25 results
- 13 Oct 2025
Shareholder Rights Dispute Hits DPI, Verod Capital Over Pan African Towers Acquisition
A shareholder-rights lawsuit has emerged in connection with the 2023 acquisition of Pan African Towers (PAT), as the Federal High Court in Ikoyi, Lagos, resumed hearings in a case filed by the…
- 27 Nov 2023
DPI, Verod Capital Partner to Back Management of Pan African Towers
Pan African Towers (PAT), a leading digital infrastructure company based in Nigeria, has announced a strategic investment from Development Partners International (DPI), a premier investment firm…
- 7 Sept 2018
AfDB Approves $15M Equity Investment to Boost SME in Nigeria, Others
The Board of Directors of the African Development Bank has approved a US$ 15 million equity investment in Verod Capital Growth Fund III, a private equity fund that will make investments in high…
- 31 Jul 2020
Law Union & Rock Insurance to Beat Recapitalization Deadline
Ademayowa Adeduro, Managing Director, Law Union & Rock Insurance Plc, has said the company will complete its recapitalisation before December 2020, ahead of the regulatory deadline. Adeduro said…
- 29 Oct 2024
Moniepoint Secures $110 Million Investment to Scale Digital Payments, Banking Solutions
Moniepoint, Africa’s fastest-growing fintech, has successfully raised US$110 million in equity financing, to power the dreams of millions of businesses and their customers across Africa and the…
- 1 Aug 2024
Pan African Towers Appoints Jyoti Desai, Vivek Gupta as Non-Executive Directors
Pan African Towers (PAT) Ltd, provider of digital infrastructure has announced the appointment of Jyoti Desai and Vivek Gupta as Non-Executive Directors, with effect from May 21st, 2024. Jyoti Desai,…
- 28 Oct 2024
Moniepoint Secures US$110m Funding to Scale Digital Payments and Banking Solutions
Moniepoint Inc, africa’s fastest-growing financial institution has successfully raised US$110 million in equity financing, to power the dreams of millions of businesses and their customers across…
- 14 Jul 2022
Experts Applaud MTN’s Novel Public Offer
MTN Nigeria’s novel approach to its Public Offer has received commendation from Capital Market experts at the 2022 Investment Banking Awards organised by the Association of Issuing Houses of Nigeria…
- 17 Jul 2022
Experts @ AIHN Awards Applaud MTN’s Novel Public Offer
MTN Nigeria’s novel approach to its Public Offer has received commendation from Capital Market experts at the 2022 Investment Banking Awards organised by the Association of Issuing Houses of Nigeria…
- 19 Nov 2021
BoI Offers Funding Opportunities for Startups
The Bank of Industry has unveiled new funding opportunities for tech startups with creative solutions to problems faced by Nigerians. Kayode Pitan, the Managing Director of the bank, noted that…
- 6 Nov 2024
Moniepoint MFB Appoints Bayo Olujobi as Chief Financial Officer
Moniepoint Microfinance Bank, recognized by the Financial Times as Africa's fastest-growing financial institution, has announced the appointment of Bayo Olujobi as its Chief Financial Officer (CFO)…
- 29 Jan 2026
Moniepoint Marks 10 Years of Transforming Nigerian Businesses
Moniepoint Inc., Nigeria's definitive platform for small businesses and Africa’s all-in-one financial ecosystem, today released its 2025 Year in Review, marking a decade of "financial happiness" and…
- 5 Jun 2016
#Biztorials Holds Handout/Chat with Lexi from Singularity Investment
‎Biztorials has disclosed readiness to hold a Hangout chat with Lexi Novitske, the principal investment officer, Singularity Investments. Uche Aniche, confirmed to Nigeria ComunicationsWeek…
- 9 Mar 2020
Winners Emerge at ARM’s DAAYTA 2020 Edition
The finalists pitch event for the 2020 edition of the Deji Alli Young Talent Award (DAAYTA) programme held on March 6 th , 2020 at Four Points by Sheraton, Lagos with Eferobosa Oguegbu of The Paper…
- 18 May 2021
CSCS Grows Dividend per Share by 36.0% to N1.17, as Profit Soars 41.4%
Central Securities Clearing System (CSCS) Plc, held its 27th Annual General Meeting (AGM) where the shareholders approved N1.17 dividend per share payout to all qualifying shareholders who held the…
- 26 Jul 2026
Ex-Pan African Towers CEO Alleges DPI, Verod Using Court Suit to Pressure Him in $30m Buyout Dispute
A fresh twist has emerged in the legal disputes surrounding the acquisition of Pan African Towers (PAT), with the company's former Chief Executive Officer, Azeez Amida, alleging that a lawsuit filed…
- 22 Jul 2026
Court Dismisses Pan African Towers' Bid to Halt Ex-CEO's Suit, Awards ₦500,000 Costs
National Industrial Court of Nigeria (NICN), sitting in Ikoyi, Lagos, has dismissed a Notice of Preliminary Objection filed by Pan African Towers Ltd. (PAT) in an employment dispute instituted by its…
- 23 Jan 2025
Visa, Moniepoint Join Forces to Accelerate Financial Inclusion in Africa
Moniepoint Inc, one of Nigeria’s leading business payments and banking services platforms, has secured an investment from Visa, a global leader in digital payments. The investment marks an important…
- 16 Apr 2025
Moniepoint Launches MonieWorld to Serve UK’s African Diaspora
Moniepoint Inc., one of Nigeria’s leading business payments and banking services platforms, announces the launch of MonieWorld; a new remittance and digital financial services solution – specifically…
- 4 Apr 2023
Shuttlers Raises $4M in Equity Funding, to Fuel its Shared-mobility Solution in Nigeria
Shuttlers, Nigeria's leading tech-enabled, scheduled mass transit company, on Tuesday announced that it has raised an additional $4 million in equity funding to accelerate the growth of its…
- 9 Aug 2021
Moove Raises $23M Series A Funding to Democratize Vehicle Ownership in Africa
Moove, an African mobility fintech, has announced that it has raised $23 million in Series A funding. The round was led by Speedinvest and Left Lane Capital, with participation from DCM, Clocktower…
- 10 Aug 2020
Verod Group Acquires AXA Mansard Insurance Pension Subsidiary
AXA Mansard Insurance Plc has stripped itself of equity held in its subsidiary, AXA Mansard Pensions Limited. The company sold its stake in the company to Eustacia Limited (a member of the Verod…
- 27 Jan 2016
Global Business, Government Leaders to Speak at Economist’s Nigeria Summit 2016
The events’ arm of the foremost International socio economics news magazine, The Economist Events has concluded plans to hold the 11th edition of the annual Nigeria Summit. Slated for Monday, March 7…
- 18 Mar 2024
Nigerian fintech Zone raises $8.5M seed to scale its decentralized payment infrastructure
Zone, Africa’s fast-growing payment infrastructure company (the “Company”), has raised $8.5 million in an oversubscribed seed funding round led by reputable VC firms Flourish Ventures and TLcom…
- 16 Jun 2023
Norfund Strengthens Footprint in Nigeria to Drive Sustainable Economic Growth
The Norwegian Investment Fund for developing countries, Norfund, recently organized its first stakeholder event in Nigeria which hosted key players across multiple industries in the private sector to…