Nigeria’s Metering Rate Rises to 56% as NERC Reports Steady Progress and Uneven DisCo Performance
Nigeria’s push to narrow its long-standing electricity metering gap has gained momentum, with the national metering rate climbing to 56.07% ...
Tag: Featured
Dangote Refinery Cuts Petrol Price to N699 Per Litre
Dangote Refinery has executed one of its sharpest price cuts yet, reducing its ex-depot petrol price to N699 per litre ...
Yasseen Mansour’s Palm Hills Accelerates Gulf Expansion with $18.2 Million UAE Deal
Egyptian billionaire Yasseen Mansour has taken a major step toward transforming Palm Hills Developments into a regional real estate brand ...
Court Ends Liquidation Proceedings as Dantata & Sawoe Settles $1.4 Million Debt
The Federal High Court in Abuja has struck out the liquidation case filed against Dantata & Sawoe Construction Company Limited ...
FCCPC Seals Ikeja Electric Headquarters Over Alleged Consumer Rights Violations
The headquarters of Ikeja Electric Distribution Company in the Alausa area of Lagos was sealed on Thursday by the Federal ...
Somali-Kenyan Oil Tycoon Abdinasir Ali Hassan Loses Appeal to Halt $9.3 Million Nairobi Property Auction
Somali-Kenyan oil magnate Abdinasir Ali Hassan has suffered a significant legal setback after the Court of Appeal in Nairobi dismissed ...
Enrique Razon Secures Landmark 25-Year Deal to Revamp South Africa’s Most Crucial Port
South Africa has taken a decisive step toward overhauling its long-troubled port system with the signing of a landmark 25-year ...
South African Tycoon Stephen Saad Loses $19 Million from Aspen Stake Amidst Market Decline
South African pharmaceutical executive Stephen Saad has suffered a significant setback as the market value of his stake in Aspen ...
Nigerian Banker Ladi Balogun Leads FCMB to $570 Million Gross Earnings in 9 Months
FCMB Group, led by Nigerian banking executive Ladi Balogun, has reported gross earnings of N828.1 billion ($570 million) for the ...
Tope Lawani’s Helios Agrees to $116 Million Deal for Frigoglass’ Nigeria Operations
Helios Investment Partners, co-founded by Nigerian investor Tope Lawani, has agreed to acquire Frigoglass Nigeria Holdings B.V., the parent company ...
