Access Bank acquires African Banking Corporation of Tanzania
Alex Omenye Access Bank has acquired African Banking Corporation of Tanzania Limited in a significant move to strengthen its footprint in East…
Business
‘Funmilayo Ransom Kuti’ biopic rakes in N100mn in first week
The biopic ‘Funmilayo Ransom Kuti,’ produced by Bolanle Austen-Peters, has achieved a significant milestone, surpassing N100 million in ticket sales just three…
Johnvents industries receives $23m to expand cocoa processing facility
The agribusiness enterprise Johnvents Industries Limited has received a $23.3 million finance package offer from the International Finance Corporation to improve its…
African business leaders hit Lagos for energy transition talks
Leaders of various business organisations will gather in Lagos on Wednesday to speak on energy transition and sustainability in Africa. Africa Interviews,…
Geregu Power, Siemens energy partner to expand power plant capacity
Nigeria’s foremost power generation solutions provider, Geregu Power Plc and Siemens Energy have partnered to expand the capacity of the Geregu 1…
NAHCO projects N100bn revenue in five years
Nigerian Aviation Handling Company Plc has set a revenue projection of N100bn in the next five years. This was disclosed by the…
Champion Breweries shareholders approve 559m shares allotment plan
The shareholders of Champion Breweries Plc approved the allocation of 559,249,714 unallocated and unissued ordinary shares of 0.50 kobo per share from…
Apple slashes iPhone prices in China amid Huawei competition
Alex omenye Apple has initiated an aggressive discounting campaign on its official Tmall platform in China, offering price cuts of up to…
Nigeria-Taiwan trade shrinks by $500m – Envoy
The Chief of Mission to the Taiwanese Government in Nigeria, Andy Liu, has said that the value of trade between Nigeria and…
Bamboo adds local stocks to trading platform
Online brokerage firm, Bamboo has involved Nigerian stocks on its platform. This was disclosed in a statement by the company on…
Nigeria, China partner to bridge $18bn trade gap
Nigeria and China have partnered to boost agricultural exports from Nigeria to China amid the significant trade deficit of $18 billion between…
NGX Group introduce digital platform for public offers
The Nigerian Exchange Group has announced that it is perfecting plans to introduce a website for public offers across the African continent,…