Investment News

South/South East Angel Network (SSEAN) has made its first set of investments, financing two startups – agritech startupAlphotazi Farms and Greenage Technologies. Alphotazi received NGN 2 Mn (USD 5,555) to build modular processing plants for cassava, while…

Jiji.ng and OLX, have announced that both companies have reached an agreement under which Jiji will acquire OLX businesses in Ghana, Kenya, Tanzania, and Uganda, pending certain regulatory approvals, and OLX users in Nigeria will be redirected…

After a successful launch of Konga Travel, a revolutionary omni-channel travel booking agency, the management of Konga, has confirmed plan to launch an integrated and cost-effective health project across Nigeria. The move is to better meet the…

TSX-listed Thor Explorations has executed an agreed term sheet with pan-African development finance institution, the Africa Finance Corporation (AFC), for a $78-million financing package for the construction and ramp-up of its Segilola gold project in Nigeria. This…

The Gas Aggregation Company of Nigeria (GACN) has given a gas purchase order (GPO) to the Nigerian Gas Marketing Company (NGMC) for the development of a joint mini-liquefied natural gas (LNG) plant in Ajaokuta, Kogi State, with…

There is great potential for trade between Việtnam and Nigeria and investment in many sectors like agriculture, agricultural processing, garment, footwear, mining, and production of construction materials, a bilateral trade and investment forum heard in HCM City…

Jaiz Bank Plc has secured a N3 billion financing facility from the Bank of Industry (BOI) to boost and develop Micro, Small and Medium Enterprises in the country. The funds according to a statement, would be lent…

Nigeria has been listed among five countries to benefit from the $20 million Africa Enterprise Challenge Fund (AECF) launched to fund businesses that promote household solar energy systems to rural markets in sub-Saharan Africa in five years….

United Arab Emirates-based retailer Lulu Group International intends to set up a sourcing and logistics facility in Nigeria to export local agricultural produce to its various operations across the GCC, India and Far East. The plan was…

Skyway Aviation Handling Company PLC (SAHCO) has signed a contract with Virgin Atlantic Airline to handle its cargo operations. SAHCO Plc was chosen by the airline based on the company’s track records in Cargo Handling, Ramp Handling,…