Wema Bank strengthens leadership with key executive appointments
Ajimisinmi and Bakare to drive strategic growth and innovation.
Hot News
QCIL posts over 500-percent profit surge to $6 million
Pharmaceutical leader reports robust growth in revenue and margins.
NCBA Bank partners with Xpress Money to streamline global remittance services
Seamless money transfers for NCBA diaspora customers.
Glencore pilots innovative copper leaching process in Chile
The initiative aims to boost copper output from lower-grade ore in response to rising global demand for the metal, which is vital for renewable energy technologies.
Elon Musk’s Starlink halts orders in Nigeria until price hike is approved
Starlink halts new residential kit orders in Nigeria, citing regulatory hurdles over its proposed price adjustments.
Flour Mills gains shareholder approval for buyout deal
The move follows a resolution approved by the Federal High Court, clearing the path for the company’s long-discussed acquisition strategy, which was first unveiled on Sept. 24.
Lowe’s reports decline in sales amid economic uncertainty
Total sales totaled $65.12 billion, marking a 3.92% decline, though strong online and pro sales offer optimism amid ongoing challenges.
Hani Berzi’s Edita Foods stake drops $11.6 million
Despite Edita's leading position in Egypt’s packaged snack market, its shares on the EGX have slipped into year-to-date losses.
Family feud over $435-million dividend pits Nigerian oil magnate against his daughters
Indimi’s daughters have taken legal action against their father and his oil company, alleging they were unjustly denied their rightful share of a $435.1 million dividend.
Hisham Talaat Moustafa seeks tourism reforms, targets 30 million annual visitors for Egypt
Moustafa outlined a vision to attract 30 million annual visitors to Egypt, leveraging the country’s rich cultural heritage and untapped potential.
FirstRand stock slide erases millions from Johan Burger’s portfolio
South African businessman Johan Burger sees $3.03 million dip in FirstRand stake
Simbisa Brands boosts Kenyan workforce with 402 new jobs
Fast-food operator opens 15 new outlets; shifts focus to chicken and pizza
Jim Ovia’s stake in Zenith Bank tops $130 million
Jim Ovia’s wealth soars, solidifying his position as Nigeria’s richest banker
MTN to boost internet connectivity in remote areas using satellite technology
The move is part of MTN’s broader strategy to enhance its existing network with satellite technology.
LeBron James and Stephen Curry explore WNBA ownership as league popularity soars
NBA stars express interest in WNBA franchises, reflecting the league's rising value and the growing appeal of women's sports.
Orascom Development Egypt posts record sales growth despite economic challenges
Orascom Development Egypt reports a seventy-seven percent surge in real estate sales, reinforcing its resilience and strategic agility.