Uber to acquire Delivery Hero in £12.7bn deal
Uber has agreed to acquire German food delivery company Delivery Hero for €12.7 billion ($14.6 billion), marking one of the largest deals in the global food delivery industry.
Category : Corporate News
EU Orders Google to Share Android Search Data with Rivals
The European Union has mandated Google to share Android features and search data with competitors, a landmark antitrust ruling aimed at fostering competition in the digital market.
Globacom Rewards 115 Top Dealers with Cash, Cars at Gala
Globacom honoured 115 top-performing business partners with millions in cash, brand-new vehicles, and prizes at the 2026 Glo Partners' Reward Gala in Lagos, reaffirming commitment to rewarding excellence and loyalty.
NGX Sees N32.73 Billion in Major Deals Led by First HoldCo
The Nigerian Exchange recorded N32.73 billion in major deals on July 15, 2026, with First HoldCo and Seplat dominating trading activity.
Nigeria, Hong Kong Sign Double Taxation Treaty
Nigeria and Hong Kong signed a double taxation agreement to eliminate double taxation, boost trade, and enhance investment flows between both jurisdictions.
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Globacom Rewards Top Partners with Cars at 2026 Glo Dealers' Award
Globacom awarded brand-new cars and premium prizes to top-performing dealers at the 2026 Glo Dealers' Award Ceremony, with Demi Global Resources winning a 2026 Toyota Camry.
Infinix HOT 70 Pro Campus Storm Draws Thousands at UNILAG
Thousands of students from UNILAG and other institutions gathered for the Infinix HOT 70 Pro Campus Storm, featuring Qing Madi's first official appearance as brand ambassador.
Jaiz Bank Director Appointed NEPZA Board Chairman
Muhammad Hadi Mutallab, a Jaiz Bank director, has been appointed Chairman of the Nigeria Export Processing Zones Authority board by President Bola Tinubu.
Ovaloop: Tools Nigerian Retailers Actually Need
Nigerian startup Ovaloop is developing tailored inventory and payment tools for small retailers, addressing critical gaps in the retail sector.
Anti-Financial Crime Summit 2026: Banking leaders unite against fraud
Over 160 banking executives and regulators gathered in Lagos for the Anti-Financial Crime Summit 2026, hosted by CWG Plc and Clari5, to discuss AI-driven fraud prevention and AML defence.
HBM Nigeria Changes NGX Trading Symbol to HBMNG
HBM Nigeria has changed its trading symbol on the Nigerian Exchange from WAPCO to HBMNG, effective July 13, 2026, reflecting its new corporate identity.
Dangote Refinery Gains $4.86B from Middle East Crisis
Aliko Dangote's wealth surged by $4.86 billion in 2026 as his refinery benefits from Middle East tensions, with plans for a $50 billion NGX listing and capacity expansion to 1.4 million bpd by 2028.
MKH Properties Completes Dariann Court Handover, Offers Final Units
MKH Properties has completed the handover of Dariann Court in Abuja, with final units now available from ₦160 million, marking a milestone in luxury real estate delivery.
Why Your Business Needs a Power-as-a-Service Model
Power-as-a-Service (PaaS) offers Nigerian businesses reliable electricity without upfront costs, reducing downtime and operational risks.
Netflix to Launch 24/7 Live TV Channels, Challenging DStv
Netflix plans 24/7 live TV channels to boost engagement and compete with DStv, GOtv, and free streaming platforms, potentially reshaping the streaming landscape.
Top 10 US Companies Sponsoring H-1B Visas for Nigerians in 2026
Google, Amazon, and Microsoft lead H-1B sponsors for Nigerians in 2026. Discover top US companies filing thousands of visa petitions for skilled professionals.
Canal+ Acquires MultiChoice, Forms Global Media Group
Canal+ has completed its acquisition of MultiChoice, making the African pay-TV operator a subsidiary of the French media group, which now operates in 70 countries.
Sterling Holdco appoints Olubisi Makoju independent director
Sterling Financial Holdings appoints Olubisi Makoju as Independent Non-Executive Director of Holdco and Olayinka Oni as Non-Executive Director of Sterling Bank, approved by CBN.
Canal+ Completes MultiChoice Takeover, DStv Now Subsidiary
French media giant Canal+ has finalized its acquisition of MultiChoice, making DStv, GOtv, and Showmax part of a global group operating in 70 countries, reshaping Africa's media landscape.
Access Holdings Vests Over 200 Million Shares in 77 Employees
Access Holdings Plc has vested over 200 million shares in 77 employees under its equity-based compensation plan, with CEO Agbede emerging as the largest beneficiary.
Nigeria Food Service Industry Hits $11.09 Billion on Digital Payments
Moniepoint reports Nigeria's food service industry reached $11.09 billion in 2023, driven by a surge in digital payment adoption and fintech innovation.
Premium Pension, Trustfund Pensions Merge into New Entity
Premium Pension and Trustfund Pensions merge to create Premium Trustfund Pensions Limited, managing nearly N3.08 trillion in assets, becoming Nigeria's third-largest PFA ahead of PenCom's recapitalisation deadline.
GTBank Deploys 200,000 PoS Terminals, Removes Processing Fees
GTBank launches 200,000 new PoS terminals and eliminates processing fees for eligible merchants, aiming to challenge fintech giants OPay and Moniepoint in Nigeria's digital payments market.
Slovakia: 120-Day Visas, Stricter Work Permits from July 15
Slovakia will launch 120-day national visas and stricter work permit rules from July 15, 2026, targeting skilled workers while tightening conditions for low-skilled labor.
HBM Nigeria appoints Fatima Akilu, Nella Andem-Ewa as directors
HBM Nigeria Plc has appointed peacebuilding expert Fatima Akilu and former Attorney-General of Cross River State, Nella Andem-Ewa, as Independent Non-Executive Directors, effective 1 July.
Coca-Cola Nigeria Marks 75 Years with 60cl Anniversary Bottle
Coca-Cola Nigeria celebrates 75 years by launching a 60cl PET anniversary bottle, offering 20% more value on select drinks, with culturally-inspired packaging and consumer activations.
BUA Foods Proposes N504bn Dividend for 2025
BUA Foods Plc proposes a dividend of N28 per share, totaling about N504 billion for 2025, subject to shareholders' approval at the AGM on July 15.
Zenith Bank waived due process for Emefiele’s billions, witness says
A Zenith Bank official testified how waivers allowed billions of naira deposits and disbursements for ex-CBN Governor Godwin Emefiele, bypassing standard banking procedures.
MTN, Zenith Lead NGX H1 Earnings Reporting in July
MTN Nigeria and Zenith Bank are among the first to release H1 2026 results on the NGX, with peak reporting expected in the last week of July. Investors await key earnings data.
UK Police Reveal Annual Salaries for Constables and Sergeants
UK police have published annual salaries: constables start at £42,210 (N77.4m) and sergeants earn £63,000 (N115.5m), converted to Nigerian naira.
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