Business

Golden Morn Unveils New Sustainable Packaging

Nestlé Nigeria’s iconic breakfast cereal, Golden Morn, proudly announces the launch of its new sustainable packaging, underscoring the brand’s dedication to providing nutritious food while championing environmental responsibility. This significant update reflects Golden Morn’s over three-decade legacy of nourishing Nigerian families and its forward-thinking approach to sustainability. Aligned with Nestlé’s global recycling vision, the new […]

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Business

Telecoms Operators Warn Consumers of Looming Unstable Services Over Increasing Operational Cost

Nigeria’s telecom operators under the group Association of Licence Telecommunications Companies of Nigeria (ALTON) have reacted to the harsh economic environment under which they operate striving to meet their business obligation to their customers. At the core of their grievances are: the unabated electricity power supply, multiple taxes from several government agencies and the aggressive […]

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Business

No Plan to Sell Petrol for N600, Says Dangote Group

The Dangote Group has refuted social media news by some publications of a plan to sell petrol at   N600/litre for Dangote Petrol. The Group Chief Branding and Communications Officer, Mr Anthony Chiejina in statement also said Independent Petroleum Marketers Association of Nigeria (IPMAN) is not our business partner yet “We would like to clarify that. […]

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Financial

Phishing, Business Email compromise Plundering Nigerian Firms of Billionaires 

As cyber criminals increasingly target Africa, Nigerian businesses are experiencing major phishing attempts, in various forms, as well as business email compromise. This came up during a recent webinar hosted by Rubrik, in cooperation with ITWeb Africa, for Nigerian IT and security decision-makers. The webinar covered the findings of new research from Rubrik Zero Labs, ‘The state of […]

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StartUps

iHATCH Startup Incubation Cohorts Boost Tech Sector by Over 1179 Jobs as Cohort 3 Winners Emerge

The iHATCH startup incubation programme has been able to create 1179 jobs within three years of its formation.The jobs, which were created by Cohort 1 and 2 had 16 trained startups with 32 participants, and a combined job of 179 and over 1000 indirect jobs. According to the Director General of the National Information Technology […]

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Business

Payment Card Technology Spend to Reach $13.6bn by 2029, as Banks Target Premium Users

Spend on card technology by card issuers will rise significantly, from $9.8bn globally in 2024 to $13bn in 2029.This growth of 39% will be driven by banks and other card issuers attracting new customers with differentiated card types. By using  premium options such as metal or wooden cards, banks can differentiate themselves in the highly […]

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Business

Konga Launches Back-to-School Campaign to Cushion Economic Impact

Konga, Nigeria’s e-commerce platform is set to cushion the effect of Nigeria’s tough economy on parents, teachers, students and school administrators with its Back-To-School campaign offer. This soft landing which heralds the resumption of another academic year across the country is the authentic sales campaign aimed at ameliorating the financial stress thrown up by high […]

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Director, New Energy, Seplat Energy, Mr. Okechukwu Mba.
 Business

Seplat Energy Pledges Commitment to End Gas Flaring

Seplat Energy Plc, indigenous energy company, has reassured all stakeholders of its commitment to driving and ensuring a sustainable business and creating increased value for people and the environment. The company also reiterated its resolve to addressing the dual challenges of ensuring energy security and meeting climate change mitigation targets. The Director, New Energy, Seplat […]

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Business

About 40 Techist Startup Set to Compete for $50,000 Prize of Ecobank Fintech Challenge

About 40 techist of the semi-finalist of from 70 countries are set to compete for the $50,000 prize Fintech Challenge Ecobank holding at the Ecobank Pan African Centre (EPAC) Lagos, Southwest Nigeria.. A statement from the pan-African Bank, said the 2024 “Ecobank Fintech Challenge had over 1,550 applications from 70 countries from which only 40 […]

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Business

Dangote Group Tasks NUPRC on Enforcement of PIA Act

The Dangote Petroleum Refinery has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), to enforce the domestic crude supply obligation as specified in the Petroleum Industry Act (PIA), insisting that refineries in Nigeria should be allowed to buy crude directly from the companies that produce it in Nigeria rather than from international middlemen, as enshrined […]

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