Thursday, October 18, 2018
Vicampro potato farm in Jos, Nigeria

Private Equity Investors Sign $45million MoU For French Fries Processing Plants In Nigeria

Vicampro Farms has signed a US$45 million MoU with   BlackPace B.V and Kiremko B.V. to establish the biggest potato and French fries processing farm...
Olusegun Paul Andrew, executive chairman BlackPace Africa

Plateau, BlackPace Sign $65m MOU To Increase Potato Production

BlackPace Africa, an Africa focused investment management and advisory firm and the Plateau State Government have signed a Memorandum of Understanding (MoU) towards a...
ogaVenue

OgaVenue Targets $20Bn Nigerian Events Market With New Investment

ogaVenue, a Lagos-based online events venue booking platform, on  18 August,  announced that it has secured a $45,000 seed investment from Spark and Hotels.ng....
A private Jet owned by Femi Otedola, chairman, Forte Oil

Government Scrutiny, Recession Reduce Private Charter Jets by 46%

NAOMI NDUBUEZE Government inspection of the aviation sector and the current poor economic situation have forced down the number of private jets operating in Nigeria...
Andrew, chairman, Cros Agro

Cros Agro Invests in Potato, Coffee, Ginger Farms in Kaduna

Cros Agro Allied Ltd, a BlackPace company is making huge strategic investment in potato, oil palm, cocoa and ginger production to create employment opportunities...

Dangote Signs $2 billion Loan Deal with Industrial Commercial Bank of China

Africa’s richest man, Aliko Dangote has signed a $2 billion loan deal with the Industrial Commercial Bank of China Limited to build two more...
Kemi Adeosun, Finance Minister

MOF Seeks to Recover Un-remitted N450bn Operating Surpluses from MDAs

The Federal Ministry of Finance has announced the constitution of a committee to recover unremitted operating surpluses of agencies of government, running into N450billion.   The...

No joking; the Nigerian economy is in trouble

This is no longer a joke. The Nigerian economy is bleeding. If anyone had any doubt about how bad things are, just take a...
Lagos Market

Nigerians Hang Onto Religion In The Face Of Economic Headwinds

Nigerians are finding comfort in their religion as their economic conditions deteriorate; the latest “Personal Well Being” survey by NOI Polls has shown. The...
Oando Plc

HV Investments Make $210 Million Investment in Oando Downstream

Oando PLC is spinning off its downstream businesses into an independent entity following a $210 million investment from HV Investments II B.V., (“HVI”), a...
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