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News - Page 874

Renaissance Taps 13 Banks for $4.1 Billion Nigerian Oil Contractor Funding

October 16, 2026

Renaissance Africa Energy has secured financing commitments from 13 banks for a $4.1 billion dollar-denominated portfolio and a separate ₦435 billion facility to support indigenous oil and gas contractors as the company

Africa·News·Top Stories

Kenya Bolsters Lamu Security as Dangote Refinery Project Advances

October 16, 2026

Kenya’s military has called for heightened vigilance to protect strategic infrastructure in coastal Lamu as a proposed $16 billion refinery by Nigerian industrialist Aliko Dangote advances, following a court ruling that lifted

News

New NCDMB Boss Visits NUPRC, NIACOM, Outlines Collaboration Opportunities

Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday visited the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe and the Commissioner for Insurance of the National Insurance Commission

January 9, 2024

News·Sports

FA Cup: Man City Versus Tottenham Headlines Fourth Round Clashes

Manchester City have been handed a relatively tough draw in the fourth round of the FA Cup with North London side Tottenham Hotspur their opponent for the tie slated to hold on January 27

January 9, 2024

Naira Falls To ₦1,530/$ At Official Market After Public Holiday

Business News·Currency·News

Naira Dips To N1,245/$1 In Unofficial Market Amid CBN’s Effort

In a twist of currency dynamics, the naira faces a tale of two markets as its value fluctuates to N1,230/$1 and N1,245/$1, driven by unofficial P2P and physical black markets despite Nigeria’s apex bank interventions. Despite efforts by the Central Bank of Nigeria

January 9, 2024

Business News·News

Globacom Denies Owing MTN Interconnect Charges, Calls Disconnection Notice False

In a twist to the ongoing narrative, Globacom Ltd, Nigerian Telecommunications Company, refuted claims of indebtedness to MTN for interconnect charges. A reliable source within Globacom disclosed that the purported outstanding amount of N1.6 billion had indeed been settled without any dispute.

January 9, 2024

I Was Awake Until 3am So 400,000 NPower Beneficiaries Can Be Paid Before Christmas Minister

Business News·News

Just In: Betta Edu Arrives EFCC HQ Over N585 Million Alleged Fraud

In a development, the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, has made an appearance at the Economic and Financial Crimes Commission (EFCC) headquarters. This move comes in response to an invitation extended by the EFCC in connection to

January 9, 2024

News

NPA Calls For Suspension Of Impending Strike, Appeals For Peace Among Maritime Workers

Managing Director of the Nigerian Ports Authority, mediated between the Maritime Workers Union of Nigeria (MWUN) and oil industry operators.

January 9, 2024

News

Israel-Hamas War: Hezbollah Strikes Israeli Air Traffic Control Base Amid Escalating Tensions

In a turn of events, Hezbollah struck an air traffic control base in northern Israel, escalating tensions in the region. The Israeli military revealed the strike and cautioned of the potential for another war with the Iran-backed group. Secretary of State Antony

January 9, 2024

Business News·News

EFCC’s Invasion Of Dangote Group Office May Scare Away Potential Foreign Investors – MAN DG

The Manufacturers Association of Nigeria (MAN) has berated the Economic and Financial Crimes Commission (EFCC) for the invasion of Dangote Group Limited's office in Lagos last week.

January 9, 2024

News·Sports

Injury Rules Out Victor Boniface From 2023 AFCON, Replaced By Moffi

Super Eagles' quest to win a fourth Africa Cup of Nations in Cote d'Ivoire took a hit on Monday evening as striker Victor Boniface will miss the 2024 Africa Cup of Nations in Cote d'Ivoire following the hamstring injury he picked up

January 9, 2024

News·Sports

Colombia 2024: Danjuma Picks 19 Players To Face Burundi In Dar es Salaam

Super Falconets head coach Musa Danjuma has named 19 players for the FIFA U-20 Women’s World Cup final qualifying fixture, first leg game against Burundi in Dar es Salaam, Tanzania on Sunday, reports Prime Business Africa.

January 9, 2024

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China, North Korea Open Long-Delayed Bridge to Facilitate Trade

China and North Korea opened a long-delayed border bridge on

Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

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News - Page 874

Renaissance Taps 13 Banks for $4.1 Billion Nigerian Oil Contractor Funding

Kenya Bolsters Lamu Security as Dangote Refinery Project Advances

New NCDMB Boss Visits NUPRC, NIACOM, Outlines Collaboration Opportunities

FA Cup: Man City Versus Tottenham Headlines Fourth Round Clashes

Naira Dips To N1,245/$1 In Unofficial Market Amid CBN’s Effort

Globacom Denies Owing MTN Interconnect Charges, Calls Disconnection Notice False

Just In: Betta Edu Arrives EFCC HQ Over N585 Million Alleged Fraud

NPA Calls For Suspension Of Impending Strike, Appeals For Peace Among Maritime Workers

Israel-Hamas War: Hezbollah Strikes Israeli Air Traffic Control Base Amid Escalating Tensions

EFCC’s Invasion Of Dangote Group Office May Scare Away Potential Foreign Investors – MAN DG

Injury Rules Out Victor Boniface From 2023 AFCON, Replaced By Moffi

Colombia 2024: Danjuma Picks 19 Players To Face Burundi In Dar es Salaam

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Renaissance Taps 13 Banks for $4.1 Billion Nigerian Oil Contractor Funding

Kenya Bolsters Lamu Security as Dangote Refinery Project Advances

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China, North Korea Open Long-Delayed Bridge to Facilitate Trade

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UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Renaissance Taps 13 Banks for $4.1 Billion Nigerian Oil Contractor Funding

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