Corporate deals Archives

$NCC, MDA, SEEPCO, local content laws, CBN Cashless Policy: Reps eye policy reversal, court Emiefele approval , Lawmakers tackle Finance Minister over failed CCTV project worth $460 million , Former Ghanaian President, Mahama begs Buhari to open border Former President of Ghana, John Mahama has appealed to President Muhammadu Buhari to open up its borders saying that Ghana has been heavily affected by Nigeria’s decision to close its borders. Mahama said that for economic activities to resume in West Africa, Nigeria needs to reconsider its decision on the total border closure. He made this plea while delivering the seventh anniversary lecture of investiture into The Realnews Hall of Fame and the unveiling of a book, titled: Pathways to Political and Economic Development of Africa. According to the former president as reported in The Nation, the closure of especially the Benin border, was taking a significant toll on many small and medium businesses, especially in Togo, Ghana and Cote D’Ivoire, which relied on inter-country trade. “I am sure that businesses in Nigeria that rely on supplies from these countries are also suffering. With the signing of the joint border task force agreement between Nigeria and her neighbours, I will like to take this opportunity to appeal to Nigeria to open up her border so that economic activities can resume,” Mahama said. While reacting to the shut down of shops owned by Nigerians by the Ghana Union of Traders’ Association (GUTA) as retaliation to the border closure, Mahama said; “Back home in Ghana, I also look forward to our government’s intervention that brings an immediate cessation to the forceful and illegal closure of shops of foreigners, especially Nigerians, by members of the local trade associations”. Mahama who is a former Chairman of the Economic Community of West Africa States (ECOWAS) spoke on how he still has an abiding interest in the progress of ECOWAS and its people. In this light, he said that Nigeria being the home of ECOWAS and the largest economy in West Africa should not allow the objective principles for establishment of ECOWAS to be lost. Meanwhile, the Vice Chancellor of Niger Delta University, Bayelsa State, Prof. Samuel Edoumiekumo, advised President Muhammadu Buhari not to yield to pressure to reopen the borders. Edoumiekumo who was also present at the lecture said President Buhari should remain firm in his resolve to ensure economic growth and the country’s development as the border closure will generate more revenue for the nation and tackle smuggling., Nigerians are enraged as lawmakers reject Innoson cars for latest Toyota Camry , FMBN ex-MD ordered to refund his salary, submit FMBN accounts over infractions$

Business5 hours ago

Nairametrics

FMDQ Securities Exchange admits Total Nigeria Plc and 2 others CPs

Corporate deals

DEAL: Heirs Holdings acquires 45% of OML 17 from Shell, Total and Eni

Deal: Ardova to acquire Enyo

Major shareholder splashes N4.95 billion on additional shares of Champions Breweries Plc

Access Bank completes acquisition of Zambian Cavmont Bank Ltd

Peace Mass Transit acquires 55.82% ordinary shares of C&I Leasing Plc

Stellantis: Fiat and PSA Group to finalise merger

AIICO Insurance Plc Rights Issue over-subscribed by shareholders

San Leon extends completion date for Decklar acquisition

AstraZeneca set to buy Alexion for $39 billion

Dangote Cement, Lafarge drag Industrial Index up by 2.84% to close the second week in green

FG yet to purchase Covid-19 vaccines – Minister of State for Health

Reps oppose school resumption date, ask for 3 months extension

Nigerian government spends equivalent of 83% of revenue to service debt in 2020

Crypto investors lose $530 million within a day

COVID-19 Update in Nigeria

Top 5 billionaires lost $8 billion in a day

Very few nations permitted to issue their Crypto – IMF

$128 million worth of Bitcoin exchange hands, Bitcoin drops to $36,100

FG receives N144 billion in dividends from NLNG in 2020

Fintech companies that offer stock investment are they regulated by SEC? | EMM

Percentage of income you should be saving for future investments | EMM

We are creating authentic and inclusive African stories with animation | Nissi Ogulu

Critical things for value proposition in PR | Tolulope Olorundero CEO Mosron Communications | BHH

Best investments available going into 2021 | EMM