MTN Nigeria Profit Soars 71% as Half-Year Revenue Hits N3 Trillion
MTN Nigeria Communications Plc reported a 70.6% increase in profit after tax for the first half of 2026, supported by
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Seplat Energy Steps Up Offshore Drilling Push with Second Rig Contract
Seplat Energy is intensifying its offshore drilling campaign in Nigeria, with one jack-up rig already in the country and a
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Aiboni Assumes Office as First Woman to Lead Shell Nigeria
Elohor Aiboni has assumed office as Executive Vice President, Nigeria, and Country Chair of Shell Companies in Nigeria, becoming the
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Seplat Energy Revives 73 Idle Wells From Former ExxonMobil Assets
Seplat Energy Plc, the Nigerian independent oil and gas producer dual-listed in Lagos and London, has restored a cumulative 73
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Dangote Cement Swings to N215bn Net Cash After Slashing Debt by 46%
Dangote Cement Plc strengthened its balance sheet in the first half of 2026, moving from a net debt position of
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Seplat’s Half-Year Profit Surges Sixfold on Iran War Fallout
Seplat Energy’s profit after tax jumped nearly six-fold to $164 million in the first half of 2026, buoyed by higher
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Seplat Strikes $282m Deal to Sell 10% Stake in NNPC Joint Venture
NNPC’s interest will rise to 70%, while Seplat plans a special $140 million dividend and further debt reduction. Seplat Energy
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Dangote Cement Posts Higher H1 Profit as Nigerian Exports Jump 62%
Dangote Cement Plc reported a 22.7% increase in profit after tax for the first half of 2026, supported by higher
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European Bank Lends KCB $100 Million to Expand SME Financing in Kenya
The European Bank for Reconstruction and Development (EBRD) is lending KCB Bank Kenya Limited US$100 million, approximately €85 million, to
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NLNG Train 7 to Raise Nigeria’s Cooking Gas Supply by 50% — CEO
Nigeria’s biggest gas exporter NLNG has said its Train 7 expansion project will increase the volume of liquefied petroleum gas
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