investment + october

FG, Dangote, Others Sign $1.1bn Pact for 540MW Plant

The Federal Government and the developers of the 540-megawatts Qua Iboe Power Plant signed a Power Purchase Agreement for the development of the $1.1bn electricity generation station on Thursday. The Dangote Group, Nigerian National Petroleum Corporation and Black Rhino Group,...
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Canada Explores Business Opportunities in Rivers

The Canadian High Commission has expressed interest in opening new relationships and business opportunities in Rivers State for Canadian companies and investors. Canadian Deputy High Commissioner to Nigeria, Mr. James Christoff, stated this in Port Harcourt when he paid a...
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Ericsson Group Shows Interest in Nigerian Broadband Market

A multinational technology and networking services and equipment company, Ericsson, has expressed interest in investing in Nigeria’s broadband market. The team led by the Head of Government and Industry Relations, Ericsson Group, Shitlesi Makkhofane and Peter Olusoji of Ericsson Nigeria,...
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UBA Nine-Month Profit Soars by 33.2%

The United Bank for Africa Plc has reported a 33.2 per cent growth in its profit before tax for the unaudited third quarter financial results ended September 30, 2017. The pan-African financial institution’s result showed remarkable performance across key financial...
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