Fidson Healthcare’s share offering aims to capitalize on recent financial growth and strategic initiatives.
Nigerian tycoon
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Afriland Properties unveils 13 luxury apartments in Ikoyi, Lagos, aiming to address housing needs across income levels.
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The recent decision comes amid a challenging macroeconomic environment, diminished profit margins, and rising operating costs.
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Aradel Holdings delivered a robust 36-percent increase in crude oil production, reaching 13,250 barrels per day in Q1 2024.
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Oando’s return to JSE is seen as a positive boost for investor confidence and market position under Wale Tinubu’s leadership.
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Nigerian energy tycoon Austin Avuru’s Seplat seals $1.28-billion deal with ExxonMobil and NNPCL
The NNPCL announced on May 30, 2024, the formalization of an agreement that transfers ExxonMobil’s interests in Mobil Producing Nigeria Unlimited (MPNU) …
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Nigerian tycoon Temitope Lawani-linked Vivo Energy completes acquisition of Engen from Petrona
The merger of Vivo Energy and Engen marks a significant development in the African energy sector.
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The announcement coincides with Seplat celebrating its rise from a vision shared by co-founders Ambrosie Bryant Chukwueloka Orjiako and Avuru to a …
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Under Elumelu’s leadership, UBA’s total comprehensive income for the period also rose, from N51.03 billion ($36.56 million) to N581.47 billion ($416.7 million).
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The impressive performance is attributed to a significant revenue increase of 173 percent to N88.55 billion ($62.9 million) compared to N32.4 billion …