The National Sugar Development Council (NSDC) has revealed that Lagos, Ogun and Oyo states account for 80 per cent of sugar consumed in the country.
It stated that households consume less than 20 per cent of sugar, while industrial consumption takes the largest chunk.
According to the council, the real sugar consumers are the industrial players – where companies like Cadbury, Breweries, Dangote…
The National Pension Commission (PenCom) has said that Pension Fund Administrators (PFAs) generated total earnings of N125.39 billion in the financial year ended 31 December 2021.
The total earnings of the PFAs indicate a 14.33 per cent increase, when compared with total…
Oui Capital launches a second fund of $30 million called the 'Oui Capital Mentors Fund II'
August 7, 2022
In July 2021, Nigerian fintech startup, TeamApt, announced its Series B round with participation from Global Ventures, Oui Capital, Kepple Africa Ventures, Gbenga Oyebode, and a few other angel investors and VCs.
Today, one of the investors in that round – Oui…
Meta (Facebook) has introduced content creators in Lagos to the various technologies that are paving the road to the metaverse.
Celebrating their impact and creativity, the social media platform stressed the need for them to prepare for the revolution coming up in the technology space.
In attendance were a mix of content and technical creators, who represent a variety of interests from Music…
At Eskimi CMO Masterclass forum in Lagos, brands have been exposed to the importance of digital technology to marketing.
Specifically, they urged brands in the country to focus on the right Key Performance Indicators (KPIs) to achieve their target, while embracing…
Appknox, an enterprise mobile application security solution firm and its African partner, CED Technologies have created awareness on the need for consumers to be security conscious in app usage.
Speaking at a webinar with the theme, “How an insecure mobile app can tarnish…
Understanding that women in technology would need to position themselves properly to maximize global shift, Wentors is preparing women in technology for the multicultural and multiracial future of work.
A global community of women in technology led by EduAbasi Chukwunweike and Unoma Adeyemi, Wentors said it is committed to increasing the rate of women’s participation and retention in technology…
Digital banking is the new route that financial service providers and regulators are travelling to offer seamless services to the banked, and encourages the unbanked and underbanked to join the financial services net.
Two channels have for long dominated the digital banking…
Unity Bank Plc has posted gross earnings of N27.6 billion for its half-year results, representing a growth of 17 per cent year-on-year.
In its unaudited half-year financials submitted to the Nigeria Exchange Group Limited, the bank also made significant improvements across…
A Lagos-based 28-year-old man, Damilola Areje, has allegedly absconded with a 2019 Mercedes Benz GLE 43, worth N52 million, and $700 worth of Bitcoin belonging to a 32-year-old businesswoman, Nneka Chiemelu, who is into real estate and construction.
According to Miss Chiemelu, Damilola, an acquaintance whose father, Inspector Adegbola Areje is a policeman, allegedly stole her car from her…