Nigerdock, the developers of Snake Island Integrated Free Zone (SIIFZ) in Lagos, have officially announced the establishment of Transocean Coatings FZE, a new affiliate of Transocean Coatings Nigeria Limited. The …
INVESTMENT
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BusinessInfrastructureINVESTMENTNigeriaTrade and Commerce
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Finance & ServicesGOVERNMENTINVESTMENTMarketsNigeriaPoliciesSecurity
SEC Orders Companies to Honour All Unclaimed Dividends, Rejects 12-Year Limit
The Securities and Exchange Commission (SEC) has issued a directive instructing all public companies and their registrars to stop denying shareholders access to dividends unclaimed for more than 12 years, …
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AfricaDevelopmentEconomyEntrepreneurshipInternational RelationsINVESTMENTNigeriaPoliciesTrade and Commerce
Ohuabunwa Criticises Government’s Lukewarm Trade Policy
Founder and former CEO of Neimeth Pharmaceutical, Mazi Sam Ohuabunwa, has criticised the Nigerian government for its slow and disinterested approach to trade and franchising, warning that the lack of …
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Banking, Finance & InvestmentFinance & ServicesInsuranceINVESTMENTMarketsNigeria
TAJBank Signs Completion Agreement for N20bn Second Sukuk Bond Tranche
Non-interest financial institution, TAJBank Limited, has signed the completion agreement for the N20 billion second tranche of its N100 billion Mudarabah Sukuk bond programme. The agreement ceremony took place on …
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AFRICA NEWSEconomyInfrastructureINVESTMENTNigeriaPolicies
Experts Advocate Strategic Partnerships, Investment to Bridge Africa’s Infrastructure Gap
LAGOS, Nigeria – Stakeholders have stressed the urgent need for massive infrastructure development across Africa to drive sustainable economic growth, job creation, and industrial competitiveness. This position was made known …
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Finance & ServicesGOVERNMENTINVESTMENTReal Estate
Homebase Mortgage Bank Gets N3.5bn Boost from FG to Expand Affordable Housing Loans
Homebase Mortgage Bank has received a major financial injection of N3.5 billion from the Ministry of Finance Incorporated (MOFI) under the Real Estate Investment Fund On-Lending Facility (MREIF). The move …
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Finance & ServicesGOVERNMENTINVESTMENTPolicies
Alexforbes Declares Special Dividend After Winning Court Case
South African financial services firm, Alexforbes, has declared a final and special dividend after winning the first phase of a legal battle involving a long-standing liability. The company, led by …
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BusinessEconomyEnergyGlobal NewsGOVERNMENTInfrastructureINVESTMENTSouth Africa
Transformation Is Key to South Africa’s Economic Growth – BLSA CEO
Chief Executive Officer of Business Leadership South Africa (BLSA), Busisiwe Mavuso, has said that South Africa’s economic future depends heavily on transformation and continuous reforms. She made this known in …
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BusinessEconomyEntrepreneurshipFinance & ServicesINVESTMENTNigeriaTechnology
Gbenga Magbagbeola Charts New Path for Nigerian Investors as He Leads Sycamore Asset Management
Gbenga Magbagbeola, the new Managing Director of Sycamore Investment and Asset Management Limited, says his firm is taking a fresh approach to tackle problems that have made investing difficult for …
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AfricaDigital EconomyGOVERNMENTINVESTMENTPoliciesTechnologyTrade and Commerce
FG Partners Itana to Attract Global Tech Investors and Boost Digital Trade in Nigeria
The Federal Ministry of Industry, Trade and Investment has signed a fresh agreement with Itana, Nigeria’s first government-licensed digital economic zone operator. The aim is to boost digital trade, create …