Brands & People

Stringent Bank Requirements: A Challenge to SME Growth in Nigeria- Folorunso Alakija

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April 30, 2022
Nigerian philanthropist and businesswoman Apostle Folorunso Alakija has urged the Nigerian government to prevail on banks in the country to reduce their stringent requirements, in order to support and enable Small and Medium Enterprises (SMEs) thrive and contribute to the economy. Alakija, who is one of Africa’s most influential women stated this while featuring as a guest on CNN’s One…
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StartupsTechnology

OnePort 365 Raises $5M In Seed Funding

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April 29, 2022
OnePort 365, a Lagos, Nigeria-based digital freight forwarding company, raised $5M in Seed funding. The round was led by Mobility 54 (the Venture Capital arm of Toyota Tsusho and CFAO Group), with participation from SBI Investment, Flexport, Samurai Incubate, and ODX. The…
Events

WOW!Connect launches TEPS, a new Events Platform

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April 27, 2022
Event planners, entrepreneurs, and corporate organisations have faced hurdles to implement safe events. As a result of this, the Chief Experience Officer of WOW!Connect and Founder of TEPS Tobi Olanihun and a team of Nigerian software engineers worked on creating this platform that is on track to revolutionize the events industry, and boost attendee engagement and general experience. “I am…
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AgricultureBrands & People

Abdul Samad Rabiu’s BUA Foods posts $167.8 million in profit in 2021

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April 15, 2022
BUA Foods Plc, a newly consolidated food conglomerate led by Nigerian billionaire businessman Abdul Samad Rabiu, reported a profit of N69.76 billion ($167.84 million) at the end of its 2021 fiscal year thanks to a double-digit percentage increase in revenue. BUA Foods’ profit increased by 97.05 percent from N35.41 billion ($85.2 million) in 2020 to N69.76 billion ($167.84 million) in 2021…
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Events

OMO honours Mothers through the ‘Everyone’s Mum’ campaign

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April 14, 2022
For this year’s Mother’s Day celebration, OMO is recognising the mother figures who show love and care for every child in their community through the ‘Everyone’s Mum’ campaign. Being a mother is one of the most important roles a woman can ever play – loving their…
Events

GIVO is set to host its Official Exhibition themed ‘Invested in the Earth’

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April 14, 2022
On Earth Day 2022, GIVO will be hosting its official exhibition, themed; Invested In the Earth to showcase the future of the circular economy in Africa through its award-winning technology, processes, and impact. In Nigeria, over 17.5 million tons of plastic waste are generated every year, with less than 10% collected or recycled. This waste is improperly disposed of in landfills next to…
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