Real Madrid and Uefa reach peace deal to end European Super League dispute

The long-running saga of the European Super League has finally been brought to a close after Real Madrid and UEFA reached an agreement to settle their dispute.

NNPC posts 6.67% profit rise to N5.76tn in 2025 as gas output and pipeline reliability improve

The Nigerian National Petroleum Company Limited (NNPC Ltd.) recorded a Profit After Tax (PAT) of N5.76 trillion for the 2025 financial year, representing a 6.67 per cent increase from ₦5.4 trillion reported in 2024.

Effie Awards South Africa opens 2026 call for entries

The Effie Awards South Africa has announced its 2026 call for entries, inviting agency and client partner teams to submit campaigns that have delivered measurable impact in the market.

Manchester City confirm Revolut as back-of-shirt sponsor in new multi-year partnership

Manchester City have announced a new multi-year partnership with Revolut that will see the fintech firm become the official back-of-shirt partner for both the men’s and women’s first teams. 

European Commission clears Virgin Music Group’s acquisition of Downtown Music

Virgin Music Group (VMG) and Downtown Music Holdings LLC have welcomed approval from the European Commission for VMG’s acquisition of Downtown, paving the way for the deal to complete in the coming weeks.

Emirates expands global travel retail with 10th Emirates World store opening in Abidjan

Emirates has marked a major milestone in its travel retail strategy with the opening of its 10th flagship Emirates World store in Abidjan, bringing its global portfolio to 10 Emirates World Stores and nine additional travel retail outlets.

AfBC Africa Investment Summit 2026 Rescheduled to 18 March in London

The AfBC Africa Investment Summit 2026, initially planned for an earlier date, has been rescheduled and will now take place on Wednesday, 18 March 2026, in London.

YouTube Star MrBeast Acquires Teen Banking App Step in Ambitious Fintech Move

MrBeast, the world’s biggest YouTuber, has acquired Step, a fintech platform aimed at teens and young adults with around 7 million users. While the financial details of the deal remain undisclosed, the acquisition marks a major shift in the creator economy from selling low-cost items like chocolate to providing high-value financial services.

TotalEnergies Proposes €3.40 Dividend for 2025 Amid Strong Cash Flow Performance

TotalEnergies has proposed a dividend of €3.40 per share for the 2025 fiscal year, the company announced in an official statement. The energy giant reported a stable cash flow of $7.2 billion in the fourth quarter, despite a decline of more than $5 per barrel in oil prices.

Afreximbank Provides US$100 Million to BSGC for Bahamas Road Infrastructure Upgrade

The African Export-Import Bank (Afreximbank) has announced a US$100 million Receivables Discounting Facility for Bahamas Striping Group of Companies Ltd (BSGC), marking a major step in modernising the Caribbean nation’s transport infrastructure. The funding will support the rehabilitation and construction of more than 200 miles of critical road networks across The Bahamas.

Why Vantage Capital Exited from Seaton Estates Investment

Vantage Capital, Africa’s largest mezzanine debt fund manager, has fully exited its investment in Seaton Estates, a premium residential coastal development on the North Coast of KwaZulu-Natal, South Africa. The development is promoted by Collins Residential, the residential division of a diversified group with interests in real estate, hospitality, and agriculture in South Africa and internationally.

Seplat Energy’s N20 Billion Gas Debt Claim Sparks Forensic Audit at Moribund Sapele Power Plant

Seplat Energy’s assertion that the long-dormant Sapele Power Plant owes it N20 billion for gas supplied has prompted Nigeria’s House of Representatives Ad-hoc Committee on power sector reforms and expenditure between 2006 and 2024 to set up a seven-member sub-committee to conduct a forensic audit into gas utilisation by electricity generation companies nationwide.

Identy.io Accelerates African Expansion with Biometric Identity Solutions

Identy.io, a global leader in mobile-first biometric authentication technology, has announced plans to expand its operations in Africa, initially focusing on Kenya and Nigeria. The company aims to bridge the digital identity gap and support economic development across the continent.