Companies & Markets

Alhaji Aliko Dangote Retires as Chairman of Dangote Sugar Refinery

Alhaji Aliko Dangote Retires as Chairman of Dangote Sugar Refinery

Alhaji Aliko Dangote, Africa’s foremost industrialist, has retired as Chairman of Dangote Sugar Refinery Plc. Effective June 16, 2025, Dangote… Read More

2 months ago

Multichoice Revenue Declines by 9% in 24/25 FY Following Massive Subscriber Loss

South African pay television company MultiChoice Group has recorded a 9% decline in YoY revenue for the Financial year ending… Read More

2 months ago

Dr. Akinwunmi Adesina Appointed to World Food Prize Foundation Council of Advisers

Outgoing President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has been appointed to the Council of Advisers of… Read More

2 months ago

MRS Oil Nigeria Forecast N393.58 billion in Revenue for Q3 2025

MRS Oil Nigeria PLC, a leading player in Nigeria’s downstream oil and gas sector, has forecasted a revenue of ₦393.58… Read More

2 months ago

Nigeria’s $5 Billion Aramco Loan Stalls as Oil Prices Plummet

Negotiations between Nigeria and Saudi Arabia’s Aramco for a landmark $5 billion oil-backed loan have hit a roadblock as plunging… Read More

2 months ago

How Fintechs Operate in Nigeria

In 2019, Nigerian tech start-ups attracted a staggering US$747 million in venture capital, a 585.3% surge from 2016. How are… Read More

2 months ago

Kenya’s Second Largest Bank, Equity Bank Fires 1,200 Staff Over $15.4 million Fraud

Equity Bank, Kenya’s second-largest bank by assets, has fired more than 1,200 staff in an attempt to curb internal fraud… Read More

2 months ago

Telkom South Africa Records 62.3% Increase in YoY Revenue, Resumes Shareholder Dividend Payment

South African telecommunication firm Telkom on Tuesday reported a 62.3% increase in its FY 2025 earnings. As a result, the… Read More

2 months ago

Linkage Assurance PLC Forecast ₦18.5 billion in Revenue For Q3 2025

Linkage Assurance PLC, a leading player in Nigeria’s non-life insurance sector, has forecast ₦18.5 billion in revenue for the third… Read More

2 months ago

Adegbola Adesina, CFO of Aradel Holdings, Acquires ₦759.375 Million in Shares

Aradel Holdings PLC, a prominent player in Nigeria’s energy sector, has disclosed a significant share purchase by its Chief Financial… Read More

2 months ago