Islamic Insurer Commits $626m to Tinubu’s Lagos-Calabar Coastal Highway Project
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral credit and political risk insurer
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Nigerian Fuel Retailers Push for Lower Prices and More Import Licences
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged refiners, depot owners, and importers to immediately reduce
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Firm Gets Licence to Build New Refinery in Rivers State
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued a licence to construct (LTC) to Foster Petroleum Development
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FirstBank Gets N45bn Capital Boost as Parent Advances Private Placement
First HoldCo Plc, the parent of Nigeria’s oldest bank, has completed a ₦45 billion second tranche of its ongoing ₦350
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TotalEnergies Nigeria, NNPC Renew Drone Deal to Cut Methane Emissions
TotalEnergies EP Nigeria Limited and NNPC Limited have renewed their cooperation agreement to deploy AUSEA drone technology for methane detection,
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Meet Elohor Aiboni, First Woman Tapped to Chair Shell Companies in Nigeria
Shell has appointed Elohor Aiboni as Executive Vice President and Country Chair Nigeria effective August 1, marking the first time
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Flutterwave’s Valuation Hits $3.2bn as Ripple’s Investment Pushes Total Funding Past $500m
African fintech giant Flutterwave has announced that its total capital raised has now surpassed $500 million. This follows a strategic
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Conoil Slashes Dividend as Profit Plunges 75% on Dangote Price War
Conoil Plc, a Nigerian fuel marketing company, has announced a drastic cut to its shareholder payouts for 2025 following a
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Dangote Wants to Build Nigeria’s Biggest Free Zone in Ondo
Aliko Dangote, President of Dangote Group, has reaffirmed plans to develop what he described as Nigeria’s biggest industrial and free
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Elumelu’s United Capital Buys Stake in Parent of Nigerian Stock Exchange
United Capital Group, a pan-African investment banking and financial services group, has completed the acquisition of a 5% equity stake
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