Egypt Joins Forces with Afreximbank to Create Pan-African Gold Bank
The Central Bank of Egypt (CBE) and African Export-Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) for the
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NNPC Says Escravos-Lagos Pipeline Restored 19 Days After Explosion
NNPC Limited has announce the successful restoration of the Escravos–Lagos Pipeline System (ELPS) in Warri, Delta State. The NNPC said
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Billionaire Otedola Exits Power Firm Geregu as MA’AM Energy Steps In
Femi Otedola has bowed out of Lagos-listed Geregu Power as chairman and majority shareholder following the sale of its stake
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Fresh $1.2bn Financing for Lagos-Calabar Coastal Road Excites Tinubu
President Bola Tinubu has praised the Federal Ministry of Finance for successfully closing $1.26 billion in financing for the execution
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PZ Cussons Nigeria Swings to Half-Year Profit, on Track to Sell Assets Worth N1bn
PZ Cussons Nigeria reported a profit before tax of N37.91 billion for the six months ended 30 November, compared with
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Biggest Shareholder Otedola Invests Extra N15.27bn in FirstBank’s Parent
Femi Otedola, chairman of First HoldCo, has bought additional shares worth N15.27 billion in the parent of the country’s oldest
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Dangote Refinery Says Over 2,000 MRS Oil Stations Selling Petrol at N739/Litre
Dangote Petroleum Refinery has commenced nationwide sales of petrol at a pump price of N739 per litre across all MRS
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Elumelu’s Heirs Energies Inks $750m Afreximbank Loan to Drive Growth
Heirs Energies Limited, an indigenous Nigerian integrated energy company, has executed a $750 million financing with the African Export–Import Bank
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BUA Foods Tightens Grip on Top Spot as Valuation Crosses N13trn
The share price of BUA Foods jumped by 6.02 percent on Friday to N734.20 a piece, helping it cement its
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Oritsemeyiwa Eyesan: Forced Out of NNPC, Chosen for NUPRC Top Job a Year Later
Oritsemeyiwa Eyesan has been nominated to lead the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) just over a year after a
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