Refinitiv, an LSEG (London Stock Exchange Group) business, today released the Q1 2023 investment banking analysis for the Sub-Saharan African. According to the report, an estimated US$64.8 million worth of investment...
Transcorp, Nigeria’s leading diversified conglomerate, has received a significant investment from billionaire businessman Femi Otedola. The announcement was made by Transcorp’s Chairman, Tony Elumelu, who expressed...
Transnational Corporation Plc (Transcorp), a leading Nigerian conglomerate, has announced that Heirs Holdings, a special purpose vehicle owned by billionaire investor Tony Elumelu, has acquired 9,697,189,984...
In a major setback for tech giant Microsoft, the UK’s Competition and Markets Authority (CMA) has blocked its $75bn acquisition of video game publisher Activision Blizzard....
American multinational mass media and entertainment company Disney has commenced the downsizing of its workforce in a second round of layoff, as it is set to...
French multinational holding and conglomerate specializing in luxury goods, LVMH, has recorded a major milestone after it became the first European company to hit a $500...
Nigerian singer and businessman Oluwatosin Oluwole Ajibade popularly known as Mr. Eazi has sold Vydia, the portfolio company of his venture capital fund Zagadat Capital, to content...
United Capital Plc, a pan-African financial services group and leading investment bank, has set the tone for the Q1-2023 financial declaration period with its recently released...
Seplat Energy Plc has announced that the immigration lawsuit against its Chief Executive Officer (CEO), Roger Brown, has been withdrawn by the Federal Government of Nigeria....
Electric Vehicle automaker Tesla has reported an increase in revenue in the first quarter despite a series of price cuts. Tesla’s first-quarter earnings call which was...