Category: Business
Pick n Pay plans exit from Nigeria, sells 51% stake in joint venture
Pick n Pay, a South African grocery retailer, says it will exit Nigeria by selling its 51 percent stake in a joint venture.
Sean Summers, chief execu [...]
Dangote Cement, Ibese Plant enhances skills of local business operators
The management of Dangote Cement's Ibese Plant has reaffirmed its commitment to advancing its local content policy, aiming to stimulate the economies [...]
Dangote backs Tinubu’s CNG drive, invests over $280m in trucks, infrastructure
In a demonstration of its support for President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner fuelling alternatives fo [...]
CAN kicks as Abia introduces tax on church signposts
The Alex Otti administration in Abia State has introduced a tax on churches for their signposts, a move that has sparked widespread criticism from rel [...]
Glo explains continued support for Ofala, other festivals
Telecommunications giant, Globacom, has provided an explanation for its long-standing dedication to supporting Onitsha Ofala and other premium festiva [...]
US seeks forfeiture of $14m in assets from Air Peace founder, Allen Onyema
The United States government has asked a US District Court, Northern District of Georgia to approve the forfeiture of approximately $14 million in ass [...]
Aliko Dangote now 65th richest person in the world with $28bn following refinery boost
President of Dangote Group, Aliko Dangote remains the richest man in Africa, and now the 65th richest man in the World, despite the volatility of the [...]
How MoneyMaster PSB celebrated customers at Owode Onirin Market
In commemoration of the 2024 Customer Service Week, an annual celebration by businesses to appreciate customers' loyalty and patronage, the MoneyMaste [...]
Ontisha set for Glo-powered Ofala Festival
The yearly Ofala Festival sponsored by leading telecommunications company, Globacom, begins in Onitsha, Anambra State, on Friday, October 18. It will [...]
Naira among worst performing currencies in Africa – World Bank
The World Bank says the naira is among the worst-performing currencies in sub-Saharan Africa in 2024.
In its regional economic outlook report ‘ [...]