Seplat Energy Plc, a Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, is delighted to announce that it has completed its acquisition of Mobil Producing Nigeria Unlimited (“MPNU”) from ExxonMobil . The transaction is transformative for Seplat Energy, more than doubling production and positioning the Company to drive […]
Read MoreIt was a moment of excitement for the 17 host communities to Dangote Cement, Ibese Plant in Ogun State as the management reeled out 25 multi-million Naira Social Investment projects successfully executed for the people of the communities in the outgoing 2024 year, with an assurance of bigger investment projects in 2025. This is just […]
Read MoreQualcomm Incorporated successful completed the second year of its Make in Africa Startup Mentorship Program, culminating in the Make in Africa Finale 2024. At the event,Qualcomm showcased Nigerian startup, Kitovu, as among this year’s finalists that the Qualcomm Make in Africa 2024 program supported as well as other ten startups from six African nations, addressing […]
Read MoreThe race is now on for businesses across West Africa to modernise. The growing availability of cloud computing resources and infrastructure means that companies can migrate data and workloads into public cloud environments and reap the full benefits of a hybrid cloud strategy that offers greater IT agility, flexibility, and scalability. Cloud adoption across the […]
Read MoreFor the thirteenth consecutive year, Nestlé Nigeria has empowered more than twenty young Nigerians through the Technical Training program in its factory at Agbara. The participants received scholarships and training to attain the highly recognized City & Guilds certifications. In addition, the top five students were given the opportunity to conclude their training with an […]
Read MoreIn a landmark move for regional energy integration, Dangote Refinery and Neptune Oil jointly announced the first-ever export of Premium Motor Spirit (PMS) from Dangote Refinery, Africa’s largest oil refinery, to Cameroon. This milestone, resulting from a strategic collaboration between the two companies, underscores their commitment to strengthening economic ties between Nigeria and Cameroon while […]
Read MoreReal-time payments contributed $7 billion to Nigeria’s Gross Domestic Payment in 2023, with projections reaching $15 billion by 2028. Banking penetration is expected to grow by 6.5%, unlocking a $40 billion profit potential for financial institutions. According to the Real-Time Payments: Economic Impact and Financial Inclusion report published by ACI Worldwide (NASDAQ, an original innovator in […]
Read MoreMakems jewelry, an Abuja-based jewelry-making company in Nigeria, has unveiled some of the latest product at the its annual jewelry exhibition where a wide range of trendy, fine and unique handmade, locally-produced and imported jewelry products displayed. The jewelry exhibition was an expertly-curated showcase of exceptional ornaments, ranging from contemporary designs to vintage treasures such […]
Read MoreThe Konga Group is optimistic about the fortune of Nigerian E-commerce sector despite the current challenges facing the it in the country. According to the Konga Group Chief Executive Officer, Mr Nnamdi Ekeh the overdependence on imported goods, unstable exchange rates, logistical inefficiencies, corruption, and rising insecurity are significant obstacles to the e-commerce sector. Ekeh […]
Read MoreA dangerous malware, Grandoreiro is on rampage with a significant threat, using advanced techniques, including screen overlay attacks and remote device control, to steal sensitive information such as banking credentials and personal data. The National Information Technology Development Agency has alerted Nigerians about a banking malware, which targets users globally through sophisticated phishing campaigns. The […]
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