Heifer awards 3 agritech innovators $20,000 to boost production
Onome Amuge
December 2, 2022
By Onome Amuge Three agric-tech innovators in Nigeria have been announced as final winners of the $20,000 prize for the maiden edition of the Agriculture, Youth and Technology (AYuTe) Africa Challenge Nigeria, an enterprise development programme initiated by Heifer International. Ifeoluwa Olatayo, managing director, Soupah Farm-en-Market Limited, emerged overall best competitor and won a $10,000 […]
Greenville LNG signs MoU with Nasarawa for infrastructural development
Innocent ObasiDecember 2, 2022
By Innocent Obasi Greenville Liquefied Natural Gas (LNG) Limited, an LNG production and distribution company, has signed a Memorandum of Understanding (MoU) with the Nasarawa State government to allocate land for an LNG and liquefied compressed natural gas (L-CNG) facility in Lafia, the state capital. The company disclosed this in a statement released on […]
Dangote scales up sugar investment to drive Nigeria’s self-sufficiency
Cynthia EzekweNovember 24, 2022
By Cynthia Ezekwe Dangote Sugar Refinery (DSR) is scaling up its investment in the sugar sub-sector, in line with the requirement of the Nigeria Sugar Master Plan (NSMP), with the aim of changing the trajectory by making Nigeria self-sufficient in the sector. Aliko Dangote, president of the Dangote Group, made this known while speaking at […]
Stanbic IBTC Holdings appoints Omotowa non-executive director
Cynthia EzekweNovember 23, 2022
By Cynthia Ezekwe Stanbic IBTC Holdings Plc Board of Directors has appointed Babatunde (Babs) Omotowa as an independent non-executive director following the receipt of all required regulatory approvals. The company announced this in a statement signed by Chidi Okezie, company secretary, and shared on the website of the Nigerian Exchange Limited (NGX) on Monday, 21st November, […]
Seplat affirms commitment to just, affordable energy transition
Innocent ObasiNovember 16, 2022
By Innocent Obasi Seplat Energy Plc, Nigeria’s leading energy company listed on both the Nigerian and London Stock Exchange, has affirmed its commitment to a just and affordable energy transition. Roger Brown, chief executive officer of Seplat Energy Plc, disclosed this in a keynote speech at the 40th Annual International Conference & Exhibition of […]
Mastercard partners LSETF to drive digital financial inclusion for MSMEs in Lagos
Chisom NwatuNovember 10, 2022
By Chisom Nwatu Global payment giant Mastercard has signed a Memorandum of Understanding (MoU) with the Lagos State Employment Trust Fund (LSETF) to provide access to digital, payment and training tools for micro, small and medium enterprises (MSMEs) in order to boost their capacity to grow their businesses while supporting the startup fintech […]
Kuda expands to UK with remittance product for Nigeria’s diaspora
Chisom NwatuNovember 9, 2022
By Chisom Nwatu Nigerian-founded digital bank, Kuda, has launched in the UK as its second market in order to add remittances to its growing list of features. The London-based fintech, valued at over $500 million, has only operated in Nigeria since its founding in 2016. In 2019, it secured a banking licence from the Central Bank […]
Apple Inc. appoints TD Africa first indigenous distributor for Nigeria
Chisom NwatuNovember 8, 2022
By Chisom Nwatu World’s leading technology company Apple Inc. has appointed TD Africa AS the first authorised indigenous distributor of the company’s products in Nigeria, after a painstaking study of the Nigerian market and search for an indigenous distribution company with proven capacity and sound ethical standards. The milestone development, which is regarded as […]
Dangote launches DangCircular to promote waste recycling
Onome AmugeNovember 8, 2022
By Onome Amuge Dangote Cement has launched a circular economy programme tagged “DangCircular”, aimed at developing recycling and reuse of scarce resources in society to reduce landfilling and create wealth as a contribution to environmental sustainability. The initiative was introduced during the 2022 Dangote Sustainability Week, involving students of Nigerian higher institutions. The company partnered […]
Dangote Cement customers to win N1bn in new promo
Businessam StaffJuly 6, 2022
BY Business a.m. Dangote Cement Plc, a leading cement brand in Nigeria, has launched the Dangote Bag of Goodies Season 3 promo in which consumers of the brand stand the chance of winning cash prizes worth over N1 billion. The promo, tagged ‘Spell Dangote and become a multi-millionaire’, will run from 5 July to 31 […]