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UK firm mulls investing $1.2bn in Nigeria

A UK development finance firm, CDC Group, says it is considering investing over a $1 billion in Nigeria over the next four years. The firm aims also to open offices.

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Agritech startup Farmcrowdy celebrates its second anniversary of empowering with close to 8,000 farmers

Nigeria’s digital agriculture startup Farmcrowdy, recently celebrated its second year of empowering close to 8,000 farmers across 10 states in the country. The platform, which allows Nigerians to venture in.

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Nigeria, Germany partner to address power shortages

An indigenous Solar energy firm, Econsultants Limited partners two German firms, Eclareon GMBH, Ideas Into Energy GMBH and the German Federal Ministry of Foreign Affairs to address epileptic power supply,.

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IBM to spend $25m on youth empowerment in Nigeria, others

The International Business Machines Corporation is to spend 25 million dollars (about N9 billion) in Nigeria and some other African countries for youth empowerment in the next few years. Director,.

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UPS adds Nigeria to its international delivery markets

American multinational package delivery and supply chain management company UPS has announced the addition of 14 new countries among them Nigeria served by UPS Worldwide Express, part of UPS’s international.

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MTN Creates New Drive for Business Partnership in Nigeria

In a bid to empower small businesses, impact on the economy through digital inclusion, MTN Nigeria has launched a partner programme initiative. The launch came up at the maiden Partner.

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Global Reporting Initiative appoints Nigeria’s Bekeme Olowola as board member

Global Reporting Initiative (GRI), the world’s sustainability impact measurement and reporting standards body, based in Amsterdam, has appointed Bekeme Olowola, Founder and Chief Executive of CSR-in-Action, headquartered in Nigeria, as.

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Vantage backed companies win prestigious awards

Vumatel and Tsebo, two companies funded by Vantage Capital, were recognized as the best medium-size and large-size private equity-backed South African growth champions respectively, at the inaugural South African Private.

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Vlisco proposes $200m investment in Nigeria

Vlisco Group, a Dutch clothes firm, has proposed an investment of 200 million dollars by the company in Nigeria, which would, in turn, create 700,000 jobs. President Muhammadu Buhari has.

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Nigeria’s daily oil production falls to 2.09 million barrels

The nation’s oil production, including condensate, declined by about 70,000 barrels per day to 2.09 million bpd in October, compared to the preceding month, new data from the Ministry of.

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