Nigeria’s eagerly anticipated Dangote Refinery is on the verge of making its long-awaited debut in the country’s energy market, multiple sources have confirmed. The refinery’s impending...
French energy conglomerate TotalEnergies has announced its intention to divest its minority stake in a prominent Nigerian onshore oil joint venture. The decision follows Shell’s recent...
Hermes, the esteemed French luxury brand renowned for its coveted Birkin bags, has reported a significant surge in sales, defying the broader slowdown in the luxury...
Barclays Plc has announced its acquisition of Tesco Plc’s banking business in a £600 million deal. The transaction marks Barclays’ endeavor to strengthen its presence in...
Exxon Mobil Corp., a key player in Equatorial Guinea’s oil sector for almost three decades, has announced its plans to withdraw from the country in the...
The MultiChoice Group has rebuffed an acquisition offer from Canal Plus, asserting that the bid significantly undervalues the company. The rejection comes after Canal Plus proposed...
Yandex NV, the Russian tech giant, has announced the divestment of its Russian business in a landmark $5.2 billion deal. This sale includes the transfer of...
French media conglomerate Canal+ has made a move to acquire South African pay-TV giant MultiChoice for $1.7 billion. The offer, valued at approximately R31.7 billion, represents...
BUA Foods, a leading Food and Fast-moving consumer goods (“FMCG”) grew revenue by 74% from N418.348 billion in 2022 to N728.477 billion in the year ended...
Geregu Power, the brainchild of business magnate Femi Otedola, has announced a 60% surge in its bottom line, boasting a record profit of N16.1 billion for...
