Burkinabe finance tycoon Simon Tiemtore completes acquisition of Saham Assurances Niger
Vista Group says it has bought Saham Assurances Niger and will relaunch it under the Vista name as it builds a West African insurance network.
Central & West Africa
Billionaire Femi Otedola predicts stronger naira as Dangote Refinery reaches full capacity
Investor Femi Otedola believes the naira may strengthen significantly as Dangote Refinery’s full-scale operations reduce fuel imports and ease forex pressure
SIFAX Chairman Taiwo Afolabi drives ports and cargo turnaround after strategic reset
SIFAX Chairman Taiwo Afolabi has steered Ports and Cargo back to growth after restructuring stevedoring operations and refocusing on general cargo.
Tony Elumelu's UBA overhauls agency network to capture Nigeria’s booming POS market
UBA rolls out a new aggregator framework and RedPay incentives to expand agency banking and deepen its digital payments footprint.
Africa's richest man Aliko Dangote hails customers as the foundation of his business empire
Dangote tells partners that customer loyalty remains the foundation of the group’s expansion, supply chain upgrades and profit growth.
Sam Darwish's IHS Towers exits Brazil Fibre market in $452 million Deal
IHS Towers CEO Sam Darwish has signed a deal to exit Brazil fibre market, selling a majority stake in I Systems for $452.6 million.
Conoil records weakest profit in five years as borrowing costs grow
Conoil records its weakest profit in five years as surging finance costs and slowing fuel sales weigh heavily on earnings.
Billionaire Femi Otedola applauds Dangote as refinery hits full capacity
Femi Otedola has praised Aliko Dangote after the refinery reached 650,000 barrels per day, calling the milestone transformational for Nigeria economy.
BUA Foods names Khalifa Rabiu head of global procurement and operations
BUA Foods has appointed Khalifa Rabiu to lead global procurement and operations, reinforcing its focus on supply chain efficiency and operational performance
Tetracore, led by energy tycoon Olakunle Williams, expands CNG network with 60,000 SCMD Auto CNG facility
Tetracore Energy has commissioned a 60,000 SCMD auto CNG facility in Ogere, Ogun State, advancing cleaner transport infrastructure under the leadership of energy tycoon Olakunle Williams
Aiteo wins rare Libya exploration license as Tripoli opens door to foreign drillers
Aiteo won a Murzuq basin exploration license in Libya’s first bid round since 2007, joining winners that included Chevron, Eni and QatarEnergy.
Aliko Dangote's refinery sets world record with 650,000 bpd output
Dangote Refinery reaches 650,000 barrels daily, setting a single train record and reshaping Nigeria’s fuel supply landscape.
Rainoil Founder Gabriel Ogbechie Pushes Pipeline Revival and Fair Fuel Pricing Reform
Rainoil founder Gabriel Ogbechie has urged Nigeria to revive its pipeline network and adopt fair pricing to drive sustainable growth in the energy sector.
Abdul Samad Rabiu Urges Africa to Shift From Extraction to Industrial Processing
BUA founder Abdul Samad Rabiu has called on African governments and financiers to move from raw exports to large scale industrial processing.
Dangote Refinery reduces petrol price to ₦774/Litre
Dangote’s refinery has reduced petrol price to ₦774 per litre, reinforcing its growing influence over Nigeria’s fuel supply and pricing dynamics
Oil tycoon Ahonsi Unuigbe’s Petralon appeals Dawes Island ruling as Africa Energy Chamber warns on investor confidence
Petralon’s Ahonsi Unuigbe is contesting a Dawes Island court ruling as NJ Ayuk’s Africa Energy Chamber warns it could deter investment.