Microsoft beat analysts’ expectations in its latest quarterly report, saying Wednesday that the results were partly driven by its cloud and artificial intelligence divisions. The tech giant reported $90 billion…
Billionaire Femi Otedola, on Thursday, gave a further boost to his investment in First HoldCo Plc after a related firm acquired 1.77 billion ordinary shares valued at ₦222,208,962,502.4 in a…
Oil prices jumped more than three percent in early Asian trade on Wednesday after the US military said it had intercepted multiple missiles launched by Iran. At around 0015 GMT,…
Italian energy giant ENI said Wednesday that its profit rose fivefold in the second quarter, the latest energy company to benefit from oil prices soaring during conflict in the Middle…
Premium carmaker BMW is to offer almost half its German staff voluntary redundancy in a bid to cut 8,000 jobs by the end of 2027, a company source told AFP…
African startups are looking beyond fintech for the next phase of growth as artificial intelligence emerges as a critical technology shaping the continent’s innovation landscape, according to venture capital firm…
Moniepoint has disclosed that it disbursed more than $700m in loans to micro, small and medium‑sized enterprises in 2025, with three out of every four borrowers receiving their first formal…
FCMB Group Plc nearly doubled its profit before tax in the first half of 2026, posting a 99 per cent increase to N157.3bn as stronger lending income, an improved deposit…
The Dangote Group has proposed the construction of a petroleum products storage terminal in Cameroon as it seeks to strengthen the regional distribution network of its 650,000-barrel-per-day Lekki refinery and…
Oil prices rose sharply on Wednesday as fresh US strikes triggered air defences in Iran, while stocks in Asia gave up earlier gains and inched higher in Europe. Brent crude…
