Dangote Petroleum Refinery and Petrochemicals FZE could be worth significantly more than the valuation implied by its planned Nigerian Exchange (NGX) listing, according to independent estimates from CardinalStone Research and Chapel Hill Denham.
Nomba, an African digital bank focused on businesses, has secured a $3 million debt facility from CardinalStone Finance Company as it expands its cross-border payment infrastructure and strengthens financial links between African markets and Asia.
A faction of the Peoples Democratic Party (PDP) led by Kabiru Turaki, has rejected any support for President Bola Tinubu’s re-election in 2027, faulting Minister of the Federal Capital Territory (FCT), Nyesom Wike, over his reported call for PDP candidates to back the President.