Heirs Energies, owned by Tony Elumelu, has purchased a 20 percent stake in Seplat Energy Plc as Elumelu further diversifies his holdings. The acquisition involves the...
Recent disclosures by Geregu Power Plc have triggered widespread debate among investors over whether billionaire Femi Otedola sold his shares in the company. A closer examination...
Billionaire investor Femi Otedola has divested his indirect controlling interest in Geregu Power Plc following a restructuring of the company’s majority shareholder, Amperion Power Distribution Company Limited....
Nigeria’s state oil company, NNPC Ltd, is now operating as a commercially driven entity without reliance on federal budgetary allocations, as oil and gas production levels...
Seplat Energy Plc has completed the conversion of its operated onshore assets to Nigeria’s Petroleum Industry Act fiscal framework, formally replacing the Petroleum Profit Tax regime....
Moneda Invest, a leading pan-African alternative credit provider, has marked its 10th anniversary with the launch of “Africa Funds Africa” (AFA), a bold initiative aimed at...
Presco Plc has announced the acquisition of 10,000 hectares across the Nsadop and Boki plantations in Cross River State. In a statement issued on December 18,...
Premier Paints Plc has disclosed that its majority shareholders, Clover Global Resources Limited and TGHL Capital Limited, are in discussions to divest their combined controlling stake...
Geregu Power Plc has announced the postponement of its Board of Directors’ meeting earlier scheduled to hold on Friday, December 19, 2025. In a notice dated...
BUA Group awarded ₦30 billion in cash rewards to 510 employees at its 2025 Long Service and Excellence Awards. The payout was announced during the Group’s...
