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Nigerian oil industry

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Elumelu’s Transcorp pays N20.3bn dividend on profit jump

Tony Elumelu's Transcorp Group declared an N20.3 billion dividend after a 44 percent jump in 2025 profit after tax to N135.9 billion.
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Tinubu Heads to Africa-France Summit as Leaders Push Digital Innovation and Green Growth Agenda

KEY POINTS President Tinubu arrived in Nairobi to attend the Africa-France Summit hosted by...
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Dangote Proposes Buyout to NNPC to Address Industry Concerns

Aliko Dangote proposes selling his refinery to NNPC to address monopoly claims and quality concerns in Nigeria’s fuel market.
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Breaking: Aiteo Terminates Security Contracts with Amotoi, Others Over Crude Theft, Fraud

Aiteo ends contracts with Amotoi, Livingstone and others due to crude theft and fraud, aiming to safeguard operations and assets in Nigeria.
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Oando Makes Major Play in Nigerian Oil with $550 Million Contribution

Nigerian energy company Oando Plc secures $550 million stake in a $925 million facility for Afreximbank's $3.3 billion Project Gazelle, a landmark oil-backed financing deal for Nigeria.

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News

Elumelu’s Transcorp pays N20.3bn dividend on profit jump

Tony Elumelu's Transcorp Group declared an N20.3 billion dividend after a 44 percent jump in 2025 profit after tax to N135.9 billion.
News

Tinubu Heads to Africa-France Summit as Leaders Push Digital Innovation and Green Growth Agenda

KEY POINTS President Tinubu arrived in Nairobi to attend the Africa-France Summit hosted by...
News

Adeleke Dethrones Osun Monarch Jailed in US Over COVID-19 Fraud

KEY POINTS Governor Ademola Adeleke has removed the Apetu of Ipetumodu after his conviction...
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Tinubu Appoints Fadewa as Homeland Security Adviser

KEY POINTS President Tinubu has appointed retired Major General Adeyinka Fadewa as Special Adviser...