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Axxela retains “A-” corporate credit rating by Agusto & Co
A leading energy solutions providers in Sub-Saharan Africa, Axxela Limited (Axxela), has retained its “A-” corporate credit rating by Agusto & Co. for the second year running. Following a successful corporate rating report, the rating agency affirmed the “A-” rating…
African Business Roundtable, Afreximbank conclude online masterclass
The African Business Roundtable (ABR) and the African Import-Export Bank (Afreximbank) have rounded off the coordinated Project Preparation Masterclass webinar for businesses in the continent. The masterclass which held last week was designed to bring business projects to fruition. According…
Seplat cleared for $1.6 bn MPNU acquisition
Sopuruchi Onwuka Indigenous energy independent multinational, Seplat Energy Plc, is finally on its way to become a major player in the Nigerian petroleum industry following eventual ministerial approval for the company to proceed with acquisition of a local upstream affiliate…
Nord Stream 1: Russia goads Europe with high gas prices
Sopuruchi Onwuka International prices for natural gas surfs highest levels in the energy market as Europe remains in limbo over its gas supply deals with highly isolated and angry Russia which is strongly asserting its status as a world economic…
Revenue windfall: Shell pays 8% salary bonus to employees
Shell Plc has given the vast majority of its employees a bonus equivalent to 8% of their annual salary as earnings surge to historic highs. “In recognition of the contribution our people have made to Shell’s strong operational performance against…
Buhari’s govt owes $47 Billion to the Nation’s Central Bank
Nigeria said it owes 20 trillion naira ($47 billion) to its central bank and the obligations are yet to be added to the African nation’s outstanding public debt, according to a report by the budget office. The debt figure is…
Black Italians protest racism in Ogochukwu’s brazen daylight killing
Propaganda around the death was “ruining the reputation of the city.” Black Italians marched through a well-to-do Adriatic beach town Saturday demanding that authorities reverse themselves and recognize the role of race in the brutal daylight killing of a Nigerian…
US queues up with 7 countries to buy Indian fighter jets
World’s military super power, the United States, is surprisingly in line to buy Indian made single engine fighter aircraft after the Asian nation offered to sell units of its light combat aircraft called Tejas. Indian defence ministry announced weekend that…
Amazon Prime Video opens Naira services for Nigerian streamers
Amazon Prime Video has ordered the Nigerian originals “Gangs of Lagos” and “LOL: Last One Laughing Naija,” and opened up local currency services for the platform in the country. The pair of productions marks the first originals for Prime Video…
Breakup: Pete Davidson ‘totally exhausted Kim Kardashian’
Sopuruchi Onwuka, with agency reports Kim Kardashian and Pete Davidson have broken up, local celebrity newspapers reported on Saturday, quoting sources close to the couple as emphasizing that the split between Pete and former wife of Kanye West was amicably…
