October 2020

…..to elevate the visibility of investment prospects at the state level The Executive Secretary/CEO, Ms Yewande Sadiku was at the Nigeria Governors’ Forum (NGF) on Monday 19 October 2020 to meet with the Director General. The visit…

The two-way trade between Bangladesh and Nigeria marked an increase from US$ 11.27 million (FY2018-19) to US$ 144.75 million (FY2019-20), reports UNB. Bangladesh high commissioner to Nigeria Md Shameem Ahsan came up with the figures while stressing…

The Nigerian National Petroleum Corporation (“NNPC”) and FIRST Exploration and Petroleum Development Company (“FIRST E&P”) Joint Venture is pleased to announce the commencement of oil production from the Anyala West field in Oil Mining Leases (OMLs) 83…

Nigeria’s Co-creation Hub (CcHub) has announced its acquisition of Kenyan edtech startup, eLimu for an undisclosed amount. This is coming a year since it acquired Kenya’s major tech innovation hub, iHub after nine years of existence. Ultimately,…

Nigerian HR startup, SeamlessHR, has raised a new round of funding in a bid to drive pan-African expansion. Founded in 2013 by Dr Emmanuel Okeleji and Deji Lana, the company started off as a jobs aggregator that crawled jobs on multiple…

The Central Bank of Nigeria has said it has removed the restriction on non-member mortgage lenders from refinancing their mortgages with the Mortgage Refinance Company. It said it now permits the MRCs to refinance the qualifying mortgages…

The Nigerian Stock Exchange market capitalisation gained N239 billion in about six hours of trading on Wednesday, due to crash in money market instruments and improved third quarter earnings. Specifically, the market capitalisation which opened at N15.147…

The Federal Government is making good on its promise to provide free electricity meters for customers with the first phase of distribution of 900,000 meters set to commence today in Kano, Kaduna and Lagos.BusinessDay learns that all…

Abuja-based healthcare startup 54gene this week launched its Clinical Program Services (CPS) division, which will provide end-to-end clinical development services, intelligence, logistics, and infrastructure and ultimately enable successful conduct of clinical trials in Africa, starting out of…