Author: InvestAdvocate

Afreximbank Completes Upsizing of Reserve-Based Lending Facility for Oando to $375 Million

The upsizing will support Oando’s ambition to achieve production of 100,000 barrels of oil per day and 1.5 billion cubic feet of gas per day by the end of 2029 July 1, 2025/Afreximbank African Export-Import Bank (Afreximbank) has successfully completed upsizing its reserve-based lending facility in favour of Oando Oil […]

Dangote Refinery Reduces Ex-Depot Price by N40 As More Marketers Join Partnership Deal

July 1, 2025/Dangote Group With assurance of steady supply of petroleum products, more independent marketers have joined the growing list of distributors retailing Dangote Refinery’s high-quality petroleum products across the country.  New marketers signed on the partnership deal with Dangote Refinery just as the Refinery management announced a reduction in its ex-depot price of Premium Motor Spirit (PMS), […]

Body of Bank CEOs Delivers Critical Relief to Flood Victims in Niger State, Pledges Continued Support

June 30, 2025/UBA Plc In a heartwarming display of corporate social responsibility and solidarity, a consortium of Nigerian Bank CEOs, has pledged significant support to alleviate the suffering of flood victims in Niger State The Executive Governor of Niger State, His Excellency, Governor Mohammed Umaru Bago on Saturday in Abuja […]