Ford Motor Company’s European strategy has come under renewed scrutiny as the automaker prepares to cut 1,000 jobs at its Cologne plant in early 2026. The...
The Dangote Group has rejected allegations by the Depot and Petroleum Product Marketers Association of Nigeria (DAPPMAN) that its refinery sells petrol to international traders at...
Arise Integrated Industrial Platforms (Arise IIP) has secured $700 million in fresh funding to accelerate its expansion across Africa, in a transaction that brings Saudi Arabia’s...
SpaceX will acquire wireless spectrum licenses from EchoStar Corp. in a $17 billion cash-and-stock deal, a move aimed at strengthening its Starlink network and advancing direct-to-device...
The Nigerian National Petroleum Company Limited (NNPC Ltd) generated N34.64bn from crude oil sales in July 2025 with the Dangote Petroleum Refinery accounting for N11.20bn or 32.33...
Unity Bank Plc has called a Court-Ordered Meeting for Friday, September 26, 2025 (9:00 a.m.) at OOPL Hotel, Abeokuta, Ogun State, to seek shareholder approval for...
Alibaba Group Holding Ltd. shares surged more than 19 percent in Hong Kong on Friday, the steepest intraday gain since November 2022 after the company reported...
Africa’s richest man, Aliko Dangote, has signed a $2.5 billion partnership with the Ethiopian Government to construct one of the world’s largest single-site fertiliser plants in...
The Nigerian National Petroleum Company Limited (NNPC) reported profit after tax of ₦185bn for July, a 79.6% month-on-month decline from ₦905bn recorded in June. In its...
The $20 billion Dangote Petroleum Refinery, Africa’s largest, has begun operations, redefining Nigeria’s oil industry and making the country a net exporter of petroleum products for...
