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NSE market capitalisation dips by 1.84%

Transactions on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a negative note as the market capitalisation dipped by 1.84 per cent. TBI Africa reports that the market capitalisation lost N226 billion or 1.84 per cent...

Access Bank gets Shareholder’s Approval for Rights Issue

Access Bank has won its shareholders’ approval to raise up to 68 billion naira via a rights issue. It will issue 7.64 billion shares at 8.90 naira each to existing shareholders.

Development Partners Commssion Moho Bilindo Phase 1b

Chevron Corp. and partners in the Republic of Congo (ROC) saw first production flows from the deepwater development Moho Bilondo Phase 1b. Moho Bilondo Phase 1b is part of the Moho Nord joint development project, the largest-ever oil and...

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London’s giant ‘fatberg’ to be recycled into biofuel

A giant, 250-metre “fatberg” of oil, fat and other solid waste blocking a main sewer under London is to be recycled into biofuel, Thames...

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