The Minister of Trade and Investment, Otunba Adeniyi Adebayo, has reiterated the Nigerian government’s commitment to partner with private investors in sugar production and economic growth. This was disclosed by the Minister at the inauguration of the …
Total Nigeria Plc says it has successfully issued and quoted a N15bn Series 1 and 2 Commercial Paper under its N30bn CP programme registered with the FMDQ Securities Exchange Limited in December 2020. The company said in…
The Central Bank of Nigeria (CBN) and the Nigeria Sovereign Investment Authority (NSIA) are to invest a fresh N50 billion in the Nigerian Commodity Exchange (NCX), Abuja. The Governor of the CBN, Mr. Godwin Emefiele, disclosed this…
Faced with reality of paucity of funds confronting it, the Federal Government, Friday, commenced the procurement process to concession 12 highways to the private sectors under the Public Private Partnership, PPP, scheme. The concessions arrangement tagged the…
The Nigerian National Petroleum Corporation (NNPC) and its partners, Brass Fertiliser and Petrochemical Company Limited, DSV Engineering Limited and the Nigerian Content Development and Monitoring Board took the Final Investment Decision (FID) for the construction of a…
FMDQ Securities Exchange Limited has approved the listing of the Nigerian Mortgage Refinance Company PLC (NMRC), Series 3 N10billion fixed rate bond under its N440 billion bond issuance programme on its platform. The listing comes a few…
Cowrywise, a Nigerian fintech startup that offers digital wealth management and financial planning solutions, has raised $3 million in pre-Series A funding. Quona Capital led the round as Tsadik Foundation, Gumroad CEO Sahil Lavingia, and a syndicate of Nigerian angel investors locally…
Tope Awotona’s cloud scheduling platform Calendly, has raised $350 million from OpenView Venture Partners and Iconiq capital, making the Atlanta-based company valued at over $3 billion. The high valuation is due to the explosive growth Calendly experienced last year….
The Nigerian Stock Exchange (NSE) market capitalisation on Thursday crossed above N22 trillion mark as a result of price appreciation posted by some blue chips. Accordingly, the market capitalisation inched higher by N125 billion or 0.57 per…
Livestock Feeds Plc, a major manufacturer and marketer of animal feeds and concentrates has released its statement of profit or loss and other comprehensive income for the year ended 31st December 2020 with a growth in revenue…