By Udeme Akpan, Energy Editor The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has threatened to revoke petroleum prospecting licences (PPLs) whose holders fail to meet their statutory work commitments, giving affected operators until October 31, 2026 to disclose challenges delaying the development of their acreages. The warning covers holders of licences awarded under the 2020 […]

‎‎By Rosemary Iwunze‎‎Preparations for the 2026 Almond Insurance Industry Awards are in top gear as the organizers are leaving no stone unturned to live up to its billing, as Insurance biggest night. ‎The company Almond Productions Limited in a statement signed by the Chief Executive Officer, Ms. Kesiena Faith Ughwode unveiled some of the guest […]

By Tunde Oso Nigerian Bottling Company (NBC) Ltd, a member of the Coca-Cola HBC Group, has marked its 75th anniversary in Nigeria with a gala event held at the Conference Centre, Abuja. Reflecting on the company’s origin, Anastassis G. David, Chairman of Coca-Cola HBC, said: “In 1951, Anastasios Leventis negotiated the rights for the whole […]

Oye said the size of the capital inflow should not be mistaken for evidence that the Nigerian economy was attracting sufficient long-term productive investment

The Capital Markets Authority, CMA, of Rwanda has commenced discussions with relevant stakeholders to facilitate the participation of Rwandan investors in the initial public offering, IPO, of Dangote Petroleum Refinery. The regulator, in a statement on Wednesday, said it had observed strong interest in opportunities offered by capital markets and was working to facilitate participation […]