African Edutech Startup Raises $15 Million In Series-B Round
uLesson, African edutech startup, has secured a $15 million Series-B investment from global investors to…
Category: Investing
Berlin Based Grocery Delivery Start-Up Raises $750m In Financing Round
Grocery delivery start-up Flink has raised $750 million in an additional funding round, it said…
Chinese Ride-Hailing App Didi To Delist From New York Stock Exchange
Following months of speculation, Chinese ride-hailing app Didi announced last week that it would delist…
Equinix Acquire MainOne In $320m Deal
Equinix, Incorporated has announced that it is acquiring MainOne in a $320m deal that is…
Beneficiaries Of Tony Elumelu Foundation Get Insurance Plan From HIL And HLA
Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA) have extended simple insurance plans to…
Chinese Startup SenseTime To Raise $767 Million In Hong Kong IPO
Chinese artificial intelligence startup SenseTime Group is looking to raise up to $767 million in…
European Investors Back Kenyan Fintech “ Asilimia” with Equity And Debt
Kenyan fintech Asilimia raised $2 million in pre-seed funding ($1 million equity and $1 million…
Old Mutual Private Equity Signals Proposal To Buy Long4Life
Shares in Long4Life, the company owned by entrepreneur Bidvest founder Brian Joffe, soared in trade…
Nigeria Stock Exchange Record N589 Billion Loss
The Nigerian stock market declined by N598bn at the end of last week as some…
Elon Musk Continue With Sale Of Tesla Shares
Tesla Inc Chief Executive Elon Musk has sold another 934,091 shares of the electric vehicle…
SoftBank Shares Drop By 3 Per cent
Shares in Japanese conglomerate SoftBank Group Corp dropped over 3% on Friday after the giant…
Nigerian Mining Sector Get $2Bln Investment Pledge From UAE Investors
Investors from the United Arab Emirates have pledged $2bn worth of investments into the…
Europe Gas Pipeline Group “Snam” Acquire 25% Stake In East Mediterranean Gas Company
Europe’s biggest gas pipeline group Snam said on Thursday it had completed the acquisition of…
Airtel Nigeria Completes 8.22 Percent Shares Buyback
AIRTEL Nigeria, a subsidiary of Airtel Africa Plc, has completed the 8.22 percent shares buyback…
No Plan To Exit The Nigeria Market- MTN
MTN Nigeria Communications Plc is set to raise at least N97.18bn from its public offer…
MTN Nigeria Begin Sale Of Shares
MTN Group says it will sell up to 575 million shares held in MTN Nigeria…
Nigerian Stock Exchange Starts On A Downward Move
The Nigerian stock market began the week on a negative note as banking and consumer…
NGX Reopens Negative As Capitalisation Slumps By N20 Billion
Transactions on the Nigerian Exchange Limited (NGX) reopened on a downward note yesterday, occasioned by…
Dangote Refinery To Become Highest Employer Of Chemical Engineers
The National President of the Nigeria Society of Chemical Engineers has revealed that Dangote Oil…
Fintech Crossfin Sold In R1.5-Billion Deal
Crossfin Technology Holdings, a South African fintech investment firm, has been acquired by a consortium…
African Capital Alliance Provides Equity Portion Of WIOCC’s Capital Raise
WIOCC Holding Company Ltd has raised $200 million in debt and equity capital to expand…
UK Regulator Set To Block Meta’s Giphy Deal
The UK competition regulator is expected to block Meta Platforms’ acquisition of online GIF platform…
We’ve Carried Out Due Diligence In Honeywell Acquisition – Flour Mills
Flour Mills of Nigeria Plc (’FMN”) has assured its stakeholders that the recent announcement by…
Investors Lose N71.44bn As Oil, Banking Stocks Decline
Investors in the equities market of the Nigerian Exchange Limited recorded a loss of N71.44bn…
Flour Mills, Honeywell’s Market Capitalisation Jumps By 34%
Two of Nigeria’s largest flour milling companies, Flour Mills of Nigeria Plc and Honeywell Flour…
Agricorp Invests N4bn In Poultry Production
Agricorp International, Nigeria’s agriculture producing, processing and export company, has invested N4bn into acquiring poultry…
SEC Approves MTN Offer For Sale Of 575 Million Shares
MTN Nigeria Communications Plc has obtained the approval of the Securities and Exchange Commission for…
India Announces Bill To Ban Cryptocurrencies
India’s government will introduce a bill to ban private cryptocurrencies and create a framework for…
Musk Chides Binance CEO On Dogecoin Glitch
Tesla founder Elon Musk on Tuesday delivered a stinging rebuke to Binance Chief Executive Changpeng…