Energy
$20bn Bonga Southwest Project Nears FID as NNPC, Shell, Others Sign Key Agreements
…Development targets 175,000 barrels of oil daily …Preferred FPSO contractor emerges as project completes Pre-FEED The Nigerian National Petroleum Company
Money
Naira Hits Two-Month High as CBN Reopens OMO to Retail Investors After 7 Years
The naira has strengthened to a two-month high as the Central Bank of Nigeria (CBN) reopened its Open Market Operations
Economics
US Backs Move to Preserve 4,000-Year-Old Iron-Smelting Site in Nigeria with $125,000
The United States has awarded a $125,000 U.S. Ambassadors Fund for Cultural Preservation (AFCP) grant to the Center for Memories
Stocks
How Nigeria Lost Crown as World’s Best-Performing Stock Market After Five Weeks
Nigeria has lost its position as the world’s best-performing stock market, five weeks after taking the crown from South Korea,
Technology
From Lagos to $2.1 Billion: How Moove Became Africa’s Newest — and Fastest — Unicorn
Mobility financier’s $250 million Series C nearly triples its worth in under two years, making it the continent’s third most
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$20bn Bonga Southwest Project Nears FID as NNPC, Shell, Others Sign Key Agreements
…Development targets 175,000 barrels of oil daily …Preferred FPSO contractor emerges as project completes Pre-FEED The Nigerian National Petroleum Company
