests in a Malta refinery. This follows Dangote's claims about NNPC staff involvement. Kyari seeks transparency and proper procedures.
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Gas Prices Spike in Lower Atlantic Region for Two Consecutive Weeks
Gas prices in the Lower Atlantic region have risen for the second week in a row, hitting an average of $3.37 per gallon of regular fuel. This ongoing increase reflects the recent trends in the region. The article explores the current state of gas prices and the factors contributing to these changes.
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Kenya's Budget Process Explained: Key Timelines and the Role of the Finance Bill 2024
Cabinet Secretary Njuguna Ndung'u is set to present Kenya's National Budget Policy Statement for 2024/25 before Parliament approves the Finance Bill 2024. This process is guided by national and international regulations, ensuring transparency and accountability.
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