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Oando has announced June 12 as the release date for its 2025 audited financial statements, months after missing the March 31 regulatory deadline due to post-NAOC acquisition systems integration.
FirstHoldCo shareholders approved the N253 billion capital raise at today's 14th AGM, clearing the path for Femi Otedola's N1 trillion paid-up capital target for First Bank of Nigeria.
Kenya's Ruto has confirmed Aliko Dangote's $15-17 billion East African refinery will start construction this year, vowing to push ahead despite resistance from oil cartels.
Satellite images show Nigeria's Dangote refinery and Benedict Peters' Aiteo operation are the biggest beneficiaries of the Hormuz crisis, even as an oil theft mafia costs the country billions annually.
FirstHoldCo shareholders gather today for their 14th AGM to vote on raising N253 billion ($183.4 million) in fresh capital toward a N1 trillion ($724.6 million) paid-up base championed by Femi Otedola.
Ghana's Minerals Commission confirmed active talks with Gold Fields over the Tarkwa mine lease renewal, setting new conditions covering local value creation, technology transfer and community development.
Cameroon's richest man Baba Ahmadou Danpullo says FNB seized and liquidated R4 billion in his South African assets to recover a R520 million loan, costing 800 workers their jobs.
Inoussa Kanazoe's Soleil Resources International acquired the BMC and Roxgold gold mines as Burkina Faso's President Ibrahim Traore accelerates the push to replace foreign miners with domestic owners.
Choplife Gaming, chaired by Nigerian musician Mr Eazi, secured PMU Mali approval to launch betPawa in Mali, taking its licensed African footprint to 10 markets.
The IFC plans to provide up to $10 million to Coris Bank International Chad, a subsidiary of Idrissa Nassa's Coris Holding, to expand SME lending across trade, construction and agriculture.
The Bank of Ghana has filed a Supreme Court appeal against the Court of Appeal ruling that restored Papa Kwesi Nduom's GN Savings and Loans licence, arguing the appellate court erred in law.
NNPC filed a counter-affidavit in Lagos arguing Dangote refinery's petrol prices are significantly high and fluctuating, and that competition from imports must continue to protect consumers.
Hassan Hammoud turned his late father's failing Kano tannery into a Nigerian conglomerate with 11,000 workers spanning leather, food, care products and beverages.
Aliko Dangote's Dangote Sugar has opened a N485.9 billion ($324 million) rights issue to strengthen its balance sheet and fund a major local-production drive.
Nigeria's Federal High Court ordered Mamuda Beverages to stop producing Pop Power Energy Drink after finding it copies the Fearless bottle design.
An Abuja court granted ex-Skye Bank chairman Tunde Ayeni N200 million bail on May 25, with conditions including property-owning sureties and a N15 billion bank guarantee.