…funding strategy, noting that it was its first equity capital raise involving external investors beyond its legacy shareholder base. “The offering marks a significant milestone in advancing its long-term funding strategy and the continued development of African capital markets,” the statement added. Dangote Petroleum R…

…and implementation are the twin pillars of Nigeria’s energy transition, noting that investors are attracted more by policy certainty than by a country’s energy needs.” Capital follows credibility, not need alone,” she added, describing Nigeria’s vast gas reserves as central to industrialisation, manufacturing, clean co…

…sector. Unresolved allegations and premature conclusions create uncertainty and scare investors. Transparent, fair and professional investigations build confidence. By handling the matter with maturity, Dankwambo reassured both Nigerians and the international community that Nigeria’s oversight institutions can be firm…

…their bid. According to Sky Sports, Initial talks between Bezos and a syndicate of investors led by British-Indian millionaire businessman Amit Bhatia have been held. Reports suggest that Bezos has not made any decision on adding a share of the Premier League club to his £192billion empire. The Liverpool consortium is…

…According to the July FGN Bond Auction results released by the DMO yesterday, investors submitted bids worth N1.74 trillion for bonds valued at N1.2 trillion, while total allotments declined by 23.8 percent to N929.32 billion in July, from N1.22 trillion allotted in June. Three instruments were offered during the aucti…

…while a pre-bid conference was held on January 14, 2026, in Lagos to guide prospective investors on the bidding requirements. Registration and prequalification submissions closed on February 27, 2026, with the prequalification process completed on March 16. Under the licensing guidelines, winning bids are determined th…

…dismissed. The Winhomes CEO also renewed her call for compensation, saying she and other investors had committed significant resources to Nigeria after encouraging diaspora and foreign investors to invest in the country. She expressed concern that the experience had undermined investor confidence, noting that many inve…

…case for Nigeria’s offshore acreage is made as compellingly as it can be and that investors have the data quality they need to make decisions with confidence.” The commission is addressing regulatory friction that has historically increased costs and complexity in upstream operations. A new framework with the Nigerian…

…have also stepped in to produce sugar, alongside other reputable Nigerian and foreign investors participating in the backward integration programme.” Bakrin further disclosed that the council had secured a $1 billion line of credit from a Chinese group. “We have secured a $1 billion line of credit from a Chinese group.…

Kenya's Ministry of Information said its ICT Authority detected a cybersecurity incident affecting the official presidential websiteThe government temporarily restricted access to the presidential website to allow forensic investigations to proceedCabinet Secretary William Kabogo Gitau confirmed government systems rema…

…litres of production on a daily basis, and it has also exposed this opportunity to other investors that the refining space is quite a big space that they should go into. Going forward, the refining hub in Africa is going to open up, and in another five to ten years’ time, we would see a good number of refineries spring…

…to Reuters.Dangote Secures $2.5bn in Private Placement Ahead of Historic Refinery IPO, Investors Rush in>The transaction involved an initial $2 billion share sale, followed by an additional $500 million, with much of the funding coming from regional institutional investors.From breaking news to viral moments. Follow Le…

…that could later be used to deceive individuals, financial institutions and prospective investors. Ogunye also dismissed claims that the Chief of Staff benefited from the alleged scheme, stating that Gbajabiamila had consistently maintained that he neither knew nor had any dealings with Adeyemi. He added that a public…

…tour of duty, noting that despite security challenges, Plateau had continued to attract investors, tourists and visitors. He assured the incoming GOC of the state government’s full cooperation and urged him to build on the achievements of his predecessor while strengthening civil-military relations. Earlier, Oyinlola d…

…became reality, demonstrating that ideas developed in Lagos could attract global investors. Building systems, not just companies Asked about the secret behind building billion-dollar businesses, Aboyeji did not point to funding or luck. “It’s all about systems,” he said. He recalled advice from one of his billionaire m…

…have won N30, 000, 000, 000. 00 (Thirty Billion Naira) in Baba Ijebu lotto game and that investors in your investment scheme will receive dividends according to their investments, which pretence you knew to be false and you thereby committed an offence".The offence is contrary to Section 1 (1) (a) of the Advance Fee Fr…

…held recently in Togo. The minister said trade could not thrive where entrepreneurs and investors faced movement restrictions, adding that easier movement of people, goods and investments remained crucial to unlocking opportunities under the AfCFTA. She told NAN that the government was committed to ensuring barriers hi…

…including scrapping a fuel subsidy and liberalising the naira, applauded by lenders and investors, are translating into broader gains for Nigerians after driving up inflation and living costs. Recall that the International Monetary Fund (IMF) said in June that ‘ the reforms were improving investor confidence and econom…

…an oversubscription of 3.43%.The Series II Offer attracted strong participation from 22 investors, including 12 Pension Fund Administrators (PFAs). Notably, 78% of the capital raised came from PFAs, while the balance was from High-Net-Worth Individuals (HNIs), corporate investors, and FCMB Asset Management Limited (FCM…

…Coordinating Minister of the Economy and Minister of Finance, Dr Taiwo Oyedele, assured investors that Nigeria had entered “a new phase of economic stability capable of supporting long-term investment, productivity and job creation.” In his welcome remarks, the Publisher and Editor-in-Chief of BusinessDay, Frank Aigbog…

…security gains despite persistent challenges. He said the state had continued to attract investors and visitors despite reports of insecurity, attributing the progress partly to the military’s efforts. “There were difficult moments, but we also recorded significant successes, both kinetic and non-kinetic. If not for yo…

…Abuja Global oil prices eased by 0.82 per cent to $84.24 per barrel on Wednesday as investors took profits after the previous day’s sharp rally, although renewed military confrontation and escalating rhetoric between the United States and Iran continued to underpin fears of disruptions to global crude supplies. Brent c…

…Wellington, Taipei, Mumbai and Bangkok fell. London, Paris and Frankfurt opened lower. Investors are looking ahead to a big week, with earnings season about to kick off, Fed boss Kevin Warsh due to testify in Congress and US inflation data set to be released. Meanwhile, Fed governor Christopher Waller stoked concerns o…

…results. The government also significantly increased the amount of bonds offered to investors during the review period. Between January and June 2026, it offered N4.95tn worth of bonds, compared with N1.85tn in the corresponding period of 2025. This represents an increase of N3.10tn, or 167.6 per cent, reflecting a mor…

…that there will be absolutely no reduction in the total number of issued shares held by investors. Furthermore, once the accumulated losses are eliminated, the board intends to execute a secondary reorganisation of the Share Premium Account. This phase will enable the company to return excess capital directly to its sh…