March 2020

The Corporate Affairs Commission has issued guidelines for the conduct of Annual General Meetings of companies by proxies. The guidelines obtained from the NSE website noted that in view of the COVID-19 pandemic, companies could hold their…

A Nigerian-owned company dedicated to the provision of products and services across different sectors of the economy, LS Scientific Limited, has launched an exclusive vendor managed inventory programme. With this, it said it would partner various firms…

Seven successful startups have been selected by Ventures Platform and Lagos State Science and Research and Innovation Council (LASRIC) to participate in the #COVID19InnovationChallenge, to develop solutions to mitigate the rapid spread of COVID-19 in Nigeria. The seven were chosen from 500+ applicants who…

THE Nigerian National Petroleum Corporation has made an intervention of $30 million (N11 billion) to help combat the Coronavirus Disease pandemic and its attendant impact on the Nigerian economy. Mele Kyari, NNPC group managing director, announced the…

The Central Bank of Nigeria (CBN) and the Banker’s Committee on Thursday, said it was forming the Nigerian Private Sector Coalition Against COVID-19. This was disclosed by the CBN Governor, Godwin Emefiele, during a press briefing when…

The Nigerian Stock Exchange (NSE) has notified its Dealing Members, notifying that eTranzact International Plc (eTranzact or the Company) had through its lead Stockbroker, Meristem Capital Limited, submitted an application for the approval and listing of a Rights Issue….

With the Federal Government’s resolve to encourage firms to backwardly integrate their processes, as well as the prevailing economic situation in the country, there are indications that new mergers and acquisitions are expected in the food, beverages…

Health and biotech company 54Gene has raised $500,000 for a fund aimed at improving Nigeria’s capacity to carry out tests for COVID-19. The money raised for the Nigeria COVID-19 Testing Support Fund will ramp up testing for…

President Muhammad Buhari has approved the sum of N10 billion to the government of Lagos State for the combating of Coronavirus. The Babajide Sanwo-Olu-led government made the request two days ago. The President also approved and ensured…

United Bank for Africa Plc (UBA) has donated over N5 billion, through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the Coronavirus (COVID-19) global pandemic. It said the donation will provide significant…