Airtel Africa’s First-Quarter Profit Surges Fivefold
Airtel Africa, the second-biggest telecommunications company in Nigeria, posted a profit after tax of $153 million in the three months
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TOP STORIES
Magodo Suffers Total Blackout on Underground Cable Fault
Residents of Magodo Phase 2, a popular upscale neighborhood in Lagos, have been in total blackout since the wee hours
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Nigeria’s First E&P Set to Develop Tanzanian Gas Block With State-Owned TPDC
FIRST Exploration & Petroleum Development Company (FIRST E&P) has announced the signing of a memorandum of understanding with state-owned Tanzania
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Dangote Cement Comes Third in Valuation Ahead of BUA Foods, Closes On MTN
Dangote Cement overtook BUA Foods as the third-most valuable company on the Nigerian stock exchange on Friday as its shares
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FirstHoldCo Shares Tumble After Otudeko’s N196bn Sale
The share price of First HoldCo Plc, the parent of Nigeria’s oldest lender FirstBank, plunged by 4.1 percent on Friday
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New US Consul General in Lagos Assumes Office
The U.S. Mission has announced the arrival of its new Consul General, Rick Swart, who arrived in Lagos on Wednesday.
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Aradel Taps ex-DPR Boss to Replace Jadesimi as Chair
Aradel Holdings Plc, a Nigerian independent oil company, has appointed a former director of the Department of Petroleum Resources, Augustine
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It’s Official: Otudeko Sells FirstHoldCo Shares for N196bn
Oba Otudeko, a long-time significant shareholder in First HoldCo, has offloaded his shares in the parent of the country’s oldest
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Dangote Aims to Rival NLNG With Gas Pipeline in Olokola Port
Aliko Dangote, president and chief executive of Dangote Industries Limited, is looking to enter the Nigerian liquefied natural gas (LNG)
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Zenith Becomes Second Bank to Hit N3trn Valuation as Shares Soar
Zenith Bank saw its market capitalisation cross the N3 trillion mark on Wednesday, becoming the second lender to achieve the
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