Chipper Cash, Africa’s fintech company, has succeeded in laying off 15 employees in what the company calls the fourth round of layoffs in 2023. This announcement occurred six months ago when the fir...
Dr Temitope Fasoranti, an executive director of Zenith Bank Plc, is said to have reportedly bought a total of 1.7 million units of Zenith Bank shares.This was revealed in a corporate notice signed by ...
On Monday, Fox Petroleum Group announced that for the next three years, it will fund $7.5 billion into the Nigerian National Petroleum Company Limited (NNPCL) to boost oil production in the upst...
Oppenheimer, a South African billionaire family has completed acquisition of one of Nigeria's biggest can makers, GZ Industries Ltd.The transaction was completed by Jonathan Oppenheimer, who is suppos...
OPEC has partially settled the dispute that occurred some weeks back as some top oil-producing countries (Nigeria and Angola) clamoured for an increase in their production quota in 2024. Ye...
Nigeria and Angola, the two largest crude oil producers, have opposed the reduction in their crude oil production quotas by the Organization of Petroleum Exporting Countries (OPEC).According to delega...
On Wednesday, Members of the OPEC+ producer in Africa Angola and Nigeria disclosed that they are planning on increasing the oil output for next year. However, the meeting to talk about next year’s p...
Amperion Power Distribution Company Limited, the majority shareholder in Geregu Power Plc, offloaded a million units of its holdings on Monday, 21, 2023, in what it calls a cross-deal stock sale.A cor...
Last week, Sam Altman, the CEO/co-founder of OpenAI, was sacked after board members concluded that the CEO and some other top chiefs would have to resign from their positions following some internal c...
The Court of Appeal today in Abuja nullified the election of the Governor of Kano State, Abba Kabir Yusuf. The verdict was acted upon by a three-member panel of justices that disclosed that Abba Kabir...