Tag: Business News

GameStop launches $56bn bid for eBay, signals readiness for takeover

GameStop has made an unsolicited $56 billion offer to acquire eBay, in what is shaping up to be one of the most audacious takeover...

Nigeria’s national treasury eyes ₦6.8trn oil windfall as higher crude prices boost fiscal outlook

Nigeria’s national treasury is set to receive an additional ₦6.8 trillion in oil revenue, driven by rising global crude prices and ongoing economic reforms....

Pentagon accelerates AI push with classified deals involving seven tech giants

The Pentagon has signed agreements with seven leading artificial intelligence companies to deploy their technologies across classified military systems, marking a major escalation in...

Dangote Refinery begins direct jet fuel supply to Ethiopian Airlines in export expansion

Dangote Refinery has started direct aviation fuel deliveries to Ethiopian Airlines, marking a significant step in its push to become a major supplier of...

OPay taps Citi, Deutsche Bank, JPMorgan for $4bn U.S. IPO push

OPay has hired Citigroup, Deutsche Bank and JPMorgan Chase to lead its planned U.S. initial public offering, targeting a valuation of about $4 billion,...

BUA Cement, Presco lead Nigeria’s Q1 profitability rankings on strong earnings surge

BUA Cement and Presco Plc have emerged as the most profitable listed companies in Nigeria for the first quarter of 2026, underscoring strong earnings...

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