May 2018

Firms Partner to Invest in Compressed Gas Project

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 in the country....
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Platform Launches Trade Alert

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 begin on Friday,...
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Firm Declares N5b Claims Settlement, as PAT Rises

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 December 2017 with...
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Nigeria Postal Service to Unbundle into Five Companies

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 the plan is...
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I-Invest, Treasury Bills Investment App Debuts in Lagos

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 African inter-brokerage services...
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