MTN shareholders approve ₦167.9m remuneration for chairman Ndukwe
Shareholders of MTN Nigeria have approved a new remuneration package for the company’s non-executive directors, with Chairman Ernest Ndukwe set to earn…
Business
Neimeth pharmaceuticals shareholders approve ₦1.99bn capital restructuring scheme transfer
Shareholders of Neimeth International Pharmaceuticals Plc have approved a major capital restructuring scheme that will reduce the company’s share premium account from…
Mozambique diesel prices jump 46% amid Middle East tension
Mozambique, one of the world’s poorest countries, has increased diesel prices by 46 per cent as African governments adjust regulated fuel rates…
NITDA raises alarm over AI malware DeepLoad
The National Information Technology Development Agency has issued a warning over a new AI-driven malware called DeepLoad, saying it is actively targeting…
OPay partners CBN to promote financial literacy among youth
OPay, a leading fintech company in Nigeria, partnered with the Central Bank of Nigeria at the Global Money Week 2026 Financial Literacy…
Sahara Power pushes for digital electricity grid to fix Nigeria’s power
Sahara Power Group has called for the adoption of a digital electricity grid to address Nigeria’s longstanding power supply challenges. Speaking through…
Sony nears $4bn deal to buy Justin Bieber, others’ music catalogs
Sony Group is making a major push into music rights, reportedly closing in on a deal worth nearly $4 billion to gain…
Oil falls, stocks rise as Trump signals possible end to Iran war
Oil prices fall while stock markets rose after Donald Trump said the war with Iran would end and that the Strait of…
Global watchdog warns AI boom could trigger private credit losses
The rapid expansion of private credit into the artificial intelligence sector is raising fresh financial stability concerns, with global regulators warning that…
EFCC arraigns Metro Digital over illegal Multichoice content broadcast
The Economic and Financial Crimes Commission has arraigned a communication company, Metro Digital Limited, on an amended four charge bordering on cybercrime…
UBA, Redtech, MoMo launch cardless payment partnership nationwide
United Bank for Africa, Redtech, and MoMo Payment Service Bank have launched a payment interoperability partnership aimed at expanding cardless payment access…
UK court freezes $40m assets of Nigerian oil tycoon Abdulrahman Bashar
The High Court of Justice in London has granted a post-judgment worldwide freezing order against Nigerian businessman Abdulrahman Musa Bashar and his…