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FG sets up $100m equity investment scheme to support Nigerian oil companies

NCDMB, BOI sign deal By Obas Esiedesa, Abuja The Federal Government has launched a $100 million equity investment scheme aimed at boosting the capacity of Nigerian companies operating in the oil and gas sector. The initiative was unveiled on Tuesday at the 2025 Practical Nigerian Content Forum in Yenagoa, Bayelsa State, by the Executive Secretary […]

Prada completes acquisition of flashy rival Versace

Italian fashion group Prada announced on Tuesday it had completed its acquisition of smaller rival Versace, announced earlier this year for 1.25 billion euros (now $1.45 billion). Prada Group said in a statement that the deal with Capri Holdings, the US group which owned Versace, had “received all required regulatory clearances”. Lorenzo Bertelli — the […]

Transparent capital market, key to economic growth — Udo Udoma

Former Minister of Budget and National Planning, and immediate past Chairman of the Securities and Exchange Commission (SEC), Sen. Udoma Udo Udoma, has reaffirmed the central role of a transparent and innovative capital market in driving sustainable economic growth.

5 top African countries that won’t be at AFCON 2025

As the list of 24 qualified countries for AFCON 2025 in Morocco was confirmed, several respected African football countries found themselves on the outside: unable to secure a ticket to the continent’s biggest tournament.

Police nab suspected IPOB member in Anambra

He said that the suspect was immediately apprehended, and a search conducted on him led to the discovery of a handcuff wound and the recovery of a handcuff.

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