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Senegal revokes Nigerian billionaire, Arthur Eze’s oil license

In a move that highlights the government’s stricter approach to inactive petroleum licenses, Senegalese authorities have revoked offshore exploration rights previously held by Atlas Oranto Petroleum, an oil and gas company owned by Nigerian billionaire Arthur Eze. As stated by…

Summit bank meets CBN capital requirement ahead of March 2026 deadline

Summit Bank Limited has announced that it has fully met the new minimum capital requirement set by the Central Bank of Nigeria (CBN), well ahead of the March 2026 deadline. In a press statement issued on Monday, the bank disclosed…

Tinubu posts Ayodele Oke as Ambassador to France, Lateef Are to U.S., Amin Dalhatu to U.K., Usman Suleiman to Turkey

Tinubu posts Ayodele Oke as Ambassador to France, Lateef Are to U.S., Amin Dalhatu to U.K., Usman Suleiman to Turkey President Bola Tinubu has approved the posting of three ambassadors-designate from the 68 nominees earlier confirmed by the Senate.  …