Sahara Group Acquires Seven Rigs to Ramp Up Oil Output to 350,000bpd
Sahara Group, a global energy and infrastructure conglomerate, is aggressively expanding its upstream capacity with a target of producing 350,000 barrels
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Author: Markets Reporters
The Misconceptions Around Tinubu’s Income Tax Reforms
By Michael Chibuzo As the countdown to the January, 2026 effective take off of two landmark Tax Reform laws gathers
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Nigeria’s FX Market Posts 757% Jump in Dollar Liquidity
Nigeria’s official foreign exchange market saw dollar liquidity surge more than eightfold this week to a record high of $12.85
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UAC Completes Acquisition of CHI, Maker of Chivita, Hollandia
The Federal Competition and Consumer Protection Commission (FCCPC) has approved the sale of Chivita|Hollandia (CHI Limited) by Coca-Cola to UAC
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Ellah Lakes Acquires ARPN From Tolaram, Valuestar in Expansion Push
Ellah Lakes Plc, an integrated agro-industrial company, has entered into an agreement for the acquisition of 100% shareholding of Agro-Allied
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Palm Oil Producer Presco Taps Ex-Wema Bank CEO for Vacant Board Seat
Presco, a major palm oil producer in Nigeria, has announced the appointment of Ademola Adebise as an independent non-executive director
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Stanbic IBTC Hires Ex-Standard Bank Unit Head Nwokocha as GCEO
The Board of Stanbic IBTC Holdings Plc has announced the appointment of Chukwuma (Chuma) Nwokocha as the substantive group chief
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Court Bars PENGASSAN From Cutting Gas Supply to Dangote Refinery
The National Industrial Court in Abuja has stopped the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) from
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Dangote Calls PENGASSAN’s Directive ‘Criminal’, Warns of Fuel Queues
Dangote Petroleum Refinery has warned that the recent directive issued by the Petroleum and Natural Gas Senior Staff Association of
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Ecobank Exits Mozambique As FDH Bank Takes Over Subsidiary
Ecobank Transnational Incorporated said on Friday that it had completed the sale of its stake in Ecobank Mozambique S.A. to
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