Africa needs $200bn yearly energy investment — IPPG
•Africa Energy Bank to start operations in October — Farouk By Udeme Akpan Africa needs more than $200 billion annually in energy investment by 2030 to develop oil and gas, expand electricity generation and distribution, and grow clean energy, Chairman of the Independent Petroleum Producers Group (IPPG), Adegbite Falade, has said. Falade, who spoke yesterday at […]
₦5m, ₦10m Zero-interest Loans: SheVentures opens applications for women entrepreneurs
First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth. The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to […]
Jim Ovia steps down as Zenith Bank chairman
Zenith Bank has confirmed the retirement of its founder and group chairman, Jim Ovia, following the completion of his tenure in line with regulatory requirements.
Dangote never requested funding from Elumelu, Adenuga, myself for refinery – Otedola
“Reports claiming that Femi Otedola funded the Dangote Petroleum Refinery are completely and utterly false. He has not invested a single kobo,” he said.
Dangote slams false claims on refinery financing, ‘rift’ with Elumelu
Dangote Group has dismissed as false and malicious a publication alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu, describing the report as entirely baseless.
Stock investors reap N26.5trn in April, market cap hits N155.7trn
By Peter Egwuatu The Nigerian stock market ended April 2026 on a bullish note last week, as strong buying momentum across key sectors lifted the performance indicators of the Nigerian Exchange Limited (NGX), with investors recording N26.487 trillion in gains during the month. The market was driven by renewed institutional interest in high-cap and fundamentally sound […]
