BUSINESS

BY KAYODE AKINMADE For more than three decades, the Olokola Liquefied Natural Gas project remained largely a promise on paper. Now, renewed discussions between the Ogun State Government and the Nigerian National Petroleum Company Limited (NNPC) are placing the stalled project at the centre of a broader plan to transform …

ABEOKUTA, OGUN STATE, NIGERIA – Ogun State and the Nigerian National Petroleum Company Limited (NNPC) have opened discussions on the revival of the long-delayed Olokola Liquefied Natural Gas (OKLNG) project in Ogun Waterside, adding a major energy component to the emerging $7 billion maritime and industrial development taking shape along …

NAIROBI, KENYA – Dangote Petroleum Refinery has achieved a significant operational milestone, recording an average capacity utilization of 105.21 percent in August 2026, according to data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The 700,000 barrels-per-day refinery processed an average of 736,470 barrels of crude oil …

LAGOS, LONDON – September 28, 2026: Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2026, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group posted a profit before tax of …

NEW YORK/GENEVA/Accra – The International Trade Centre (ITC) and The Access Africa Office, the coordinating office for the African subsidiaries of Access Bank Plc, one of Africa’s leading pan-African financial institutions, establish a new partnership to boost access to finance for small and medium-sized enterprises, and increase access to markets …

…Dedicates Honour to Drivers, Safety Professionals and Industry Stakeholders LAGOS, NIGERIA – Dangote Cement Transport has been honoured with the Champion of Transport Industry Development Award by the Transport Correspondents Association of Nigeria (TCAN) in recognition of the company’s contributions to advancing road transport operations, safety standards and logistics efficiency …

BY KAYODE AKINMADE The signing in Paris may have taken place around a table, with documents exchanged and signatures appended, but the significance of what Ogun State and its partners have set in motion extends far beyond the ceremony. The Memoranda of Understanding signed by the Ogun State Government and …

LAGOS, NIGERIA – SEPTEMBER 18, 2026: Oxygen X Finance Company has takenits “Right Where You Are” campaign to CMS and Obalende markets in Lagos, engaging traders, small business owners, and other Nigerianswhere they work and do business. The activation enabled the Oxygen X team to speak directly with traders about …

HARLEM, NEW YORK, USA – President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has reaffirmed the Dangote Group’s unwavering commitment to Africa’s industrial transformation, wealth creation, and long-term economic development, stating that the ongoing Dangote Petroleum Refinery Initial Public Offering (IPO) represents a unique opportunity for Africans to …

LAGOS, NIGERIA – President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has reaffirmed his commitment to making the ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery a truly “People’s IPO,” assuring retail and small investors that they will receive priority allocation should the offer become oversubscribed Dangote …