
Mike Adenuga warns MTN-Airtel deal could harm fair competition in Nigeria
He warned that granting MTN additional spectrum could distort the market, reduce competition, and ultimately raise costs for consumers.
He warned that granting MTN additional spectrum could distort the market, reduce competition, and ultimately raise costs for consumers.
Coris Bank secures $7.6 million guarantee to boost trade in Chad, addressing supply gaps and supporting local industries for long-term economic growth.
This strategic move strengthens Aradel’s upstream portfolio and advances its multi-field cluster development strategy in the Niger Delta.
This dividend, which will be paid on September 25, is the lion’s share of the proposed N234 billion ($152.43 million) payout for the year.
The payout reflects the pharmaceutical group’s focus on rewarding investors following an impressive financial performance in 2024.
The agreement strengthens Oando’s presence in Nigeria’s oil and gas sector and deepens its long-standing partnership with Afreximbank.
Aradel reports record earnings, raises dividends, and expands its asset base through strategic acquisitions, strengthening its position in Nigeria’s energy sector.
The growth was fueled by higher sales of Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), Aviation Turbine Kerosene (ATK), and lubricants.
Djondo’s legacy extends beyond banking, his vision for economic integration has reshaped finance and aviation across Africa.
The move follows her involvement in a $1.8 billion oil project with Global Petroleum Group (GPG) to develop oil and gas resources in offshore blocks near Grenada.
Malian-born Seydou Kane built a thriving business empire in Gabon across real estate, finance, and trade, while fostering diplomatic and philanthropic ties.
This highlights the leading lender’s robust financial discipline and commitment to maximizing shareholder value.
Zenith Bank reports strong $670 million profit, strengthens position among Africa’s most profitable lenders
Beyond the local market, the refinery has expanded its reach across Africa, supplying diesel and aviation fuel to Cameroon, Angola, Ghana, and South Africa.
As the founder and chairman of Zenith Bank, Ovia holds a 16.2-percent stake, totaling 5,082,800,739 shares.
This expense was part of the $445 million classified under “other operating expenses” in 2024, an increase from $242.7 million the previous year.