The volume of trade by Nigerian women increased by $4m through Shetrades, an initiative of the International Trade Center in partnership with the Nigerian Export Promotion Council. Shetrades was unveiled in Nigeria in 2016 with the objective…
Nigerian social innovation fund Growth Capital has invested an undisclosed amount in Lagos-based Nigerian drug procurement platform DrugStoc. Growth Capital is a Nigerian based Co-creation Hub’s (CcHub) innovation fund. DrugStoc provides hospitals and pharmacies access to genuine pharmaceutical and health care…
Airtel Africa yesterday opened it’s much awaited Initial Public Offering, IPO, on the Nigeria Stock Exchange and the London Stock Exchange Nigeria, by way of book building, targeting to raise $646.8 million (N232 billion) The parent company…
Uber Technology Inc. is planning to launch its boat business in Lagos, Nigeria’s commercial capital and biggest city, to beat traffic congestion. The ride-hailing service company is in talks with the Lagos state government and regulatory authorities to…
Ellah Lakes Plc (“Ellah Lakes” or “the Company”) today announced the acquisition of 100% equity stake in Telluria Limited (“Telluria”), effective May 7th, 2019. Having complied with all the necessary regulatory requirements, the acquisition was approved by…
Nigerian ed-tech startup ScholarX has raised US$100,000 towards an intended US$200,000 pre-seed funding round to launch new products and grow its team. Launched in Nigeria in July 2016, the ScholarX app allows users to select parameters and…
The Industrial Training Fund (ITF) has equipped about 300 graduate trainees in Nasarawa State who have completed their training with the National Industrial Skills Development Programme (NISDP) with start-up-kits. The kits were presented to them in Lafia…
A presidential committee on impact and readiness assessment of the African Continental Free Trade Area (AfCFTA) has recommended the signing of the agreement. The African Union’s Heads of State and Governments had resolved to establish AfCFTA to…
C & I Leasing Plc, a leading indigenous leasing and business service conglomerate, has announced its readiness to extend its business frontiers to offshore asset operation and maintenance. This is contained in a notice to the Nigerian…
The June edition of the monthly Federal Government bond auction was over-subscribed by about 60 per cent. According to Debt Management Office, DMO, the exercise, which was conducted yesterday, was a demonstration that the high demand for…
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