Otedola Raises FirstHoldCo Stake for Fifth Time in a Month with N12.6bn Purchase
Femi Otedola, chairman of First HoldCo Plc, has increased his stake in the financial services group for the fifth time
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FEATURED
$20bn Bonga Southwest Project Nears FID as NNPC, Shell, Others Sign Key Agreements
…Development targets 175,000 barrels of oil daily …Preferred FPSO contractor emerges as project completes Pre-FEED The Nigerian National Petroleum Company
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US Backs Move to Preserve 4,000-Year-Old Iron-Smelting Site in Nigeria with $125,000
The United States has awarded a $125,000 U.S. Ambassadors Fund for Cultural Preservation (AFCP) grant to the Center for Memories
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Oxford Economics Tips Tinubu for Second Term Despite Rising Voter Discontent
Campaigning for Nigeria’s 2027 presidential election has officially begun, with Oxford Economics forecasting that President Bola Tinubu will secure a
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$1bn Usan Infill Project Takes Off as Ultra-Deepwater Drillship Arrives in Nigeria
ExxonMobil Advances $1bn Usan Project as Ultra-Deepwater Drillship Arrives in Nigeria An ultra-deepwater drillship Noble Gerry de Souza has arrived
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‘Transmission Frustrates Me’ — Transcorp CEO Says N500m Lost in One Day on Grid Fault
A fault on Nigeria’s electricity grid on Tuesday knocked 10 Transcorp turbines offline and prevented more than 200 megawatts of
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How Nigeria Lost Crown as World’s Best-Performing Stock Market After Five Weeks
Nigeria has lost its position as the world’s best-performing stock market, five weeks after taking the crown from South Korea,
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Nigerian Stocks Hit Four-Week Low as Investors Take Profits
The market value of Nigerian equities fell to a four-week low on Monday as investors continued to lock in gains
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Naira Hits Two-Month High as CBN Reopens OMO to Retail Investors After 7 Years
The naira has strengthened to a two-month high as the Central Bank of Nigeria (CBN) reopened its Open Market Operations
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Oando CEO Tinubu Urges Africa to Resist Pressure to Curtail Energy Development
Africa must confidently develop its hydrocarbon resources to expand energy access, accelerate economic growth and finance critical public infrastructure, according
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