Business News

Uber Pulls Out of Southeast Asia, Selling Operation to Rival Grab

25/3/2018/Bloomberg By Yoolim Lee and Eric Newcomer Grab to buy ride-sharing, food delivery businesses in region Uber gets 27.5% stake in rival, CEO to join Grab’s board Uber Technologies Inc. has agreed to sell its Southeast Asian operations to Grab, withdrawing from yet another fast-growing region to end a war […]

Petrolex, MAN, NIPC, others canvass for private investment in infrastructural development in Ogun

March 23, 2018/Zenera Consulting Policy makers and investors have urged Ogun State government to encourage private investment in infrastructural development. This was said during the Day 2 of the recently concluded Ogun State Investors Forum, where over 1,000 key players in the industrial, agricultural and technological sectors, gathered in Abeokuta, […]

MTN Raises Target for Ghana IPO to $787 Million

22/3/2018/Bloomberg By Moses Mozart Dzawu Share sale awaiting regulatory approval, likely to begin April Mobile-phone company preparing to list 35 percent stake MTN Group Ltd.’s Ghanaian unit lifted its target for an upcoming initial public offering by more than a half to 3.48 billion cedis ($787 million), according to two […]