info

OPay Eyes U.S. IPO With Backing From Global Banks, Testing African Fintech’s Market Readiness

OPay is reportedly preparing for a potential U.S. initial public offering, working with major global banks including Citigroup, Deutsche Bank, and JPMorgan Chase. According to sources cited by Bloomberg, the listing could take place later this year, with an estimated valuation of around $4 billion; though key details remain fluid and subject to change. At…

Read More

FG resolves 20-year Bi-Courtney airport dispute

Minister of Aviation and Aerospace Development, Festus Keyamo, has announced the Federal Executive Council’s (FEC) approval of a comprehensive settlement resolving a 20-year dispute with Bi-Courtney Aviation Services Limited over Murtala Muhammed Airport Terminal 2 (MM2) in Lagos. By: Author Minister of Aviation and Aerospace Development, Festus Keyamo, has announced the Federal Executive Council’s (FEC)…

Read More

FEC approves $2.99bn rail projects for Lagos, Kano, Kaduna

By: Olayinka Ganiyu Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has announced that the Federal Executive Council (FEC) has approved contracts for three major rail projects aimed at strengthening infrastructure and driving economic growth in key cities. Speaking to State House correspondents after the council meeting, Oyedele explained that the…

Read More