Dangote Refinery IPO gets $1bn underwriting backing from Marob, Lilium

Dangote Refinery IPO gets $1bn underwriting backing from Marob, Lilium

By Udeme Akpan  Dangote Petroleum Refinery & Petrochemicals FZE, DPRP, has secured $1 billion in underwriting backing from Marob Strategies and Consulting DIFC Ltd and Lilium Capital Group ahead of its planned initial public offering, IPO. The $1 billion programme comprises a completed and funded $600 million private placement and a $400 million underwriting commitment for […]
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US lifts 12-year entry restriction on Nigerian vessels

US lifts 12-year entry restriction on Nigerian vessels

By Godwin Oritse The United States Coast Guard (USCG) has lifted the Condition of Entry (CoE) imposed on vessels arriving in the United States from Nigeria, ending a 12-year regime of enhanced security requirements on ships calling at Nigerian ports. The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, announced the development, describing it […]

2027: INEC lists challenges ahead of polls

2027: INEC lists challenges ahead of polls

By Omeiza Ajayi ABUJA — The Independent National Electoral Commission, INEC, has identified security risks, localised electoral violence, vote-buying, hate speech, disinformation and Foreign Information Manipulation and Interference, FIMI, as major threats to the credibility of the 2027 general elections. The Chairman of the Commission, Prof. Joash Amupitan, SAN, disclosed this on Tuesday in Abuja […]