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Caverton Helicopters Ltd signs deal with France’s Thales Group

Caverton Helicopters Ltd signs deal with France’s Thales Group

Nigeria’s Caverton Helicopters Limited has signed a Factory Acceptance AW139 Reality HFull-Flight Simulator deal with Thales Group.
Verod Capital to acquire Law Union & Rock Insurance

Verod Capital to acquire Law Union & Rock Insurance

Verod Capital is set to buy a 100% stake in Law Union & Rock Insurance Plc, as the latter got its legal backing from the Transaction Implementation Agreement (TIA)
Europe’s payments industry drop by 27.8% in deal activity Q4 2019

Europe’s payments industry drop by 27.8% in deal activity Q4 2019

Europe’s payments industry witnessed a drop of 27.8% in overall deal activity during the fourth quarter of 2019, when compared to the Q4 2018.
Farmcrowdy acquires Best Foods to explore meat market

Farmcrowdy acquires Best Foods to explore meat market 

Farmcrowdy is officially going into the business of selling meat after acquiring a majority stake in Best Foods.
Harsh reviews trail FinTech Apps on popular app store.

Nigeria Fintechs take lead in Africa, attract $122 million fund in 2019

The Financial Technology (Fintech) industry in Nigeria has come to stay, as it took the lead in Africa attracting $122 million in funds in 2019.
Seplat to acquire more oil & gas assets after Eland's acquisition

Seplat to acquire more oil & gas assets after Eland’s acquisition

Seplat Petroleum is considering acquiring more oil and gas assets as it looks to expand its portfolio in the oil industry.
British company set to acquire more Nigerian oil & gas firms

British company set to acquire more Nigerian oil & gas firms

 Savannah Petroleum Plc has disclosed its intention to acquire more Nigerian companies in the coming years to expand its footprint in Nigeria.
NLNG, Total sign 10-year deal 

NLNG, Total Gas & Power sign 10-year sales deal 

A sale and purchase agreement has been sealed by NLNG and Total for some of the remarketed volumes of Liquefied Natural Gas.
Paga acquires Ethiopian-based startup, Apposit, announces Paga subsidiaries

Paga acquires Ethiopian-based startup, Apposit, announces other subsidiaries

Nigerian tech startup, Paga, has acquired Ethiopian-based software development firm, Apposit.
Access Bank, Scam Alert: Access Bank issues warning to customers over fraudulent acts , Director, West Africa region, IE, Onyekachi Eke, Access Bank lists N30 billion bonds on NSE , Access Bank, Zenith Bank Plc, Access Bank Plc and United Bank for Africa Plc, Zenith Bank Plc, Access Bank Plc and United Bank for Africa Plc, A new BVN guideline to curb e-fraud is coming soon - CBN announces , Access Bank donates 66 laptops to children in underserved communities, Access Bank postpones closed period for 2019 Year-End financial statement, Access Bank dispels rumour about its CEO being arrested, Access Bank set to establish subsidiary in Cameroon after acquiring Kenyan bank, Access Bank finally acquires Kenyan bank, Transnational Bank Plc, Herbert Wigwe: We are clamping down on malaria with the Malaria-To-Zero Initiative, Access Bank to list N15 billion green bond on Luxembourg Stock Exchange 

Access Bank finally acquires Kenyan bank, Transnational Bank Plc 

Access Bank has finally acquired 100% of Kenya’s Transnational Bank Plc and its 28 branches after receiving final approval from CBK.

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COVID-19: Ecobank commits about N100 million to national radio campaign “StaySafeNigeria”

Villgro Kenya joins list of investors hunting for innovative ideas to fight Covid-19

Villgro Kenya, a healthcare-focused incubator and investor, has joined the growing list of investors who are seeking to fund  startups with innovative ideas that can help in the fight against the Coronavirus pandemic.
Nigeria, others to secure GPE’s $250 million Coronavirus support fund

Nigeria, others to secure GPE’s $250 million Coronavirus support fund

Nigeria and other 38 African countries are set to secure the $250 million funding provided by the Global Partnership for Education (GPE).
Chinese Engineering firm donates medical supplies to Nigeria

Chinese engineering firm donates medical supplies to Nigeria amid Covid-19

CCECC has donated over one million masks and other medical supplies, as part of its CSR to help Nigeria combat the COVID-19 pandemic.
NloTEK develops COVID-19 solution for elderly and vulnerable, receives $6,000 from Cairo Angels

NloTEK develops COVID-19 solution for senior citizens, wins $6,000 from Cairo Angels

As the confirmed cases of the Coronavirus hit over a million globally, tech startup, NloTEK, has been selected to develop solutions that could aid in the fight against the pandemic.
NAICOM, Recapitalisation: 44 firms get NAICOM’s nod , NAICOM boss makes case for recapitalisation, insists the exercise will solidify insurance sector , NAICOM extends recapitalisation deadline for insurance companies to meet new capital base, Due to lack of ‘process’, NAICOM says no insurance firm has met recapitalisation requirement, Insurance: Recapitalisation exercise sets consolidation in motion, Insurance firms are reportedly selling off assets to meet NAICOM’s recapitalisation deadline, Insurance: NAICOM mulls extension of recapitalization exercise

INSURANCE: NAICOM mulls extension of recapitalisation exercise

There are indications that NAICOM will extend the deadline for the recapitalisation of insurance and reinsurance companies for the second time.