BUA Foods invests over $200m in sugar estate
The Managing Director of BUA Foods, Ayodele Abioye, has disclosed that the company has invested over $200m in its integrated sugar estate in Lafiagi, Kwara...
Category : Brands
BUA Foods, Led by Abdul Samad Rabiu, Record $610 Million Revenue with a Remarkable 74% Growth in 2023
BUA Foods Plc, a prominent food conglomerate under the BUA Group and predominantly owned by Nigeria’s second-richest man, Abdul Samad Rabiu, has announced an exceptional...
Fidelity Bank Partners with Temile Development Company to Boost Nigeria’s Gas Revenue Growth.
Temile Development Company Ltd, a prominent indigenous player in Nigeria’s oil and gas industry, recently marked a significant achievement by commissioning a state-of-the-art 23,000 cubic...
Elevating Beauty and Hygiene: Dettol Unveils Ini Dima-Okojie as face of newly relaunched Dettol skincare soap.
Nigeria’s leading hygiene brand, Dettol, has announced superstar actress Ini Dima-Okojie as the new brand ambassador of its newly relaunched category product, Dettol Skincare, which...
Globacom Commemorates Two Decades of Dedication, Rewarding Long-Serving Staff at ‘Twenty & Unlimited’ Extravaganza.
In a grand celebration of its 20th anniversary, Globacom, Nigeria’s leading digital solutions provider, hosted an extravagant appreciation ceremony at the Eko Hotel and Suites...
Transcorp, Chams, CWG post over 700% return on Investment.
It was a harvest of capital gains for the shareholders of Transcorp Hotels Plc, Chams Holding Company Plc and CWG Plc, as they led the...
Dangote Refinery Receives Its Maiden Crude Cargo.
In a major step towards boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency), Dangote (www.Dangote.com) Petroleum Refinery and Petrochemicals plant has purchased 1...
Rand Merchant Bank Wins FMDQ Compliance Award.
Rand Merchant Bank Nigeria has bagged the FMDQ Member Compliance, Secondary Market award for its remarkable achievements in the Nigerian financial market for the period...
Fidelity Bank signs $40m deal with Afreximbank, JohnVents for cocoa export.
To aid Nigeria’s non-oil export to the United States, Fidelity Bank has partnered with African Export–Import Bank (Afreximbank) on a $40million pre-export finance facility in...
Polaris Wins Nigeria’s Best Digital Bank Award With VULTe
Polaris Bank shone brightest over the weekend as its bespoke home-grown digital bank, VULTe won for the third time, Nigeria’s ‘Best Digital Bank of the...
Zenith, Access, FBN, others make list of top 100 banks in Africa.
A total of 12 Nigerian banks, including Zenith Bank, Access Bank and FirstBank, have been included in the 100 African Biggest Banks list for 2023. The list compiled by...
Heirs InsuranceGroup Launches1st Digital SpaceCentre
Heirs Insurance Group, one of the Nigeria’s fastest-growing insurer, has announced the launch of Nigeria’s first-ever digital insurance space – the Heirs Insurance Experience Centre....
SpaceX Starlink and Jumia Join Forces to Expand Satellite Broadband Services in Africa.
SpaceX Starlink and Jumia Technologies AG, an e-commerce platform, join forces to revolutionize satellite broadband services in Africa. This strategic partnership is set to bring...
Iwosan Lagoon Hospitals Unveils State-Of-The-Art Medical Facility In Lagos.
Iwosan Lagoon Hospitals, one of the largest private tertiary healthcare organisations in West Africa has launched a new state-of-the-art medical facility in Victoria Island Lagos....
Wema Bank rewards winners of Hackaholics 4.0 with over N50 million.
IRETI, a health-tech startup that helps women bridge the gap and manages breast cancer, has emerged winner of the Wema Bank’s Hackaholics 4.0. The winner...
Access Bank announces $60m trade finance deal with British International Investment.
British International Investment (BII), a UK-based Development Finance Institution (DFI) and impact investor has announced a $60 million trade finance facility for Nigeria’s Access Bank...
Guaranty Trust Bank partners with Infosys Finacle.
Nigeria-based Guaranty Trust Bank has partnered with Infosys Finacle to use the latter’s services for its multi-country digital banking transformation program. Following this announcement, the Guaranty Trust Bank will...
Glo Emerges ‘Outstanding Telecom Brand Of The Year’
Foremost telecommunications company, Globacom, last weekend garnered two prestigious awards at the 2023 Brands and Advertising Awards organized by brand and marketing communication industry giant,...
Air Peace Orders Five New Embraer E175 Aircraft Worth US$288.3m.
Air Peace, West Africa’s largest airline, yesterday placed a firm order for five Embraer E175 aircraft. This strategic decision marks a significant step forward and...
Stanbic IBTC Pension Managers Unveils FUZE Talent Show 2.0 For Nigerian Youths.
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has unveiled the highly anticipated second season of its transformative initiative – FUZE Talent Show. ...
Optimus Bank commences operations.
Optimus Bank Limited, a fully licensed national commercial bank, has officially commenced its operations in the country. During the grand opening and formal launch of...
Zenith Bank, AfCFTA Sign $1m Agreement For Trade Opportunities.
The African Continental Free Trade Area (AfCFTA) has urged Nigeria to develop its auto industry in order to meet its automobile needs as well as...
Sundry Foods Limited (SFL) redeems NGN3.01bn Series 1 Commercial Papers under its NGN10bn Commercial Paper Programme
Sundry Foods Limited (SFL), a leading food services company in Nigeria has announced the maturity and redemption of its N3bn Series 1 Commercial Paper (CP)...
Knorr Jollof Fest Elevates the Jollof Experience in Lagos.
The second edition of the highly anticipated Knorr Jollof Fest took place on July 23, 2023, at the vibrant Muri Okunola Park in Lagos. This...
MTN Debuts Hologram Tour In Nigerian Entertainment Industry.
MTN Nigeria is revolutionising the entertainment industry with Nigeria’s first-ever hologram tour. By introducing cutting-edge holographic technology powered by 5G to the country’s entertainment scene,...
LOTUS Bank Celebrates Two Years of Ethical Banking, Financial Inclusion in Nigeria.
LOTUS Bank, a non-interest financial institution in Nigeria is celebrating its second anniversary.In a statement at the weekend, the non-interest bank announced that over the...
Zenith Retains Top Spot As Nigeria’s Number One Bank By Tier-1 Capital for 14 Straight Years.
Zenith Bank Plc has retained its ranking as the number one bank in Nigeria by tier-1 capital in the 2023 Top 1000 World Banks’ Rankings, published by The Banker...
Fidelity Bank’s International Trade and Creative Connect Expo to hold in USA
Building on the success of the maiden edition of the Fidelity International Trade and Creative Connect (FITCC) in London, UK, last November, leading financial institution,...