Jumia ramps up strategy to counter Chinese rivals Temu, Shein amid investor pressure
Africa’s e-commerce giant, Jumia, said it is reshaping its business strategy…
Dangote refinery to begin free fuel distribution August 15 as tanker drivers threaten strike
The Dangote Petroleum Refinery has announced plans to begin a nationwide…
Access Bank acquires Standard Chartered Bank Gambia
After operating for 130 years, Standard Chartered Bank had ceased to…
Nigeria’s oil production falls to 1.45m bpd in May 2025 – NUPRC
Nigeria's oil production dropped to 1,452,941 barrels of oil per day (bpd)…
Fitch upgrades Wema Bank’s National Rating to A–(nga), outlook raised to positive
Global credit rating agency Fitch Ratings has upgraded Wema Bank’s National…
No final decision on $5bn oil-backed loan from Saudi Aramco — FG
The Federal Government, yesterday, said no final decision has been taken…
Oshiomhole accuses Air Peace of racketeering, denies disrupting flight operations
Adams Oshiomhole, senator representing Edo north, has denied claims by Air…
UK firm, Baillie Gifford, exits Jumia amid mounting losses
British investment firm Baillie Gifford, once Jumia’s largest institutional backer, has…
SEC directs companies to pay dividends older than 12 years
The Securities and Exchange Commission (SEC) has issued a directive instructing…
Aramco’s $5bn oil-backed loan to Nigeria delayed over crude price slump – Report
Nigeria and Aramco, Saudi Arabian state-owned oil company, are facing difficulties…
