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Nigeria gets new credit upgrade by S&P Global Ratings
Nigeria’s credit upgrade by S&P Global Ratings has triggered renewed optimism around the country’s economic recovery, with analysts pointing to...
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Aliko Dangote Rejects NNPC Bid for Increased Ownership stake
Africa’s richest businessman, Aliko Dangote, has revealed that the Nigerian National Petroleum Company Limited attempted to increase its ownership stake...
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NNPC Reopens Nigeria Oil Block Sales Amid Investor Interest
Nigerian National Petroleum Company Limited has unexpectedly reopened applications for Nigeria oil block sales, expanding the number of upstream...
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Zedcrest Boss, Adedayo Amzat, Commissions Memoir at 40th Birthday Celebration
Adedayo Amzat, the Group Managing Director of the prominent financial services firm Zedcrest Group, has officially commissioned his highly anticipated...
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Ethiopian Airlines Wins Best Airline in Africa 2026 Award
Ethiopian Airlines has been named the Best Airline in Africa at the 2026 APEX Passenger Choice Awards, further strengthening its...
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Bank of Zambia Cuts Interest Rate to Two Year Low
The Bank of Zambia has reduced its benchmark interest rate to the lowest level in two years as inflationary pressures...
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Femi Otedola Raises First HoldCo Stake to 19.4%
Femi Otedola has increased his ownership in First HoldCo Plc after acquiring 549.5 million shares valued at approximately N43.4 billion....
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Nigeria’s Petrol Consumption Jumps to 51.1 Million Litres Daily in April 2026
Daily fuel demand in Nigeria rose by 8% in April, driven by a surge in local production from the Dangote...
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Cadbury Nigeria Appoints Ayman Gaafar as New Managing Director
Cadbury Nigeria PLC has officially named Ayman Hussein F. Gaafar as its new Managing Director, effective May 15, 2026. The...
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Dangote Refinery Targets $50 Billion Valuation Ahead of Landmark IPO Listing
Aliko Dangote, Africa’s richest man, has set a staggering $50 billion valuation target for his Dangote Refinery ahead of its...
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