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SepCapital Hotels sells 51% of its shares to 22 Hospitality Ltd
Capital Hotels Plc has notified its Shareholders and other Stakeholders that 22 Hospitality Ltd has successfully acquired 1,611,995,510 Ordinary Shares of 50 kobo each representing 51% of the equity share capital of the Company through Private Placement. All the required regulatory approvals have been received for the transaction. In addition, […]
Union Bank partners Wacot Rice Limited to empower local farmers
In a bid to aid the financial inclusion drive of farmers in Kebbi State, Union Bank has entered into partnership with Wacot Rice Limited, a rice processing company. According to the bank the partnership is aimed to financially include 6,000 local farmers. This will include the youths and women in[…]
FG approves N29bn for road projects, other
The Minister of Information and Culture, Lai Mohammed recently disclosed that the Federal Government has approved N29.083 billion for projects in the Ministry of Works and Housing and Mines and Steel Development. According to the Minister of Information, N27.23 billion and N1.85 billion were approved to rehabilitate the 30km Idoani-Otuo[…]
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SepFG to create new jobs via National Sugar Masterplan
The Minister of Industry, Trade and Investment, Niyi Adebayo, recently disclosed that the Federal Government has approved Phase II of its 10-year National Sugar Masterplan with the goals of creating over 100,000 new jobs. According to Mr Adebayo, public and private sector players in the sugar trade—such as Dangote, BUA[…]
