The Central Bank of Nigeria has said it will pay exporters N65 for every $1 sold into the economy through the Investors &Exporters window. The CBN made this known in a guideline on its newly introduced Race…
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The Nigerian Society of Engineers (NSE) has assured of its commitment to partner with Vitapur Nigeria Limited to promote local content for sustainable development of manufacturing industries in Nigeria. Speaking at a facility tour of Vitapur Nigeria’s…
The Code Management Group (CMG), an investment firm in London, is opening offices in Nigeria and Ghana as part of efforts to bridge the knowledge and funding gap for African start-ups.The group seeks to stir up the…
Vice President Yemi Osinbajo and Governor Babajide Sanwo-Olu on Friday commissioned a $100 million state-of-the-art premium diaper brand, Huggies, and leading sanitary pad brand- Kotex’s factory at Odogunyan in Ikorodu, Lagos. The new plant, built by Kimberly-Clark…
Nigerian airline Green Africa Airways has received new investment, which it will use to scale up operations and increase its fleet size. The startup carrier secured investment from Leadway Assurance Company Limited, one of Nigeria’s largest insurance…
Provisional winners of the 3.5 Gigahertz (GHz) spectrum licence, MTN Communications Nigeria Plc and Mafab Communications Limited, have made full payment of $273.6 million each for the 5G Spectrum license to the Nigerian Communications Commission. The Executive…
American multinational cooperation, Kimberly Clark, makers of Huggies, Kotex (sanitary pad) and other hygiene and personal products have joined the league of foreign investors with confidence in Nigeria as an investment destination with the unveiling of a…
Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange has bought the entire offshore shallow water business of ExxonMobil in Nigeria at the cost $1.2billion. The completion of…
An indigenous investment group – VFD Group Plc, has acquired the largest equity stake in Nigerian Exchange Group (NGX Group) Plc, emerging the first shareholder to own major stake in the Exchange after the demutualisation of the…
Guinness Nigeria restated its commitment to boosting investment in the country. This is just as the company has no plans to exit Nigeria, contrary to the orchestrated false publication. The company has said, its attention has been…
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