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4 hours ago
In a game-changing move for the Nigerian oil sector, Renaissance Africa Energy has reached a groundbreaking agreement with Shell to acquire its entire shareholding in The Shell Petroleum Development Company of Nigeria Limited (SPDC). Renaissance is a consortium consisting of ND Western Limited, Aradel Holdings Plc. the Petrolin Group, FIRST Exploration and Petroleum Development Company…
10 hours ago
Economists and financial experts have projected that Nigeria’s economy will grow at 3.47 per cent if the government focuses on investing in infrastructure that supports manufacturing, export, and small and medium-scale enterprises (SMEs).
10 hours ago
Succor may have come the way of stock market investors who had endured a long period of capital depreciation in insurance stocks as the index emerged the best-performing sector so far in the year, posting a year-to-date (YTD) return of 22.8 per cent.
10 hours ago
The International Monetary Fund (IMF) said almost 40 per cent of jobs globally will be influenced by artificial intelligence (AI), saying advanced economies are expected to experience a higher impact compared to emerging markets and low-income countries.
1 day ago
Femi Otedola, the ever-dynamic Nigerian investor, has electrified the Forbes Nigeria ranks, powering up to the coveted fourth position with a $1.2 billion valuation. This meteoric rise owes much to his strategic play in the energy sector, specifically his controlling stake in Geregu Power Plc. Otedola’s Geregu gambit proved masterful. Holding over 70% of the…
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