San Leon secures $187m investment, becomes majority stakeholder in ELI
San Leon, the Nigeria-focused independent oil and gas exploration giant, has secured a colossal investment of up to $187 million from Tri Ri Asset Management ... Read More
Explosion shocks Nigeria: 37 lives lost in gruesome illegal refinery blast
In a chilling catastrophe that jolted Nigeria, at least 37 individuals tragically perished in an explosion at an illicit oil refinery on Monday. Eyewitness accounts ... Read More
GTBank chooses Infosys Finacle for multi-country digital transformation
Nigeria's prominent Guaranty Trust Bank (GTBank), a subsidiary of Guaranty Trust Holding Company Plc, has opted for Infosys Finacle's Digital Banking Suite for its expansive ... Read More
Eni to sell NAOC Ltd to Oando PLC, reaffirms commitment to Nigeria
Eni, a major player in the oil and gas industry, has announced its agreement with Nigeria's premier indigenous energy provider, Oando PLC. Oando PLC, listed ... Read More
TotalEnergies pulls off Ntokon oil and gas discovery in OML 102, Nigeria
TotalEnergies and its partner NNPC Ltd have pulled off the Ntokon oil and gas discovery in the Oil Mining Lease 102 (OML 102), located off ... Read More
TotalEnergies renews production license for OML130 block in Nigeria
French oil and gas company TotalEnergies has announced the renewal of its production license for the offshore OML130 block in Nigeria. This renewed license grants ... Read More
Shelf Drilling Mentor jack-up rig wins drilling contract in Nigeria
Shelf Drilling said that it has bagged a new contract award from an undisclosed client for drilling operations in Nigerian waters with the Shelf Drilling ... Read More
Nigerian digital healthcare provider Reliance Health raises $40m
Reliance Health, a Nigerian digital healthcare provider, has raised $40 million in a Series B funding round led by growth equity investor General Atlantic. The ... Read More
Airtel Africa gets approval for payment service bank business in Nigeria
Airtel Africa, a provider of telecommunications and mobile money services, said that its subsidiary — SMARTCASH Payment Service Bank Limited has secured approval in principle ... Read More
Hero MotoCorp unveils plans to revive operations in Nigeria
Hero MotoCorp, an Indian manufacturer of motorcycles and scooters, has revealed plans to revive its operations in Nigeria. In this connection, the Indian automobile company ... Read More