Nedbank Corporate and Investment Banking has structured an R8.5 billion funding package for the Anthem Group, supporting one of the…
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NNPC Tells Court Dangote Petrol Is ‘Too Expensive’ — Says Fuel Imports Must Continue
Nigeria's NNPC told a court that Dangote petrol is too expensive and that fuel imports must continue — a striking…
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Standard Bank Tops R517 Billion — Overtakes Capitec And FirstRand To Become SA’s Most Valuable Lender
Standard Bank has overtaken Capitec and FirstRand by market valuation, reaching R517 billion — the most valuable bank on the…
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BP Removes Chairman Albert Manifold Over Governance, Oversight And Conduct Concerns
Energy giant BP Plc's board has removed Chairman Albert Manifold from his role immediately, citing significant concerns about governance standards,…
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Nigeria’s Stock Market Up 61% This Year As S&P Upgrades Seven Banks
Nigeria's NGX All-Share Index has extended its year-to-date advance to 61.4%, underpinned by broad participation and improving sentiment after S&P…
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UAE Officially Departs OPEC — The Cartel Loses Its Third-Largest Producer
The United Arab Emirates, the third-largest producer within OPEC, officially departed the organization effective 1 May 2026 — a major…
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Microsoft’s 2026 Capital Spending To Hit $190 Billion As AI Memory Prices Bite
Microsoft says it now expects total 2026 capital expenditure to reach about $190 billion, with $25 billion of the increase…
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Oil Falls And Global Stocks Rise On Optimism Over A US-Iran Ceasefire Deal
Oil prices fell and global stocks rose as the US and Iran moved toward a framework extending their ceasefire by…
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Naguib Sawiris Backs New Pan-African Mining Venture Targeting Gold And Critical Minerals
Egyptian billionaire Naguib Sawiris is backing a new pan-African mining venture targeting gold and critical minerals, betting on the continent's…
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Dangote Refinery IPO To Prioritise Retail Investors As Otedola Pumps In $100 Million
Aliko Dangote says the Dangote Petroleum Refinery IPO will give priority to retail investors, as Nigeria's pension regulator cleared pension…
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