LemFi Receives State Bank of Pakistan Approval, Strengthens Remittance Access Through UBL
Theresa Anyanwu September 22, 2025
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LemFi Receives State Bank of Pakistan Approval, Strengthens Remittance Access Through UBL

LemFi, the international payments platform operated by RightCard Payment Services Limited, has secured operational approval from the State Bank of Pakistan (SBP) to facilitate inbound remittances into the country. This regulatory milestone enables LemFi to officially operate in partnership with United Bank Limited (UBL), one of Pakistan’s most established and trusted financial institutions. The approval […]

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Vitafoam CEO Acquires ₦21.4 Million Worth of Shares in Strategic Insider Transaction
Theresa Anyanwu September 18, 2025
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Vitafoam CEO Acquires ₦21.4 Million Worth of Shares in Strategic Insider Transaction

Vitafoam Nigeria Plc has officially notified the Nigerian Exchange Limited and the investing public of recent share transactions involving one of its directors. The disclosure, dated September 18, 2025, outlines the purchase of company shares by Mr. Taiwo Adeniyi, the Group Managing Director and Chief Executive Officer of Vitafoam Nigeria Plc. According to the statement, […]

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Heirs Technologies Urges Bold Action to Accelerate Africa’s Digital Transformation
Theresa Anyanwu September 18, 2025
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Heirs Technologies Urges Bold Action to Accelerate Africa’s Digital Transformation

Heirs Technologies, a leading force in Africa’s digital innovation landscape, has released its inaugural industry report titled Africa’s Digital Leap: Cloud, Connectivity & AI in the Next Decade. The report outlines the technologies, policy priorities, and investment strategies poised to shape the continent’s digital future. Despite hosting nearly 19% of the world’s population, Africa accounts […]

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Spiro Makes Electric Bikes More Affordable for Nigerians
Theresa Anyanwu September 18, 2025
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Spiro Makes Electric Bikes More Affordable for Nigerians

Spiro, Africa’s leading electric mobility company with the largest battery-swapping network, has announced ₦1,440,000 as its retail price for the Ekon electric bikes in Nigeria. This pricing makes Spiro bikes a strong and competitive alternative to internal combustion engine (ICE) motorcycles, offering riders significant savings of up to 40% on fuel and maintenance costs. Beyond […]

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Rivian Breaks Ground on $5 Billion EV Manufacturing Hub in Georgia
Theresa Anyanwu September 17, 2025
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Rivian Breaks Ground on $5 Billion EV Manufacturing Hub in Georgia

Electric vehicle manufacturer Rivian has officially broken ground on its long-awaited $5 billion global manufacturing hub in northeast Georgia. The facility, located east of Atlanta across 2,000 acres in Morgan and Walton counties, is expected to become Rivian’s flagship production site for both U.S. and European markets. The plant will produce up to 400,000 vehicles […]

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GSK’s $30B Bet on America: AI-Driven Pharma Revolution Begins
Theresa Anyanwu September 17, 2025
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GSK’s $30B Bet on America: AI-Driven Pharma Revolution Begins

British pharmaceutical giant GSK has unveiled a sweeping $30 billion investment plan aimed at expanding its U.S. manufacturing and research footprint over the next five years. The announcement coincided with President Donald Trump’s state visit to the United Kingdom, underscoring renewed transatlantic collaboration in life sciences. Central to the initiative is a $1.2 billion biologics […]

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Eli Lilly Announces $5 Billion Drug Manufacturing Facility in Virginia
Theresa Anyanwu September 17, 2025
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Eli Lilly Announces $5 Billion Drug Manufacturing Facility in Virginia

Pharmaceutical giant Eli Lilly and Company has unveiled plans to construct a $5 billion manufacturing facility in Goochland County, Virginia, marking a significant expansion of its domestic production capabilities. The announcement was made jointly by company executives and Virginia Governor Glenn Youngkin, who praised the investment as a transformative moment for the state’s economy and […]

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Elon Musk Drops $1B on Tesla—Wall Street Reacts
Theresa Anyanwu September 17, 2025
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Elon Musk Drops $1B on Tesla—Wall Street Reacts

Tesla Inc.’s shares surged back into positive territory for 2025 after Chief Executive Officer Elon Musk purchased about $1 billion worth of stock, signaling renewed confidence in the electric vehicle company’s long-term prospects despite a turbulent year. A regulatory filing released on Monday revealed that Musk acquired the shares on September 12 through a revocable […]

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Café One Expands to 18 Locations Nationwide
Theresa Anyanwu September 17, 2025
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Café One Expands to 18 Locations Nationwide

Café One, Nigeria’s coworking and coffee lounge brand, has expanded its reach to 18 hubs across nine states, reinforcing its reputation as one of the country’s leading flexible workspace providers. The company announced the expansion in a statement on Tuesday, noting that it aims to redefine the future of work in Nigeria by merging productivity, […]

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UBA Commits $150m to Kenya’s $1.35bn Roads Programme, Boosting Infrastructure and Economic Growth
Blessing Zubairu September 16, 2025
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UBA Commits $150m to Kenya’s $1.35bn Roads Programme, Boosting Infrastructure and Economic Growth

United Bank for Africa Plc (UBA) has pledged $150 million (KES 20.5 billion) to Kenya’s Roads Levy Securitisation Programme, a $1.35 billion initiative designed to modernise the country’s transport infrastructure, speed up payments to contractors, and unlock new opportunities for trade and economic expansion.The landmark announcement was made in Nairobi at the weekend when UBA […]

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