Tesla shareholders have approved a landmark pay package for CEO Elon Musk and agreed to relocate the company’s official headquarters to Texas. The deal was blocked…
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The National Union of Metalworkers of South Africa (NUMSA) has raised serious concerns following a recent notice from Mercedes Benz South Africa (MBSA) regarding potential retrenchments.…
Pan-African broadcaster MultiChoice incurred a net loss of 4.1 billion rand ( about $225.8 million) for the year ended March 31, 2024. Its audited accounts released…
The Chartered Institute of Bankers of Nigeria (CIBN) has dispelled fears of bank liquidations stating that the banking system is “safe, sound and resilient.” Prof. Pius…
Aliko Dangote, the founder of Dangote Group, has announced that he has repaid $2.4 billion of the $5.5 billion loan for his $19 billion Lagos refinery.…
Several unregistered loan apps have continued to operate in the country via the Android Package Kit (APK) as the Federal Competition and Consumer Protection Council (FCCPC)…
In a landmark deal that will reverberate across Nigeria’s beverage market, Singapore-based consumer group Tolaram agreed to acquire Diageo’s 58.02 per cent shareholding in Guinness Nigeria…
The African Development Bank and technology giant Intel are collaborating to transform the African digital ecosystem by equipping 3 million Africans and 30,000 government officials with…
Nvidia’s market value has risen to over $3 trillion, overtaking Apple to become the second most valuable publicly listed company in the world. The company’s share…
The United Nations has announced that global public debt hit $97 trillion in 2023. Developing nations account for approximately one-third of this total, limiting their capacity…