Business

Tolaram To Acquire Diageo’s Shareholding In Guinness Nigeria

Tolaram plans to buy Diageo’s 58.02% shareholding in Guinness Nigeria Plc, with Diageo retaining ownership of the Guiness brand.

4 months ago

After 35 Years, Atedo Peterside Steps Down from Standard Bank Board

Following his retirement, Peterside announced he won’t seek re-election and will step down from the Standard Bank Group board committee.

4 months ago

Elon Musk Threatens To Ban Apple Devices If OpenAI Is Integrated At Operating System Level

"It's patently absurd that Apple isn't smart enough to make their own AI," Musk said in response to OpenAI integration.

4 months ago

IMF Reaches Staff Level Agreement With Kenya on $976m Facility, Urges Fiscal Consolidation

Kenya has secured a significant financial boost after reaching a staff-level agreement with the International Monetary Fund.

4 months ago

Singapore Airlines to Compensate Passengers After Turbulence Incident

Singapore Airlines has offered up to $25,000 in compensation to passengers who suffered serious injuries during a severe turbulence incident.

4 months ago

Coronation Merchant Bank Achieves Major Fitch Rating Upgrade From ‘CC’ To ‘B-’

Coronation Merchant Bank’s credit ratings significantly improved from ‘CC’ To ‘B-’, reflecting the bank’s strategic initiatives and resilient profitability.

4 months ago

Apple Unveils ‘Apple Intelligence’ AI Strategy, Integrating ChatGPT Across Apps

At Apple's developer conference, the company introduced its AI strategy, "Apple Intelligence," featuring the integration of ChatGPT into Siri.

4 months ago

Access Bank Completes Acquisition of BancABC Tanzania, Enhancing Pan-African Expansion

Access Bank has finalised acquisition, integrating BancABC Tanzania into its operations for enhanced African expansion and growth opportunities.

4 months ago

Wale Edun Advocates More Liquidity in Power Sector

Finance Minister Edun has highlighted liquidity as crucial for power sector performance in Senate Committee investigation on gas supply deal.

4 months ago

Afreximbank Supports Fidelity Bank With $40 Million To Acquire Union Bank UK

Afreximbank has disbursed $40 million to Fidelity Bank for the acquisition and recapitalisation of Union Bank UK.

4 months ago