Airtel Africa, a telecom and mobile money services company, has partnered with Network International, a facilitator of digital commerce in the Middle East and Africa, to serve as its payment processor. This announcement was made in a statement by Mr. Ian Ferrao, the Group Chief Executive Officer of Airtel Money, […]
Author: Business Nexus
Tolaram to acquire Diageo’s 58.02% shareholding in Guinness Nigeria
Tolaram Africa will acquire Diageo’s 58.02% shareholding in Guinness Nigeria, and enter into long-term license and royalty agreements for the continued production of the Guinness brand and its locally manufactured Diageo ready-to-drink and mainstream spirits brands. This was contained in the company’s notice to the Nigerian Exchange Limited (NGX) and […]
SEC approves Nigeria’s first naira-denominated private debt fund
The Securities and Exchange Commission (SEC) has approved the FCMB-TLG Private Debt Fund, Nigeria’s first Naira-denominated Private Debt Fund. The group in a statement said the FCMB-TLG Private Debt Fund targets Qualified Institutional Investors (QIIs) and high-net-worth individuals (HNIs). Established in May 2024 and sponsored and managed by FCMB […]
Caverton names Akin Kekere-Ekun and Bello Gwandu as chairmen of its subsidiaries ….Adedeji Adeola as group CFO
The Board of Caverton Marine Limited and Caverton Helicopters Limited, both subsidiaries of Caverton Offshore Support Group Plc, has announced the appointment of Mr. Akin Kekere-Ekun and Mallam Bello Gwandu as Chairmen of their respective companies. This information was disclosed in the group’s notice to the Nigerian Exchange Limited […]