Tag: Hot News

Portside Tower
BusinessHot News

Surging oil prices put South Africa’s fragile recovery at risk

Brent above $100 raises inflation and growth risks for South Africa as…

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Pareto secures full control of Sandton Convention Centre after Southern Sun exits $66 million deal

Pareto secures full ownership of Sandton Convention Centre and two hotels after…

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Nigerian billionaire Tony Elumelu backs President Tinubu on youth, power reforms

Tony Elumelu meets President Tinubu, supporting youth entrepreneurship, power sector reforms, and…

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Abdul Samad Rabiu’s son, Khalifa, takes leadership role at BUA Foods

Khalifa Rabiu joins BUA Foods as Chief Officer, driving global procurement, supply…

Omokolade Ajayi Omokolade Ajayi
FirstRand
BusinessHot News

FirstRand tops Capitec to become Africa’s most valuable bank

With a market cap of $22.9 billion, FirstRand overtakes Capitec as Africa’s…

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Nigeria’s NNPC moves closer to landmark IPO, but timeline unclear

The move aligns with Nigeria’s Petroleum Industry Act (PIA) of 2021, which…

Omokolade Ajayi Omokolade Ajayi
Naspers
Hot NewsTechnology

Naspers, Africa’s most valuable company, hits $44.3 billion market cap

The global consumer internet giant has added $4.76 billion in value since…

Omokolade Ajayi Omokolade Ajayi
Oba Okunade Sijuwade, the 50th Ooni of Ife
BusinessExclusive

Sijuwade royal family of Ife, one of Africa’s wealthiest, eyes first oil from one of its oil blocks

Today, the Sijuwade Group holds a 10 percent stake in OPL 276,…

Omokolade Ajayi Omokolade Ajayi
Centre Point
Hot NewsLuxury

$100 million skyscraper built by Nigeria’s richest woman

Located at the corner of Alfred Rewane (Kingsway) Road, Centre Point is…

Omokolade Ajayi Omokolade Ajayi
NMB Bank Plc
BusinessHot News

Tanzania’s biggest bank, NMB, sees $100 million market value increase in first 25 days of 2025

NMB’s broad footprint in Tanzania, with 231 branches, 715 ATMs, and 7.1…

Omokolade Ajayi Omokolade Ajayi
Naspers
BusinessHot NewsTechnology

U.S. blacklist of China’s gaming giant wipes out $3.8 billion from Africa’s most valuable company

This decline reflects a ripple effect from Tencent’s own struggles, with the…

Omokolade Ajayi Omokolade Ajayi
Tems
EntertainmentHot News

Nigerian superstar musician Tems’ “Wait for U” with Drake, Future nears 1 billion Spotify streams

The song, a collaboration with American rapper Future and Canadian rapper Drake,…

Omokolade Ajayi Omokolade Ajayi