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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, …

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 …

BY BLAISE UDUNZE Despite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful and strong amid triumphal headlines. The figures appeared to signal strength, resilience, and superior management as the Tier-1 banks such as Access Bank, Zenith Bank, GTBank, …

…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 …

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, …

  Sterling One Foundation, in collaboration with the Office of the Vice President of the Federal Republic of Nigeria, the United Nations System, and partners of the Africa Social Impact Summit (ASIS) will convene the ASIS 2026 High-Level Policy Engagement on Wednesday, January 28, 2026, at the State House Conference …

  Leading financial institution, Fidelity Bank Plc has reinforced its commitment to community development and youth empowerment with the donation of educational and hygiene materials to pupils of Wesley Nursery and Primary School in the Makoko Waterfront Community, Lagos, under its Fidelity Helping Hands Programme (FHHP).   The FHHP outreach …

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 …

The Minister of Aviation and Aerospace Development, Festus Keyamo, has mocked the former Kano State Governor, Rabiu Kwankwaso, saying he has “boxed himself into one of the tightest corners in his political career” over what he described as his refusal or indecision to accept an earlier political olive branch from …

Yakubu Dogara, former speaker of the house of representatives, has reacted to speculations about accepting to become President Bola Tinubu’s running mate in the 2027 general election. Dogara made the remarks on Channels Television’s ‘Sunday Politics’ amid speculation that Kashim Shettima, vice-president, may be replaced as Tinubu’s running mate ahead …