Business

Tony Elumelu Foundation set to announce Flagship Entrepreneurship Programme

  Tony Elumelu Foundation set to announce Flagship Entrepreneurship Programme The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs, is set to announce its 1,200 African entrepreneurs across 54 African countries as beneficiaries of its flagship Entrepreneurship Programme. In a statement on Thursday, Elumelu said the announcement will[Read More…]

Subsea Cable Cut: Services fully restored, says MTN

Subsea Cable Cut: Services fully restored, says MTN Following subsea cable disruptions on Thursday, Bayobab Group, a subsidiary of MTN Group, has announced the successful restoration of its operations. The telecom operator disclosing this on Tuesday in a statement said its subsidiary demonstrated its capabilities by swiftly recovering over 3[Read More…]

Unilever to cut 7,500 jobs worldwide

Unilever to cut 7,500 jobs worldwide Unilever Plc, a British multinational consumer goods company, has announced plans to cut 7,500 jobs globally as part of an overhaul aimed at saving around $869 million (£684 million) over the next three years. In a statement on Tuesday, Unilever said the jobs affected[Read More…]

Marketers predict reduction in PMS price as Port Harcourt refinery set to commence operation

Marketers predict reduction in PMS price as Port Harcourt refinery set to commence operation   The Independent Petroleum Marketers Association of Nigeria and the Major Energy Marketers Association of Nigeria have projected a marginal reduction in the pump price of Premium Motor Spirit, popularly called petrol, produced from the Port[Read More…]

CBN Slashes Customs Exchange Rate by 1.5%

CBN Slashes Customs Exchange Rate by 1.5%   For the second time in seven days, the Central Bank of Nigeria (CBN) has slashed the exchange rate for computing Customs duties at the nation’s seaports and airports from N1,617.96/$1 to N1,593.41/$1 representing 1.5% reduction. The slash, analysts argued, was as a[Read More…]

At Polaris Bank IWD Webinar, Guest Speakers Advocate Empowering Opportunities for Women

At Polaris Bank IWD Webinar, Guest Speakers Advocate Empowering Opportunities for Women   …as CEO, Kayode Lawal highlights the indispensable contributions of women to societal progress, economic development   Polaris Bank’s International Women’s Day (IWD) webinar themed: ‘Empowering Voices: Women Leading Change,’ offered a dynamic platform for insightful conversations.  [Read More…]