Private equity fund sells Aradel shares worth N19.8bn
A private equity fund managed by African Capital Alliance sold a total of 24,717,353 shares of Aradel Holdings for N19.81
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Seplat shares soar as ExxonMobil asset deal sealed
Seplat Energy Plc, one of three oil and gas operators listed on the Nigerian Exchange Limited, rose by almost 10
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Oil operator Aradel falls 11% one week after stock listing
Aradel Holdings Plc, an indigenous oil and gas company, has seen its share price drop by almost 11% one week
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What to know about IMF’s newest member, Liechtenstein
The IMF welcomed the Principality of Liechtenstein as its 191st member. Prime Minister Daniel Risch signed the IMF’s Articles of
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Transcorp Hotels’ Q3 earnings nearly triple as occupancy rate rises
Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group, reported a 192 percent jump in its profit before tax for
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Why national grid collapsed again, by power regulator
The Nigerian Electricity Regulatory Commission said Saturday’s collapse of the power grid was triggered by an explosion of a current
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Starlink Global gets $20.8m Afreximbank loan for Nigeria cashew factory
African Export-Import Bank (Afreximbank) has approved a $20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable
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Nigeria says no delay in bond payments after Bloomberg report
The Nigeria government has said there are no outstanding payments following a Bloomberg report that quoted the head of the
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CBN expected to hold interest rates steady Tuesday after two-year hiking cycle
The Central Bank of Nigeria is expected to keep the benchmark interest rate at 26.75% next week at the end
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NNPC in talks with investors to revive Brass, OK LNG projects
The Nigerian National Petroleum Company Limited says it has begun discussions with investors towards bringing back two Liquefied Natural Gas
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