Advancements >>>
Advancements >>>
Paystack plots broader financial service range
Ziggy Ojiegbe Paystack, a leading digital payments company with a strong footprint in Nigeria’s financial services market, is planning to expand beyond payments into retail banking and consumer finance as unmet demand continues to create new growth opportunities across the…
Flutterwave acquires Mono in rare African fintech buyout
Ziggy Ojiegbe Flutterwave, Africa’s largest fintech company, has acquired Nigerian open banking startup Mono in an all-stock transaction valued between $25 million and $40 million, according to people familiar with the deal. The acquisition brings together two of the continent’s…
Heirs Energies to drive long-term growth with $750m
Sopuruchi Onwuka Heirs Energies Limited has secured a $750 million financing from the African Export–Import Bank (Afreximbank), marking one of the largest funding transactions ever obtained by an indigenous African energy company. According to Heirs Energies, the Afreximbank facility will…
Dangote Refinery increases petrol price by N100 to N839 per Litre
Admits poor price reduction management by MRS retail outlets Sopuruchi Onwuka Dangote Petroleum Refinery & Petrochemicals has announced an increase in loading price for the Premium Motor Spirit (PMS) popularly called petrol at its gantries, indicating a N100 jump in…
NIES: Ojulari to lead investor-focused fireside chat on Nigeria’s energy future
Sopuruchi Onwuka The Group Chief Executive Officer of NNPC Limited, Mr. Bashir Bayo Ojulari, will headline a high-level, investor-focused fireside chat at the 9th edition of the Nigeria International Energy Summit (NIES) 2026, reinforcing Nigeria’s commitment to energy security, market…
REA, Lotus Bank to launch dedicated renewable energy financing facility
Sopuruchi Onwuka The Rural Electrification Agency (REA) and Lotus Bank have agreed to deepen their collaboration on renewable energy financing in Nigeria, marking a shift from project-based support to a structured, large-scale funding framework. The decision followed a high-level meeting…
NIES: Ojulari to lead investor-focused fireside chat on Nigeria’s energy future
Sopuruchi Onwuka The Group Chief Executive Officer of NNPC Limited, Mr. Bashir Bayo Ojulari, will headline a high-level, investor-focused fireside chat at the 9th edition of the Nigeria International Energy Summit (NIES) 2026, reinforcing Nigeria’s commitment to energy security, market…
Rising hunger and displacement pose growing economic risk, UN tells Davos
Ziggy Ojiegbe As global leaders gather at the World Economic Forum in Davos this week, United Nations agencies are warning that rising hunger and displacement are not only humanitarian emergencies but growing threats to global economic stability. The UN World…
China fronts renewables as energy consumption surges to new records
Ziggy Ojiegbe China’s energy consumption continued to rise across the board in 2025, with strong growth recorded in power generation, coal output and petroleum, alongside a sharp expansion in renewable energy. Reports reviewed by Oracle Intelligence show that China now…