As Dangote takes lead Lafia, May 13 – Nasarawa State Investment Development Agency (NASIDA), the State’s investment promotion agency responsible for the initiation, promotion and facilitation of investment in Nasarawa has secured well over $600 million commitment…
REPORT OF INVESTMENT ANNOUNCEMENTS, Q1 2021 Nigerian Investment Promotion Commission (NIPC) reports that US$8.41 billion was tracked as investment announcements for Q1 2021, about 75% more than the value in the corresponding period in 2020 (US$4.81 billion)….
REPORT OF INVESTMENT ANNOUNCEMENTS, 2020 Nigerian Investment Promotion Commission (NIPC) reports that US$16.74 billion was tracked as investment announcements for the year 2020. This is 44% less than the value tracked in 2019 (US$29.91 billion). The drop…
The Nigerian Civil Aviation Authority (NCAA) has issued Operational Specifications and Air Operator’s Certificate (AOC) to Elin Group Limited, after the company met all the requirements to commence charter operations. In a brief ceremony held in Lagos…
General Electric Company GE recently announced that it has completed the gas turbine rehabilitation project at Niger Delta Power Holding Company’s (“NDPHC”) three power plants located in Nigeria. Financial terms of the deal were kept under wraps. NDPHC is…
Nigeria’s premier non -interest bank, Jaiz Bank Plc plans to raise new equity funds of about N13 billion through a private placement as the ethical commercial bank seeks to deepen its growing balance sheet. Jaiz Bank plans…
Itanna, the venture capital arm of Honeywell Group, announced its participation in Indicina Technologies’ most recent round of seed funding, investing $150,000 in the fintech start-up. The new financing will accelerate the start-up’s continued expansion within Nigeria,…
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