Tangerine Life Insurance Limited, (previously known as Metropolitan Life Insurance Nigeria Limited), has, after a meticulous process, concluded its merger with ARM Life PLC. Tangerine is owned by Verod Capital, a leading private equity firm investing in…
A look at funding reports from recent years will show a pattern of investor focus on sectors with the most perceived prospects for growth and prominence. We’ve seen eCommerce companies and financial services companies heavily dominate West…
NASD Plc, the OTC market for all unlisted securities, said it has secured approval from the Securities and Exchange Commission (SEC) to float an Investor Protection Fund (IPF) at the end of the first quarter (Q1) of…
As agriculture continues to take centre stage in Nigeria’s march to economic diversification, a firm called Odua Investments Company Limited, Thursday, disclosed moves to unlock estimated South West Gross Domestic Product, GDP, worth over $80 billion and…
Onion Producers and Marketers Association of Nigeria (OPMAN), on Thursday, inaugurated documented onion exports through Illela land border in Sokoto state. Nigerian onion producers commence export to West African countries. [Vanguard] Launching the programme, Mr Abdulrahameed Ma’aji,…
Evercare Hospital Lekki, a private multispecialty tertiary care facility, has commenced operations in Lagos. The purpose built state-of-the-art 165-bed multispecialty, tertiary care hospital is part of the Evercare Group, a leading impact driven healthcare group in emerging…
As part of efforts to boost the processing and exportation of cashew nuts by Ogun State, the government of Prince Dapo Abiodun has revived its cashew processing plant at Imasayi by partnering with an indigenous agro-allied processing…
The Federal Government has concluded plans to engage an asset manager for its newly set up Infrastructure Company of Nigeria Ltd. (Infra-Co), to raise about N15 trillion ($36.7 billion) for projects and accelerate growth in Africa’s biggest…
The Nigerian government and Siemens AG (SIE.XE) have signed a contract for the pre-engineering phase of the Presidential Power Initiative, a power upgrade and modernization program, a state official said Tuesday. Tolu Ogunlesi, a presidential spokesman, on…
The federal government has approved the expansion of the existing Free Trade Zones (FTZs), as well as the activation of existing ones to respond to the demands of the African Continental Free Trade Area Agreement (AfCFTA) and…