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Business Africa

CBN Widens Access to Open Market Operations as Nigeria Reworks Liquidity Management

The Central Bank of Nigeria (CBN) has widened access to its Open Market Operations (OMO), allowing a broader group of eligible investors to participate...

Paris Saint-German Retain UEFA Super Cup With 2-1 Win Over Aston Villa

Paris Saint-Germain retained the UEFA Super Cup after defeating Aston Villa 2-1 in Salzburg, Austria, strengthening their status as European champions at the start...

Chawinga Sisters Fire Malawi Into Historic WAFCON Final

Malawi have reached their first ever Women’s Africa Cup of Nations final after defeating Algeria 3 to 1 in the semi final in Rabat,...

Nigeria Weighs Crude Supply Reforms to Unlock Dangote Refinery’s Full Potential

Nigeria is considering reforms to its crude allocation and pricing policies to improve feedstock access for the 650,000 barrel per day Dangote Refinery, Africa’s...

Nigeria Approves Framework to Unlock $50 Billion Deepwater Oil Investment

Nigeria has approved a new regulatory and fiscal framework for deepwater oil and gas projects as President Bola Tinubu’s administration seeks to attract up...

Vodacom Names Khumo Shuenyane as New Chair

South African telecommunications group Vodacom has appointed Khumo Lesego Shuenyane as its next chairman, with the leadership transition scheduled to take effect on July...

Taylor Swift Wedding Dress Fever Puts Bridal Brands on High Alert

Taylor Swift’s closely guarded wedding dress is already influencing the bridal fashion industry, with designers and retailers preparing for a potential surge in demand...

Foxconn Profit Rises 35% as AI Demand Drives Second Quarter Growth

Taiwanese electronics manufacturer Foxconn, formally known as Hon Hai Precision Industry, reported a 35% year on year increase in second quarter net profit to...

FG and USDA Partner to Strengthen Nigeria’s Fisheries and Aquaculture Value Chain

The Federal Government of Nigeria is partnering with the United States Department of Agriculture (USDA) through its Food for Progress Programme to strengthen productivity,...

Cristiano Ronaldo Marries Georgina Rodríguez in Private Portugal Ceremony

Football superstar Cristiano Ronaldo has married his longtime partner, Georgina Rodríguez, in a private civil ceremony in Cascais, Portugal, marking a new chapter for...

Emirates NBD to Acquire HSBC Egypt’s Retail Banking Business in Regional Expansion

Emirates NBD has agreed to acquire the retail banking business of HSBC Bank Egypt through its wholly owned subsidiary, Emirates NBD Egypt, in a...

Eric Trump Expands Family’s Defence Portfolio With Space-Eyes Investment

Eric Trump has expanded the Trump family’s presence in the defence technology sector by becoming a major investor and strategic adviser to Space-Eyes, an...
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