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Kwara United Back In NPFL, Acquire Delta Force Slot

Delta Force acquired the slot of Kada City last season but has struggled to fulfil their financial obligations.

The deal was sealed on Wednesday, after a thorough discussion between the management of the two sides with the General Manager of Kwara United FC, Bashir Badawiy leading the club’s charge.
Addressing the media on this development, Kwara United’s chairman Olakumbi Titiloye claimed his management will blend with the league and its challenges.

“I

Visa To Acquire Stake In Nigeria’s Interswitch

Visa Inc plans to acquire a “significant minority” stake in payments platform Interswitch, the Nigeria-based company said on Tuesday.

Interswitch did not provide financial details in its statement.

Read Also: Global Investors Mull $67b Projects For Africa In 2020

The acquisition, which Sky News reported on Sunday as being a 20 per cent stake for 200 million dollars, would give the company a valuation of one billion dollars — putting it in the tech-world “unicorn” status for companies that have a billion-dollar valuation.

(Reuters/NAN)