Chevron Agrees to Buy 40% Stake in Two Nigerian Oil Blocks from TotalEnergies
Star Deep Water Petroleum Limited, a Chevron company, has signed an agreement to acquire a 40% working interest in Petroleum
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Author: Markets Reporters
NNPC Profit Doubles to N447bn in October Despite Oil Output Drop
State-owned Nigerian National Petroleum Company (NNPC) saw its profit more than double last month as oil and gas revenue rose.
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Nigeria’s Forex Reserves Jump to Six-Year High of $44.61bn
Nigeria has seen its foreign exchange reserves surge to $44.61 billion, the highest level since 8 August 2019, according to
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Saipem, Engineers India, Others Win Contracts for Dangote Fertiliser Expansion in Nigeria, Ethiopia
Dangote Group has announced a series of strategic technical partnerships to support the next phase of expansion of its fertiliser
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Dangote Engages Honeywell International for Refinery Expansion Project
Dangote Group is pleased to announce that it has entered into a strategic partnership with Honeywell International Inc to support
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Smaller Nigerian Banks Beat Big Rivals in Earnings Growth
*Wema, Stanbic, Sterling see nine-month profits jump 160% Some mid-sized Nigerian banks more than doubled their combined earnings in the
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NNPC’s Annual Profit Surges 64% as Revenue Hits N45trn
The Nigerian National Petroleum Company Limited (NNPC) has reported a profit after tax of N5.4 trillion for 2024, up 64
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JP Morgan Says Nigeria Could Save $170m Yearly if Rating Improves
Nigeria could save $170 million annually in eurobond servicing costs if it achieves a one-percent improvement in its sovereign credit
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Nigeria Exits Top African Investment Destinations Club Despite Reform Drive
…records biggest fall in 2025 RMB ranking Nigeria has dropped out of the league of Africa’s top 10 investment destinations
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TotalEnergies Buys 50% Conoil Stake in Offshore Block, Plans Drilling Next Year
TotalEnergies has signed agreements with its long-standing partner Conoil Producing Limited to acquire from Conoil a 50% operated interest in
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