Category: Business

AfDB approves $61m facility to support women-led MSMEs in Nigeria

The African Development Bank Group has approved a $61 million financing package for the Development...

Toyota warns of £3bn loss as Iran war pushes up costs

Toyota has disclosed a £3bn blow linked to the war in Iran, as rising parts...

Dangote Cement plans 10% share sale in London listing

Africa’s richest man, Aliko Dangote, is planning to list Dangote Cement Plc on the London...

C&I Leasing posts ₦532.84m pre-tax profit in Q1 2026

C&I Leasing Plc reported a pretax profit of N532.84 million in its Q1 2026 unaudited...

Eterna Q1 profit doubles as revenue hits ₦70.5bn

Eterna Plc has recorded a stronger Q1 2026 performance, with pretax profit rising to N1.6...

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,...

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...

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...

NITDA raises alarm over AI malware DeepLoad

The National Information Technology Development Agency has issued a warning over a new AI-driven malware...

OPay partners CBN to promote financial literacy among youth

OPay, a leading fintech company in Nigeria, partnered with the Central Bank of Nigeria at...

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...

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...