Emerald HoldCo B.V. has launched a mandatory takeover offer to acquire up to 11,741,509 ordinary shares of Beta Glass Plc at ₦590.94 per share, following its acquisition of a controlling…
Nigerias Private Sector Extends Six-Month Growth Streak Amid Rising Cost Pressures
Nigeria’s private sector growth continued in June, marking six consecutive months of expansion despite ongoing challenges such as high operating costs, insecurity, and limited access to finance, according to the…
Binances Stock Trading Business Hits $1 Billion in Assets Under Management
Binance has achieved a major milestone in its expansion beyond cryptocurrency, with its stock trading business surpassing $1 billion in assets under management (AUM) within just one month of launching….
Dangote Announces $46 Billion Investment to Expand Refining Capacity to 2.1 Million Barrels Per Day
Dangote Industries Limited has announced a massive $46 billion investment plan across its refining, cement, and fertiliser operations over the next three years, aiming to boost industrial production and strengthen…
CAP Plc Appoints Jethro Iruobe as Executive Director and New Company Secretary
Chemical and Allied Products Plc (CAP Plc), a subsidiary of UAC of Nigeria Plc, has announced significant leadership changes, including the appointment of Jethro Iruobe as Executive Director and Olutola…
SpaceX Raises $25 Billion in Debt Offering Following Landmark IPO
Proceeds from the bond issuance will support critical initiatives, including the continued rollout of the Starlink satellite network, which provides high-speed internet to remote and underserved regions. The funding will…
Deap Capital Rebrands as Critical Minerals Financing Corp., Relocates Headquarters to Victoria Island
Aradel Holdings Reports ₦757.3 Billion Profit After Tax, Proposes ₦33 Per Share Dividend
Aradel Holdings Plc has delivered a record-breaking financial performance for the 2025 financial year, reporting a profit after tax of ₦757.3 billion—a staggering 192 percent increase from ₦259.1 billion in…
VFD Group Appoints Azeez Adetayo as Acting CFO Amid Leadership Transition
VFD Group Plc has appointed Mr. Azeez Adetayo, FCA, as its Acting Chief Financial Officer (CFO), marking a significant leadership change within the company’s finance department. The appointment, which took…