Investors in Nigeria’s modular refineries are actively engaging with the African Export-Import Bank (Afreximbank) to secure a portion of the $18 billion fund earmarked by the...
Nvidia Corp. has transformed from a fledgling chipmaker to the world’s most valuable company, boasting an astronomical total return of 591,078% since its initial public offering...
Dangote Sugar Refinery PLC has successfully raised ₦42.79 billion through the issuance of Series 4 and 5 Commercial Paper notes. The issuance, announced on Friday, underscores...
The Dangote Group has announced a significant expansion of its refinery storage capacity. The expansion, disclosed by Alhaji Aliko Dangote, President of the Dangote Group, during...
Tesla Inc. shareholders have voted in favor of Chief Executive Officer Elon Musk’s compensation package and the company’s state of incorporation change to Texas. The results,...
The Nigerian National Petroleum Corporation (NNPC) has withdrawn its legal challenge against Exxon Mobil Corp.’s sale of its oil and gas assets to Seplat Energy Plc....
Access Bank Plc has taken a significant stride in expanding its presence in East Africa through the acquisition of a majority equity stake in African Banking...
Aliko Dangote, Africa’s richest person and founder of the Dangote Group, announced that he has repaid $2.4 billion of the $5.5 billion borrowed to construct his...
Tolaram Group has acquired a 58.02% stake in Guinness Nigeria from Diageo Plc. for ₦81.60 per share, representing approximately a 60% premium over Guinness Nigeria’s closing...
Africa’s largest oil refinery, the Dangote Refinery, has postponed the start of its premium motor spirit (PMS) production, commonly known as petrol, from June to mid-July....
