Nigerian Banks See Biggest Fall in Africa’s Top 100 Ranking
*Combined Tier 1 capital plunges 45.6% Three Nigerian lenders — Union Bank of Nigeria, Stanbic IBTC Bank, and Ecobank Nigeria
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Paradigm Towers Ventures Takes Over IHS Rwanda’s 1,467 Tower Sites
Paradigm Tower Ventures has made its maiden investment by closing the acquisition of IHS Rwanda Limited from IHS Holding Limited,
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Shell Nigeria Sanctions $2bn Offshore Gas Project in Boost for NLNG Prospects
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, together with Sunlink Energies and Resources Limited,
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Nigerian Bourse Shuts Alternative Securities Market 12 Years After Creation, Suspends Firm
The Nigerian Exchange Limited (NGX) announced on Friday that it has resolved to wind down the Alternative Securities Market (ASeM)
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Ghana Poised to Gain Additional $385m IMF Support
An International Monetary Fund (IMF) staff team, led by Mr. Ruben Atoyan, held meetings in Accra from September 29 to October
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[BREAKING] Nigeria Picks Law Professor Amupitan as New Chair of Election Umpire
The National Council of State has approved the nomination of Professor Joash Ojo Amupitan, a senior advocate of Nigeria, from
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Savannah Energy Brings Ex-PwC Nigeria Boss and Top Lawyer on Board
Savannah Energy Plc, an Africa-focused British independent energy company, has appointed Uyi Akpata and Kehinde Olamide Ogunwumiju to its board.
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NNPC, Sahara, Two Others Unveil Nigeria’s First Crude Oil Terminal in 50 Years
The NNPC Limited, Sahara Group, Eroton E&P, and Bilton Energy Ltd. have commissioned Nigeria’s first wholly owned 2.2 million-barrel capacity
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Africa’s Richest Man Dangote, Ethiopia Break Ground on $2.5bn Fertiliser Plant
Aliko Dangote, President/Chief Executive of Dangote Group and the Ethiopian government have broken ground on a $2.5 billion fertiliser plant
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Sahara Group Acquires Seven Rigs to Ramp Up Oil Output to 350,000bpd
Sahara Group, a global energy and infrastructure conglomerate, is aggressively expanding its upstream capacity with a target of producing 350,000 barrels
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