TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement with Vaaris for the divestment of its 10 per cent non-operated interest in the onshore assets of the Renaissance Joint …
The Federal Government has commenced enforcement of a 0.5 per cent levy on the wholesale price of petroleum products and natural gas, tightening regulatory oversight in the downstream segment of …
Flutterwave Inc. has acquired open-banking startup Mono Technologies Nigeria Ltd. in a move aimed at boosting earnings, deepening its payments infrastructure and strengthening its prospects for a future initial public …
The World Bank has revised upward its growth outlook for Nigeria, projecting the country’s economy to expand by 4.4 per cent in 2026, up from the 3.7 per cent forecast …
Nigeria has signed a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE), a move the Federal Government has described as a major boost to trade relations and …
- EconomyUncategorized
US investor Joe Lonsdale leads $11.7m funding for Nigerian defence drone startup
Terrahaptix, a Nigerian defence technology startup, has raised $11.7 million in fresh capital to expand the development and deployment of security drones and related surveillance systems across Africa, as concerns …
The Nigeria Customs Service (NCS) has commenced the implementation of a new Standard Operating Procedure (SOP) to regulate courier companies operating under the Delivered Duty Paid (DDP) Incoterm. The Comptroller-General …
- EntrepreneurshipUncategorized
ARM launches ₦200bn private debt fund to boost SME access to long-term finance
ARM Investment Managers has unveiled a ₦200 billion private debt programme aimed at widening access to long-term financing for small and medium-sized enterprises (SMEs) in Nigeria, as part of efforts …
Ecobank Transnational Incorporated (ETI) has joined the elite league of trillion-naira companies on the Nigerian Exchange Limited (NGX), marking its first entry into the club in over 20 years of …
MultiChoice Nigeria has announced the appointment of Kemi Omotosho as its new Chief Executive Officer, following the retirement of long-serving CEO, John Ugbe. The company disclosed in a statement on …