Market

The owners of TGI Group restaurants have joined forces to create Terra jollof Cube.

Tropical General Investments, makers of Terra Jollof Cubes, has said it will continue to spare no efforts in producing quality seasoning cubes for the benefit of the consuming public. As a result, the firm said it would partner all stakeholders including caterers to create more awareness about the product. According to the statement, Terra Jollof Cubes is packed with a unique mix of traditional…
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Market

Manufacturers paid N840bn tax in 2022 – Report

Taxes paid by manufacturers to the Federal Government rose by 60 per cent to N839.6 in 2022 from N524bn recorded in the prior year, according to findings by The PUNCH. Data sourced from separate reports compiled by the National Bureau of Statistics showed that manufacturing…
Market

Misery index in Nigeria rose by 12 points.

Nigeria’s misery index has soared by 11.9 percentage points to 73.05, The misery index is a measure of economic distress felt by everyday people, due to the risk of (or actual) joblessness combined with an increasing cost of living. The misery index is calculated by adding…
Fintech

Flutterwave supports financial technology convergence

Nigerian fintech, Flutterwave, has been announced as the lead sponsor of the Africa Fintech Summit 2023 slated to hold in Washington D.C on April 12, 2023, and in one African city to be that would be disclosed later in the year. According to a statement by the company, the sponsorship comes in the wake of Flutterwave’s latest licences issued in Egypt, making it possible for the firm to be an…
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Technology

Companies want more women in the tech industry

The Managing Director, International Breweries Plc, Mr Coutino Carlos, has said it is important for women to increase their capacity and be more involved in the tech sector. He spoke during a programme in Lagos on Wednesday on the 2023 International Women’s Day with the…
Banking

Union Bank promotes women's participation in technology

Union Bank of Nigeria has reaffirmed its commitment to a just and equitable society by promoting equity, justice, and the continuous inclusion of women in all fields of human endeavour, particularly in technology. A statement said this was highlighted at a virtual event…
Banking

More and more banks are issuing old notes, and customers are refusing deposit conditions.

More Deposit Money Banks have begun to dispense old N1,000 and N500 notes to their customers, about three days after a few banks started doing so. Polaris Bank and First Bank had started to pay old N1,000 and N500 notes to their customers. This came about three days after Guaranty Trust Bank Plc, Zenith Bank Plc and Sterling Bank started dispensing old N1,000 and N500 notes to their…
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FintechTechnology

Samsung launches Mother's Day promotion in Nigeria

Samsung Electronics Nigeria has said it is celebrating women in Nigeria in its Samsung Mother’s Day offer. In a statement, the company said, “Samsung appliances are an epitome of strength, reliability and consistency and we can liken Mothers’ similarly as the symbol of…
Technology

Tech Expert Warns INEC About BVAS, IReV - NCS President

What are your thoughts on the performance of BVAS and IReV during the presidential and National Assembly elections?  The BVAS device in that election performed its role. BVAS is just an accreditation device; it was developed to ensure that only accredited voters can vote…
Fintech

Lack of staff will hit business - report

Nigerian companies are suffering from the scarcity of tech workers, a report by SAP Africa has disclosed. According to the report, nearly all organisations in Nigeria and Africa are expected to experience a tech skills-related challenge in 2023. According to the report titled, ‘Africa’s Tech Skills Scarcity Revealed,’ Nigerian companies are the most hit when it comes to scarcity of tech…
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