Norwegian oil giant Equinor completes exit from Nigeria
Equinor ASA, Norway’s state-controlled energy company, has finalized the sale of its Nigerian assets, officially ending its over 30-year presence in the country.
The divestment,...
Nigerian govt rejects Shell’s $1.3 billion asset sale to Renaissance
Nigeria’s oil regulator has rejected Shell’s proposed $1.3 billion sale of its onshore oilfields to Renaissance Group, citing concerns over the buyer's qualifications to...
BUA Foods Plc to boost pasta production capacity by 400,000mtpa
BUA Foods Plc has announced a significant expansion of its pasta production capacity.
The company said it has signed an agreement with FAVA, an Italian...
Coca-Cola plans $1 billion investment to support Nigeria operations
Coca-Cola plans to invest $1 billion in its Nigeria operations over the next five years, the company said after a meeting between President Bola...
Fidson teams up with Chinese firms to set up pharma plant in Nigeria
Press Release
Fidson Healthcare Plc, a leading Nigerian pharmaceutical company, signed a Strategic Cooperation Memorandum with Jiangsu Aidea Pharma, Nanjing PharmaBlock, and the China-Africa Development...