Dangote Refinery Secures $2.5bn Investment Led by AFC for Major Capacity Expansion
Dangote Refinery has secured $2.5bn investment led by AFC for major capacity expansion. NewsOnline Nigeria reports that Dangote Petroleum...
Month: August 2026
Rufai Oseni Demands Account of $2.9bn Refinery Rehabilitation Spending After Tinubu’s Revival Pledge
Rufai Oseni has demanded account of $2.9bn Refinery Rehabilitation spending after Tinubu’s fresh revival pledge. NewsOnline Nigeria reports that...
Noor Takaful, Noor Health Distribute N427.96m Surplus to Participants
By Aduragbemi Omiyale The sum of N427.96 million has been disbursed to more than 1,000 enrollees as surplus by Noor...
Stanbic IBTC Bank Improves Transaction Banking Capabilities With Software Upgrade
By Aduragbemi Omiyale The transaction banking capabilities of Stanbic IBTC Bank have been improved with the upgrade of its software...
Recapitalisation: NIA Says Seven New Insurers Have Met Threshold
By Adedapo Adesanya The Nigerian Insurers Association (NIA) has disclosed that seven additional insurance companies have secured full recapitalisation approval...
SEC Orders Freezing of Assets, Funds of Nine Terrorism Financiers
By Aduragbemi Omiyale Capital market operators have been directed to immediately freeze the assets, funds, and other economic resources belonging...
Dangote Sugar Raises N486bn Rights Issue to Reduce Debt, Strengthen Capital Base
By Adedapo Adesanya Dangote Sugar Refinery Plc, Nigeria’s biggest sugar producer, has raised N486 billion ($356 million) through an oversubscribed...
NIA commends 7 insurers over full recapitalisation approval
The Nigerian Insurers Association (NIA) has commended seven additional insurance companies for securing full recapitalisation approval from the National Insurance...
Investigating private jet that landed on Asaba highway difficult – NSIB
The investigation into the circumstances surrounding the bizarre landing of a private jet on a concrete road near Asaba Airport,...
NUPRC mulls petrol swap to to deepen domestic supply
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is consulting widely with stakeholders in the industry on the idea...