Savannah Energy has recorded significant growth in production and revenue following the successful acquisition of Sinopec International Petroleum Exploration and Production Company Nigeria Limited (SIPEC), according to its Q1 2025 …
INVESTMENT
-
BusinessEnergyINVESTMENTNigeriaOil & Gas
-
DevelopmentEconomyGOVERNMENTINVESTMENTLabourNigeria
FG Sets Up Committee for National Industrial Manpower Development Summit
The Federal Government has inaugurated a seven-member planning committee for the first-ever National Industrial Manpower Development Summit, a strategic initiative aimed at strengthening Nigeria’s industrial development through skilled human capital. …
-
DevelopmentEconomyGOVERNMENTInfrastructureInternational RelationsINVESTMENTNigeria
Tinubu Reaffirms Nigeria-China Strategic Partnership to Boost Industrialisation, Economic Growth
President Bola Ahmed Tinubu has restated the Federal Government’s strong commitment to its strategic partnership with China, saying the collaboration is essential to Nigeria’s industrialisation drive and broader economic transformation …
-
BusinessEducationEventsInsuranceINVESTMENTNewsNigeriaWestern Africa
WAICA Unveils Speakers for 2025 Education Conference at Eko Hotels, Lagos
The West African Insurance Companies Association (WAICA) has announced the lineup of speakers for its 2025 Education Conference, set to hold from October 12 to 15 at Eko Hotels and …
-
AfricaBusinessDevelopmentEventsFinance & ServicesINVESTMENT
NSIA to Host Over 15 African Sovereign Wealth Funds and Global Investors in Abuja for ASIF 2025
The Nigeria Sovereign Investment Authority (NSIA) is preparing to host over 15 African sovereign wealth funds and top global investment leaders at the Africa Sovereign Investors Forum (ASIF) 2025, which …
-
AfricaBusinessBusiness InsightsBusiness PoliciesEconomyHealthcareINVESTMENTManufacturingNigeriaPolicies
Pharma Stakeholders Call for Local Production, Investment at 2025 Nigeria Pharmaceutical Summit
Top stakeholders in Nigeria’s healthcare and pharmaceutical sectors have reiterated the urgent need to improve local drug manufacturing capacity, calling for increased investment, technology adoption, and strategic partnerships. The call …
-
Banking, Finance & InvestmentBusinessBusiness InsightsFinance & ServicesINVESTMENTMarkets
Nigerian Stock Market Loses N197bn as Investors Take Profit and Sentiment Weakens
The Nigerian Exchange Limited (NGX) closed last week with a bearish performance, as the equities market lost N197 billion in market capitalisation. This followed weak investor sentiment and profit-taking activities …
-
Banking, Finance & InvestmentEconomyINVESTMENTMarketsNigeriaOil & Gas
Nigerian Stock Market Gains 64% in One Year Amid Investor Confidence and Strong Corporate Results
The Nigerian stock market has recorded a major gain of 64.11 per cent from July 2023 to June 2024, as the All-Share Index of the Nigerian Exchange Limited (NGX) rose …
-
EconomyFinance & ServicesInfrastructureINVESTMENTNigeria
First Asset Management unveils N100bn infrastructure fund
First Asset Management, a top investment company and a part of First HoldCo Plc, has launched a N100 billion infrastructure fund aimed at boosting critical infrastructure projects across Nigeria. The …
-
BusinessEconomyEntrepreneurshipINVESTMENTManufacturingNigeria
Yikodeen Gets $1.5m Boost from Aruwa Capital to Expand Safety Footwear Production in Nigeria
Nigerian safety footwear manufacturer, Yikodeen, has secured a $1.5 million investment from Lagos-based private equity firm, Aruwa Capital Management. The money will be used to expand Yikodeen’s factory, increase its …