Tech giant Apple’s run as a $3 trillion stock which proved fleeting with its grip on a $2 trillion market value is looking wobbly, too. After briefly surpassing $3 trillion …
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Nestlé Nigeria Plc has inducted additional 50 beneficiaries into its women empowerment initiative with the launch of the fourth phase of the Nestlé Empowering Rural Women in Nigeria Project in …
- AfricaDangote IndustriesNigeriaWestern Africa
Dangote Cement: Shareholders approve 25% dividend increase
Dangote Cement Plc shareholders on Tuesday approved 25 per cent increase in dividend payouts amid commendations for the board and management of the cement giant. Shareholders unanimously approved 25 per …
MultiChoice, Africa’s leading entertainment company is looking to spend half its content investment on African-made shows with local actors and producers within the next two years. The aim by Africa’s …
Electric vehicle maker Tesla Inc on Friday proposed a three-to-one stock split, making its shares more affordable following recent sell-offs of the most valuable automaker. The company also said Oracle …
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Access Bank acquires Kenya lender, Sidian Bank, with N15 billion
Access Bank Plc has paid a sum of N15 billion to acquire Kenyan lender, Sidian Bank Ltd, owned by Centum Investment Plc. The acquisition amounts to 83.4% equity ownership stake …
- Access BankBanking, Finance & InvestmentEastern AfricaKenyaWestern Africa
Access Bank acquire $37 million stake in Kenya’s Sidian Bank
Access Bank has brokered a deal with the investment firm Centum Investment Plc to procure the 83.4 per cent interest the latter holds in Nairobi based lender Sidian Bank making …
Amazon.com Inc. veteran executive Dave Clark, who oversaw the consumer business that includes the online retail operation, is stepping down. “To all I’ve had the honor of working with: thank …
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9mobile sets to launch ‘The Hack’ to groom entrepreneurs
Leading telecommunications company, 9mobile is set to hold the first edition of its mentorship program, ‘The Hack’. The Hack is a platform created to support and promote entrepreneurs in the …
- Banking, Finance & InvestmentUncategorizedWestern AfricaZenith Bank
Police Seals Zenith Bank Branches In Owerri Imo
All the branches of Zenith Bank in Owerri in Imo State have been sealed by policemen, following a court judgment against the bank. The development which rendered staff members and …