October 2022

Retail Supermarkets Nigeria (RSN) Limited, the owner of the supermarket chain, Shoprite Nigeria, says it is working towards expanding its retail outlet across the country by solidifying its ties with its key stakeholders. The retail supermarket chain,…

The federal government through the Ministry of Aviation yesterday said the Request for Proposals (RFP) phase of the Nigeria Airports Concession Programme (NACP) which came to a close on September 19, 2022, saw the emergence of preferred…

Private jet maker Gulfstream Aerospace Corp. has tapped a partner in Nigeria to expand service availability and parts access in West Africa. Gulfstream is working with ExecuJet Aviation Nigeria, which has a 275,000-square-foot facility located in a…

MTN Nigeria Communications Plc is set to receive €100 million credit facility from the European Investment Bank (EIB) to speed up its network expansion programme. According to a corporate disclosure by the company, the investment will aid the acceleration of…

President Muhammadu Buhari yesterday, in Seoul, invited top Korean business executives to increase their investments in Nigeria, while his administration would continue to make determined efforts to improve the enabling domestic environment for businesses to flourish. Speaking…

The Nigeria Sovereign Investment Authority (NSIA) and the Lagos State government have reiterated their support for Kasi DataCentres, in order to enable it to attain its full expansion plan in Lagos and other states of the county….

Union Bank of Nigeria (“Union Bank”) and the Africa Agriculture and Trade Investment Fund (“AATIF”) have announced that the Bank has secured a $25 million funding line from AATIF to expand its agricultural business footprint. In response…

The Federal Executive Council has approved the sum of N17.4 billion for the provision of Broadband infrastructure for Micro, Small and Medium Enterprises and tertiary and higher learning institutions across the six geo-political zones with the supply…

President Muhammadu Buhari Thursday in Seoul, South Korea, expressed delight as he witnessed the signing of the Memorandum of Understanding (MoU) between Nigerian National Petroleum Company (NNPC) Ltd and Daewoo Group of South Korea for the rehabilitation…

Access Holdings Plc, trading as Access Corporation, on Tuesday, announced that the National Pension Commission and the Federal Competition and Consumer Protection Commission had granted their approvals to the proposed acquisition by First Guarantee Pension Limited and…