Aradel Holdings Plc, through its wholly-owned subsidiary, Aradel Energy Limited, has entered into a definitive agreement to acquire a 40 percent equity interest in ND Western Limited from Petrolin Trading Ltd.
Aradel Energy Limited currently owns 41.67 percent of ND...
"It means a whole lot. Naira and Rand have gained almost one percent since the news. It is now N1490 in the parallel market,” Bismarck Rewane, CEO of Financial Derivatives Company, said.
The FATF announced the delisting at its Plenary...
Nigeria and South Africa have reaffirmed commitments to transform their long-standing political and economic relationship into tangible development outcomes through joint projects and private-sector-driven initiatives.
This renewed momentum was highlighted at the South Africa–Nigeria Economic Diplomacy Roundtable held on Thursday,...
The European Commission, the executive arm of the European Union, said on Friday that it had preliminarily found both TikTok and Meta in breach of its transparency rules.
It accused the U.S. tech giants of breaching their obligation to give...
Nuli, a first-of-its-kind health-forward, fast-casual restaurant showcasing African superfoods and locally grown produce, officially opened its doors in the United States with a grand celebration at its first U.S. location inside The Square food hall, 1850 K Street NW, Washington D.C.
The grand opening...
The newly appointed President of the African Export-Import Bank (Afreximbank), George Elombi, has lauded the institution’s remarkable transformation, announcing that its total assets have surged to $40 billion, up from just $6 billion a decade ago.
Speaking at the Farewell...
