April 2021

Kano State Electricity Distribution Company on Tuesday signed a $100m Memorandum of Understanding with a foreign investor, Konexa, for the generation, storage, and distribution of electricity. Konexa would invest $100m on the provision of cutting-edge technology in…

Chanchangi, one of the popular airlines in Nigeria, which was rested few years ago, is planning to return to the skies. The airline has secured the Air Transport Licence (ATL) from the Nigerian Civil Aviation Authority (NCAA)…

The Federal Ministry of Agriculture and Rural Development says it has trained 30 coconut farmers on nursery establishment, field development, harvesting, processing and marketing in Edo. The Permanent Secretary in the ministry, Dr. Ernest Uwakhihe, said this…

The Nasarawa State government and the Rice Farmers Association have concluded plans to attract N10 billion investment under the Central Bank of Nigeria (CBN) Anchor Borrowers Programme. The Nasarawa State governor, Abdullahi Sule, made revelation while flagging-off…

The Governor of Cross River State, Prof Ben Ayade, has taken delivery of the second Boeing 737 aircraft at the Murtala Mohammed International Airport, Lagos for the state’s commercial airline, Cally Air. According to a statement by…

Nigerian Investment Promotion Commission (NIPC) is pleased to inform the general public that in accordance with the requirements of the Freedom of Information (FOI) Act, the following mandatory disclosures, most of which cover January-March 2021, have been…

TIME reports that the fintech company, Flutterwave, was chosen for its efforts in recharging retailers after the pandemic slowed travel in Nigeria. Flutterwave, a Nigerian fintech firm, has been named a “Pioneer” on TIME’s 2021 list of the…

TAJBank, Nigeria’s non-interest banking services provider, has recorded the highest earning per share (EPS) growth rate in the nation’s banking industry with its shareholders earning N11.82 per N1.00 share, representing an appreciation of 1,182% growth rate in…

The investment arm of the Nigerian Air Force, the Nigerian Air Force Investment Limited (NAFIL), has announced the launch of a 2000 hectare farm at the Tactical Air Command (TAC) Base in Makurdi. The scheme was launched…

The DLM Capital Group, has unveiled its Fixed Income Fund which aims to provide capital preservation and income generation. The fund, called the DLM Fixed Income Fund is classified as an open-ended unit trust scheme and will…