The Chief Executive Officer of Seplat Energy PLC, Roger Brown, has stepped down from office following the order of a Federal High Court in Lagos.
The court restrained Brown from parading himself as the firm’s CEO pending the determination of a suit filed against him and others by aggrieved stakeholders of the company.
The aggrieved stakeholders accused Brown of racism, favouritism for expatriate…
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…
AfricInvest Fund IV has bought a minority stake in the Nigerian retail store, Justrite Superstore.
In a statement made available to our correspondent Monday, AfricInvest said that this move would allow Justrite to contribute to building affordable grocery outlets that source…
Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group has said its profit after tax rose by 172 per cent in 2022 financial period.
In a statement on its financial results for full year 2022, it said, “The company reported a profit before tax of N4.5bn, a 172 per cent increase year-on-year, having ended 2021 with a PBT of N1.7bn.
“It also reported a 47 per cent growth in revenue…
The Nigeria Labour Congress has threatened to shut down the country’s seaports over the government’s refusal to address some of the challenges in the sector.
The President of NLC, Joseph Ajaero, said this on Friday while addressing journalists in Apapa during a courtesy…
Access Bank Chairman and Honorary Consul in the Czech Republic Dr. Ayoritsedere Awosika was appointed Project Manager and Environmental Adviser of the Inspires Me Academy. During a preventive visit to Awosika from her office in Ikoyi Lagos, NGO founder Aralola Olamuyiwa…
#RanksBusiness Magazine has concluded plans to recognize 100 women entrepreneurs.
February 21, 2023
#RanksBusiness Magazine has concluded plans to recognize 100 women entrepreneurs who have distinguished themselves and added value to society and humanity as part of activities and programs to celebrate Women’s Day 2023.
For the next ten days, we will highlight 100 remarkable women and their businesses.
You already know that female entrepreneurs are a formidable force. Do you need any…
Iròkó, Nigeria’s furniture and lifestyle brand has said as part of its efforts at boosting innovation in the sector, it launched a ready-to-assemble sofa and bed frame collection specially designed.
In a statement on Friday, it said the sofas and beds were durable…
The Bigi carbonated soft drink produced by Rite Foods Limited, a world-class and proudly-Nigerian company, that revitalises consumers with its 13 variants, has unveiled a new mantra, Bigi for Every Moment’ as the most refreshing brand that suits all occasions.
The new…
Nigeria Solidarity Support Fund, a non-profit organisation, says it is stepping up efforts to reskill the Nigerian youths to boost job creation.
A member of the NSSF Advisory Board, Bola Adesola, said this in her opening speech during a book launch by the NGO, titled, ‘We Naija: Righting our story.”
The event was held in Lagos.
Adesola noted that the NGO was established to supplement efforts…