High Liner Foods to be bought by Umios in deal valued at $804M

High Liner Foods is set to be acquired by Umios in a transaction valued at $804 million.

High Liner Foods to be bought by Umios in deal valued at $804M
Business secretary writes to Poundland owner as administration fears build

The UK's Business Secretary has contacted the owner of Poundland amid growing concerns about the company's potential administration.

Business secretary writes to Poundland owner as administration fears build
MTN advises Nigerians to manage data as Tinubu's harsh policies bite harder

MTN has cautioned its Nigerian customers to manage their data usage in response to the economic impact of President Tinubu's policies.

MTN advises Nigerians to manage data as Tinubu's harsh policies bite harder
Relief for Nigerian traders as 21 states pass Laws to end multiple taxes, illegal Levies

In a move expected to ease the burden on traders, 21 Nigerian states have passed harmonized tax laws aimed at eliminating multiple and illegal levies.

Relief for Nigerian traders as 21 states pass Laws to end multiple taxes, illegal Levies
Microsoft gives voluntary buyout offer to about 60,000 employees

Microsoft has extended a voluntary buyout offer to approximately 60,000 of its employees globally.

Microsoft gives voluntary buyout offer to about 60,000 employees
Transcorp Group delivers ₦111.4 billion profit before tax in 9m 2026, expands margins and strengthens balance sheet

Transcorp Group announced a profit before tax of ₦111.4 billion for the first nine months of 2026, indicating improved margins and a stronger balance sheet.

Transcorp Group delivers ₦111.4 billion profit before tax in 9m 2026, expands margins and strengthens balance sheet
TotalEnergies, Eni sell Nigeria oil assets to Vaaris, Apex

Energy giants TotalEnergies and Eni have divested their oil assets in Nigeria, selling them to Vaaris and Apex.

TotalEnergies, Eni sell Nigeria oil assets to Vaaris, Apex
Fed holds interest rates steady in last decision before midterms

The US Federal Reserve has decided to maintain current interest rates, keeping them steady in its final policy meeting before the midterm elections.

Fed holds interest rates steady in last decision before midterms
Neveah repays ₦23.33bn Commercial Paper debt, strengthens investor confidence

Neveah Limited has successfully repaid ₦23.33 billion across five commercial paper series, signaling strengthened investor confidence and paving the way for further expansion.

Neveah repays ₦23.33bn Commercial Paper debt, strengthens investor confidence
FG unveils economic policy framework, targets policy consistency and investor confidence

The Nigerian Federal Government has launched a new economic policy framework aimed at fostering policy consistency and boosting investor confidence.

FG unveils economic policy framework, targets policy consistency and investor confidence
UBA intensifies N61billion loan recovery drive, seeks jail term for WEMPCO directors

United Bank for Africa (UBA) is aggressively pursuing the recovery of N61 billion in loans and is seeking jail sentences for directors of WEMPCO.

UBA intensifies N61billion loan recovery drive, seeks jail term for WEMPCO directors
FG adds 640MW transmission capacity in Kano, Katsina with six substations

The Federal Government has boosted Nigeria's electricity transmission capacity by 640MW through the commissioning of six substations in Kano and Katsina states.

FG adds 640MW transmission capacity in Kano, Katsina with six substations
Dangote, Nigeria's tycoon rewriting Africa's oil story

Alhaji Aliko Dangote, Nigeria's prominent businessman, is reportedly reshaping the narrative of the oil industry in Africa.

Dangote, Nigeria's tycoon rewriting Africa's oil story
CBN insists on January deadline for banks to localise payment data

The Central Bank of Nigeria (CBN) has reiterated its firm stance on the January 1, 2027 deadline for banks and other regulated financial institutions to localize critical payment transaction data.

CBN insists on January deadline for banks to localise payment data
WestJet signs code-share partnership deal with Qatar Airways

WestJet has announced a new code-share partnership agreement with Qatar Airways, expanding its network and offerings.

WestJet signs code-share partnership deal with Qatar Airways
Cooking gas price: Nigerians face fresh increase as cost hits N1,400 per kg

The price of cooking gas in Nigeria has seen a significant increase, reaching N1,400 per kilogram, prompting concerns among consumers.

Cooking gas price: Nigerians face fresh increase as cost hits N1,400 per kg
Tax Ombud takes complaint services to grassroots

The Tax Ombudsman has expanded its services by taking complaint resolution initiatives to the grassroots level across Nigeria.

Tax Ombud takes complaint services to grassroots
Local petrol output exceeds 12bn litres, imports hit 7.67bn Litres in 13 months

Nigeria's local petrol production has surpassed 12 billion litres, while imports reached 7.67 billion litres over a 13-month period.

Local petrol output exceeds 12bn litres, imports hit 7.67bn Litres in 13 months
Anthropic files for potentially biggest IPO ever, even as CEO warns of AI risks to humanity

Artificial intelligence company Anthropic is reportedly preparing for what could be the largest Initial Public Offering (IPO) in history, despite its CEO raising concerns about the existential risks of AI.

Anthropic files for potentially biggest IPO ever, even as CEO warns of AI risks to humanity
Toblerone owner sues British vegan chocolate brand over chunky shape

Mondelez International, the owner of Toblerone, has initiated legal action against a British vegan chocolate brand, alleging infringement over a chunky shape design.

Toblerone owner sues British vegan chocolate brand over chunky shape
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