China sharply increased its purchases of Canadian crude oil and liquefied natural gas in August, new customs data shows, as a deepening trade rift between Ottawa and Washington pushes Canadian energy exporters to lean harder into the Chinese market. Figures released Sunday showed the volume of China’s crude oil imports from Canada climbed nearly 35 … Read more
Paramount Skydance and a coalition of state attorneys general spent the weekend hammering out the details of a settlement that could finally clear the way for the company’s massive acquisition of Warner Bros. Discovery, with a proposed $1.5 billion investment in California film and television production emerging as one of the central concessions on the … Read more
₦525 for a ₦65 Trillion Company: What Dangote Refinery Has to Earn Before Today’s Buyers Get Paid The largest share sale in African history opened this morning. The interesting question is not whether Dangote Refinery is an extraordinary industrial asset. It plainly is. The question is what price an extraordinary asset is worth, and what … Read more
Nigerian Billionaire Dangote Launches Oil Refinery IPO, Africa’s Biggest Share Sale to Fund Refinery Expansion Aliko Dangote, Africa’s richest man, opened subscriptions on Monday for what is now the largest share sale in the continent’s history, putting a stake in his sprawling Lagos oil refinery within reach of ordinary Nigerian investors for the first time. … Read more
Porsche Completes €1 Billion Bugatti Rimac Exit to HOF Capital, Raises 2026 Cash Flow Outlook Porsche has closed the book on its five year run as a stakeholder in Bugatti, confirming Wednesday that it has completed the sale of its holdings in Bugatti Rimac and the wider Rimac Group after clearing the last of the … Read more
Top 6 African Billionaires Who Built Their Fortunes Outside Oil By BusinessTech.ng Correspondent Africa’s billionaire class is often associated with the continent’s vast oil and natural-resource wealth, but some of its richest entrepreneurs built their fortunes in very different industries. From cement and sugar to luxury goods, diamonds, construction and global investments, these business empires … Read more
Indonesia’s government is set to complete a major restructuring of ownership over the country’s troubled Jakarta-Bandung high-speed rail project by mid-September, transferring the controlling 60 percent stake away from the state-owned enterprise consortium that has held it since construction and placing it directly under the Finance Ministry instead. The move, confirmed this week by Finance … Read more
Global markets moved in noticeably different directions on Monday, with European equities easing lower while Asia-Pacific bourses posted broad, in some cases dramatic, gains, as traders tried to make sense of the latest twists in a Middle East conflict that has kept refusing to settle down. The divergence itself is a useful snapshot of how … Read more
Tesla Is Asking People If They Want to Buy and Run Cybercab Fleets Tesla has quietly cracked open the door to a business model it spent years avoiding. On Thursday, the company published a short interest form on its website aimed at businesses that might want to purchase and operate fleets of its purpose-built Cybercab … Read more
How to Open a Profitable Agro Feeds Showroom in Nigeria: A Practical Step-by-Step Guide A BusinessTech.ng Guide Ask any poultry farmer in Nigeria why they still drive to a physical feed dealer instead of ordering online, and you’ll get some version of the same answer: they want to feel the pellets, check for mould or … Read more