NNPC, Sahara, Two Others Unveil Nigeria’s First Crude Oil Terminal in 50 Years
The NNPC Limited, Sahara Group, Eroton E&P, and Bilton Energy Ltd. have commissioned Nigeria’s first wholly owned 2.2 million-barrel capacity
Read more
FEATURED
Africa’s Richest Man Dangote, Ethiopia Break Ground on $2.5bn Fertiliser Plant
Aliko Dangote, President/Chief Executive of Dangote Group and the Ethiopian government have broken ground on a $2.5 billion fertiliser plant
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more