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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 […]

Tinubu: Stronger corporate governance key to unlocking capital for African businesses

Tinubu: Stronger corporate governance key to unlocking capital for African businesses

By Adesina Wahab The Group Chief Executive, Oando Plc; Jubril Adewale Tinubu, has that African businesses must strengthen corporate governance, transparency and institutional structures if they are to attract the long-term capital required to scale globally. Tinubu, who spoke during a discussion organised by the Royal African Society in London on the future of mining, […]

Accesstech urges JAMB Registra to reintroduce computer-based testing for blind

Accesstech urges JAMB Registra to reintroduce computer-based testing for blind

Mr. Opeolu Stephen Akinola, CEO and co-founder of Accesstech Innovation and Research Centre GTE Ltd., today congratulated Professor Segun Aina on his appointment as the new Registrar and Chief Executive of the Joint Admissions and Matriculation Board (JAMB). In a statement issued in Lagos, Akinola expressed his enthusiasm that the new JAMB boss belongs to […]

Dollar to Naira exchange rate today, August 19, 2026

Dollar to Naira exchange rate today, August 19, 2026

The Nigerian naira remained relatively firm against the United States dollar on Wednesday, August 19, 2026, with the currency trading around the N1,350 per dollar level at the official Nigerian Foreign Exchange Market (NFEM), while the parallel market maintained a wider spread.