Financial

Husqvarna Group Announces Further Cost Reductions and Profitability Improvement Initiatives

Husqvarna Group is initiating further cost reductions and profitability initiatives to address the challenging market and constrained consumer spending. These measures are expected to result in fixed cost savings of SEK 500m per year and will impact approximately 400 positions across the Group. The new cost saving measures announced today are in addition to the […]

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Business

Chefs Inspire Nigeria’s Young Generation on Healthy Eating  as Nestlé Professional Marks Global Day

Nestlé Professional, in collaboration with the World Association of Chefs’ Societies (Worldchefs) and the Association of Professional Chefs Nigeria, marked International Chefs Day 2024 by championing healthy eating and creativity among Nigeria’s young generation. The annual event, celebrated on October 20, embraced this year’s theme, “GROWING GREAT CHEFS” and brought together 10 professional chefs and […]

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Business

TD Africa CSR Project, TecHERdemy to Empower 400 Young Nigerian Women with Skills

About 400 young Nigerian women are about to get a digital boost as TD Africa flags off registration for TecHERdemy. TecHERdemy is a Corporate Social Responsibility (CSR) initiative designed by Sub-Saharan Africa’s leading distributor of tech solutions, TD Africa, to empower young Nigerian women with the requisite skills to thrive in the dynamic digital age. […]

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Business

LG Electronics Set to Transform Household-Appliance Interaction with Unveiling of LG InstaView Refrigerator 

LG Electronics is set to transform the way household interact with their appliances following through its latest appliance,  LG InstaView refrigerator that combs advanced technology, exceptional energy efficiency, and unmatched convenience. In statement announcing the launch, the company stated that the LG InstaView Door-in-Door Refrigerator does more than just keep food fresh. It’s a perfect […]

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Business

Chinese Smartphone Maker, realme Officially Launches Premium & Pocket Friendly Devices into Nigerian Market

realme, one of the world’s fastest-growing smartphone brands, has officially launched its operations in Nigeria. With a focus on combining affordability with cutting-edge technology, realme’s market entry aims to address the growing demand for high-performance mobile devices in the country. The market entry was marked by a grand launch event  with trade partners, dealers, celebrities, […]

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Business

Nigeria Govt Grants Official Approval for $1.28bn Seplat-ExxonMobil Deal

The federal government has officially approved Seplat Energy’s purchase of Exxon Mobil’s onshore assets valued at $1.28bn. The approval was confirmed by the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe on Monday. Komolafe while speaking at the NUPRC’s 3rd Anniversary event in Abuja said that the ministerial approval had […]

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Business

Nigeria Signs MoU with Ericsson to Unlock 5G Potential & Enhance Technology Knowledge Sharing

The MoU was signed by Nigeria’s communications, innovation and digital economy minister, Dr Bosun Tijani and Patrick Johansson head of Ericsson Middle East and Africa.The MoU was signed by Nigeria’s communications, innovation and digital economy minister, Dr Bosun Tijani and Patrick Johansson head of Ericsson Middle East and Africa. The Nigerian government will be working […]

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News

Governance in Telecoms Sector, Key to Survival, Sustainability & Growth, Says NCC Boss

The remarkable growth that the Nigerian telecoms sector has experienced since its revolution has been attributed to the role governance played over the years. Speaking at the 2024 Annual Corporate Governance Conference with the theme: “Corporate Survival and Sustainability-The New Face of Governance in the Nigerian Telecoms Sector, the Executive Vice Chairman of the Nigerian […]

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Business

Stay Away from Transactions of N500,000, Police Warns POS Operators

The Delta State Police Command has issued a stern warning to Point of Sale (POS) operators regarding transactions exceeding ₦500,000. According to SP Bright Edafe, the Public Relations Officer of the Command, such transactions could potentially implicate operators in criminal activities, particularly kidnappings. In a recent statement, SP Edafe highlighted a case where a POS […]

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Business

Intelsat Unveils Satellite Cellular Backhaul Platform at Open Access Data Centre in Lagos

Intelsat, an operator of integrated satellite and terrestrial networks, has unveiled a new satellite cellular backhaul service platform located at the Open Access Data Centre in Lagos, Nigeria, citing this as a significant milestone in its efforts to improve Nigeria’s and Africa’s connectivity infrastructures. Intelsat CellBackhaul Nigeria, the business said, is a fully managed cellular […]

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