Month: March 2021
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People & Money
Kwik Delivery Secures $1.7M for Expansion into New Markets
Kwik Delivery, a Lagos-based last-mile delivery startup, recently closed its pre-Series A financing round where it successfully raised $1.7 million…
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People & Money
Uber Names Tope Akinwumi Country Manager for Nigeria
Ride-hailing giant Uber on Thursday announced the appointment of Tope Akinwunmi as Country Manager for Nigeria, a position vacant since…
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Law and The Economy
Impressions: Personal Liability of Directors under the AMCON Act As Amended
The new amendments introduced by AMCON Act 2019 is geared towards providing more powers for AMCON to recover a substantial…
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People & Money
Nigeria Rejects Transparency International Latest Corruption Raking
The Federal Government of Nigeria has rejected the latest assessment of Nigeria in Transparency International (TI) corruption perception index, blaming…
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People & Money
FG to Labour: N120bn Monthly Petrol Subsidy Unbearable
Nigeria’s government on Thursday said the state would not, through the Nigerian National Petroleum Corporation (NNPC), continue to bear the…
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People & Money
United Capital’s InvestNow Records Over N1bn in Processed Assets
Shareholders of United Capital Plc will get dividends of 70 kobo per share, totaling N4.2 billion, for the 2020 financial…
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People & Money
Big Money: MultiChoice Raises BBNaija Prize to N90 Million
Multichoice has announced a staggering N90 million as the grand prize for the winner of season six of the Big…
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People & Money
Nigeria Gained New Smuggling Routes from Border Closure
The Benin-Nigeria border’s porosity, with numerous informal routes beyond the reach of customs and immigration officials on both sides, enables…
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People & Money
CardinalStone’s West Africa SME Fund Closes at $64M
Lagos-based private equity fund manager CardinalStone Capital Advisers (CCA) has announced the final close of its maiden private equity fund,…
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People & Money
Ayeyemi: Ecobank’s N10.4trn Asset Reflects Strength of Pan-African Model
The Ecobank Group’s total asset nudged up to N10.4 trillion in the year ended from N8.6 trillion in the corresponding…
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