News

The Federal Executive Council (FEC) has approved a N19.76 trillion 2023 budget proposal for presentation to the National Assembly on Friday by President Muhammadu Buhari. Femi Adesina, special assistant to …

South Africa has submitted to some of the world’s richest nations a revised plan for how it will spend a proposed $8.5 billion to help it transition away from coal, …

Google on Wednesday announced its intent to establish a new Google Cloud region in South Africa – its first on the continent. This was made known at the second Google …

The Nigerian National Petroleum Company (NNPC)Limited on Tuesday said it has deactivated 395 illegal refineries in its efforts to curb oil theft in Nigeria. Mele Kyari, Group Managing Director, NNPCL, …

Access Holdings Plc, trading as Access Corporation, on Tuesday announced its planned acquisition of majority equity stake in Angola-based Finibanco S.A by Access Bank Plc. Sunday Ekwochi, Company Secretary of …

Elon Musk is offering to proceed with his purchase of Twitter at its original price of $54.20 per share. In a letter to the firm, Mr Musk agreed to pay the price he offered …

The Nigerian National Petroleum Company (NNPC) Limited on Tuesday declared a profit after tax of N674bn. The Group Chief Executive Officer of NNPC, Mele Kyari, in Abuja said the NNPC …

Oceana, South Africa’s Fishing group will be selling its commercial cold storage (CCS) business to a consortium of investors in a R760 million deal, a transaction that it says will …

South African retailer Massmart said on Wednesday that it had begun staff consultations about closing its Game stores in East and West Africa, after efforts to find domestic buyers for the stores failed. Massmart Chief Executive Officer …

Absa Bank Ghana has announced a ¢2.5 million grant to support businesses in the Fintech and Agritech industry. The initiative is part of the Absa Young Africa Works programme, in …