The project in Akwa Ibom, Nigeria, targets producing an initial 1.8 million tonnes per annum (MTPA) of methanol, diversifying the local economy and generating over 18,000 jobs August 26, 2024/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is arranging a project development facility to support Africa’s largest […]
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African Energy Chamber Endorses Oando’s $783M Acquisition of Nigerian Agip Oil Company
Nigerian energy company Oando has successfully completed its acquisition of the Eni subsidiary, doubling the company’s stake in four Oil Mining Licenses (OMLs) and boosting total reserves to one billion barrels of oil equivalent August 26, 2024/AEC Nigerian energy company Oando PLC has successfully completed its acquisition of 100% of […]
Baobab Nigeria’s Jollof+ App Hits ₦1.3 Billion in Savings Within 64 Days of Launch
August 26, 2024/Baobab Nigeria Baobab Nigeria’s recently launched savings app, Jollof+, has achieved a significant milestone, attracting over ₦1.3 billion in savings just 64 days’ post-launch. This achievement highlights Jollof+’s crucial role in promoting financial security for Nigerians amid rising inflation. Launched in May 2024, Jollof+ is a product of […]
