Advancements
Advancements >>>
Advancements >>>
GuarantCo backs $75m cashew processing plant in Ogun to boost local value addition
Sopuruchi Onwuka The British High Commission (BHC) has declared that GuarantCo, part of the Private Infrastructure Development Group (PIDG), provided a 100 per cent guarantee to support a $75 million debt facility for Robust International Pte Ltd to construct a…
Sterling HoldCo sustains profit momentum with 99% pbt growth
Sopuruchi Onwuka Sterling Financial Holdings Company Plc (Sterling HoldCo) has sustained its profit momentum, posting a 99 per cent year-on-year increase in profit before tax (PBT) for the year ended December 31, 2025, driven by strong revenue growth, improved operational…
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…
Renaissance wins Energy Deal of the Year at NIES 2026
Renaissance Africa Energy Company on Tuesday night won the Energy Deal of the Year for 2025 at the Awards Night of the 2026 Nigeria International Energy Summit (NIES) in Abuja. The award recognises the company’s $2.4 billion acquisition of Shell’s…
NCDMB pledges enduring support for APPO, Africa Energy Bank
The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its strong support to the African Petroleum Producers Organization (APPO) and its newly established financial institution – the Africa Energy Bank (AEB). The Executive Secretary of NCDMB, Engr. Felix Omatsola…
NCDMB webinar creates pathway to $3.4trn African energy market
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has outlined a practical pathway for positioning Nigeria’s energy sector to access the $3.4 trillion African Continental Free Trade Area (AfCFTA) market, following a strategic webinar focused on meeting rules-of-origin…
Renaissance wins Energy Deal of the Year at NIES 2026
Renaissance Africa Energy Company on Tuesday night won the Energy Deal of the Year for 2025 at the Awards Night of the 2026 Nigeria International Energy Summit (NIES) in Abuja. The award recognises the company’s $2.4 billion acquisition of Shell’s…
NCDMB pledges enduring support for APPO, Africa Energy Bank
The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its strong support to the African Petroleum Producers Organization (APPO) and its newly established financial institution – the Africa Energy Bank (AEB). The Executive Secretary of NCDMB, Engr. Felix Omatsola…
NCDMB webinar creates pathway to $3.4trn African energy market
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has outlined a practical pathway for positioning Nigeria’s energy sector to access the $3.4 trillion African Continental Free Trade Area (AfCFTA) market, following a strategic webinar focused on meeting rules-of-origin…