Skip to content
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…
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…
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…
Ibukun Adewale’s Eleve Essentials launches ‘The Eleven’ initiative to spotlight women leaders
Nigeria-born entrepreneur Ibukun Adewale has launched a year-long initiative through her skincare brand, Eleve Essentials, aimed at celebrating women who balance career, motherhood, and community leadership across continents. The initiative, titled “The Eleven,” will run from February through December and…
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…
