Coralpay is partnering Alipay, the world’s largest online and offline payment platform, to ease transactions on e-channels in Africa. The partnership further expands Alipay footprints in Africa and opens the door for its more than 600 million…
The Tolaram Group has unveiled plans to expand its cereal factory opened in December last year. The expansion is billed to cost N20 billion, and is due to the factory hitting a 100% capacity utilization. Girish Sharma,…
Foreign investors almost doubled their stakes on equities in the first quarter. Foreign Portfolio Investors (FPIs) report for the first quarter ended March 31 showed that transactions by foreign investors grew by 80.9 per cent to N381.82…
The Company informs that work on the Proposed Fertilizer Blending Plant, located at Kudenda, in Kaduna state has reached advanced stage. The installation of the requisite machinery, and the freighting of raw materials and its attendant packaging…
Lagos-based direct-to-store sales and delivery startup, TradeDepot has reportedly received $3 million in funding from Partech, a Venture Capital firm specialising in information and communication technologies, and operating in Europe, Paris, Berlin, as well as San Francisco in…
The Nigerian Investment Promotion Commission (NIPC) has released the first Quarter 2018 report on Investment announcements in Nigeria. The Report disclosed that in the first quarter of 2018, NIPC tracked $17.88bn worth of investment announcements in 32…
A team from the office of the Vice President and the Federal Ministry of Petroleum Resources led by Engr. Rabiu Suleiman, Senior Technical Adviser to the Minister of State for Petroleum Resources on Refineries and Downstream Infrastructure,…
The summit, to be hosted by Nigerian Consulate in Shanghai, was part of efforts to deepen trade relations between Nigeria and China, the Consul-General, Anderson Madubike, said in a statement made available to Daily Trust. The event…
The Nigerian Stock Exchange (NSE) has disclosed that Nigeria’s Foreign Portfolio Investment increased by 48.52% in March to ₦132.21 billion; against the ₦83.22 billion recorded in February. This information is contained in a report detailing all transactions in Nigeria’s…
The quest to provide an online investment information platform on Nigeria has achieved a major milestone with the validation of iGuide Nigeria by stakeholders. At the validation meeting hosted by NIPC at its headquarters in Abuja on…