Tag: Hot News

Nigerian Exchange (NGX)
BusinessHot NewsMarkets

Nigerian stocks outshine South Korean tech as South Africa’s top fund pivots

Allan Gray favors Nigerian equities over Korean tech, tapping a 72 percent rally while warning of micro-cap liquidity traps on the NGX.

Omokolade Ajayi Omokolade Ajayi
Vitality boss Neville Koopowitz
BusinessExecutivesHot News

Vitality boss Neville Koopowitz offloads Discovery stake worth over $2.4 million

Vitality CEO Neville Koopowitz sells a $2.44 million stake in Discovery as the global insurer reports double-digit international profit growth.

Omokolade Ajayi Omokolade Ajayi
Jim Ovia, founder of Zenith Bank.
BusinessHot News

Nigerian banking titan Jim Ovia set to pocket $6.6 million Zenith Bank dividend

Jim Ovia will pocket a $6.6 million interim dividend from Zenith Bank after the lender raised its half-year shareholder payout to historic highs.

Omokolade Ajayi Omokolade Ajayi
Aspire Waterfall tower exterior
LuxuryBusinessLifestyle

South Africa’s new $38 million luxury hub sells out 76% before construction

Aspire Waterfall City sells 76% of its R624 million ($38 million) units before construction, proving strong demand for secure Gauteng luxury living.

Omokolade Ajayi Omokolade Ajayi
Airbus plans new Morocco plant
BusinessTechnology

Airbus plans new Morocco plant as aerospace exports target $5 billion

Morocco targets $5 billion in aerospace exports by 2029 as Airbus and global suppliers expand aircraft manufacturing in the country.

Oluwatosin Alao Oluwatosin Alao
Boipelo Lekubo
ExecutivesBusinessHot News

Boipelo Lekubo Harmony Gold’s finance boss bags $1.3 million in bold equity play

Boipelo Lekubo pocketed $1.34 million in an open-market share sale while reinvesting heavily into Harmony Gold equity, raising her total stake.

Omokolade Ajayi Omokolade Ajayi
Nigerian tycoon Kola Karim
BusinessHot News

Nigerian tycoon Kola Karim courts French investors to drive West African trade push

Nigerian tycoon Kola Karim courts French investors in Paris to finance cross-border trade, joint ventures, and West African infrastructure.

Omokolade Ajayi Omokolade Ajayi
I&M Group headquarters at 1 Park Avenue, Nairobi, Kenya.
BankingBusinessHot News

I&M Bank wins $5.5 million tax battle against Kenya Revenue Authority

I&M Bank wins a $5.5 million tax battle against Kenya Revenue Authority over bad debt provisions, securing relief for the East African lender.

Omokolade Ajayi Omokolade Ajayi
South African tycoon Mzi Khumalo
BusinessHot NewsMining

South African tycoon Mzi Khumalo may lose Zimbabwe gold mines over $70 million debt

South African tycoon Mzi Khumalo risks losing his Zimbabwean gold mines over an unpaid $70.3 million buyout debt as creditors circle.

Omokolade Ajayi Omokolade Ajayi
Sousse, Tunisia
TourismTravels

Sousse, Tunisia: A Mediterranean getaway of beaches, history and culture

Explore Sousse, Tunisia, where Mediterranean beaches, a UNESCO-listed Medina, traditional souks and ancient Roman ruins create a memorable holiday.

Oluwatosin Alao Oluwatosin Alao
Oluwatosin “Mr Eazi” Ajibade
Technology

Mr Eazi’s PawaPay wins Mozambique licence in push to grow across Africa

Mr Eazi-backed PawaPay secures a Mozambique licence, expanding to 24 African markets and targeting merchants across the mobile money sector.

Omokolade Ajayi Omokolade Ajayi
South African business leader Mteto Nyati
BusinessExecutivesHot News

South Africa must lead Africa’s commercial rise, Eskom chair Mteto Nyati says

Eskom chair Mteto Nyati urges South Africa to cut red tape and position itself as Africa’s top gateway for global multinationals seeking scale.

Omokolade Ajayi Omokolade Ajayi