FG to launch $350 billion global outsourcing market for youth employment The Nigerian government is set to launch the Outsource to Nigeria Initiative (OTNI) to engage with the global outsourcing market, which has grossed nearly $350 billion to unlock huge employment prospects for its burgeoning youth population. The[Read More…]
EnjoyCorp acquires champion breweries plc from Heineken EnjoyCorp Limited, a holding company specializing in food, beverage, and hospitality brands has acquired Champion Breweries Plc. Champion Breweries Plc in a statement signed on Thursday by its Chairman, Imo-Abasi Jacob, said EnjoyCorp Limited reached an agreement with Heineken B.V to acquire[Read More…]
Ecobank Group Secures Prestigious Title of Best Bank for SMEs in Africa 2024 by Global Finance … Nigerian Affiliate wins Best FX Bank in the country Ecobank, the leading pan-African Banking Group, proudly announces that it has won the esteemed Best Bank for SMEs in Africa 2024 award[Read More…]
SMEDAN Launches ‘SELECT’ Documents To Promote Top Quality Made-In-Nigeria Products The Small and Medium Enterprises Development Agency (SMEDAN) has launched the ‘SELECT’ documents which is aimed at enhancing the visibility and marketability of made-in-Nigeria products. According to the company, SMEDAN SELECT program is deliberately designed to promote top-quality Made-in-Nigeria products[Read More…]
Hunger Crisis: Nigerian Red Cross Society, Ecobank Nigeria Join Forces For Critical Intervention The Nigerian Red Cross Society (NRCS) and Ecobank Nigeria have joined forces in a groundbreaking partnership aimed at tackling the severe hunger crisis ravaging Nigeria. The launch event, held at the Exclusive Serene Hotel[Read More…]
UBA sponsors ECOWAS Mining Forum United Bank for Africa (UBA) Plc has emerged the official sponsor of the fourth edition of the ECOWAS Mining and Petroleum Forum (ECOMOF 2024) scheduled to take place at the Palais des Congrès in Cotonou, Benin from February 22 to February 24, 2024. The[Read More…]
FG to train additional 270,000 Nigerians on Tech Skills An additional 270,000 Nigerians will join the Federal Government’s 3 Million Technical Talent (3MTT) program by February 29, 2023, the Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijani, said on Monday. He stated this while announcing the end[Read More…]
Cement price to drop to N7000 Cement manufacturers have agreed to bring down the price of the product to between N7,000 and N8,000 per 50kg depending on the location nationwide. The agreement was reached during a meeting initiated by the Minister of Works, David Umahi, and attended by his counterparts[Read More…]
Dangote refinery concludes arrangement for first fuel export The 650,000 barrels per day Dangote Refinery has concluded plans to export its first fuel cargoes, according to a report. The refinery has issued tenders to sell two fuel cargoes for export, Reuters reported Wednesday, quoting trading sources with knowledge of the[Read More…]
Nigerian Breweries suffers 860% loss in 2023 financials Nigerian Breweries Plc has recorded a net loss of N106 billion for the year ended 2023, as against N13.93 billion posted in its 2022 financials, indicating 860 per cent loss. Company Secretary, Nigerian Breweries, Uaboi Agbebaku, stated this in the audited[Read More…]
