Nigerian mogul Wale Tinubu’s Oando competes for acquisition of $15-billion Petrotrin refinery in Trinidad
Nigerian mogul Wale Tinubu's Oando Plc has been shortlisted as one of three final contenders to acquire Trinidad and Tobago's $15-billion Petrotrin refinery, marking a potential major expansion into the Caribbean energy market
Latest
Dangote turns Nigeria into net petrol exporter as refinery output climbs
Aliko Dangote achieved a historic milestone as his refinery turned Nigeria into a net petrol exporter, fundamentally shifting the nation's energy trade dynamics.
Tanzanian billionaire Rostam Aziz's Taifa Gas takes stake in Songo Songo as Orca Energy exits Tanzania
Rostam Aziz's Taifa Gas Tanzania has agreed to acquire a 49 percent stake in the Songo Songo gas field as Canada's Orca Energy exits for $10.
Swiss billionaire Thomas Flohr's VistaJet explores IPO
Thomas Flohr's VistaJet is working with bankers on a potential IPO this year, sending bond prices higher after remarks made to lenders on an earnings call.
Fidelity Bank clears N500 billion threshold as Nneka Onyeali-Ikpe steers recapitalization finish
Fidelity Bank has crossed the CBN's N500 billion capital threshold after raising N259 billion in a single-day private placement, putting its eligible capital at N564.5 billion.