Daily Record

Standard Bank Closes USD 250 Million Strategic Financing for Aradel Energy

Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited, and The Standard Bank of South Africa Limited (together, “Standard Bank”) have successfully achieved financial close on a landmark USD 250 million financing facility for Aradel Energy Limited (“Aradel Energy” or the “Company”).  The facility was structured to support Aradel Energy’s strategic growth agenda, …

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Breaking: Dangote Refinery reaffirms market stability, assures nationwide PMS supply

Dangote Petroleum Refinery & Petrochemicals reaffirms its commitment to market stability and uninterrupted nationwide supply of Premium Motor Spirit (PMS). During the recent festive period, the Refinery implemented a deliberate and temporary price support intervention to cushion Nigerians at a time of heightened household spending. This marked the second consecutive …

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SIFAX Marine Targets Asset-Led Growth in 2026

…Positions for Stronger Participation in the Oil and Gas Market SIFAX Marine Services Limited has announced a far-reaching expansion strategy for 2026 aimed at driving asset-led growth and repositioning the company as a stronger contender in Nigeria’s offshore and oil and gas marine services market. According to Afolabi Olayinka, Executive …

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Emirates and Air Peace activate bilateral interline agreement, enhancing seamless global connectivity

Building on their existing partnership, Emirates, the world’s largest international airline, and Air Peace, West Africa’s largest airline, have activated a bilateral interline agreement, expanding air connectivity between Africa, the UAE, and London. The agreement offers passengers of both airlines frictionless, single-ticket travel and with through-checked baggage, on select routes, …

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Kano Gov Officially Joins APC Monday

Kano State Governor, Abba Kabir Yusuf, is set to rejoin the ruling All Progressives Congress (APC) on Monday, 26 January 2026. The governor had resigned from the New Nigeria Peoples Party (NNPP) on Friday, after months of negotiations and dithering. Governor Yusuf’s spokesman, Sunusi Bature Dawakin Tofa confirmed his decision …

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