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Nugi Technologies: Inside Story of A Tech Powerhouse in Nigeria
In the last ten years, many startups in Nigeria have benefited from an inflow of global venture capital investments. However, a steep decline in funding secured by African startups in 2023 suggests the tides may be changing. Data…
World Environment Day: SBC To Plant 2,500 Trees In ‘One Staff One Tree’ Campaign
As part of its commitment to promote the culture of tree planting for a sustainable ecosystem, Seven-Up Bottling Company (SBC) has announced the commencement of a green environment “One Staff One Tree,” campaign to plant 2,500…
Pepsi® Unveils New Visual Identity With Takeovers Of Iconic Landmarks In Lagos, Abuja
...Unleashes New Look With First Visual Identity Change In 14 Years
Pepsi®, a global beverage leader, has officially unveiled its new logo and visual identity in Nigeria. This marks a significant step forward for the brand,…
Flour Mills Of Nigeria Records 49% Surge In Revenue, Hits N2.3tn
Flour Mills of Nigeria Plc (FMN), a food and agro-allied company has demonstrated resilience and agility in navigating a dynamic economic landscape with a financial report that recorded 49 per cent increase in revenue to N2.3…
Access Banks Named ‘Best Trade Partner Bank West Africa 2024’ By IFC
Access Bank has been named the ‘Best Trade Partner Bank West Africa 2024’ by the International Finance Corporation (IFC), at the just concluded 2024 Global Trade Partners Meeting (GTPM) in Barcelona, Spain.
According to IFC, the…
Fidelity Bank Tops League Of Best Performing Banks In Capital Market, Hits 507 Percent Gain In 5…
Fidelity Bank Plc towers above all other banks in the Nigerian stock market as it investors earned more than 507 per cent in capital gains over the past five years.
Report at the Nigerian stock market for the five-year period…
Central Bank Pulls Plug On Heritage Bank Over Declining Performance
In a shocking move that has sent shockwaves through Nigeria's financial sector, the Central Bank of Nigeria (CBN) announced today that it has revoked the banking license of Heritage Bank Plc with immediate effect.
The apex bank…
MultiChoice Harps On Role Of Education In Sustainable Talent Development For Africa
In commemoration of the 2024 Africa Day, Africa’s leading entertainment company, MultiChoice, has emphasized the role of education in cultivating talent and sustainability in the African entertainment industry.
According to the…
Wema Bank Targets N200bn Capital, Seeks Tier-1 Status
Wema Bank Plc, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced plans to raise N200 billion in fresh capital to meet the Central Bank of Nigeria (CBN) new capital requirement…
Nigerian Breweries Plc Completes Acquisition Of Distell Nigeria
Nigeria’s foremost brewing company, Nigerian Breweries Plc, has officially completed the acquisition of a majority stake (80%) in Distell Wines and Spirits Nigeria Limited (Distell Nigeria).
The completion of the transaction…