company news

Elon Musk has decided to withdraw his lawsuit against OpenAI and its co-founders, Sam Altman and Greg Brockman. This decision...

Toyota Motor Corporation, Japan's largest automaker, experienced a significant market downturn last week, losing over 5.4% of its share value...

Oando Plc, a prominent indigenous energy company, has disclosed its successful involvement in the Project Gazelle financing deal with a...

Pan-African pay-TV operator Multichoice has reported significant financial challenges, revealing a $190.5 million (R3.6 billion) foreign exchange loss from its...

In a significant financial development, First Bank has successfully recovered a substantial N456 billion loan from Heritage Bank. This repayment...

The Nigeria Deposit Insurance Corporation (NDIC) has taken decisive action by initiating the liquidation process for Heritage Bank Plc. This...

Alphabet, the parent company of Google, has initiated layoffs affecting its cloud unit, a segment that has been experiencing rapid...

The Dangote Refinery, a flagship project of Africa's richest man, Aliko Dangote, is set to explore a dual listing on...

Elon Musk's artificial intelligence startup xAI has successfully raised $6 billion in its series B funding round, catapulting its post-money...

Airtel Africa is set to launch its mobile money unit, Airtel Money, in an initial public offering (IPO) in 2025...