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AugInternational Energy Insurance Plc has announced the takeover of the company by Norrenberger. Norrenberger has obtained the approval of the National Insurance Commission (NAICOM) to acquire 100% equity holding in the Company. Norrenberger has obtained the final approval of the NGX for the block acquisition of 50.6% equity in the first instance while it has commenced the […]
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AugThe Federal Government of Nigeria has secured a $1.5 billion loan facility from the US-EXIM Bank to deliver solar power infrastructure in 10 different locations nationwide. According to the Chief Executive Officer, SUN Africa LLC, USA, Adam Cortese, the government-to-government loan facility would cover a concession period of 20 years. He said, “This is government-to-government financing. It’s[…]
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AugFidson Healthcare Plc in the First Half of year 2022 achieved significant growth in its topline and bottom line figures. A turnover of N20.38 billion for the 6 months period, up by 57.62% from N12.93 billion reported the previous year. Profit after tax grew year on year by 127.16% to N2.7 billion from N1.19 billion achieved the[…]
