By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – Oracle has launched an offering of $10 billion of new common stock alongside a separate $10 billion sale of …
Radarr Africa Business Desk
Radarr Africa Business Desk
The Radarr Africa Business Desk reports daily on companies, markets, banking, energy, technology and policy across Nigeria and Africa. Stories are reviewed and edited by The Radarr Africa Editorial Team in Lagos. Story tips and corrections: business@radarr.africa.
- InternationalInternational Affairs
Wall Street ends mixed as Nasdaq drops 1.07% and oil slides on Iran talks hopes
By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – US stocks ended mixed on Monday, with the Dow Jones Industrial Average higher and the Nasdaq lower, as technology …
- InternationalInternational AffairsInternational Business
Apple posts record September-quarter revenue of $114.5 billion, but shares slip
By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – Apple reported record revenue of $114.5 billion for its fiscal fourth quarter, up 12 per cent from a year …
By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – Marvell Technology has agreed to acquire Lumentum Holdings in an all-stock deal under which each Lumentum share will convert …
By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – The Democratic Republic of the Congo has been removed from the Financial Action Task Force (FATF) grey list, ending …
- AfricaAFRICA NEWSAfrican AffairsAfrican EconomyRwandaSouth Africa
US to strip South Africa and Rwanda of AGOA duty-free access from January 2027
By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – The United States has announced that South Africa and Rwanda will lose duty-free access to the US market under …
- AfricaAfrica EconomyAFRICA NEWSAfrican AffairsNews
ArcelorMittal Liberia sets sights on 40 more years as iron ore exports set to quadruple
By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – ArcelorMittal Liberia plans to keep operating in Liberia for roughly four more decades or longer, and expects annual iron …
- BusinessBusiness & MarketsBusiness and EconomyBusiness Growth
Dangote Refinery receives record 735,000 barrels of crude a day in October
By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – Crude deliveries to the Dangote Refinery in Lekki reached a record 735,000 barrels a day in October, the second …
- AfricaAfrica EconomyAFRICA NEWSUncategorized
UK’s BII earmarks $3 billion for Africa’s frontier markets
By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – British International Investment (BII), the United Kingdom’s development finance institution, plans to commit about £2.25 billion ($3 billion) over …
- BusinessBusiness & Markets
Flutterwave writes off Cyprus payments investment after central bank objection
By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – Flutterwave’s British subsidiary has written off its entire investment in Cyprus-registered payment provider Netinfopay Ltd after an objection from …