Cadbury Nigeria Plc has released its audited financial results for the year ending December 31, 2024, achieving a full-year revenue of N129.1 billion, up from N80.3...
Funding into the African tech ecosystem dropped five percent to $460 million in the first quarter of 2025. According to Africa: The Big Deal, the decline...
The United States said Tuesday it has approved the possible sale of $5.58 billion in F-16 fighter jets to the Philippines, as Washington backs its ally...
Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in over three years, reflecting a substantial...
President Bola Tinubu on Wednesday, appointed Engineer Bashir Ojulari as the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited. As announced by...
President Bola Tinubu has signed the Investments and Securities Act (ISA) 2024 into law—officially categorizing cryptocurrencies and other virtual assets as securities. This landmark legislation repeals...
President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the...
Bullion powered to a record high for a fourth straight session, hitting $3,148.88 per ounce. “On top of general risk aversion, investors are increasing allocation to...
African airlines recorded a 5.7% year-on-year decline in air cargo demand in February 2025, with capacity decreasing by 0.6% in the same period. Capacity, measured in...
OpenAI on Monday says it raised $40 billion in a new funding round that valued the ChatGPT maker at $300 billion, the biggest capital-raising session ever...
The Republic of Congo is expected to more than double its natural gas production by 2027, according to an outlook by commodity company S&P Global Commodity...
Oil revenue rose by 53.59 per cent to ₦2 trillion relative to the level in the third quarter of 2024, occasioned by higher receipts from oil...
The Nigerian electricity sector slowed in the fourth quarter of 2024 (Q4 2024), with the electricity production index declining by 1.64% year-on-year (y-o-y). Data from the...
Mali, Burkina Faso and Niger have announced a new 0.5% levy on imported goods from Nigeria and other Economic Community of West African States (ECOWAS) member-nations....
Chinese smartphone maker giant Huawei said Monday that profits fell 28 percent last year as it faced international economic uncertainty and weak consumption at home. The...