Oando Plc's Market Value Plunges to N600 Billion Amid Sell-Off

Oando Plc experienced a sharp decline in its market value following a fresh wave of sell-offs in the energy stock. This downturn has wiped out approximately 51% of its worth from its 52-week high on the Nigerian Exchange equities segment.

Comoros Joins Africa Finance Corporation to Boost Infrastructure Development

Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has welcomed the Union of Comoros as its 44th member country, underscoring growing support from more than three-quarters of Africa’s nations. This membership enables Comoros to explore strategic opportunities for advancing critical infrastructure projects.

Naira Slides Amid Intensifying FX Demand, Market Gap Narrows

The naira weakened against the US dollar in the foreign exchange market as rising demand for the greenback outpaced available supply.

.africa Domain Now Available on GoDaddy for Global Users

Registry Africa, the official operator of the .africa top-level domain (TLD), and GoDaddy, a global leader in domain registration and web services, have announced that the .africa domain is now accessible on www.GoDaddy.com. This milestone aims to enhance Africa’s digital presence while meeting the growing international demand for stronger connections with the continent.

African Filmmakers Drive Gender Empowerment Through Film and Leadership

As the world marks International Women’s Day this month, the film and television industry is emerging as a dynamic force for gender transformation and a powerful platform for empowering women. This is particularly evident in Africa, where women are increasingly taking on leadership roles within the sector.  

Meta Launches Llama Impact Grant to Empower African Startups and Researchers

Meta, in collaboration with Data Science Africa, has unveiled the Llama Impact Grant to support startups and researchers across Sub-Saharan Africa. As part of Meta's global Llama Impact Grants, this initiative seeks to foster innovative projects that utilise Llama, Meta's advanced open-source large language model, to create tailored solutions addressing regional challenges.

Insight Publicis Ends Partnership with Airtel Nigeria

Insight Publicis, a leading integrated marketing communications agency in Nigeria, has officially ended its partnership with Airtel Nigeria, effective immediately.

Google Replaces Google Assistant with Gemini in Major AI Overhaul

Google is officially phasing out its long-standing virtual assistant, Google Assistant, in favor of its next-generation AI initiative, Gemini. Announced in a blog post on Friday, the transition marks a major shift in the company’s AI strategy, with a broader rollout of Gemini expected for more users in the coming months.

Coco Gauff and New Balance Introduce Coco Delray Tennis Shoe

Following the success of her first two signature models, Coco Gauff and New Balance have unveiled the Coco Delray, a tennis shoe crafted for everyday players at all skill levels.

AMCON Struggles with Recovering Over N4trn in Outstanding Debt

The Asset Management Corporation of Nigeria (AMCON) has highlighted the significant difficulties it faces in recovering outstanding debts, as some debtors remain unwilling to pay.

Ajax and adidas Unveil Vintage-Inspired 125th Anniversary Collection

Marking 125 years of Ajax’s footballing legacy, adidas and the club have unveiled a timeless anniversary collection.

NGX Index Drops 0.25% as Tantalizer, Jaiz Bank, Neimeth Lead Decliners

Trading on Nigeria’s stock market ended in the red on Friday, as key performance indices dipped by 0.25 per cent.

UEFA and Clubs Partner with Relevent for Global Commercial Rights

Relevent Sports has secured a groundbreaking deal to manage commercial rights for the UEFA Champions League and other top European men’s club soccer competitions from the 2027-28 season through 2032-33.