First Edition of the Tastemakers Wine Series Hosted by Vendease

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MarketsReal Estate

Veritasi Homes redeems its commercial paper series 1 and 2 for N5.53 billion.

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January 3, 2023
Real estate development firm Veritasi Homes and Properties Limited has reported the successful maturity and redemption of its first series 1 and 2 Commercial Paper issued as part of its N10 billion issuing program. Tobi Yusuff, partner and head of marketing communications, Veritasi Homes; Adetola Nola, chief executive officer, Veritasi Homes; Tadeni Balogun, managing director, AVA Trustees…
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Banking

Afreximbank's FEDA purchases a stake in Geregu Power

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December 28, 2022
The African Export-Import Bank’s (Afreximbank) Fund for Export Development in Africa (FEDA) has announced that it has received internal approvals to acquire a strategic minority stake in Geregu Power Plc. FEDA is the development impact investment platform of Afreximbank with the mandate of providing capital towards advancing intra-African trade, export development and industrialization in…
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Technology

Propcrowdy launches crowdfunding intermediary platform

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December 28, 2022
Propcrowdy, Nigeria’s property technology (Proptech) firm, has launched a crowdfunding intermediary (CFI) platform into the Nigerian market. This is following from the approval of the platform by the Securities and Exchange Commission (SEC). With this approval, Propcrowdy…
Markets

Prior to implementing its intentions to stop password sharing, Netflix risks losing subscribers.

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December 28, 2022
Although Netflix is putting an end to password sharing, this could present difficulties for both users and the streaming service. By requiring users who share accounts to pay, Netflix has announced that it will end password sharing as of 2023. Early in the year, according to the corporation, the adjustment will start to be implemented in the United States. According to rumors, the streaming…
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Technology

Minister of Communications Pantami Meet with officials from SpaceX.

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December 20, 2022
Isa Ali Pantami, Minister of Communications and Digital Economy of Nigeria held meetings at Space Exploration Technologies Corporation (Space X) headquarters in Hawthorne, California to discuss the expansion of the company’s presence in Nigeria, following their entry into the Nigerian market via the Starlink broadband service. The minister was received on arrival by Samuel ‘Chad’ Gibbs IV…
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