Recent Posts

FG Approves Establishment of SIM Swap Centres Across LGAs

The Federal Government has approved for the Mobile Network Operators (MNOs) to establish dedicated SIM Swap Centres across the Local Government Areas (LGAs) in Nigeria The approval was given at the meeting of the Ministerial Task Force on the NIN-SIM registration held February 26, 2021 and chaired by the Minister …

Read More »

Africa Attracts $895mn in Equity Investment Two Months

Since January 2021, Africa has mobilized a total of $895 million in private equity investment, we learned. The largest PE transaction was carried out by SPE Capital Partners for its first fund targeting Africa and the Middle East. The company raised $258 million for an initial target of $200 million. “This is an …

Read More »

NNPC Says No Increase in Fuel Price in March

Contrary to speculations of imminent increase in the price of Premium Motor Spirit (petrol) in the country, the Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of petrol in March, 2021. A press release by the Group General Manager, Group Public Affairs Division, Dr. …

Read More »