Shell, Nigerian Banks Launch $3bn Fund for Local Contractors
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) today has launched a $3-billion Contract Finance Facility in partnership with nine
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[BREAKING] 46 Microfinance Banks Lose Operating Licences as CBN Tightens Oversight
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks (MfBs) with effect from July
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Sahara Taps Ex–Ikeja Electric CEO Soetan to Lead Oilfield Services Subsidiary
Sahara Group has appointed Mrs. Folake Soetan as Managing Director of Arahas Global Oilfield Services, as the energy and infrastructure
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Dangote, Congo’s National Oil Firm Open Talks on Fuel Supply, Refining Partnership
The Republic of the Congo’s national oil company, Société Nationale des Pétroles du Congo (SNPC), has begun discussions with Dangote
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Airtel Africa Regains Crown as Nigeria’s Most Valuable Firm 11 Months After Losing It
*Telco’s market cap tops N18 trillion Airtel Africa has regained its position as Nigeria’s most valuable listed company, 11 months
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AFC Taps Fola Fagbule to Lead East and Central African Operations
The Africa Finance Corporation (AFC) has appointed Fola Fagbule as the new director and head of its regional office in
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Musk Regains Trillionaire Status as SpaceX, Tesla Rally Adds $60bn to Fortune
Elon Musk regained his trillionaire status yesterday after strong gains in SpaceX and Tesla shares added more than $60 billion
Read moreBUA Foods Regains Top Valuation Spot as MTN Shares Plunge
BUA Foods has returned as the most valuable company on the Nigerian Exchange Limited, as MTN Nigeria’s shares fell by
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Billionaire Aliko Dangote Eyes Massive Investment Push in Tanzania
Aliko Dangote, president and CEO of Dangote Industries Limited, has met with the president of the United Republic of Tanzania,
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Ikeja Electric Names New CEO as Folake Soetan Bows Out
Ikeja Electric has appointed Mrs. Ogochukwu Onyelucheya as acting chief executive officer, effective July 1, 2026, in a leadership reshuffle
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