Powergas Nigeria, a domestic Compressed Natural Gas (CNG) Distribution Company and European Technologies for Africa (ETEFA)- an Austrian green technology company, are investing in the development of CNG as an alternate fuel for mass-transit and haulage sector…
NASD OTC Securities Exchange Plc, the over-the-counter platform for trading in unlisted securities, has launched a trade alert notification service that will enable investors to receive transaction alerts on deals consummated on the Exchange. The service will…
A two high capacity tractors from Dizengoff Nigeria has arrived Jigawa state to help boost sugar cane farmers productivity in the state. The tractors were received by the Great Northern Agriculture Business Limited for the cultivation of…
Ladol, a logistics hub for the offshore oil industry in Lagos, Nigeria, is mulling a stock-market listing and corporate bonds to expand its facilities and get more business from major production companies. Family-owned Ladol, where Samsung Heavy…
Ride-hailing company, Taxify, has said it is now working on expanding the platform’s availability to drivers and riders in Nigeria after completing an investment round of $175m. It stated in Lagos on Wednesday that the $175m investment…
Mutual Benefits Assurance Plc has paid a total of N5.15 billion to policyholders in the country in efforts to regain confidence in the nation’s insurance sector. According to the company, the audited financial accounts for the year ended…
In anticipation of a further moderation in rates at auctions that will be held this week, dealers say they expect the secondary market to remain more attractive to investors. The Central Bank of Nigeria (CBN) is scheduled…
Nigeria Postal Service (NIPOST) will soon be unbundled into five companies, Minister of Communications, Barrister Adebayo Shittu has disclosed. Speaking at the 4th series of the INDO-AFRICA ICT EXPO 2018 on Digital Transformation in Lagos, Shittu explained…
A new frontier has opened for investors in the African finance sector with the launch of I-invest, a mobile application that allows users purchase Treasury Bills (T-Bills) directly from their smartphones. Developed by Parthian Partners, a pan…
In a bid to attain food sufficiency and boost fish and shrimps production in Nigeria; Atlantic Shrimpers Limited (ASL) has unveiled two newly acquired trawlers-Seven Stars 1 and 2 as part of its fleet expansion and increase…
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