Nigerian fintech startup TeamApt has raised $5.5 million in capital in a Series A round led by Quantum Capital Partners. The Lagos based firm will use the funds to expand its white label digital finance products and…
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Anambra state is now counting the gains associated with the resuscitation and expansion of a moribund rice mill, under the Public Private Partnership, PPP venture. The mill was established in the state by the Federal Government as…
Yesterday, Dangote Cement Plc released its audited results for the 2018 financial year. The company held an analyst call following the release of the results. Here are highlights of the call. Group performance Group volumes were up 7.4%, while Nigerian…
VFD Group has announced its conversion from a company limited by liability to a public company. The Group Managing Director/Chief Executive Officer, VFD Group Plc, Mr Nonso Okpala, stated that the conversion took effect immediately, following the…
The Skyway Aviation Handling Company PLC (SAHCO), yesterday, signed a Memorandum of Understanding (MOU) with the Bayelsa State government to be the official ground handling provider in the newly inaugurated Bayelsa International Airport. SAHCO is expected to…
As part of its mandate incarrying out research and development in food and agro-allied processing technologies, pulp and paper processing, packaging and product designs and fabrication of equipment, the Federal Institute of Industrial Research, Oshodi (FIIRO) has…
Sona Group of Industries recently inaugurated its effluent treatment plants in Sango -Ota, Ogun State. The Effluent Treatment Plants were inaugurated in four of subsidiary units of Sona Group, namely: Euro Global Foods & Distilleries Limited, Sona…
The federal government on Friday signed investment agreements with three development finance institutions — Afreximbank, Bank of Industry and the Nigeria Sovereign Investment Authority (NSIA) — for the creation of special economic zones in the country. With…
More corporates have continued to fund their operations through issuance of commercial papers (CPs) to cover their short-term financing needs. According to experts, the trend would continue until after the general elections and the political uncertainties are…
MainOne in partnership with Facebook is building and operating approximately 750 km terrestrial fiber infrastructure in Edo and Ogun States, two of Nigeria’s fastest growing states. MainOne has announced a metro fiber infrastructure project in two states…
