Tag: billion

OPay, a Nigeria-focused digital financial services company, has listed on the New York Stock Exchange (NYSE), raising $304 million in its initial public offering...

Nigeria’s stock market extended its losing streak last week, as 55 listed companies recorded share price declines on the Nigerian Exchange Limited (NGX), amid...

Elon Musk has invested approximately $1 billion in the newly formed media company Skydance, according to a new report from Semafor. The news of...

Africa’s richest man and president/CEO of Dangote Industries Limited, Aliko Dangote, and Kenya’s President, William Ruto, are set to break ground on a $16...

Microsoft co-founder Bill Gates has warned that artificial intelligence could contribute to events causing up to one billion deaths if the technology falls into...

The Central Bank of Nigeria (CBN) has disowned a purported document claiming that Governor Yemi Cardoso approved a $46 billion developmental grant to an...

Dangote Refinery has completed the endorsement of the offer documents for its initial public offering, putting it on course to launch the $1.6 billion...

Dangote Refinery will open the order book for its initial public offering to retail investors on 14 September, effectively kickstarting the $1.5 billion public...

PZ Cussons Nigeria is ending a three-year lull in dividend payment to distribute N9.9 billion to shareholders as its retained earnings swung back to...

Femi Otedola, the chairman of First HoldCo Plc, acquired 147.7 million new shares in the banking group on Monday, taking his stake in the...