IsDB Secures $1bn Through First Sukuk Issuance Of 2026 Amid Strong Investor Demand
Islamic Development Bank raises $1bn via Sukuk issuance, attracting strong global investor demand despite market volatility.
Islamic Development Bank raises $1bn via Sukuk issuance, attracting strong global investor demand despite market volatility.
Transcorp reports major revenue and profit growth driven by resilient operations across energy and hospitality businesses.
Aviation union says persistent Jet A1 shortages are disrupting operations, worsening crew fatigue and threatening aviation safety across Nigeria.
CEO Girish Sharma credits operational efficiency and decentralised decision-making for Guinness’ improved financial results.
Saudi Aramco records soaring quarterly profits as Hormuz tensions disrupt global oil supply and fuel prices climb sharply.
Aliko Dangote says Kenya is favoured for his proposed $17 billion East African oil refinery project in Mombasa.
Federal High Court dismissed CNPC’s challenge, reaffirming $100 million damages awarded to Cutra over disputed oil licence.
Founder of Bitsave Protocol, Karla Godd, says Bitcoin remains strong as stablecoins and tokenisation expand crypto use cases globally.
Toyota projects Iran war could cost $4.3bn as rising materials and logistics pressure global profits outlook.
Ghana plans a $1 billion domestic bond to finance cocoa purchases amid funding pressures and market volatility challenges.
India says Nigeria will play a key role in its renewed diplomatic, economic and cultural engagement with Africa.
Company aims to increase crude output and strengthen Nigeria’s energy sector through joint venture investments and gas development.
SEC director general says intelligent governance and proactive regulation are essential for building resilient Nigerian capital markets.
Oil sector stakeholders raise alarm over refinery deals, warning Nigeria risks repeating costly failures and unresolved contract disputes.
Aliko Dangote targets London dual listing as cement giant expands output capacity and seeks fresh global investors.
Dele Oye criticises selected Chinese firms, alleging they lack technical and financial capacity to manage NNPC refinery rehabilitation. Former President of the Organised Private Sector of Nigeria, Dele Oye, has
Nigerian and Indian stakeholders have called for textile industry reforms and expanded financing for women-owned businesses.
Analyst says Nigeria’s electricity crisis persists because failures exist across the entire power supply chain.
Shell has posted stronger-than-expected first-quarter profits as soaring energy prices from the Iran war boosted global oil market earnings.
NUPRC says Nigeria and Africa can fill global oil supply gap created by worsening Middle East tensions.
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