ZENITH BANK DIRECTOR INCREASES STAKE, ACQUIRES 4.04 MILLION UNITS OF SHARES

The Executive Director of Zenith Bank Plc, Mrs. Adobi Stella Nwapa, has acquired an additional 4.04 million shares worth N97.145 million in the company....

TENGEN HOLDINGS LIMITED INCREASES STAKE WITH THE ACQUISITION OF 150 MILLION UNITS OF SHARES IN ACCESS HOLDINGS 

Tengen Holdings (Mauritius) Limited, a company related to the Group Chief Executive of Access Holdings Plc, Dr. Herbert Wigwe, has again acquired additional 150...

DANGOTE REFINERY TO BEGIN PRODUCTION IN JUNE

The first batch of crude oil to be refined at the Dangote refinery will arrive in June. The first batch to be processed will...

BOTSWANA’S DEBSWANA TO INVEST $1 BILLION IN JWANENG DIAMOND MINE

Debswana to invest $1 billion in the development of its Jwaneng diamond mine. The state-owned diamond company in Botswana announced today. The development is anticipated...

NIGERIAN GOVERNMENT TO INVEST $50 MILLION IN OIL AND GAS PARK

The Nigerian government is committed to attracting investors for the newly commissioned oil and gas park. This was made known by Nigerian Content Development...

MTN GROUP MAY SELL WEST AFRICAN ASSETS BECAUSE OF BUSINESS CHALLENGE

MTN Group Ltd., Africa's largest mobile operator, is reportedly in advanced talks to sell some of its assets to Axian Group Ltd. Negotiations on...

SAFARICOM AUTHORISED TO OPERATE M-PESA IN ETHIOPIA

After seven months following the launch of GSM services, Safaricom Ethiopia has been authorised to operate mobile money services in Ethiopia.  With the M-PESA license,...

9MOBILE NIGERIA INVESTS MORE THAN N70 BILLION ON NETWORK UPGRADING, SAYS CEO

9mobile has invested over N70 billion in its ongoing network upgrade said Juergen Peschel, the Chief Executive Officer of 9mobile Nigeria. Lately, Peschel made this...

NIGERIA’S STOCK MARKET GAINS N61 BILLION, BEGINS THE WEEK ON A POSITIVE NOTE

The new trading week began on a good note as Nigeria's Stock Market recorded 0.22 percent or N61 billion rise at the end of...

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