Oyo State Governor, Seyi Makinde, has inaugurated Africa’s first cassava-based sorbitol factory in Iseyin.
The factory’s financing was facilitated by First City Monument Bank (FCMB), Psaltry International Limited (PIL) and Unilever Nigeria.
Makinde said: “This is another value addition to cassava which Oyo State is known to produce in large quantities. We are glad that the strategies…
Leadway Health has launched its telemedicine feature for better access to healthcare.
Managing Director/Chief Executive Officer, Leadway Health Limited, Dr. Tokunbo Alli, stated that the feature on the Leadway Health App is available for downlo on the iOS App Store and…
The Nigerian subsidiary of Old Mutual Limited (OML) has launched an Education Protection Plan (EPP or EduSure) that assists parents and guardians secure learning for their children or wards
The company said EduSure helps parents and guardians to save for the education of…
The President, Major General Muhammadu Buhari (retd.), has consented to the acquisition of the entire share capital of Mobil Producing Nigeria Unlimited by Seplat Energy Offshore Limited.
This is according to a tweet by the Presidency on Monday afternoon titled ‘President Buhari consents to the acquisition of Exxon Mobil shares by Seplat Energy Offshore Ltd.’
According to the Presidency…
A former Minister of Finance, Dr. Shamsuddeen Usman, has been appointed as the Chairman of Citibank Bank Nigeria.
He is the third chairman of the bank in Nigeria since inception.
Usman has been on the Board of Citibank Nigeria as an Independent non-Executive Director since…
A 34-year-old software developer, Abiodun Oguntade, who now lives in Mende, Maryland, recently fell prey to the antics of a fraudulent property developer.
Oguntade stated that the developer took advantage of his naivety to swindle him of a N300,000 down payment for a…
The initiative, which was done in partnership with Deloitte Nigeria, was launched on Friday, August 5, 2022, in Ikeja.
The Whistle-blowing facility which is referred to as the ‘Deloitte Tip-Offs Anonymous’ is designed to ensure that concerns about wrongdoings within the LIRS can be raised by any stakeholder without fear of intimidation.
Speaking at the launch, the Chairman of the agency…
Nigeria lost N891bn to gas flaring in 18 months, according to data from the Nigerian Oil Spill Monitor, an arm of the Nigerian Oil Spill Detection and Response Agency, NOSDRA, released on Sunday.
The data revealed that the country lost a total of N707bn in 2021 and N184bn in…
The Federal Government has disbursed N1.24tn to 4.21 million enterprises through the Bank of Industry in six years, the latest report on disbursements by the bank showed.
Data in the report indicated that the disbursements, comprising loans and grants, were received by…
In the space of just about a month and a few days, four major cryptocurrency firms have been attacked and over $300 million lost as hackers succeeded in gaining access to thousands of crypto wallets.
With the crypto industry already unsettled with the complaints of un-stabilized prices, the recent commotion has displaced over 10,000 traders who trade under four different firms.
For Harmony…