2022

First Bank Holdings Plc says its subsidiary, First Pension Custodian Limited, has entered into an agreement to purchase Access Bank Plc’s entire share capital in Access Pension Fund Custodian Limited. Pension Fund Custodians (PFCs) are responsible for…

The second edition of the West Africa Automotive Show (WAAS) kicked off in Lagos this week with over 50 exhibitors from around the world expressing interest in establishing their presence in the Nigerian market. According to them,…

The federal government is planning to develop a technology-based renewable energy facility in the country, to boost the country’s capacity to meet the needs of consumers for electricity supply, The minister of Power, Abubakar Aliyu, disclosed this…

CFAO Motors, a subsidiary of the CFAO Group, the largest automotive distribution network in Africa, with over 158 subsidiaries, has unveiled LOXEA by CFAO in Nigeria. Already present in 22 African countries, LOXEA offers operating lease and…

The federal government has approved disbursement of N375 billion as Export Expansion Grant (EEG) for Nigerian exporters. Chief Executive Officer, Nigeria Export Promotion Council (NEPC), Dr. Ezra Yakusak said this during the ‘Export for Survival Walk’ in…

The Czech Republic has allocated $10.5 million in research funding to foster the growth and expansion of infrastructure, manufacturing and innovation in Nigeria. Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI), Prof….

Governor Simon Lalong of Plateau State has expressed the readiness of the state government to partner with a South Africa company, Wellington and White Farms, to boost food production in the state. Lalong, who said this while…

Callphone Limited, a premier financial technology brand in Nigeria, has been granted the final approval licence to operate under the Payment Solution Service (PSS) licence category as a PSSP/PTSP/Super Agent in Nigeria. This final licence approval, dated…

The federal executive council (FEC) has approved N169 billion in private sector investments for road infrastructure through the government’s tax credit programme. The council gave approval on Wednesday in a meeting presided over by President Muhammadu Buhari…

The Lagos Free Zone has signed a gas contract worth over N10bn with Falcon Corporation, ND Western, and FHN consortium. The gas infrastructure development agreement was signed in Lagos on Monday. The project allows the consortium of…