Investment + March 2019

Nigerian Startups Record N38bn Investment In 2018

LAGOS –Significant success was recorded in the Information Communication Technology (ICT) industry, as foreign and local investors invested about N38 billion into Nigerian start-ups in the 2nd and 3rd quarter of 2018, of which 75% of this funding went into...
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5 Investors bid for Yola Disco, Afam Genco

A total of five investors have submitted bids for the acquisition of the Yola Electricity Distribution Company (Yola Disco) and Afam Electricity Generation Company (Genco). Two firms- Quest Electricity Nigeria Limited and Sandstream Nigeria, submitted proposals to acquire the Yola...
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Osun, China to Partner on Mining, Agric, ICT, Others

The Chinese Ambassador to Nigeria, Dr Zhou Pingjian, has said the Republic of China will assist in lifting the socio-economic development of Osun State through collaboration in infrastructural development, education, agriculture, mining and commerce. Pingjian gave the indication of his...
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Peacock, Turkish Airline Partner to Boost Cargo, Airfreight

Peacock Aviation and Allied Services Limited, in collaboration with Turkish Airlines Cargo, has agreed to deliver efficient and on-time cargo services in order to boost Nigeria’s airfreight subsector. The strategic partnership with the Turkish mega carrier follows year-long negotiations, which...
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