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Globacom Unveils Amusan as New Ambassador

Telecommunications services provider, Globacom, yesterday, unveiled current African, Commonwealth and World 100m hurdles champion, Tobi Amusan, as its latest brand ambassador. Tobi became the first Nigerian world champion in an athletic event, when she won the gold medal in metres hurdles at the 2022 World Athletics Championships.…

Shell Acquires Nigerian Renewables Group Daystar

Shell has made its first power sector acquisition in Africa with the purchase of a Nigerian renewable energy provider, as the oil major seeks to build out a green energy business that will eventually reduce its dependence on fossil fuels. Daystar Power, which…

CAC Set to Formalize More Small Businesses at Discounted Rates

The Corporate Affairs Commission (CAC) has pledged to support the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) Business Women Working Group (NAWORG) in its quest to provide customized advocacy training for women entrepreneurs to motivate them to register…

PwC Nigeria Admits New Partner

PwC Nigeria has announced the direct partner admission of Olusegun Zaccheaus, who is expected to lead the firm’s Strategy and Practice in the West Market. In view of his latest admission into the firm, the company is looking forward to working with Olusegun,…

Dangote to Cut Sugar Import By 40%

The management of Dangote Sugar Refinery Plc has said it is set to reduce the importation of sugar into the country by 40 per cent. The President, Dangote Group, Aliko Dangote, said in a statement that it was embarking on Phase II of…

Chams Plc Now a Holding Company

Nigeria’s leading provider of integrated identity management and digital payments solutions Group, Chams Plc, has changed its Nigerian Exchange (NGX) listing to a holding company. The company’s Group Managing Director (GMD), Gavin Young who made this know during a chat with newsmen in…

FCCPC Orders Payment Platforms and Telcos to Stop Servicing Loan Sharks

The Federal Government has ordered financial technology companies (FinTechs) to stop providing payment and transaction services to digital money lenders. The order affects loan sharks being investigated by the Federal Competition and Consumer Protection Commission (FCCPC). Babatunde Irukera, Executive Vice Chairman spoke to reporters…

NB Appoints Puri, Wessels Boer as Board Members

Nigerian Breweries Plc has announced the appointment of two new Board Members – Mr. Ibrahim Puri from Nigeria and Mr.Ben Wessels Boer from Netherlands, who will also serve as the new Finance Director of the company. In a notice to the Nigeria Exchange…
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