Business

Fighting against the second wave of coronavirus pandemic, the private sector Coalition Against COVID-19 (CACOVID), has supported the Federal Government with the supply of critical oxygen for case management of Covid-19 patients, to Isolation centres across the Country.

After a year in which Covid-19 ravaged the world and hit economies badly, only 3 Nigerians - Aliko Dangote of the Dangote Group, Mike Adenuga of Globacom and Abdul Samad Rabiu of BUA Group appeared on the 2021 annual Forbes Ranking of billionaires ranking 1st, 5th and 6th respectively in Africa with networths of US$12.1bn, US$6.5billion, and US$5.5billion respectively.

Apel Asset Limited on Monday refuted the claim by Mr. Oluleye Adigun to invest N3bn in Fidelity Bank as published by some online publications at the weekend, quoting the News Agency of Nigeria (NAN).

Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings and Transcorp), from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and ENI. In addition, TNOG Oil and Gas Limited will have sole operatorship of the asset.