EU signs South America trade deal after 25 years of talks
The European Union and Mercosur on Saturday formally signed one of the world’s largest free trade agreements, concluding negotiations that have stretched…
Business
EU to introduce rules prioritizing local firms in investment decisions
The European Union is preparing to introduce a series of new measures aimed at prioritizing local companies in investment decisions by both…
Metro Africa Xpress raises $24m in equity, debt funding round
Metro Africa Xpress, a Nigerian mobility financing startup, has secured $24 million in a blended equity and debt funding round. The round…
GEEP, NIRSAL partner to strengthen risk management
The Government Enterprise and Empowerment Programme has formed a strategic partnership with the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending to…
SEC lowers fund manager capital requirement to 0.1% after industry pushback
The Securities and Exchange Commission has clarified that fund and portfolio managers are required to hold 0.1 per cent of Assets Under…
Geregu Power board proposes N9 dividend per share
The board of directors of Geregu Power Plc has proposed a dividend of N9 per ordinary share. In a statement signed by…
MyInvestar records 821% inflow growth amid economic headwinds
First Ally Asset Management recorded an exceptional performance year for its digital investment platform, MyInvestar, as Nigeria’s financial markets contended with a…
Eterna Plc announces N10bn rights issue for expansion
Eterna Plc, a major player in Nigeria’s energy sector, has announced plans to raise N10 billion through a rights issue involving the…
FG launches policy to boost iIndustrial growth
The Federal Government has unveiled the Nigerian Industrialisation Policy, aimed at boosting value addition, promoting industrial growth, and creating jobs nationwide. The…
UBA capital hits N513bn as NGX lists new shares
The Nigerian Exchange Limited has listed an additional 3.16 billion ordinary shares of United Bank for Africa Plc on its daily official…
Outsourcing firm Tranter deploys over 268 engineers across top sectors
Tranter IT has announced that it has formalised its position as an experienced Business Process Outsourcing delivery partner in Nigeria, citing more…
Dangote Refinery begins round-the-clock petrol supply
The Dangote Petroleum Refinery has begun night-time loading as it steps up efforts to maintain a daily supply of over 50 million…