Industry titans Microsoft Corp. and Google parent company Alphabet Inc. have surpassed Wall Street’s expectations, buoyed by robust growth in artificial intelligence (AI) and cloud computing...
Axxela Limited, a leading sub-Saharan African gas and power company, has successfully completed its N15 billion Series 1 Bond Issuance. The company raised N16.4 billion due...
Dangote Petroleum Refinery has once again sent ripples through Nigeria’s fuel market by further reducing the prices of diesel and aviation fuel. In a bid to...
Short sellers betting against MicroStrategy found themselves facing significant losses as the company’s rally wiped out $1.92 billion since March. This development comes amidst a rally...
Geregu Power Plc has announced a profit of N14.46 billion for the first quarter (Q1) of 2024. This represents a 307% increase when compared to the...
Guaranty Trust Holding Company Plc (GTCO) has announced a strong profit before tax (PBT) of N609.3 billion for the 2023 financial year. This represents an increase...
Nigerian Exchange Group Plc (NGX) has announced the acquisition of a 5% stake in the Ethiopian Securities Exchange (ESX). The investment marks a significant milestone for...
Canal+, a subsidiary of Vivendi SE, has formally tabled a $2.9 billion all-cash offer for MultiChoice Group Ltd., a major South African broadcaster. This move comes...
Nigerian Breweries Plc has revealed plans to raise N600 billion through a rights issue to strengthen its capital base and address financial challenges exacerbated by currency...
Cadbury Nigeria Plc, a prominent player in the consumer goods sector, has delivered disappointing news to its shareholders as it announced that no dividends will be...
