Imperial, owned by DP World, announced a strategic acquisition of a controlling stake in Africa FMCG Distribution (AFMCG). The move aligns with Dubai’s five-year plan to expand the emirate’s trade partnerships with promising global markets. Last year,…
The Coleman Cables and Wires have concluded plans to commission Fibre-Optic Cable Factory on Thursday 14th June 2022 at Arepo, Ogun State. Coleman Technical Industries Limited currently is the largest and fastest-growing indigenous wires and cables manufacturing…
Neimeth International Pharmaceuticals Plc has stated that the N3.67 billion rights issue will be deployed into the construction of a new multi-products facility to comply with the World Health Organisation (WHO) standards of Good Manufacturing Practice (GMP)…
A new player in the hospitality industry, Art Hotel, has begun operations in Lagos with a promise to boost hospitality and give fun seekers the enjoyment they want. Unveiled in Victoria Island Lagos, the Chief Executive Officer,…
The Nigerian Export Processing Zones Authority (NEPZA) has secured an investment worth over $100 million at the Medical/Pharmaceutical Special Free Zone in Lekki in Lagos for the production of a variety of medical equipment. Speaking at the…
The Federal Government on Tuesday announced that it had approved the strategy work plan to speed up the concession process for the 700 megawatts Zungeru Hydroelectric Power Plant in Niger State. It announced this in a statement…
A new industrial estate is springing up at Gberigbe, Ikorodu, Lagos, aimed at encouraging more investment in micro, small and medium scale enterprises (MSMEs) in the state, Lola Akande, commissioner for commerce, industry and cooperatives, disclosed on…
Young Africans running impact-driven businesses targeted at solving key African challenges have received a boost following the announcement of a scale-up funding opportunity at the Africa Social Impact Summit (ASIS), slated to hold on July 14, 2022,…
A total of 16 companies are now pre-qualified for the privatisation of five National Integrated Power Projects across the country, the Federal Government announced on Thursday. It announced this at the Investor Pre-bid Conference for the privatisation…
An indigenous oil and gas company, ND Western Ltd, says it is getting ready to take the Final Investment Decision on its 10,000 barrels per day refinery in Uturogu, Delta State. The Managing Director, ND Western Ltd,…
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