Dangote Sugar Refinery Plc, Nigeria’s leading producer of sugar, has announced its first annual loss in the wake of the ongoing devaluation of the naira. The...
Lafarge Africa’s Board of Directors has recommended a dividend payout of N30.60 billion for the year ended December 2023, a reduction from the previous year’s dividend....
EnjoyCorp Limited, a conglomerate known for its ventures in food, beverage, and hospitality, has successfully secured a strategic acquisition deal with Heineken B.V. The agreement entails...
Apple Inc. has announced the termination of its decade-long effort to develop an electric car, marking the end of one of the company’s most ambitious projects....
Olam Group Ltd., a prominent agricultural trader, reported an improvement in its second-half performance following a report of an ongoing investigation in Nigeria. The company disclosed...
Universal Music Group (UMG), the global music powerhouse, has announced its acquisition of a majority stake in Mavin Global, one of Africa’s most prominent independent record...
Nigerian Breweries, a subsidiary of Heineken NV, has faced a setback as it disclosed a $99 million foreign exchange loss in its recent financial report. The...
Shares of Barclays Plc surged by 6.9% following the announcement of a monumental £10 billion shareholder payout. The British banking giant’s decision to return such a...
Capital One Financial Corp. has announced its intention to acquire Discover Financial Services in a $35 billion deal. This strategic acquisition positions Capital One as the...
Olam Group Singapore-listed shares experienced a significant surge following the exoneration of the company amidst Nigerian scandal allegations. After a thorough investigation, the commodity trading giant...
