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...
Ellah Lakes Plc has moved to de-risk its plantation timetable by building up a robust stock of oil-palm seedlings ahead of a planned 2026 expansion, a...
Oando PLC, listed on the Nigerian Exchange Limited and Johannesburg Stock Exchange, has announced the completion of Tranche One under its Share Distribution Programme, delivering new...
Nigerian oil producer Heirs Energies has unveiled an ambitious plan to double its crude oil output to 110,000 barrels per day by 2030. Chief Executive Officer...
