Following years of delays, the Nigerian billionaire has opened the Dangote Petroleum Refinery — Africa’s largest oil refinery and “one of the world’s largest oil refineries,” Business Insider reports. Located in Lekki, Nigeria, near Lagos, the $19 billion […]
Jan 19, 2024 — The Central Bank of Nigeria (CBN) has slated its next interest rate meeting for February, the first since last July, according to a schedule released on Friday. In a statement published […]
Nigeria backs Shell’s decision to sell its onshore oil and gas assets, its junior oil minister said on Thursday, and will give the necessary regulatory approval. Shell opens a new tab on Tuesday and announced its […]
Leading financial institution, Fidelity Bank Plc, has launched a creative writing competition for secondary school students dubbed Read2Lead, as part of its Corporate Social Responsibility (CSR) initiatives designed to empower Nigerian youths with quality education. […]
Jan 16 — Nigeria-based cell tower operator IHS Holding Ltd and its second-largest shareholder Wendel said on Tuesday they have reached an agreement on corporate governance matters, including lowering the ownership threshold for investors to […]
Jan 8, 2024 — Oil prices fell over 3% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output that offset supply concerns generated by escalating geopolitical tension […]
As of January 1, the 10 richest people on the planet are worth nearly $1.47 trillion—$30 billion more than a month earlier. And Facebook founder Mark Zuckerberg has overtaken Bill Gates to become the world’s […]
Obeten Godfrey Jr. As Eleanor Roosevelt once remarked, “The future belongs to those who believe in the beauty of their dreams.” These words echo the resilient spirit and unwavering determination of Cross River-born, entrepreneur, investor, […]
Nigeria’s central bank has lifted a ban on transacting in cryptocurrencies, while saying global trends had shown a need to regulate such activities, the bank said in its latest circular. The Central Bank of Nigeria […]
December 20, 2023 — Nigeria’s new $19 billion Dangote oil refinery has received 1 million barrels of oil from Shell International Trading and Shipping, its second crude cargo this month, as it steps up preparations […]
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