Business

AfDB Announces Launch of $2bn Social Bond Under New Framework

It said the bank continues to carry out its funding strategy of issuing large liquid benchmark transactions.

8 months ago

Dangote Remains Africa’s Richest As Forbes Unveils Richest Billionaires in 2024

This year, South Africa claimed six spots on the ranking, followed by Egypt with five, and Nigeria with four.

8 months ago

Divestment: Coalition Urges Shell To Steer Clear of Ogoni Oil

“If oil production is to resume in Ogoni, there should be a referendum of Ogoni people that will sit down…

8 months ago

Lekki Deep Seaport Berths Largest Container Vessel on Nigerian Waters

The NPA said the berthing of a ship measuring 367, at Lekki Deep Seaport, represented a quantum leap.

8 months ago

NNPC Explains Intervention In Nigeria’s FX Crisis With $3.3bn Crude Repayment Loan From Afreximbank

Soneye said the loan is a short to mid-term solution to Nigeria’s foreign exchange challenge.

8 months ago

Nigeria Will Fund Its $1.9tn Energy Transition Plan With Proceeds From Fossil Fuels, Says Deputy Oil Minister Lokpobiri

He highlighted that Africa's contributions to global emissions stand at a modest three per cent.

8 months ago

Marketers Await Commercial Terms for Lifting Products From 650,000bpd Dangote Refinery

They said the refinery will change the business dynamics in the downstream sector.

8 months ago

CBN Schedules First MPC Meetings Since Cardoso’s Appointment As Governor

The full quorum of committee who are meant to determine policies are however, not yet appointed.

8 months ago

Nigeria Ready To Immediately Approve Shell’s $2.8bn Deal with Oil Consortium, Says Deputy Oil Minister Lokpobiri

He said Nigeria loses nothing as such moves create opportunities for indigenous companies.

8 months ago

FAAN Announces Relocation of  Headquarters To Lagos To ‘Halt Public Purse Rip-Off’ 

“Abuja continues to have full operational offices and the Authority has not scaled down operations in Abuja one bit.”

8 months ago