UAC of Nigeria Plc has appointed its Group Investment Director, Adebolanle Badejo, to the board of UPDC Plc as part of a strategic restructuring aimed at enhancing portfolio governance and…
Dangotes Kenya Refinery Project Draws New Cross-Border Investment Interest
Dangote Industries Limited’s proposed oil refinery in Kenya has drawn significant regional investment interest, with Tanzanian billionaire Mohammed Dewji offering to commit up to $100 million to the project. Dewji,…
UTM Offshore Secures $3 Billion Long-Term Gas Supply Deal for FLNG Project
UTM Offshore Limited has secured a 15-year gas supply agreement for its proposed $3 billion Floating Liquefied Natural Gas (FLNG) project, marking a major breakthrough in Nigeria’s efforts to commercialise…
Xenergi Launches Mandatory Takeover Offer for Premier Paint Shares at ₦38 Each
Xenergi Plc has launched a mandatory takeover offer to acquire up to 2 million ordinary shares of Premier Paint Plc at ₦38.00 per share, following its acquisition of a controlling…
Oando Reports ₦204.8 Billion Profit Amid 32% Production Surge Despite Declining Revenue
Emerald HoldCo Launches Mandatory Takeover Offer for Beta Glass Shares at ₦590.94 Each
Emerald HoldCo B.V. has launched a mandatory takeover offer to acquire up to 11,741,509 ordinary shares of Beta Glass Plc at ₦590.94 per share, following its acquisition of a controlling…
Nigerias Private Sector Extends Six-Month Growth Streak Amid Rising Cost Pressures
Nigeria’s private sector growth continued in June, marking six consecutive months of expansion despite ongoing challenges such as high operating costs, insecurity, and limited access to finance, according to the…
Binances Stock Trading Business Hits $1 Billion in Assets Under Management
Binance has achieved a major milestone in its expansion beyond cryptocurrency, with its stock trading business surpassing $1 billion in assets under management (AUM) within just one month of launching….
Dangote Announces $46 Billion Investment to Expand Refining Capacity to 2.1 Million Barrels Per Day
Dangote Industries Limited has announced a massive $46 billion investment plan across its refining, cement, and fertiliser operations over the next three years, aiming to boost industrial production and strengthen…