UK Court of Appeal clarifies ‘good arguable case’ standard for freezing injunctions
Landmark ruling provides consistency for international asset-freezing orders.
Isabel dos Santos condemns Angolan legal actions as politically motivated
Angolan authorities pursue charges; dos Santos claims political agenda.
Blackstone and Vista Equity acquire Smartsheet in $8.4-billion enterprise software deal
Blackstone and Vista Equity’s $8.4-billion acquisition of Smartsheet highlights booming demand for enterprise collaboration tools.
High Court blocks DCI raids on SK Macharia’s properties amid Directline Assurance dispute
SK Macharia halts DCI raids in court battle over Directline Assurance’s dissolution amid industry concerns.
Globacom names telecom expert Ahmad Farroukh as CEO to drive operational reform
Ahmad Farroukh steps in as Globacom's CEO to lead critical reforms and address urgent subscriber challenges.
UBA pursues $143.6-million rights issue for African expansion
UBA seeks $143.6 million in new capital to drive expansion across Africa.
Moniepoint appoints former Stanbic IBTC CFO Bayo Olujobi to drive African expansion with $110-million boost
Moniepoint hires ex-Stanbic IBTC CFO Bayo Olujobi to lead expansion as it accelerates growth across Africa following a $110-million funding boost.
Patrice Motsepe faces $195-million lawsuit in Tanzania over alleged breach of contract
South African billionaire Patrice Motsepe faces a $195-million lawsuit in Tanzania over allegations of breaching a non-compete agreement, a case that could set a legal precedent for the country's mining sector.
Oando Plc reports profit decline despite revenue surge, citing operational setbacks
Oando Plc reports a 44-percent profit decline despite a 51-percent revenue surge, attributing the drop to operational setbacks, rising costs, and concerns flagged by independent auditors.
MTN Nigeria aims for $30.4-million commercial paper issuance to boost liquidity amid naira devaluation and rising costs
MTN Nigeria plans to raise $30.4 million through commercial paper issuance to strengthen liquidity amid naira devaluation and rising operational costs.
Access Holdings' earnings surge to $2.07-billion, driven by interest income and strategic expansion
Access Holdings reports a remarkable $2.07 billion in earnings for the first nine months of 2024, driven by strong interest income and strategic expansion across its banking and non-banking subsidiaries
South African billionaire Wendy Ackerman honored as 2024 Hall of Femme inductee by IWFSA
Wendy Ackerman, co-founder of Pick 'n Pay, has been honored as a 2024 Hall of Femme inductee by IWFSA, recognizing her outstanding contributions to business and societal development in South Africa.
Heirs Energies pledges to advance sustainable energy at African Energy Week 2024
Heirs Energies is set to drive sustainable energy solutions at African Energy Week 2024, aligning with Tony Elumelu’s vision for transforming Africa’s energy sector.
Fresh petition stalls Stella Oduah's N7.9-billion fraud arraignment for the sixth time
The fraud arraignment of former Aviation Minister, Stella Oduah has been delayed for the sixth time due to a fresh petition filed by co-defendants, calling for a review of the charges.
Oando commits to driving Nigeria’s energy future with sustainable solutions
Oando Group pledges to drive Nigeria’s energy future through sustainable solutions, with major projects like Okpai leading the way.
Top five companies led by Egyptian billionaire Mohamed Mansour
Mohamed Mansour, through his leadership of Mansour Group and various strategic ventures, has built a global business empire spanning industries such as automotive, heavy machinery, food services, and sports.