Africa’s industrial conglomerate, Dangote Group, has sealed a $400 million equipment procurement pact with Chinese manufacturer Xuzhou Construction Machinery Group as part of an aggressive push to scale up its …
Telecommunications giant MTN Group has announced that the board of IHS Towers has accepted an offer of $8.50 per share in a deal that could see the operator raise its …
PalmPay has unveiled a new feature that allows users to request AfriGO payment cards directly within its mobile application, in a move aimed at widening access to card-based financial services …
Neimeth Pharmaceuticals Plc has called on the Federal Government to create pathways for pharmaceutical manufacturers to access long-term financing, saying the move is critical to sustaining investment in local drug …
The naira on Wednesday sustained its upward trend against the United States dollar across both official and parallel foreign exchange markets, reflecting continued currency stability. Latest data released by the …
Access Bank Plc’s proposed acquisition of South Africa’s Bidvest Bank has collapsed following regulatory hurdles, Vanguard has learnt. Although the Nigerian lender had reached an agreement to acquire the South …
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said the country’s net foreign reserves have risen to $49 billion, marking a strong and sustained recovery from …
Nigeria’s foreign exchange market has recorded a renewed divergence between the official exchange rate and the parallel market, marking the first significant widening of the gap in about three years. …
Africa’s technology ecosystem witnessed a clear strategic shift in 2025, as companies increasingly turned to mergers and acquisitions to drive growth, rather than relying on large funding rounds. Industry data …
Thousands of users of ChatGPT, the artificial intelligence chatbot developed by OpenAI, were left stranded yesterday after the platform experienced a widespread service outage that disrupted conversations and access across …