How Africa minted unicorns Moniepoint, Tyme amid 2024 global funding drought
Africa has seen the emergence of two unicorns in less than two months from two of its biggest economies, South
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Jumia suffers 65% share price drop in six months
Joseph Olaoluwa African e-commerce giant Jumia has seen its share price tumble by 65.88% since June when it traded at
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Ex-Chevron executive joins Oando board
Joseph Olaoluwa Oando Plc, a Nigerian energy company, has appointed Cosmas Iweze, a former executive at US oil giant Chevron,
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MTN Nigeria taps Kola-Oyeneyin, Nwuneli, Pennington as directors
Joseph Olaoluwa MTN Nigeria Communications, the country’s largest telecommunication company, has appointed three new directors to its board. The telco
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Transcorp Hotels gets new CEO as Dupe Olusola bows out
Transcorp Hotels Plc announced on Monday the appointment of Uzo Oshogwe as the MD/CEO of Transcorp Hotels Plc, effective January
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Why naira will remain on shaky footing: Capital Economics
Naira’s recent gains against the dollar look likely to fade, considering that inflation remains extremely high, London-based Capital Economics has
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[BREAKING] Shell Nigeria sanctions Bonga North deepwater project after years of delay
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a final investment decision (FID)
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Dangote petrol exported to South Africa, Angola, Ghana, Cameroon, others — Official
Petrol from Dangote refinery has been exported to several African countries in recent weeks, Devakumar Edwin, vice president of oil
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MTN Nigeria secures N72.18bn loan to boost working capital
MTN Nigeria Communications has raised N72.18 billion through a commercial paper (CP) issuance to support short-term working capital requirements. The
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Meet ex-ExxonMobil executive tapped as MD for Seplat’s new unit after $800m deal
Mobil Producing Nigeria Unlimited (MPNU) has been renamed Seplat Energy Producing Nigeria Unlimited (SEPNU) following the completion of its acquisition
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