Champion Breweries is preparing to launch a public offering to secure funding for its operations. This follows the company’s “Fact Behind the Figures” presentation at the Nigerian Exchange (NGX) on Tuesday, which is part of a strategy by its new core shareholder, EnjoyCorp, to quickly establish a presence in the market. During the presentation, key […]
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The World Health Organization (WHO) has approved Bavarian Nordic’s Jynneos mpox vaccine for adolescents aged 12 to 17, recognizing this age group as particularly vulnerable to outbreaks of the disease, which has raised global health concerns. In a statement released on October 8, the WHO announced the prequalification of the Jynneos vaccine for adolescents, emphasizing […]
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Transcorp Power Plc, a subsidiary of Transcorp Group, has announced its financial results for the third quarter of the year ending September 30, 2024, showcasing remarkable growth across its operations. In its unaudited Q3 2024 results filed with the Nigerian Exchange (NGX), Transcorp Power reported a revenue of N223.6 billion, marking a significant 153% increase […]
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Aradel Holdings is set to officially list its shares on the Main Board of the Nigerian Exchange (NGX) at a price of N702.69 per share on Monday, October 14, 2024. This announcement follows the company’s recent signing of a Sale and Purchase Agreement with global energy leader TotalEnergies and the Nigerian National Petroleum Company (NNPC) […]
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Investment firm Chapel Hill Denham has announced that it is serving as the official adviser to Aradel Holdings Plc as the energy company prepares to debut on the Nigerian Exchange (NGX) with a listing of 4.34 billion ordinary shares, priced at N0.50 each, on October 14, 2024. In a statement, Aradel Holdings revealed that its […]
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The National Agency for Science and Engineering Infrastructure (NASENI) has announced a series of innovative homegrown technology solutions, underscoring its dedication to the socio-economic advancement of the country. Mr. Olusegun Ayeoyenikan, NASENI’s Director of Information, shared this news in a statement on Saturday. During a press briefing celebrating his first year in office, NASENI’s Executive […]
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The Ministry of Arts, Culture, and Creative Economy (FMACCE), in partnership with Google, has launched a new initiative aimed at nurturing 2,500 young creatives in Nigeria. The ambition is to increase this figure to 10,000 through a specialized training program offered by the Del York Creative Academy. This partnership significantly bolsters FMACCE’s Creative Leap Acceleration […]
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XA Network, a premier investment network founded by technology alums in Southeast Asia, has announced its strategic expansion into Africa with the unveiling of XA Africa. This initiative signifies the network’s vision and underscores its dedication to nurturing promising startups globally. Founded by a trio of seasoned tech professionals, XA Africa is poised to impact […]
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General Motors (GM) announced on Thursday that its GM Energy division is offering electric vehicle (EV) owners a home storage solution for solar energy. This initiative is part of the company’s strategy to attract potential EV buyers. GM is introducing the GM Energy PowerBank, available in two battery capacity options: 10.6 kilowatt-hours and 17.7 kWh. […]
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The U.S. Justice Department has notified a federal judge that it is considering recommending the divestiture of specific segments of Google’s operations to remedy the damage caused by its monopolization of the online search market. According to Bloomberg, this action could lead to a significant antitrust breakup of the tech giant. In a court filing […]
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