Airtel Africa gets approval for payment service bank business in Nigeria
Airtel Africa, a provider of telecommunications and mobile money services, said that its subsidiary — SMARTCASH Payment Service Bank Limited has secured approval in principle ... Read More
Hero MotoCorp unveils plans to revive operations in Nigeria
Hero MotoCorp, an Indian manufacturer of motorcycles and scooters, has revealed plans to revive its operations in Nigeria. In this connection, the Indian automobile company ... Read More
WorldRemit introduces USD payout option in Nigeria
WorldRemit said that its customers in Nigeria can now receive remittances in foreign currency (USD) via its cash pick up providers. The UK-based digital cross-border ... Read More
Nigerian fintech company Paystack to be acquired by Stripe
Stripe acquisition of Paystack : American payment technology firm Stripe has signed a deal to acquire Paystack, a Nigerian fintech company, for an undisclosed price. ... Read More
Azikel Refinery Project : McDermott wins engineering and procurement contract
Azikel Refinery Project : McDermott International has bagged an engineering and procurement contract from Azikel Petroleum for the modular Hydro-Skimming Refinery project in Nigeria. The ... Read More
Farmcrowdy acquires Nigerian meat processing company Best Foods
Farmcrowdy, Nigerian digital agriculture platform, has acquired majority stake in meat processing company Best Foods for an undisclosed price to offer the market with broader ... Read More
Nigeria LNG Expansion Project : Eni and partners take FID on NLNG expansion
Eni and its partners have taken the final investment decision (FID) for the Nigeria LNG Expansion Project, the expansion project of their existing liquefied natural ... Read More
Vitol signs deal with NLNG to buy Nigerian LNG from 2021
Vitol has signed a sale and purchase agreement (SPA) to buy LNG from Nigeria LNG Limited (NLNG) through the latter’s Trains 1, 2 and 3 ... Read More