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Nigeria discovers 3 mineral deposits in Kaduna
Federal Government has announced the discovery of a major polymetallic mineral province in Kaduna State containing valuable resources including platinum group metals, gold, nickel, copper, lithium and rare earth elements. Minister of Solid Minerals Development, Dele Alake, disclosed the development, Wednesday,…
United Capital acquires 5% equity stake in NGX
Investment firm, United Capital Group has announced the acquisition of a 5 per cent equity stake in the Nigerian Exchange Group (NGX) Plc. The acquisition which was disclosed in a statement issued on Monday, June 15 and signed by the…
Dangote unveils plan for Nigeria’s largest industrial zone in Ondo
President of the Dangote Group, Aliko Dangote, has unveiled plans to develop what is expected to become Nigeria’s largest industrial and free trade zone in Olokola, Ondo State, in a move aimed at accelerating industrialisation, boosting manufacturing and creating thousands…
NCDMB’s oil and gas park to become operational Q4 2026
Fred Ojigebe Industrial operations and sundry manufacturing activities will go live in fourth quarter of the year at the Emeyal-1 Oil and Gas Park conceived and developed by the Nigerian Content Development and Monitoring Board (NCDMB). The infrastructure and facility…
ExxonMobil’s gas project portends over 4% rise in Mozambique’s economy __ Standard Bank
Ziggy Ojiegbe Mozambique’s ambition to become one of the world’s leading liquefied natural gas (LNG) exporters appears to be moving closer to reality, with Standard Bank projecting that the ExxonMobil-led Rovuma LNG project could add more than four percentage points…
UK, Nigeria launch £15m investment, economic growth program
Frank Okon The United Kingdom and Nigeria have launched a new £15 million Growth Programme aimed at unlocking private investment, accelerating economic transformation and supporting Nigeria’s transition to sustained, reform-led growth. The initiative was announced by Baroness Jenny Chapman at…
Seplat Chairmanship cements Elumelu’s rising influence in Nigeria’s strategic sectors
Sopuruchi Onwuka The appointment of renowned investor and entrepreneur Tony Elumelu as Chairman-designate of Seplat Energy Plc marks more than a routine boardroom transition. It represents the latest milestone in the rapid expansion of his influence across Nigeria’s energy landscape…
117 African firms listed on LSE as African investment in London tops £30m
Frank Okon No fewer than 117 African companies are now listed on the London Stock Exchange, more than on any other stock exchange globally, while African businesses have invested over £30 million in London through foreign direct investment in the…
NUPRC: Nigeria’s energy policy goals align with decarbonization
Gas agenda to generate 3 GW of power, support fuel diversification Frank Okon Nigeria’s oil and gas industry may be entering a new phase of growth, as sweeping reforms, rising investor interest, and a stronger push toward energy transition begin…
UK business delegation in Nigeria turns $8.1bn trade ties into deals
The UK has stepped up efforts to convert diplomatic momentum into real business outcomes, sending its first trade and investment mission to Nigeria since the recent State Visit. The move signals a shift from high-level agreements to practical deal-making across…
