The Corporate Affairs Commission (CAC) has decided to extend the deadline for companies to submit their annual returns. Originally set for January 1, 2024, the new...
OPay, the digital banking platform boasting over 40 million registered users, has strategically eliminated its bank account verification feature. This move follows revelations of a technical...
In a strategic move to strengthen its position in the emerging market of Côte d’Ivoire, Coris Group has finalized an agreement to acquire Standard Chartered’s Consumer...
Flour Mills of Nigeria Plc (FMN) has successfully repaid its N51.64 billion Series 2 Commercial Paper as revealed in a statement issued by the company. This...
Elon Musk’s SpaceX is reportedly in discussions about initiating a tender offer that values the aerospace manufacturer and space transportation company at $175 billion or more....
Nigeria’s blockchain payments platform Bitmama Inc. has successfully acquired Payday, a virtual card service provider. The acquisition, facilitated through Bitmama’s cross-border payments product, Changera, signals a...
Jonathan Oppenheimer, scion of South African billionaire Nicky Oppenheimer, has secured full ownership of Nigeria’s largest beverage can manufacturer, GZ Industries Ltd. Oppenheimer Partners Ltd. concluded...
Norwegian energy company Equinor has successfully finalized the sale of its 20.21 per cent stake in Chevron’s Agbami oil field. The transaction, including Equinor’s 53.85 per...
Aliko Dangote, the president and chief executive of Dangote Industries Limited, has announced plans to publicly list the subsidiary, Dangote Petroleum Refinery, on the Nigerian Exchange...
In a recent interview with the Financial Times, Aliko Dangote, the President and CEO of the Dangote Group, announced that the long-anticipated $20 billion Dangote Refinery...