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…
With the launch of a Regulatory Framework for Open Banking by the Central Bank of Nigeria (CBN) last Wednesday, Nigeria has joined the vanguard of other countries that poised to deepen innovation and increase the range of products available to customers in the financial…
The economy remained subdued in December as the Purchasing Manager’s Index was below 50.0 index points, according to the Central Bank of Nigeria.
The CBN released in the reports of members of the Monetary Policy Committee member that the PMI, which is an index of the prevailing direction of economic trends in the manufacturing and service sectors was below average at 49.4 index points.
An MPC…
The owners of TGI Group restaurants have joined forces to create Terra jollof Cube.
March 10, 2023
Tropical General Investments, makers of Terra Jollof Cubes, has said it will continue to spare no efforts in producing quality seasoning cubes for the benefit of the consuming public.
As a result, the firm said it would partner all stakeholders including caterers to create…
Taxes paid by manufacturers to the Federal Government rose by 60 per cent to N839.6 in 2022 from N524bn recorded in the prior year, according to findings by The PUNCH.
Data sourced from separate reports compiled by the National Bureau of Statistics showed that manufacturing…
Nigeria’s misery index has soared by 11.9 percentage points to 73.05,
The misery index is a measure of economic distress felt by everyday people, due to the risk of (or actual) joblessness combined with an increasing cost of living. The misery index is calculated by adding the seasonally adjusted unemployment rate to the inflation rate.
The misery index of a nation is a yardstick of economic…
Nigerian fintech, Flutterwave, has been announced as the lead sponsor of the Africa Fintech Summit 2023 slated to hold in Washington D.C on April 12, 2023, and in one African city to be that would be disclosed later in the year.
According to a statement by the company, the…
The Managing Director, International Breweries Plc, Mr Coutino Carlos, has said it is important for women to increase their capacity and be more involved in the tech sector.
He spoke during a programme in Lagos on Wednesday on the 2023 International Women’s Day with the…
Union Bank of Nigeria has reaffirmed its commitment to a just and equitable society by promoting equity, justice, and the continuous inclusion of women in all fields of human endeavour, particularly in technology.
A statement said this was highlighted at a virtual event hosted by the bank’s internal women’s network called the Women Empowerment Hub, in honour of International Women’s Day…