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Dangote Group signed a $400 million equipment agreement with China’s XCMG, aiming to speed refinery expansion and scale petrochemicals and fertilizer output.
Abdul Samad Rabiu has climbed to fourth place among Africa’s richest individuals after his wealth surged to $11.3 billion
BUA Group signs MoU with AD Ports Group and MAIR Group to develop sugar refining and logistics hub in UAE
Aliko Dangote refinery supplied 62 percent of Nigeria petrol demand in January 2026, overtaking imports in a major energy milestone.
Flutterwave CEO Olugbenga Agboola joined a $22 million round for Terra Industries, a Nigerian defense tech startup expanding into high risk Sahel markets.
Amni says a court order in its Cenroc dispute does not place the firm in receivership and insists operations continue normally.
Globacom donated N1 billion to the Lagos State Security Trust Fund, a major boost tied to founder Mike Adenuga’s long record of big giving.
Femi Otedola toured the Dangote refinery and said capacity could expand to 1.4 million barrels a day, calling the project “history made.”
A report says Jeffrey Epstein explored a Nigerian crude deal in 2010 but pulled back, telling an associate he feared being defrauded.
Tony Elumelu says President Bola Tinubu pledged faster power reforms and stronger support for entrepreneurs as Nigeria works to steady the economy.
IFC is weighing an $8 million stake in Aruwa Capital Fund II, boosting Adesuwa Okunbo Rhodes’ push to finance women focused SMEs in West Africa.
A Lagos court appointed an administrator over Amni Petroleum assets in a debt dispute, a move the company says is being challenged.
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.
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 has steered Ports and Cargo back to growth after restructuring stevedoring operations and refocusing on general cargo.
UBA rolls out a new aggregator framework and RedPay incentives to expand agency banking and deepen its digital payments footprint.