Business
Dangote Refinery Valuation Hits ₦700.41/Share, 33% Above IPO
LAGOS, Nigeria — Renaissance Capital Africa (RCA) has raised its Dangote Refinery valuation to ₦700.41 per share, a 33.4% premium to the ₦525 IPO offer price, after the…
oil & gas
Business
Shell makes major exit from Nigeria gas distribution, selling Shell Nigeria Gas to Vaaris Energy in strategic pivot
Shell has agreed to sell its entire interest in Shell Nigeria Gas Group to indigenous energy firm Vaaris Energy Limited, marking a significant exit from Nigeria’s domestic gas…