The International Energy Agency (IEA) expects a more significant slowdown, while the producer organisation OPEC remains hopeful, driven by China-led growth, casting doubt on the growing gap in oil demand predictions for 2024 due to demand destruction in Nigeria. For years, OPEC and the IEA, representing industrialised nations, have been locked in disputes regarding long-term Read More…
Business
Sesor initiates livelihood support programme for 78 IDP women in Lagos
Sesor, in collaboration with the Grooming Centre, has launched the first phase of its livelihood support funds disbursement programme, commencing with a pre-disbursement training event named the ‘Advanced Business & Financial Literacy Training Programme.’ The event took place at Sesor Space in Lagos and was designed for 200 displaced women. The training, conducted in English, Read More…
Lagos farmers and stakeholders urged to conserve water resources
In a call for greater environmental responsibility, Lagos State Commissioner for Agriculture, Ms. Abisola Olusanya, has encouraged those involved in the agricultural value chain, including farmers, food processors, and marketers, to exercise judicious use of water resources. This call to action occurred during a road walk organised by the Lagos State Government as part of Read More…
CBN to boost forex market liquidity and lifts ban on 43 items
In a significant move, Nigeria’s central bank announced on Thursday its intention to intermittently intervene in the country’s foreign exchange market to enhance liquidity. This decision coincides with the ending of an eight-year ban on 43 previously restricted items from accessing foreign exchange on the official market. The ban had encompassed items such as rice, Read More…
International Day of the Girl Child: CILT President urges exploration of blue economy opportunities
On the occasion of the International Day of the Girl Child, Mrs. Mfon Usoro, National President of the Chartered Institute of Logistics and Transport (CILT), has encouraged young women to consider the vast opportunities within the marine and blue economy, presenting a chance to tap into the lucrative $1.5 trillion sector. Usoro conveyed this advice Read More…
Goge Africa hails Sterling Bank’s support for the tourism sector
Goge Africa, a prominent tourism and cultural media brand, has expressed its gratitude and admiration for Sterling Bank’s unwavering support of the tourism sector over the years. The Managing Director of Goge Africa, Nneka Isaac-Moses, lauded Sterling Bank in a statement issued on Tuesday from Lagos. Isaac-Moses acknowledged that Sterling Bank had made a significant Read More…
Glovo launches “The Couriers Pledge” in Nigeria to enhance social rights and benefits
Glovo, Africa’s leading multi-category app, has introduced “The Couriers Pledge” in Nigeria, aimed at elevating the social rights and benefits available to couriers, irrespective of their employment or work status with the company. Mrs. Lamide Akinola, the General Manager of Glovo Nigeria, made the announcement in a statement released on Wednesday in Lagos, highlighting the Read More…
Nigeria’s growing attraction for investors: Edun delivers optimistic message
Nigeria’s Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has announced that Nigeria is fast emerging as a prime destination for investors, trailing closely behind China and India. Edun shared this insight during an interview on the sidelines of the ongoing 2023 World Bank/IMF Annual Meetings in Marrakech, Morocco. He underscored Read More…
Media Mogul Mo Abudu launches “Africa Creates” initiative at 2023 World Bank/IMF Meetings
Nigerian media personality and CEO of EbonyLife Media, Mo Abudu, unveiled her visionary “Africa Creates” initiative at the 2023 World Bank/International Monetary Fund (IMF) Annual Meetings in Marrakech. The initiative’s primary aim is to showcase and elevate Africa’s creative talent, not only on the continent but also worldwide. Abudu emphasised the potential for Africa to Read More…
From Farm to Bottle: The Visionary Leadership of Dr. Abdulsalami Ogbemudia at Niyya Food and Drinks
In our discourse with Dr. Abdulsalami Ogbemudia, CEO of Niyya Food and Drinks, we delve into the narrative of a visionary leader steering the course of one of Nigeria’s prominent companies. Dr. Ogbemudia, at the helm since May 2021, brings a wealth of expertise in Manufacturing Operations and Corporate Governance to the forefront of Niyya’s Read More…