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Bharti Airtel to delay $8 billion Africa business IPO listing

Bharti Airtel Limited may delay its planned Initial Public Offering (IPO) of its Africa unit due to the turmoil in emerging-market stocks, a source close to the company said.
Nigerian National Petroleum Corporation (NNPC)

NNPC extends crude-for-product swaps until June 2019

Nigeria's state oil firm NNPC has extended its crude-for-product swap contracts, the country's main avenue to meet the bulk of its fuel needs, until June 2019, sources familiar with the matter said.

NNPC selects Vitol, Trafigura, Sahara, Oando, 46 others for crude term contracts

It was gathered that as part of the efforts to encourage local participation in the lifting contracts, the corporation selected 20 Nigerian companies, unlike in the 2017/2018 contracts where 18 Nigerian companies made the list.

NNPC issues two-year crude oil contracts

The Nigeria National Petroleum Corporation (NNPC) said it has issued crude export contracts that are expected to last two years instead of the usual one year.

Nigeria in talks with firms to revamp oil refineries

Nigeria’s state oil firm NNPC is in the final stages of talks with two consortiums that include top traders, energy and oil companies to revamp its rundown refineries.

Senator Tayo Alasoadura asks President Buhari to suspend Ibe Kachikwu, Maikanti Baru

Alasoadura specifically stated that Baru’s continued presence at the NNPC could jeopardise the Senate investigation into the allegations that he allegedly approved contracts to the tune of $25bn without the approval of the corporation’s board.

Recent Stories

Babatunde Fashola: APC did not promise to transform Nigeria in four years

The Minister of Power, Works and Housing, Babatunde Fashola, on Tuesday said though the All Progressives Congress (APC) government led by President Muhammadu Buhari promised to turn the fortunes of the country around and bring about change in different sectors, it never attached four-year time frame to totally transform the country.

INEC removes names of 1,931 dead persons from Kaduna voters’ register

The Independent National Electoral Commission (INEC) says it has detected and removed the names of 1,931 dead persons from the voters’ register in Kaduna State, ahead of the 2019 elections.

Shehu Sani: I represented Kaduna Central to the best of my ability

The Senator representing Kaduna Central in the red chamber, Senator Shehu Sani has said he has represented the Kaduna central to the best of his ability.
Southampton striker Michael Obafemi has made his international debut for Ireland, snubbing both Nigeria and England.

Micheal Obafemi snubs Super Eagles, debut for Ireland

Southampton striker Michael Obafemi has made his international debut for Ireland, snubbing both Nigeria and England.
Footage showing a recent Boko Haram attack in north-east Nigeria. | AFP | Getty Images

Boko Haram kills 53 in fresh attacks

Boko Haram jihadists have killed 53 soldiers and farmers in three days of attacks in northeastern Nigeria, security sources said Tuesday, in a new show of force ahead of February elections in the West African country.