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Accelerex gets investment credit ratings from Agusto & Co, GCR

Global Accelerex, the Nigerian subsidiary of Accelerex Holdings Mauritius (Accelerex) has been assigned A- (stable outlook) credit rating by Agusto& Co and A2NG (short term, stable outlook) credit rating by Global Credit Ratings (GCR). In its ratings announcement, Agusto& Co noted that the assigned ratings reflect Global Accelerex’s good financial condition evidenced by good profitability, […] Read Full Story

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EY, University of Edinburgh engage Stakeholders on SDGS data analytics

SDGS data analytics

EY Nigeria and the University of Edinburgh last week engaged stakeholders on the Sustainable Development Goals data analytics, with participants drawn from the public and private sectors as well as developmental institutions, civil societies and NGOS. The three-day workshop with the theme ‘SDGS Data Management for enhanced Corporate Sustainability Performance’, had a specific objective to […] Read Full Story

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Investment ready companies must have these fundamentals in place to attract investors

Short selling

As investors gear up to tap from opportunities in Nigeria through investments in the country’s estimated 41.5 million start-ups, small and medium scale companies in need of growth capital have to be investment-ready to attract funding, according to industry stakeholders. Discussing one of the most important aspects of business for most entrepreneurs in Nigeria and […] Read Full Story

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Kwik Delivery successfully closes its $1.70m pre-Series A financing round

Kwik Delivery ( announced on Friday that it has closed its pre-Series A financing round. The company successfully raised $ 1.7 million in equity from institutional and high net worth investors, according to a press statement circulated by the African Press Organisation. “Kwik Delivery has demonstrated to customers and investors alike its efficiency as well […] Read Full Story

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Women in tech to provide mentorship in commemoration of IWD

women supporting women

To mark International Women’s Day, women’s mentorship organisation Wentors, in collaboration with Microsoft, through its Microsoft 4Afrika initiative, aims to provide mentorship and training to 1,000 women working in the technology industry. According to the United Nations Institute of Statistics (UIS) less than 30 per cent of the world’s researchers are women. Numerous studies have […] Read Full Story

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Rack Centre adds ISO 9001:2015 to its list of data centre security, quality certifications

Rack Centre

Rack Centre, West Africa’s leading Tier III constructed facility certified carrier neutral data centre, has achieved the ISO 9001:2015 Quality Management System, QMS certification ensuring its commitment to the highest levels of governance and quality management in its delivery of quality data centre colocation services. Following an extensive internal and external audit of its systems […] Read Full Story

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Proxynet, Logitech partner to deliver ICT solutions across West Africa

Proxynet, a Nigerian based enterprise networking, systems integration, security and disaster recovery solutions provider has announced a distribution partnership with Logitech International towards the delivery of high-quality information communication technology (ICT) solutions across West Africa. As organisations around the world metamorphose to accommodate modern realities on the back of COVID-19, availability and accessibility to durable […] Read Full Story

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PVK Nigeria launches value driven products for next generation leaders

PVK Nigeria

Determined to develop products that reinforces strong leadership value among Nigerian youths, Pretty Valued Kids Nigeria has launched a wide range of character-building products into the Nigerian market. The newly launched products are range of character-building products that children use every day including t-shirts, shirts, throw pillows, hand sanitizers, water bottles, mugs, story books, journals, […] Read Full Story

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Commercial paper tops financing options as four firms raise N27.41bn in two months

To sustain their businesses and plug capital shortfalls, corporate institutions have continued to explore alternative financing options by tapping the Nigerian debt capital market. Valency Agro Nigeria Limited, Total Nigeria, Coronation Merchant Bank and Mixta Real Estate plc are the four companies that have raised funds this year through commercial paper (CP). The companies raised […] Read Full Story