Tesla Inc. shareholders have voted in favor of Chief Executive Officer Elon Musk’s compensation package and the company’s state of incorporation change to Texas. The results,...
The Nigerian National Petroleum Corporation (NNPC) has withdrawn its legal challenge against Exxon Mobil Corp.’s sale of its oil and gas assets to Seplat Energy Plc....
Access Bank Plc has taken a significant stride in expanding its presence in East Africa through the acquisition of a majority equity stake in African Banking...
Tolaram Group has acquired a 58.02% stake in Guinness Nigeria from Diageo Plc. for ₦81.60 per share, representing approximately a 60% premium over Guinness Nigeria’s closing...
Africa’s largest oil refinery, the Dangote Refinery, has postponed the start of its premium motor spirit (PMS) production, commonly known as petrol, from June to mid-July....
The Nigerian National Petroleum Company Limited (NNPC) has firmly denied allegations that it inflated the subsidy on Premium Motor Spirit (PMS), commonly known as petrol, by...
International Breweries PLC, a subsidiary of AB InBev, the world’s largest brewer, has announced that non-shareholders will now have the opportunity to participate in its ongoing...
Nvidia has surpassed Apple in market capitalization as its dominance in the artificial intelligence (AI) sector continued to fuel interest in the company. On Wednesday, Nvidia’s...
Turkish Airlines is venturing into the manufacturing of aircraft components, including seats and engine parts. This initiative aims to leverage the airline’s substantial order book of...
Alhaji Aliko Dangote, the founder of the Dangote Group and Africa’s richest individual, has revealed ambitious plans for his conglomerate to reach over $30 billion in...