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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Brands & People

AfricInvest acquires a stake in a retail company.

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…
Brands & People

Transcorp Hotels grows profit by 172%

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…
Brands & People

Labour threaten to close ports due to wage negotiations

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 visit to the President of the Maritime Workers Union of Nigeria, Adewale Adeyanju. Ajaero charged Adeyanju to give the…
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Brands & People

The NGO appointed Awosika as a matron.

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…
Brands & People

The company promotes innovations in furniture production.

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, stylish and could be assembled easily with little effort and in very little time. It stated, “They fit into tight spaces…
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Brands & People

Bigi unveils ‘Bigi For Every Moment.

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…
Brands & People

NSSF is taking action to promote youth employment.

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…
Brands & People

The African Alliance paid out 25.7 billion naira claims over three years.

Life insurance company, African Alliance, said it paid N25.7bn claims to its policyholders in three years. The company which recently won the ‘Claims Excellence Insurance Company of the Year 2022’ award by Banks and Financial Institutions, said it consistently increased claims payment by 17 per cent year on year since 2020. A statement by the company said t in 2020, over N7.1bn was paid out in…
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