Business News

N6bn capital raising’ll boost productivity –Fidson

July 26, 2017/Punch Stanley Opara Fidson Healthcare Plc says its N6bn capital raising recently approved by shareholders will aid the expansion of its production capacity. Shareholders have approved the capital raise at the firm’s 18th Annual General Meeting held in Lagos for the purpose of enhancing business operation. The company’s […]

New Investors Close To Acquiring 9mobile

July 25, 2017/Independent By Justus Adejumoh A new investor may soon take over 9mobile which last week dropped Etisalat Nigeria as its brand name. According to sources, there are strong moves by some investors like Vodacom of South Africa, BUA Group, Virgin Mobile from the United Kingdom and Bharti Airtel […]

Indonesia Eximbank, NEXIM Bank signs MoU to enhance bilateral cooperation

July 24, 2017/NEXIM Bank The Indonesia Eximbank has signed an Memorandum of Understanding (MoU) with the Nigerian Export-Import Bank (NEXIM Bank) expressing  intentions to enhance cooperation and forge stronger relationships in promoting regional and global trade and investment between Indonesia and Nigeria. The MoU intends to foster trade, technical assistance, […]