Nigerian chess master Tunde Onakoya seeks $1-million funding for initiative
Onakoya aims to empower one million underprivileged children within five years by providing free chess instruction, after-school programs, and tournaments.
Onakoya aims to empower one million underprivileged children within five years by providing free chess instruction, after-school programs, and tournaments.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) expects the Dangote refinery to reduce diesel prices further.
Transcorp Power’s journey in Nigeria’s energy sector commenced in 2013 with the acquisition of the Ughelli Power Plant under the leadership of Elumelu.
The recent decision to sell Transcorp Hotels Calabar exemplifies a wider consolidation trend within the Nigerian hospitality sector.
The recent decision to ramp up operations, follows Dangote Refinery’s move to slash diesel prices in Nigeria, marking a substantial decrease from previous rates.
Otedola’s focus on operational efficiency across his portfolio has fueled earnings growth and valuations.
This recent setback follows a surge in his fortune between March 8 and March 20, when his stake in Wema Bank increased by $2.3 million.
The recent price cut follows the commencement of operations at the Dangote Oil Refinery, a landmark achievement for Nigeria’s pursuit of energy independence.
While Peterside faces a significant decline in his stake in Stanbic IBTC, he remains poised to benefit from impressive dividends proposed by the leading Nigerian bank.
Since its IPO on the Nigerian Exchange and London Stock Exchange in 2014, Seplat Energy has generated $1.7 billion in cash flow.
The recent double-digit decline in IHS Holdings shares has led to a $6-million decline in the market value of Darwish’s stake in the leading telecom infrastructure giant.
With a strong revenue and profit trajectory, Transcorp Power remains well-positioned for continued growth and innovation within Nigeria’s energy sector.
The bank’s annual report revealed N685.59 million ($593,000) in fraud losses during the year.
Dangote remains Africa’s richest person and the world’s wealthiest Black billionaire. His net worth has surged past $17 billion.
Last week, Onwuanibe engaged with key stakeholders, including representatives from the Lagos State Government, Federal and State Ministries of Tourism, and the Federal Ministry of Works and Housing.
The capital raise aligns with the Central Bank of Nigeria’s (CBN) recent increase in minimum capital requirements for the country’s largest banks.