Chinese tech giant Baidu has officially terminated its planned $3.6 billion acquisition of livestreaming platform YY Live. The deal, announced in 2020, failed to secure required...
French media powerhouse Canal+ has completed its acquisition of MultiChoice Group, taking full ownership of the pan-African pay-TV giant in a $3 billion deal. Following regulatory...
Moody’s has revised the outlook on Ecobank Transnational Incorporated (ETI) to stable, citing the group’s improved financial performance and reduced risk exposure. In its latest review,...
Oando Plc has announced plans to raise up to ₦500 billion through a combination of fresh equity issuance and debt conversion strategies, as part of its...
Fitch Ratings has reaffirmed Ecobank Nigeria’s Long-Term Issuer Default Rating at ‘CCC’ but revised its assessment of the bank’s financial health downward. The global credit rating...
The Securities and Exchange Commission (SEC) says Nigeria can unlock $500 billion in value by transforming untapped agricultural and mineral resources into tradable financial instruments. This...
Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC), is set to deliver the keynote address at the upcoming half-year economic review hosted by...
Foremost Capital Limited has announced that it now manages over ₦60 billion in assets just half a year after launching operations. The firm, licensed by Nigeria’s...
A High Court in Abuja has frozen bank accounts belonging to TAK Logistics Limited, TAK Agro PLC, and their director, Thomas Etuh, over an unpaid loan...
First HoldCo Plc has rejected recent reports suggesting that a massive ₦323.4 billion block trade of its shares was connected to a takeover or government-backed acquisition....