Energy
ExxonMobil’s Esso Launches $1bn Usan Infill Project, Targets 40,000bpd Deepwater Boost for Nigeria
Esso Exploration and Production Nigeria Limited (Esso), a subsidiary of US oil giant ExxonMobil, has announced the commencement of on-block
Money
![[BREAKING] 46 Microfinance Banks Lose Operating Licences as CBN Tightens Oversight](https://www.marketsreporters.com/wp-content/uploads/2020/10/CBN-390x205.jpg "[BREAKING] 46 Microfinance Banks Lose Operating Licences as CBN Tightens Oversight")
[BREAKING] 46 Microfinance Banks Lose Operating Licences as CBN Tightens Oversight
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks (MfBs) with effect from July
Economics
FDI Inflow into Nigeria Hits 11-Year High on Oil Sector Recovery
*Foreign direct investments more than double to $4bn in 2025 Nigeria experienced a sharp rebound in long-term capital inflows last
Stocks
Airtel Africa Becomes First Nigeria-Listed Firm to Cross N20trn Market Cap
Airtel Africa has become the first company listed on the Nigerian Exchange Limited (NGX) to surpass a N20 trillion market
Technology
Airtel Africa Regains Crown as Nigeria’s Most Valuable Firm 11 Months After Losing It
*Telco’s market cap tops N18 trillion Airtel Africa has regained its position as Nigeria’s most valuable listed company, 11 months
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ExxonMobil’s Esso Launches $1bn Usan Infill Project, Targets 40,000bpd Deepwater Boost for Nigeria
Esso Exploration and Production Nigeria Limited (Esso), a subsidiary of US oil giant ExxonMobil, has announced the commencement of on-block