Infinity Power Acquires Lekela Power in Africa’s Biggest Renewable Energy Deal
The acquisition of the whole stake in Africa’s wind power platform Lekela Power has been finalized by Infinity Power, a…
Day: March 27, 2023
ALCB Fund Purchases a Portion of the SOLEA Bond Issuance
The ALCB Fund contributed XOF 2 billion (USD 3.3 million) to the XOF 4 billion (USD 6.6 million) bond sale…
Maia Capital Pledges R100 million to Increase Financial Inclusion for Low-to-Middle Income People.
The low-to-middle income people in South Africa will now have better access to financial products, helping to reduce the country’s…
IBL Group-Led Partnership To Acquire Majority Interest In Equator Energy
Among its most recent initiatives are the sale of a majority share in Equator Energy Ltd. by Maris Ltd. and…
I&M Receives Sh457 million as Dividend from a Mauritius Subsidiary.
As a result of the unit’s increased financial performance over the time, I&M Group received a dividend from Bank One,…
A Weekly Reduction in Natural Gas Prices is Anticipated.
The price of natural gas was trading up to $2.191 (+1.81%), however prices are falling week over week.The price of…
Savannah has Threatened to Sue in Response to the Planned Nationalization of Chad’s Assets.
Savannah Energy has said that it will legally contest Chad’s intentions to seize its assets. The Republic of Chad’s conduct,…
NGX Plans to Introduce Non-depository Receipts to Expand its Market.
The NDR would open up financial products traded on an offshore market to the investing public and provide investors access…
NPC Requests Nigerian Involvement and Pledges a Reliable Census
Nasir Kwarra, the chairman of the National Population Commission, has urged Nigerians to volunteer to be counted during the next…
FCMB Initiates a N300 billion Capital Raise.
After the first tranche of the multi-tranche program was successfully completed, FCMB Group Plc, the parent company for First City…
Zenith Bank CEO is Honored by UNN
Ebenezer Onyeagwu, group managing director and chief executive officer of Zenith Bank Plc, received a doctorate in business administration from…
Foreign Reserves Decline by $1.43bn in Ten Weeks.
Experts concurred that the CBN’s approach to currency management was the primary cause of Nigeria’s precarious position in its foreign…
Review the Cashless Policy, Small Business Owners Urge FG
The Central Bank of Nigeria has been requested to examine its cashless policy by small company owners operating under the…
Osun Seeks for Potential in AfDB’s $618 million Tech Fund
Ademola Adeleke, the governor of Osun State, stated his administration’s willingness to work with the African Development Bank and take…
Costs Rise as Foreign Airlines Increase the Currency Rate.
Over $743 million in stranded cash were being used by international airlines coming into Nigeria as of January this year.…