Business & Economy - Page 85

By MIKE ABBAH Access Holdings says its banking subsidiary, Access Bank Plc, has entered into a binding agreement with South African-based Bidvest Group Limited for the acquisition of a 100 percent equity stake in Bidvest Bank Limited. Sunday Ekwochi, Access

By RUKAYAT ADEYEMI (NAN) The Nigerian Exchange Ltd. (NGX) continued its bullish trend on Wednesday, gaining N183 billion. Accordingly, the market capitalisation, which opened at N59.532 trillion, gained N184 billion or 0.31 per cent to close at N59.715 trillion. The All-Share Index

Qualcomm Incorporated, an American multinational company, has called for applications from African startups for its ‘Make in Africa 2025’ programme. In a statement yesterday (Tuesday, December 10) in Lagos, Wassim Chourbaji, President of Qualcomm Middle East and Africa, said the programme,

By RUKAYAT ADEYEMI The domestic bourse rebounded from its previous trading session’s loss, adding N60 billion as investors renewed interest in MTN Nigeria, Oando Plc, Access Corporation and other advancing equities. Specifically, the market capitalisation, which opened at N59.472 trillion, rose

Eco Wave Power officially launches grid-connected demonstration model in Jaffa, plans two more for Los Angeles and Taiwan, commercial scale roll-out in Portugal By SUE SURKES (Times of Israel) An Israeli company, Eco Wave Power, whose pioneering ocean wave energy technology has

THE South East Business and Investment Summit (SEBIS) designed to set up a one billion dollar investment fund to support growth and development of Small and Medium Enterprises(SMEs) in the region begins on December 11, according to statement from SEBIS secretariat. The

Diageo, a global leader in premium spirits, has partnered with Celebr-8 Lyfe (a Tolaram Company) to transform Nigeria’s premium spirits market. The partnership, according to Kavita Hans, General Manager, Diageo West and Central Africa, who spoke in a statement earlier today

By RUKAYAT ADEYEMIl The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reiterated its commitment to addressing and resolving critical regulatory challenges within the wholesale supply sector for natural gas and petroleum liquids. Chief Executive Officer of NMDPRA, Mr Farouk