Business

Nigeria, Czech Republic Sign $21.7m Coal-Based Fertilizers Agreement for Take-Off of Delta-2 Project

The National Agency for Science and Engineering Infrastructure (NASENI) has signed an agreement worth $21.7 million with eleven firms in Nigeria as beneficiaries for take-off of the Delta-2 Projects, being the outcome of the bilateral collaboration between the federal government of Nigeria and the Czech Republic. The Nigerian beneficiary companies are expected to come up […]

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Business

PalmPay Unveils Shoppers’ Guide at Yuletide, Urge Consumers to Embrace App

As part of its shoppers’ guide during the yuletid, Palmpay a player in the Nigeria fintech industry has released what its customers need to know while using its services. As the holiday shopping frenzy reaches a crescendo ahead of December 25th,  many shoppers will struggle to find retail outlets that offer “the best shopping experience,” […]

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News

Respite for Africans as Pharmaceutical Technology Foundation Gets Underway

Africa’s efforts to build a resilient and self-reliant pharmaceutical industry for the continent advanced significantly today as the African Pharmaceutical Technology Foundation and the Rwandan Government signed the host country agreement paving the way for the Foundation’s operationalisation. The Foundation also signed a memorandum of understanding with the European Investment Bank to further strengthen cooperation. […]

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Business

Senate Tasks Revenue Generating Agencies on Surpassing N18.3tril Target

The Nigerian Senate through its Committee on Finance , has tasked the various revenue generating agencies owned by the Federal Government, to surpass the target of N18.324trillion, set for the 2024 fiscal year as aggregate revenue inflow. President Bola Tinubu had last month, presented to the joint session of the National Assembly, N27.503trillion as total […]

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Financial

Content Creator Companies Raise $700m Funding Rounds in Nearly Four Times Less than Last Year

After raising more than $4bn in funding rounds throughout 2021 and 2022, content creator companies find it much harder to get fresh capital these days. Although brands and companies still spend billions of dollars on creator marketing, investors` interest in the companies working in this industry is far from where it used to be. According […]

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Business

Seplat Energy Wins SERAS Africa’s Award for Education Intervention

Seplat Energy Plc, a Nigerian independent energy company listed on the Nigerian Exchange Limited and the London Stock Exchange, has emerged winner of the Sustainability, Enterprise and Responsibility Awards (SERAS) Africa’s Education Intervention category for 2023. The SERAS Africa is an annual project which aims to promote as well as raise awareness about the roles that organisations […]

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News

Ecobank Rewards 50 Customers in first Monthly Draws of AFCON 2023 Promo

Ecobank Nigeria has rewarded 50 of its customers  in the first draw of its “Save and Score” promo.  The promo  which was initiated by the Bank in November and expected to run till January 6, 2024, was inspired by the upcoming Africa Cup of Nations (AFCON). Ecobank, the pan-African banking group, is the official sponsor […]

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Business

Co-creation Hub Appoints New MD, Ojomo Ochai Replaces Bosun Tujani

Co-creation Hub (CcHUB), Africa’s innovation center, proudly has appointed Ojoma Ochai as its new Managing Director. This strategic move follows the former CEO, Bosun Tijani’s commendable transition to serve as the Minister of Communications, Innovation, and Digital Economy of the Federal Republic of Nigeria. Ochai, previously the Managing Partner at the Creative Economy Practice of […]

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Business

Dangote Cement Marks Host Community Day with Unveiling of N4m Empowerment Programmes

Dangote Cement Plc, Ibese Plant, has marked its 2023 Host Community Day in a grand style with the unveiling of N4 empowerment schemes targeted at youths, women, farmers and students in the company’s host communities. At the well attended event witnessed by leading traditional rulers, women and youth leaders from the host communities, 103 indigent […]

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Business

Nigeria’s Inflation to Fall with Reduced Pressures On Exchange Rate in 2024, Says CBN

The Central Bank of Nigeria (CBN) said the country’s inflation rate and the pressures on the exchange rate will reduce in the coming year. While the country’s inflation rate jumped to 27.33% for November – the highest in 18 years, the apex bank’s governor Yemi Cardoso projects a slump in 2024.  “The outlook for the domestic […]

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