Pan-African Investment Firm ACA Exits Nigerian Oil Operator Aradel
Aradel Holdings Plc, a Nigerian indigenous energy independent, announced the realignment of its shareholder base following the full divestment of
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Dangote Refinery’s First Petrol Export to US Arrives at Port of New York
The first petrol export by Dangote Petroleum Refinery to the United States has arrived at the Port of New York.
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Julius Berger Exits Cashew Business to Focus More on Construction
Construction giant Julius Berger has decided to lease out its cashew processing facilities in a bid to focus more on
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Mauritius-Based Chappal Energies Loses Stake in Nigerian Oil Blocks Bought From TotalEnergies
Chappal Energies Mauritius Limited has lost the 10 percent stake in a Nigerian joint venture previously known as Shell Petroleum
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CBN’s First Rate Cut Since 2020 Hailed as ‘Well-Timed Policy Shift’
The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria (CBN) for its decision
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Nigeria Central Bank Lowers Interest Rate for First Time Since Sept 2020
The Monetary Policy Committee of the Central Bank of Nigeria decided on Tuesday to reduce its benchmark interest rate, also
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GTBank’s Parent Posts 50% Profit Drop as Non-Core Income Falls
Guaranty Trust Holding Company, the parent company of GTBank, reported a 50 percent drop in its half-year profit as non-core
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British Firm Savannah Energy Agrees to Buy Hydropower Assets in East Africa as Norfund Exits
Savannah Energy Plc, an Africa-focused British independent energy company, has announced that its wholly owned subsidiary, Savannah Energy EA Limited,
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Seplat in Talks to Sell 10% Stake in Assets Bought from ExxonMobil
Seplat Energy is in talks with state-owned Nigerian National Petroleum Company Limited (NNPC) for the sale of a 10 percent
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Nigeria Partners Netherlands-Based Solarge to Form Solar Manufacturing Firm
The Rural Electrification Agency (REA), the Infrastructure Corporation of Nigeria (InfraCorp), and Solarge BV of the Netherlands have announced the
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