Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Wealth & Lifestyle Billionaire Watch

Zimbabwe gives Benedict Peters’ Bavura Holdings a platinum mining concession

Damilare Famuyiwa by Damilare Famuyiwa
May 24, 2019
in Billionaire Watch, Business News, Company News
Aiteo to spend $5bn on production growth
Share on FacebookShare on TwitterShare on Linkedin

Bavura Holdings, which is linked to Nigerian billionaire and founder of Aiteo Group, Benedict Peters, has been awarded a concession to explore/mine platinum in Zimbabwe.

Nairametrics understands that the President Emmerson Mnangagwa-led Government is opting to explore its reserves of platinum, which is used in catalytic converters for limiting emissions, especially now that vehicle manufacturers are moving to electric cars powered by lithium batteries.

More Details: According to the country’s Information Ministry, Bavura Holdings, in which the Nigerian billionaire holds a majority stake, had been scheduled to sign an agreement to mine platinum on Zimbabwe’s mineral-rich Greak Dyke.

RelatedPosts

Forex crises pushes Zimbabwe to order banks to suspend lending

Benedict Peters: What you should know about the Nigerian oil and gas billionaire

Interesting facts about Benedict Peters: After completing his academic education, Benedict Peters launched his career. He has since held various senior roles in banking, commodity trading and the Nigerian oil and gas industry.

In the early 1990s, he became the co-founder of Ocean and Oil Limited, known today as Oando, a petroleum exploration, and trading company.

News continues after this ad


In 1994, Peters joined MRS as a managing director. MRS is a major downstream petroleum firm and the owner of all Chevron/Texaco petrol stations throughout West Africa.

In 1999 after gaining extensive experience in the multi-layered global energy industry, Peters founded Sigmund Communecci, a company which would later become the Aiteo Group. While Sigmund Communecci’s main focus was tank farms and other aspects of the downstream sector, Aiteo Group is active in both upstream and downstream sectors of the petroleum industry.

Aiteo supplies the global market with oil and gas products, which are refined and produced in-house, while also conducting resources exploration projects. Since its inception, the company has become one of the most successful energy providers in Nigeria and is considered a major player in the international industry.

News continues after this ad


As founder and CEO, Peters drives Aiteo Group to continued success by designing innovative strategic models, collaborating with local communities and forming international joint ventures.

Related

Tags: Aiteo GroupBavura HoldingsBenedict PetersZimbabwe

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Lagos announces partial closure of Third Mainland Bridge
    • Five jobs in Nigeria’s fashion industry that are not design-related
    • Insecurity: N6.5 billion demanded in kidnapping ransoms in Nigeria since July 2021 – SBM

    Follow us on social media:

    Recent News

    Third Mainland Bridge is intact and safe for commuters - FG

    Lagos announces partial closure of Third Mainland Bridge

    August 13, 2022
    Five jobs in Nigeria’s fashion industry that are not design-related

    Five jobs in Nigeria’s fashion industry that are not design-related

    August 13, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com