investment + september

19 Firms Line Up to Acquire Afam Power, Yola DisCo

About 19 companies have indicated interest to acquire Afam Power Company and Yola Power Distribution Company (YPDC) recently put up for sale by the federal government. The Bureau of Public Enterprises (BPE) spokesperson, Amina Tukur, said at the close of...
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Tambo Mobile Launches in Nigeria

Nigeria phone market, which is Africa’s largest phone market, last week, received a major boost with the launch of TAMBO Mobile, designed with latest innovations to disrupt African phone market. Launched with two distinct brand series, the Superphones and the...
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Total, Stallion Group Seal Pact on Lubricant Supply

Total Nigeria Plc and Stallion Group automotive members (Stallion NMN and Hyundai Motors Nigeria Limited) has signed a lubricant supply agreement following their choice of the brand as the recommended lubricant sales partner for all motor brands assembled and sold...
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Firm Eyes Nigeria’s Agric Sector

Woermann (Nigeria) Ltd said it is going to invest in the agric sector to complement the efforts of the Federal Government through the Anchor Borrowers Programme (ABP). Speaking during a media interactivesession in Lagos yesterday to mark the firm’s 50th...
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Textile Industry to Attract N610bn Investment

The Nigerian cotton industry will soon receive an investment of $2bn (N610bn) that will enable the country to create its first ever cotton value chain sector. Already, a Memorandum of Understanding has been signed between the Ministry of Industry, Trade...
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