Airtel Nigeria acquires $317 million spectrum in push for 5G launchShares in Airtel Africa climbed 5.2 per cent to N1,630 per unit on Monday after the news hit the market. Airtel Nigeria on Monday announced the istanbul…
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President of the Dangote Group, Aliko Dangote yesterday announced that the Dangote Sugar Refinery (DSR) Plc is significantly scaling up its investment in the sugar sub-sector in line with the requirement of the Nigeria Sugar Master Plan…
Neimeth International Pharmaceuticals Plc. has held a Completion Board Meeting to float a Rights Issue of N3.67 billion through the Nigerian capital market. The Rights Issue which will commence August 3 will be used to raise the…
Nigeria is West Africa’s largest recipient of Foreign direct investment (FDI) as its flow doubled to $4.8 billion in 2021, mainly because of a resurgence in investments in the oil and gas sectors. Latest report by the…
A European Union plan to make Europe independent from Russian fossil fuels before 2030 calls for renewed dialogue with African producers of LNG and hydrogen. As part of its approved REPowerEU Plan, first commissioned by the European…
Africa Finance Corporation (AFC) has launched a $2 billion facility to aid bank-driven economic recovery in Nigeria and other African countries. This was announced at the AFC Live Infrastructure Solutions Summit today. The funds would be distributed…
Hon. Minister of State for Power, Goddy Jeddy Agba has stated that over 300 highly skilled professionals are to be engaged upon completion of Zungeru Hydropower project. According to a statement signed by Odutayo Oluseyi, Assistant Director…
The State Governor, Babajide Sanwo-Olu, said this in Badagry, during the Stakeholders’ Meeting on Badagry Deep Seaport and Free Zone Project. The plan to begin construction of the seaport, which will be hosted by 12 communities in…
AltSchool, a Nigerian startup helping individuals to gain technical skills has raised $1 million in pre-seed funding to scale its efforts in training people to become junior to mid-level engineers. The new funding will expectedly be used…
Frain technologies, a Nigerian developer-tooling startup dedicated to building webhooks infrastructure announced today that they secured $473k pre-seed funding. The pre-seed funding, led by Rally Cap Ventures, also saw participation from Musha Ventures, Future Africa, Eric Idiahi, Aidi Ventures, Tomiwa Lasebikan, Prosper Otemuyiwa, Odunayo Eweniyi, Timi…
