IFC Backs Aradel’s Refinery Expansion with $50m Funding
Aradel Refineries Limited, a subsidiary of Aradel Holdings PLC, has successfully closed a $50 million financing deal with the IFC
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Energy
Oando Gets Shareholders’ Nod to Raise N500bn, Restructure $300m Debt
Oando, a Nigerian energy group listed in Lagos and Johannesburg, has received the green light from its shareholders to raise
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Nigeria’s Stock Exchange Loses Three Oil Firms in Four Years
The ranks of listed oil and gas companies in Nigeria have shrunk by a quarter since 2021 as three operators
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Dangote Refinery Receives 4,000 CNG Trucks Ahead of Fuel Delivery Kick-off
Dangote Petroleum Refinery & Petrochemicals has commenced the receipt of 4,000 compressed natural gas powered trucks, an integral part of
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Dangote Says Refinery Not Shut Down, Truck Loading Ongoing
The Dangote Petroleum Refinery has dismissed recent reports alleging a shutdown of its operations, reassuring the public and market stakeholders
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It’s Perturbing Ikeja Electric Has Ended in Receivership, Says CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has said it is perturbing that Ikeja Electric has ended in
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Egbin Power, Ikeja Electric, First Independent Power not in Receivership – Management
Egbin Power Plc, Ikeja Electric Plc (IE) and First Independent Power Limited (FIPL) have refuted media reports sourced from what
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Wale Tinubu’s Oando Eyes Gold, Lithium, Others in Six States
*Bitumen samples dispatched to China Oando, a Nigerian energy company listed in Lagos and Johannesburg, is on course to spread
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[REVEALED] Aradel’s Stakes in Renaissance and Chappal Energies Cost N56bn
Aradel Holdings, a Nigerian oil company, spent a total of N56.2 billion to acquire stakes in Renaissance Africa Energy Holdings,
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Oando Plans to Launch Electric Ride-Hailing Initiative in Second Half
Oando, a Nigerian energy company listed in Lagos and Johannesburg, has said it will launch a pilot for its electric
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