Brands & People

International Breweries awards technology competition winners.

Beerkathon, a tech initiative aimed at encouraging inclusion in the tech industry produced three winners at an awards ceremony organised by BeerTech Africa, the tech arm of International Breweries Plc, a member of AB InBev, a global beer maker. A statement said the event took place in Lagos at a gathering of tech enthusiasts and other stakeholders in the Nigerian innovation and technology…
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Technology

9mobile invests N70billion to upgrade network

A telecommunications company, 9mobile, on Tuesday, said it has invested N70 billion in its ongoing network modernisation. The Chief Executive Officer of 9mobile, Juergen Peschel, in a statement, during its annual Channel Partners Conference held recently in Lagos said…
Brands & People

Adidas opens flagship store in Lagos

Sports brand, adidas, has opened a flagship store in Lagos State, Nigeria; its largest and first-of-its-kind store in West Africa. In a statement issued by the sports brand, adidas revealed that Lagos Flagship is the fourth adidas store to open in partnership with BrandCo in Nigeria. It stated that the flagship store would provide an immersive and community-driven shopping experience for exclusive…
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Startups

Boosting SME Profitability in an Era of High Inflation

Every year, a lot of small and medium scale enterprises flood the market worldwide with new product solutions. This is common in developing economies like Nigeria where SMEs represent about 90 per cent of employment across the globe, the World Bank says. According to the…
Automobile

10 million unusable tires destroyed in 6 months - SON

The Standard Organisation of Nigeria has said that it destroyed 10 million substandard tyres in six months. In a statement, the Director General of SON, Mallam Farouk Salim, said this at a one-day sensitisation programme with tyre dealers at the Africa Tyre Village, Lagos International Trade Fair Complex, Lagos. Speaking at the sensitisation programme tagged “Vehicle tyres, quality and…
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Brands & People

Peak Milk apologizes to CAN for 'aggressive' Easter ad

withdraws picture, pledges it won’t happen again The management of FrieslandCampina WAMCO Nigeria Plc, manufacturers of Peak Milk, has apologised to the Christian Association of Nigeria for using the crucifixion of Jesus Christ as a metaphor to promote their product on…
Startups

Startup launches luxury salon in Lagos

Curlla Luxury Salon has disclosed plans to launch its flagship location in the Lekki area of Lagos State. It is set to be the ultimate expression of luxury created to provide a unique and unparalleled beauty experience, with a focus on personalisation, exclusivity, and…
Brands & People

BUA Foods increased sales to N418 billion

Consumer goods company, BUA Foods, has said its 2022 full year revenue rose by 26 per cent to N418.3bn from N333.2bn in 2021. It also reported a 31 per cent appreciation in its profit after tax for the financial year ended December 31, 2022 when compared to the previous year. This was disclosed in the 2022 financial year results of the company filed with the Nigerian Exchange Limited on…
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