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Falcon Corporation bags ‘A’ rating on strong cash flow, gas demand
Sopuruchi Onwuka Frontline indigenous gas distribution player, Falcon Corporation Limited, has secured an “A” long-term and “A1” short-term corporate credit rating with a stable outlook from Agusto & Co., Africa’s foremost credit rating agency. The rating was announced in Lagos…
Lagos to establish West Africa’s 1st international financial centre
Sopuruchi Onwuka Lagos State is set to establish West Africa’s first International Financial Centre following the launch of a landmark report by TheCityUK in collaboration with the UK Government, the Lagos State Government, the Lagos International Financial Centre Council, and…
NCDMB-ACFTA Summit: Stakeholders demand free movement, harmonized policies
Sopuruchi Onwuka Investors and stakeholders in Africa’s petroleum and allied industries on Monday urged governments across the continent to ease cross-border movement of goods and services to enable businesses fully realize the objectives of the African Continental Free Trade Area…
Religious leaders meet in Lagos over attacks as Pope mourns victims
Sopuruchi Onwuka Senior religious and traditional leaders converged on Lagos over the weekend amid growing concerns over rising religious and ethnic tensions in Nigeria, as President Bola Tinubu was reported to be consulting key stakeholders across the country. The meetings…
Shell honored for best oilfield development projects at NIES
Sopuruchi Onwuka Shell Nigeria Exploration and Production Company Limited (SNEPCo) has been honored with the award for Best Oilfield Development Projects at the 9th Nigeria International Energy Summit (NIES), held in Abuja. Corporate Communications Manager, Gladys Afam-Anadu, stated that the award…
UN demands Sahel, West African nations to stamp out ISIL affiliates
Sopuruchi Onwuka Sahel and West African countries have been urged to take decisive, coordinated action rooted in the rule of law to eliminate ISIL-affiliated terrorist groups operating within their borders, as the threat posed by the extremist organization continues to…
WIEN celebrates Akpedeye, commends Aradel on board appointment
Sopuruchi Onwuka Women in Energy Network (WIEN), a leading gender equity advocacy group in the energy sector, has expressed excitement over the appointment of Ms. Nnoli Akpedeye to the Board of Aradel Holdings Plc. The group also commended the Board…
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…
BHC welcomes 99 Nigerian Chevening and Commonwealth scholars home
Sopuruchi Onwuka The British High Commission (BHC) has announced the return of 99 Nigerian graduates of the Chevening and Commonwealth Scholarship programs who recently completed postgraduate studies in the United Kingdom. Of the returning scholars, 30 were Chevening Scholars, while…
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…
