Brands & People

Alibaba is divided into six business groups.

Alibaba announced Tuesday that it would split into six business groups in one of the most significant overhauls of a leading Chinese tech firm to date. The company’s chairman and CEO, Daniel Zhang, said the restructuring would enable each separate business to pursue its own fundraising and public listing plans. Hangzhou-based Alibaba said the moves were intended to “unlock shareholder…
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Brands & People

Cadbury Honors Talent Winners

Cadbury Nigeria Plc has said that winners of Season 4 of its Bourn Factor School Talent Competition have emerged. The company, in a statement, noted that the winners emerged from different states across the country. It disclosed that the competition, which has been running since 2019, rewards winning schools with monetary prizes and sponsorship of a social impact activity of their…
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Brands & People

LAPO MfB rewards its clients.

Lapo Microfinance Bank has rewarded its customers with cash prizes in its raffle draw promo. During the live draw that took place at its head office in Lagos, Lapo said it organised the event to encourage savings culture among Nigerians. At the promo, 170 winners got…
Brands & People

Unilever exits Nigeria's home and skincare markets

Fast Moving Consumer Goods, Unilever Nigeria, has said that it will be exiting the home care and skin cleansing markets to reposition its business for sustained profitability. This was revealed in a corporate notice to the Nigerian Exchange Limited and signed by its Company…
Brands & People

Dangote Sugar appoints new head director

The board of Dangote Sugar refinery plc has appointed Yabawa Lawan Wabi, as an Independent Non-Executive Director. According to a corporate notice signed by the Company Secretary, Temitope Hassan, the appointment was approved by the board at its meeting held on February 28, 2023. Mrs. Wabi has experience in the public sector having served as Permanent Secretary in various ministries, and as…
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Brands & People

MOMAN analyzes data automation for processing companies.

The Major Oil Marketers Association of Nigeria has urged the government to automate data in the downstream segment of the country’s oil sector. Speaking last weekend during a virtual event organised by MOMAN to commemorate World International Data Day with the theme “The Importance of Data and Automation in the Downstream Business”, the head of Political Consulting, VIISAUS, Ikponmwosa…
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