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Breaking: Heirs Energies acquires $500m Maurel & Prom’s 20.07% stake in Seplat Energy Plc
Heirs Energies, Africa’s leading indigenous integrated energy company, has acquired the entire 20.07% equity stake (120.4 million ordinary shares) previously ...Banks to start charging senders N50 stamp duty on transfers above N10k from January
Banks will start charging senders a N50 stamp duty on electronic transfers of N10,000 and above from January 1, 2026, ...NNPC opens bid to sell stakes in oil, gas assets
The Nigerian National Petroleum Company (NNPC) Limited plans to sell stakes in some of its oil and gas assets and ...CBN raises N15trn via treasury bills to cover 2025 budget deficit
The Central Bank of Nigeria (CBN) raised N15.3 trillion from the Nigerian treasury bills (NTBs) market in 2025 to support ...Nigerian airlines will collapse in three months if tax reform laws are implemented – Allen ...
Allen Onyema, Air Peace chief executive officer (CEO), says the new tax laws have brought back charges that the 2020 ...Port Harcourt refinery supplies diesel while shut – NMDPRA
The Port Harcourt Refining Company, which is currently shut down, is still supplying 349,000 litres of automotive gas oil, otherwise ...Nigeria suffers nearly N1tn export loss after Trump tariff
Nigeria’s exports to the United States fell by N940.98bn in the first nine months of 2025, even as imports from ...Heirs Energies agrees $750m Afreximbank financing for long-term growth
Muftau Yahaya Heirs Energies Limited, Nigeria’s leading indigenous integrated energy company, has executed a USD 750 million financing with the ...NOVA Bank opens regional office in Imo, plans redefined economic growth in S’East, S’South
Imo State Governor, Senator Hope Uzodinma, has announced the state government’s commitment to provide land for the development of permanent ...Otedola acquires additional N14.8bn shares in First HoldCo
Femi Otedola, chairman of First HoldCo Plc, has acquired additional shares valued at N14.8 billion in the financial holding company, ...














