Elon Musk has announced that his artificial intelligence company, xAI, has acquired X Corp., the operator of the social media platform X (formerly Twitter), in a...
The Nigerian Exchange Limited (NGX) closed lower on Thursday as sustained selling pressure dragged the equities market down by N31 billion. The market capitalisation dropped from...
The Senate has raised concerns over the proposed divestment of Lafarge Africa Plc by its majority shareholder, Holcim AG, to Huaxin Cement Co., a Chinese cement...
Oil prices advanced more than 7 percent in the last three weeks as fresh U.S. sanctions on Venezuela and Iran, combined with falling U.S. crude inventories,...
MRS Oil Nigeria Plc grew profit after tax by 60.5 percent from N4.05 billion recorded in 2023 to N6.49 billion for the financial year ended December...
The Bank of Ghana has left its benchmark interest rate unchanged at 27 percent following its March monetary policy committee meeting. Inflation eased to 23 percent...
Ecobank Group posted a record profit before tax of $658 million for the full year 2024, a 13 percent year-on-year increase or 33 percent in constant...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially entered the final stages of preparations for its highly anticipated debut on the Nigerian capital market...
The Economic and Financial Crimes Commission (EFCC) has filed a preliminary objection to challenge the competence of a lawsuit instituted by former Minister of Petroleum Resources,...
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the country’s macroeconomic indicators are showing signs of sustained improvement following nearly two...
